American Express card members can now pay for New York City Taxi Cabs with your Membership Rewards points.
American Express and VeriFone Systems have partnered together to enable eligible AMEX Card members to use Membership Rewards points to pay for your taxi fares in New York City.
You can pay for your Taxi Cab fare in real-time at the end of your ride, so you don’t have to prepay for your rides, and you can decide to use your Membership Rewards points after any given ride.
The payment ratio is 1 MR point per 1 cent, so it’s a decent way to Redeem Your Membership Rewards Points, although not necessarily the most lucrative way.
Learn more about How To Pay for NYC Taxis with Membership Rewards Points to get the full details.