American Express is currently targeting Membership Rewards earning cardholders with a 20% off some of their gift cards when you redeem your Membership Rewards Points for gift cards. Some have been getting an even bigger discount of 30%, however, YMMV. Essentially, these select gift cards will earn you 1.25 CPP: Athleta, Banana Rep, Brooks Bros, Carnival, Pottery Barn, Ralph Laur, Ruth Chris, Sak 5th, Victoria’s Sec, & West Elm, with Walmart and Target Gift Cards earns .875 CPP. This promotion will only be available until December 21, 2017. If you were targeted, be sure to take advantage of this offer before the promotion ends!
Editor’s Note: This is a targeted offer, Your Miles May Vary.
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AmEx Membership Rewards Gift Card Offer Summary:
- Athleta, Banana Rep, Brooks Bros, Carnival, Pottery Barn, Ralph Laur, Ruth Chris, Sak 5th, Victoria’s Sec, & West Elm will earn you 1.25 cents per point instead of the standard 1 cent per point.
- Walmart and Target gift cars will earn you 0.875 cents per point vs. 0.7 CPP.
How To Get Offer:
If you were targeted:
- Log into your AMEX account
- Redeem your Membership Rewards points for those select Gift Cards
- Once you have redeemed your MR points, you’ll be getting 20% Off.
| Get No Shipping Fee attached on American Express® Personalized Gift Cards using promotional code FREESHP17A. This is a great gift, especially since the holidays is around the corner. Personalize your own unique message to show your utmost gratitude for your graduate on such a special day!
(Purchasing Fees still applies) No Shipping Fees Code: FREESHP17A
Offer only applies to Shipping Fees. Purchase fees will apply. Offer does not apply to Gift Cheques, Logo Gift Cards and eGift Cards. Terms and conditions apply to Gift Cards and Business Gift Cards. Offer is intended exclusively for users presented with Offer and related link and is not valid on Gift Card and Business Gift Card purchases made on partner sites. Offer is subject to change without notice. |
| Get No Purchase Fee attached on American Express® Anonymous Gift Cards using promotional code HOLFREE17. Gift cards are flexible and convenient and a honest way to show your hospitality without having to go out and think of a perfect gift and honestly, what’s better than a beautifully embellished Gift Card from American Express!
No Purchase Fees Code: HOLFREE17 (Expires 12/31/17)
*Offer only applies to Shipping Fees. Purchase fees will apply. Offer does not apply to Gift Cheques, Logo Gift Cards and eGift Cards. Terms and conditions apply to Gift Cards and Business Gift Cards. Offer is intended exclusively for users presented with Offer and related link and is not valid on Gift Card and Business Gift Card purchases made on partner sites. Offer is subject to change without notice. |
Final Analysis:
Above, I’ve also taken the liberty of listing some of the other Gift Card offers out if you weren’t targeted and still looking for decent AMEX gift card deals to save you a bit of money. Again, this is a targeted offer for upwards of 1.25+ cents per points depending on if you were targeted for 20% or 30%. Definitely may be beneficial for some of you, but I definitely wouldn’t recommend putting your Membership Rewards points in Walmart or Target gift cards.
It’s to my understanding that the Charles Scwab Gift card already gets 1.25 CPP, however, you’d need a Schwabb Platinum Card and your 1.25 CPP goes to your brokerage account with them. Remember that this promotion ends December 21, 2017. For more Amex offers, check out our full list of Amex Gift Card Promo Codes. Don’t forget to also check out our full list of Credit Card Bonuses for all of your credit card needs.
