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Best way to use Amex MR Points?

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LionLaw
Frequent Contributor

Best way to use Amex MR Points?

So, I've accumulated over 20,000 Membership Rewards points since opening my Zync last summer (and now that I have a PRG, they are all full Membership Rewards points, not MRE points).  I think I'm getting close to the point where I should be able to get some free travel out of these points.  So, what is the best way to use them?  On the Membership Rewards site, the only major domestic airlines I see for transfers are Delta and Jet Blue; the transfer rate for Delta skymiles is 1:1, while the transfer for Jet Blue points is less than 1:1.  I see Virgin America on there too, but I've never flown with them.

 

I'm guessing this means that transferring to Delta is the best use of MR points, unless I'm missing something.  Any insights?

Message 1 of 40
39 REPLIES 39
ryanbush
Valued Contributor

Re: Best way to use Amex MR Points?


@LionLaw wrote:

So, I've accumulated over 20,000 Membership Rewards points since opening my Zync last summer (and now that I have a PRG, they are all full Membership Rewards points, not MRE points).  I think I'm getting close to the point where I should be able to get some free travel out of these points.  So, what is the best way to use them?  On the Membership Rewards site, the only major domestic airlines I see for transfers are Delta and Jet Blue; the transfer rate for Delta skymiles is 1:1, while the transfer for Jet Blue points is less than 1:1.  I see Virgin America on there too, but I've never flown with them.

 

I'm guessing this means that transferring to Delta is the best use of MR points, unless I'm missing something.  Any insights?


With Delta you're going to need close to 40K MR points to go anywhere domestic, sometimes you can find reward availability during non peak times for 25k round trip.  That is few and far between though.

 

You can always go to Delta's website and use the Award Calendar to look at destinations and times you would like to fly and see the amount of miles required.

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Message 2 of 40
FutureBillionaire
Established Contributor

Re: Best way to use Amex MR Points?

This thread strengthens the point that folks have been making regarding the lack of punch behind Amex cards. 

Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward,
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape
Message 3 of 40
GoldenloveNY
Frequent Contributor

Re: Best way to use Amex MR Points?

This thread proves that higher tier charged cards, especially the PRG, are meant for those who could push $30,000+ and travel a lot to take the triple points of the PRG. Honestly, I would close my Zync if was not that I like a few of the gift cards options, and the Zync has a low annual fee.

Citi Double Cash: $1,000
Capital One Secured: $500
Capital One Savor One: $1,650
Amex Gold- NPSL.
Amex Platinum- NPSL.
Amex Delta Gold: $1,000
Best Buy Store Credit Card: $2,000
Amazon Store Credit Card: $6,000
Verizon Visa Card: $2,000

Bj's Perks Elite Mastercard: $2,300

Merrick Credit Card: $1,400
First Savings Credit Card: $1,250
Message 4 of 40
FutureBillionaire
Established Contributor

Re: Best way to use Amex MR Points?


@GoldenloveNY wrote:

This thread proves that higher tier charged cards, especially the PRG, are meant for those who could push $30,000+ and travel a lot to take the triple points of the PRG. Honestly, I would close my Zync if was not that I like a few of the gift cards options, and the Zync has a low annual fee.



This is why it's time to downgrade or cancel in July.

Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward,
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape
Message 5 of 40
ryanbush
Valued Contributor

Re: Best way to use Amex MR Points?


@FutureBillionaire wrote:

This thread strengthens the point that folks have been making regarding the lack of punch behind Amex cards. 


not sure where you're going here, just becasue you can't cash out your rewards every couple of months doesn't mean the cards are no good.  with any kind of airline/points/miles card you have to spend quite a bit to get rewards often.  If you don't spend as much you have to wait a while before you cash out you're rewards.

 

I have never used MR points or skymiles for less than 2c each, so my green card and my Delta amex are esentially 2% back or more cards.

 

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Message 6 of 40
Anonymous
Not applicable

Re: Best way to use Amex MR Points?

Agree, if you can't push 30k through the PRG not worth the AF unless you travel some.

Message 7 of 40
flowfaster
Established Contributor

Re: Best way to use Amex MR Points?

Honestly you should sell them on one those deal sites and get $200+ cash.  MR points suck big time.

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Message 8 of 40
ryanbush
Valued Contributor

Re: Best way to use Amex MR Points?


@flowfaster wrote:

Honestly you should sell them on one those deal sites and get $200+ cash.  MR points suck big time.


MR points only "suck" if you don't know how to use them, While I will agree that they aren't worth as much on average as UR points there are many instances where people have gotten 3-4c per out of MR points.  this makes them suck signifiantly less if you know how to use them.

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Message 9 of 40
GoldenloveNY
Frequent Contributor

Re: Best way to use Amex MR Points?

In a sense, MR points doesn't suck. Now that Amex Charge are easy to get, a lot of people of applying for them without realizing that these charged cards are targeted for a specific group of people. I get that they are perhaps a "get in the door" with Amex type of cards. In fact, the MR Express Points doesn't suck if one or more of the partner gifts are geared towards your lifestyle. I have cashed in my 5,000 MRE for a $100 barnesandnoble giftcard, and I bought a whole bunch of books with that (I am a bookworm...lol).

 

Regular MR points are really valued if transferring to frequent flyer programs, but the key here is the timing. I have heard that Amex offers bonus deals throughout the year that greatly boost MR points value. Many have transfers their points at 2-4 cents per point, which is a great value. Charge cards are really great for high spenders. If not, you're going to take years accumulate enough points to go on a vacation. Smiley Tongue

Citi Double Cash: $1,000
Capital One Secured: $500
Capital One Savor One: $1,650
Amex Gold- NPSL.
Amex Platinum- NPSL.
Amex Delta Gold: $1,000
Best Buy Store Credit Card: $2,000
Amazon Store Credit Card: $6,000
Verizon Visa Card: $2,000

Bj's Perks Elite Mastercard: $2,300

Merrick Credit Card: $1,400
First Savings Credit Card: $1,250
Message 10 of 40
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