American Express Membership Rewards - Changes to Gold Collection

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Deal Cadet
mGforCe

Just got an email from AmEx about changes to their Gold Collection. This is relevant for people having or planning to get American Express Membership Rewards Card.

Quoting from email which came few mins back with title “Dear XYZ, Now enjoy new e-Vouchers with the Gold Collection.”

The Gold Collection is now richer than ever. Enjoy redemption of your accumulated Membership Rewards® points on these exciting new brands added in the 24K and 18K Gold Collection.

https://cdn0.desidime.com/attachments/photos/755734/medium/image.png?1648709711

https://cdn0.desidime.com/attachments/photos/755736/medium/image.png?1648709743

It is important to know that the options to redeem your points for Statement Credit of ₹9,000 and ₹6,000 for 24K and 18K Gold Collection respectively will be discontinued effective 3 May 2022.

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Deal Cadet Deal Cadet
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Also a question, should such things be posted in Finance or Dost and Dimes

Deal Cadet Deal Cadet
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it doesn’t make any sense why would one go for a 9k worth voucher instead of 7k voucher which gives better conversion ratio of 0.375 to 0.388 or am I missing something ? 😛

Deal Cadet Deal Cadet
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IamRage wrote:

it doesn’t make any sense why would one go for a 9k worth voucher instead of 7k voucher which gives better conversion ratio of 0.375 to 0.388 or am I missing something ? 😛

It depends on card user and where he/she is with spends. For eg. if one is closing the card or going to stop usage, may be will try to go towards 24K points and close the card (or stop using). But yes, the ones using it regularly will redeem at 18K and restart their journey for next collection.

I personally, aimed to go for stmt credit and 24K offered better value vs 18K, but now they are going to stop!

Deal Newbie Deal Newbie
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For all amex card users ,It is important to know that the options to redeem your points for Statement Credit of ₹9,000 and ₹6,000 for 24K and 18K Gold Collection respectively will be discontinued effective 3 May 2022. So if you have 18k or 24 k points , redeem them asap as statement credit before 3 may 2022

Entertainer Entertainer
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OMG. Amex has gone down the drain too !!

Also, unable to redeem even today.

Entertainer Entertainer
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The Membership Rewards of american express has become very bad now?

I am unable to redeem as statement credit today. And I got a mail nobody in the world will be able to redeem the reward points for statement credit from 3rd May  😌

The PostMighty The PostMighty
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They have retained Amazon Gift Card, which is still one of the best redemption options.

Deal Lieutenant Deal Lieutenant
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few other good options added as well

Deal Subedar Deal Subedar
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nomag wrote:

few other good options added as well

Like ?

Deal Subedar Deal Subedar
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Please suggest what is best way to use 1.1L points

Deal Lieutenant Deal Lieutenant
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Manitian wrote:

Like ?

24k


Amazon e-Vouchers worth ₹9,000
Flipkart e-Vouchers worth ₹9,000
Croma e-Vouchers worth ₹9,000
Tanishq e-Vouchers worth ₹10,000
Shopper Stop e-Vouchers worth ₹11,000
Vistara e-Vouchers worth ₹11,000
Taj e-Vouchers worth ₹14,000

Deal Lieutenant Deal Lieutenant
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Manitian wrote:

Like ?

18K

Amazon e-Vouchers worth ₹7,000
Flipkart e-Vouchers worth ₹7,000
Croma e-Vouchers worth ₹7,000
Myntra e-Vouchers worth ₹8,000
Shopper Stop e-Vouchers worth ₹8,000
Big Basket e-Vouchers worth ₹8,000
Taj e-Vouchers worth ₹9,000
Deal Subedar Deal Subedar
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Manitian wrote:

Please suggest what is best way to use 1.1L points

Redeem Taj Gift Voucher worth 56k and go on anniversary celebration this year blush

Deal Cadet Deal Cadet
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sardasa wrote:

Redeem Taj Gift Voucher worth 56k and go on anniversary celebration this year blush

where? in Ukraine???

Deal Subedar Deal Subedar
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I think better to close Amex card?

Deal Cadet Deal Cadet
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How to redeem as Statement credit for 18k or 24k ?
Is there some option in Web ?

Deal Cadet Deal Cadet
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sifar wrote:

How to redeem as Statement credit for 18k or 24k ?
Is there some option in Web ?

yes i also want to redeem for statement. Pls tell steps

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