amex again devalued reward structure
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hi
today received mail from amex- bonus points 10000 valued at rs 7500 now – on spending threshold of rs 4 lacs.
any one received similar mails? i am having more than 50k points and no plan of travel because of covid
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platinum travel
can u post exact mail details here
Dear…
We would like to inform you that from 22 January 2021, the American Express® Travel Online (ATO) Vouchers redeemable against Membership Rewards® points will be replaced with Bonus Membership Rewards® points.
You can redeem these Membership Rewards® points from the following options:
icon Book domestic and International Flights, Hotels and Transfer on
American Express Travel Online1 portal
icon Get Flipkart gift Voucher3
icon Choose from 500+ exciting redemption options in the Membership Reward catalogue
price table
sorry dont know how to share screenshot through mobile in desidime. table is more important, which couldn’t get reflected here be copy paste
Dear,
Threshold Points Value is decreased on Amex Platinum Travel Card.
We would like to inform you that from 22 January 2021, the American Express® Travel Online (ATO) Vouchers redeemable against Membership Rewards® points will be replaced with Bonus Membership Rewards® points.
You can redeem these Membership Rewards® points from the following options:
- Book domestic and International Flights, Hotels and Transfer on American Express Travel Online portal
- Get Flipkart gift Voucher
- Choose from 500+ exciting redemption options in the Membership Reward catalogue price table
Please note that the Bonus Membership Rewards® points will be credited to you only when you reach out to us via chat through the Amex App or call the number at the back of your Card once you reach the spend milestone.
Redemption Value for Flipkart Voucher or ATO Before 22-Jan-2021
Spend Milestone of Rs. 1.9Lacs 7500 5000/-
Spend Milestone of Rs. 4.0Lacs 10000 8000/-
Redemption Value for Flipkart Voucher or ATO on or after 22-Jan-2021
Spend Milestone of Rs. 1.9Lacs 7500 4500/-
Spend Milestone of Rs. 4.0Lacs 10000 7500/-
American Express® Travel Online Vouchers that are not redeemed in the next 30 days will be deactivated automatically. However, your Account will be reinstated with Membership Rewards® points that were used in the redemption process, by 28 February 2021.
We look forward to serving you with our best.
Sincerely,
American Express Banking Corp.
edited:
Value are reduced by Rs 500/-
You can still redeem before 21Jan2021 when devaluation starts
Most importantly normal point value is also going down. current value of normal MR for travel redemption is 40p, its going down to 33p
Where is it mention? please share the reference link.
Where is it mention? please share the reference link.
Which card/s do you hold with AMEX?