Published on July 3rd, 2016 | by William Charles33
American Express Membership Rewards: 50% Transfer Bonus To Plenti (500:750) – Get 1.5¢ Per Point
- American Express are offering a 50% transfer bonus when you transfer your American Express Membership Rewards points to Plenti. The minimum you can transfer is 500 points and for that you’d receive 750 Plenti points, for a transfer rate of 1:1.5.
The Fine Print
- Valid until December 31st, 2016
- You can transfer a minimum of 500 points
- You must transfer in increments of 500 points
This is the first transfer bonus American Express have offered for Plenti points (you can view all of their past bonuses by clicking here). Plenti points are worth 1¢ when redeeming for merchants within the Plenti coalition loyalty program (e.g Exxon, AT&T and more). This means you can basically get 1.5¢ per point in value if you needed to pay cash for any of these merchants anyway, I personally don’t think that’s a terrible redemption rate but really depends on how highly you value membership rewards. I do think that most of the Plenti partners suck so I won’t be transferring any of my points. What about you? Let me know in the comments.
Hat tip to readers Harold & boridi