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Amex Zync Rewards Value

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Anonymous
Not applicable

Re: Amex Zync Rewards Value

Interesting, I could have sworn that I had seen half a penny per point when I had zync.  That was about a year ago, maybe it could have changed.  Still, .63 cents per point is not much better.

Message 11 of 16
chan85
Established Contributor

Re: Amex Zync Rewards Value


@Anonymous wrote:

Interesting, I could have sworn that I had seen half a penny per point when I had zync.  That was about a year ago, maybe it could have changed.  Still, .63 cents per point is not much better.



True.... but it also better than zero! Smiley Very Happy

Current Debt Management:
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Goals: Pay off credit card debt & buy a new home before end of 2020

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Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 12 of 16
jamesdwi
Valued Contributor

Re: Amex Zync Rewards Value


@chan85 wrote:

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!


When I did checked out using points for something charged it really sucked. Unless they give you much better exchange rate when paying for travel, i would stay away from it as an option,  

 

02/13/2012

WHOLEFDS MLW 10197 04142210036
 charge amount $62.11
pay with point costs: 10,352

I would advise using points to buy Gift Cards for resturants which you may visit while on your trip Rewards program has Chili's  has giftcards and others for  for a  a penny a point. so $25 gift card is 2500 points, of course you are free to get larger gift cards. Or just get gift cards for food you will eat while not enteraining... and since your meals will be re-imbursed fully, you turn points in to cash at a penny a point
Cards: Chase Southwest 20k & CSR 17k & CSP 10k & FNBO 30k Oregon Duck 5k, & AMEX BCP 32.5k & Amex Magnet 15k&amg; Hilton Surpass 7.5k & Delta Gold 12k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 20k, Paypal Extras MC 10k, Paypal Credit 7.25k CapOne Venture 15k, QS 2.5k, QS 750, Amazon 10k, Walmart 10k, Citi Simplicity 18k, Discover IT 23k and a nice stack of store cards.
Landmarkcu Personal Loan 10k
Message 13 of 16
laboi_22
Established Contributor

Re: Amex Zync Rewards Value

http://www.plasticiq.com/blog/value-of-american-express-membership-rewards-express-points/

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000
Message 14 of 16
Revelate
Moderator Emeritus

Re: Amex Zync Rewards Value

Message 15 of 16
laboi_22
Established Contributor

Re: Amex Zync Rewards Value


@Revelate wrote:

@laboi_22 wrote:

http://www.plasticiq.com/blog/value-of-american-express-membership-rewards-express-points/


Thanks!


No problem!

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000
Message 16 of 16
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