American Express Membership Rewards on Sale

American Express is offering up to 40% off the points required for Membership Rewards redemptions on gift cards, travel, dining, retail, and merchandise through December 31, 2013.

If you’ve recently earned Bonus Membership Rewards Points by applying for an American Express card, then this is a good opportunity to maximize the value of your points.

You’ll use up to 40% less points when you redeem your Membership Rewards points for a variety of gift cards and merchandise rewards.

You’ll save 10% off points on hotel gift cards, 15% off points on dining and retail gift cards, 40% off points on American Express gift cards, and 40% off points on merchandise rewards.

Just log in to your Membership Rewards Account to view this special sale on rewards.

These offers are valid for solicited U.S. Membership Rewards program enrollees only, so not everyone may have access to these savings.

American Express Membership Rewards on Sale

10% Off Points for Hotel Gift Cards:

Travel gift cards include Fairmont, Four Seasons Hotels & Resorts, Mandarin Oriental, and Marriott.

A $50 travel card usually requires 6,000 points, so you can get it for 5,400 points with this deal.

15% Off Points for Dining Gift Cards:

Restaurant gift cards include Chili’s Grill & Bar, P.F. Chang’s China Bistro, Ruth’s Chris Steak House, and The Cheesecake Factory.

A $25 dining card usually requires 2,500 points, so you can get it for 2,125 points with this deal.

15% Off Points for Retail Gift Cards:

Retail gift cards include Banana Republic, Bath and Body Works, Bergdorf Goodman, Gap, Neiman Marcus, Nike, Old Navy, PB Teen, Pottery Barn, Pottery Barn Kids, REI, Saks Fifth Avenue, SpaFinder, Staples, The Home Depot, Victoria’s Secret, west elm, and Williams-Sonoma.

A $25 retail card usually requires 2,500 points, so you can get it for 2,125 with this deal.

40% Off Points for American Express Gift Cards & Travelers Cheques:

You can get 40% off the points required for American Express Gift Cards and Travelers Cheques.

A $25 American Express Gift Card usually requires 5,000 points, so you can get it for 3,000 points with this deal.

40% Off Points for ShopAmex Merchandise:

You can save 40% off points on a variety of merchandise from Abt, Apple Store, Best Buy, Macy’s, Nordstrom, Target.com, Tumi, and Walmart.

Redemption Limits

There is a maximum of 20 gift cards per Membership Rewards account for each denomination of the establishments listed as well as for the American Express Gift Cards and Travelers Cheques.

This may be a good time to Redeem Your Membership Rewards Points, especially if you are interested in one of the dining or retail cards, as they provide the best overall redemption value.

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