October 15, 2016

Amazing Holiday Shopping Amex Offers

I've written numerous posts about the Amex Offers concept.  Amex is out with a couple of pretty awesome shopping offers.  While these are targeted, both Emily and I had each offer on our Amex Everyday/Everyday Preferred cards.

The first offers 7,500 Amex Membership Rewards points after spending $500 at Saks Fifth Avenue.  The second offers 4,000 Amex Membership Rewards points after spending $200 at Bloomingdale's.

These offers are stackable so if you have a Saks/Bloomingdale's promo code or go through an online shopping mall, they are even more lucrative.  Earlier this week, United's shopping mall (since expired and currently offering 4x) was offering 15x at Saks.  I'm confident an offer like that will return before the Amex offer expires on 11/7.  Let's do the math on that:

  • 7,500 Amex MR points valued at $.02 each worth $150
  • 7,500 United MileagePlus miles valued at $.02 each worth $150
  • An additional 500 Amex MR points for the $500 in spend worth $10
Assuming you place the same value on points as I do, that's $310 off a $500 purchase.  Note that gift cards will typically trigger the bonus so that's a great way to "extend" the savings into the future.

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