cancel
Showing results for 
Search instead for 
Did you mean: 

Amex Zync Rewards Value

tag
chan85
Established Contributor

Amex Zync Rewards Value

I have a trip planned this summer for San Francisco, tickets averaging around $420 round trip. i would like to use my Zync rewards for covering part of my tickets.

 

If I book through the Amex site it gives me the choice to use points to pay for my flight. What are the value of the points, I.e. dollar value of the points, if I use this method?

 

Is there a difference in the value I get for my points if I do that or just book the flight and then use my points to get a statement credit for the value (while still earning points on the full purchase price of my ticket)?

 

Thanks!

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 1 of 16
15 REPLIES 15
Ron1
Super Contributor

Re: Amex Zync Rewards Value

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.

Message 2 of 16
Creditaddict
Legendary Contributor

Re: Amex Zync Rewards Value

I forget the break down of the value but you can click to use points and it will give you a breakdown of how many points for how much off... If I remember correctly it wasn't really all that worth it and that's even with the regular "rewards" not "Express Rewards" if you only have Zync and not linked to another card from amex that earns regular.

Message 3 of 16
chan85
Established Contributor

Re: Amex Zync Rewards Value


@Ron1 wrote:

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.



No new cards. Applying for a mortgage soon. Plus I am not really in need for another charge card right now.  It's Amex Zync or Cap1 rewards on this trip, but I prefer Amex since I have more flexibility in my spending and I usually end up paying for the group items and everyone gives me cash when we return home and split up the costs.

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 4 of 16
Anonymous
Not applicable

Re: Amex Zync Rewards Value


@chan85 wrote:

@Ron1 wrote:

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.



No new cards. Applying for a mortgage soon. Plus I am not really in need for another charge card right now.  It's Amex Zync or Cap1 rewards on this trip, but I prefer Amex since I have more flexibility in my spending and I usually end up paying for the group items and everyone gives me cash when we return home and split up the costs.


Zync can not be transfered to any frequent flyer/guest program. Green and up can. The card may be able to PC if you have had it longer than 12 months. 

Message 5 of 16
chan85
Established Contributor

Re: Amex Zync Rewards Value


@Anonymous wrote:

@chan85 wrote:

@Ron1 wrote:

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.



No new cards. Applying for a mortgage soon. Plus I am not really in need for another charge card right now.  It's Amex Zync or Cap1 rewards on this trip, but I prefer Amex since I have more flexibility in my spending and I usually end up paying for the group items and everyone gives me cash when we return home and split up the costs.


Zync can not be transfered to any frequent flyer/guest program. Green and up can. The card may be able to PC if you have had it longer than 12 months. 

This is not what I was asking..... see below....


If I book through the Amex site it gives me the choice to use points to pay for my flight. What are the value of the points, I.e. dollar value of the points, if I use this method?

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 6 of 16
Ron1
Super Contributor

Re: Amex Zync Rewards Value


@chan85 wrote:

@Ron1 wrote:

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.



No new cards. Applying for a mortgage soon. Plus I am not really in need for another charge card right now.  It's Amex Zync or Cap1 rewards on this trip, but I prefer Amex since I have more flexibility in my spending and I usually end up paying for the group items and everyone gives me cash when we return home and split up the costs.


I don't know it will give you more spending limit. Do you have any other Amex cards like Green/Gold?

 

Ron.

Message 7 of 16
chan85
Established Contributor

Re: Amex Zync Rewards Value


@Ron1 wrote:

@chan85 wrote:

@Ron1 wrote:

Amex Zync is not good for travel. You should get PR Gold and it gives you rewards for traveling.  I used my PR Gold during traveling and my Amex Zync stayed at home. 

 

 

Ron.



No new cards. Applying for a mortgage soon. Plus I am not really in need for another charge card right now.  It's Amex Zync or Cap1 rewards on this trip, but I prefer Amex since I have more flexibility in my spending and I usually end up paying for the group items and everyone gives me cash when we return home and split up the costs.


I don't know it will give you more spending limit. Do you have any other Amex cards like Green/Gold?

 

Ron.


When I say more spending limit I mean, my internal spending limit is much much higher than my hard credit line with my cap1 (2250). i have had my zync for a year in march and have had it up to 10k before with no problem, so i am sure i can buy what i need with no fear of a decline. no other amex accounts, though in college i did have the green and it was closed.

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 8 of 16
Anonymous
Not applicable

Re: Amex Zync Rewards Value

Amex membership rewards express points are worth half a penny each towards travel expenses.  Regular MR points are worth a full penny each.

Message 9 of 16
chan85
Established Contributor

Re: Amex Zync Rewards Value


@Anonymous wrote:

Amex membership rewards express points are worth half a penny each towards travel expenses.  Regular MR points are worth a full penny each.



i checked the site as another poster suggested and  for my current amount of points 21,892 i can cover $137.92 of my ticket....at half a penny wouldnt that be like $109??

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 10 of 16
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.