Recently, American Express Canada launched a targeted limited-time offer to redeem Subscription Rewards (MR) points for a declaration credit and get a 30% perk.
While it may not be the best offer we’ve seen for redemptions, it deserves having a look at it if you tend to redeem points through the “Usage Points for Purchases” choice rather of moving them to airline company or hotel partners.
Redeem Amex Membership Rewards for a Statement Credit with a 30% Perk
Up until June 29, 2025, American Express cardholders can take advantage of a minimal time deal to redeem Subscription Benefits (MR) with a 30% reward when utilized for a statement credit.
Typically, you get 1 cent per point(
all figures in CAD)when you redeem MR points for a declaration credit through the “Use Points for Purchases” function, but with this 30 %bonus offer, you’ll get
1.3 cents per point. Simply put, for every single 10,000 points you redeem, you’ll get a$ 130 declaration credit, which equals an additional $30 in your pocket. While the offer seems targeted, the Prince of Travel team has actually seen
it on a range of individual cards in the Subscription Benefits household, including the following: To examine if you have actually been targeted for the promotion, head to the “Usage Points for Purchases” area of your Amex dashboard. You may likewise see the deal appear on the”Amex Offers”section of your control panel. If you have been chosen, just click through to redeem on the “Use Points for Purchases” website on your account control panel.
For those of you who have actually examined the website and do not see the offer, not all cardholders are targeted for every single promo. And there’s no genuine rhyme or factor as to why, you either get it or you don’t!
Should You Redeem Amex MR Points for a Declaration Credit?
Among the best features of Subscription Benefits points is that they’re so versatile, permitting you to move them to airline company or hotel loyalty programs. You can likewise book flights through the Amex Fixed Points Travel Program, or redeem them for a statement credit via “Usage Points for Purchases”.
By and large, you’ll get the best value by moving them to commitment programs and redeeming them for travel. Depending on how you redeem them, you can get worth ranging from 1– 8 cents per point, and in many cases even more.
Amex Subscription Benefits points are most valuable when utilized for travel
Bear in mind not everybody redeems points in this manner, and some individuals choose to treat their MR points as a type of cash-back currency with the Use Points for Purchases function.
If you are among these individuals, then it’s definitely worth considering this deal throughout the 30% bonus promotion.
In reality, redeeming points this way makes MR points briefly the most important among Canadian points currencies that can be redeemed at a repaired worth, at 1.3 cents per point versus the requirement 1 cent per point.
Conclusion
Amex is running a targeted limited-time offer to redeem Subscription Rewards (MR) for a statement credit with a 30% reward.
It’s not the most lucrative offer we’ve seen, however if you were to redeem 10,000 points, you’ll get a $130 declaration credit, which equates to an additional $30 compared to usual.
If you’re interested, make sure to make a redemption before June 29, 2025, which is when the promotion is set to end.