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The 6 WORST Amex Transfer Partners (Avoid These!)
Amex transfer partners can be a GREAT way to redeem Amex points, BUT some transfer partners often lead to BAD VALUE. Learn which ones you should avoid (and why). Click “Show More” to see Ad Disclosure, links, and additional information below.
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🎬 VIDEO: Beginner’s Guide to Transfer Partners for BIG VALUE (Amex, Chase, Citi, Capital One Credit Cards)
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VALUE OF AMEX POINTS | What Are Amex Points Worth?
1. In general and on average, Amex points are worth 1.7¢ per point when using Amex transfer partners (example: 10,000 points = $170). However, these types of redemptions are normally achieved with international airlines in a premium cabin during a long-haul flight.
2. For hotels, car rentals, cruises & vacations booked through the Amex Travel Portal, Amex points are worth a flat rate of 0.7¢ per point (example: 10,000 points = $70).
3. For flights booked through the Amex Travel Portal and for luxury hotels booked through the Amex Fine Hotels and Resorts program, Amex points are worth a flat rate of 1.0¢ per point (example: 10,000 points = $100).
For the purposes of this video, we’ll use 1 Amex Point = 1.7¢ for comparison to other programs.
The 6 Amex Transfer Partners you should likely AVOID are as follows…
1. Hilton Honors (1:2) - Hilton Honors points are worth 0.5¢ on average and the program also has dynamic pricing.
2. Marriott Bonvoy (1:1) - Marriott Bonvoy points are worth 0.7¢ on average and the program also has dynamic pricing.
3. Choice Privileges (1:1) - Choice Privileges points are worth 0.6¢ on average.
4. JetBlue True Blue (1:1) - JetBlue points are worth 1.3¢ on average and the program also has 2 major limiting factors that prevent you from getting big, outsized value: (a) It’s a revenue-based rewards program (b) It’s a U.S. airline subject to the Amex Excise Tax Offset Fee.
5. Delta Air Lines (1:1) - Delta SkyMiles are worth 1.1¢ on average. The program is also subject to dynamic pricing and it’s a U.S. airline subject to the Amex Excise Tax Offset Fee.
6. Hawaiian Airlines (1:1) - Hawaiian miles are worth 1.0¢ on average. The loyalty program is semi-dynamic in that it has region-based redemption ranges that can vary by demand and fare class. Again, it’s a U.S. airline subject to the Amex Excise Tax Offset Fee.
EXCEPTIONS
1. You’ve done the math & it makes sense.
2. You need to ‘top off’ your balance in another program.
3. A limited-time transfer bonus is available (and you’ve done the math & it makes sense).
4. You’re transferring Amex points into miles on Airline A at a loss / breakeven / gain, and then will use those miles to fly on partner Airline B at a GAIN compared to the average Amex point value.
AMEX CREDIT CARDS WITH TRANSFER PARTNERS (Hint: if they earn Amex Membership Rewards points, then they have access to Amex transfer partners)
- Amex Centurion Card | Amex Black Card (plus the business versions)
- Amex Platinum Card (plus the business version)
- Amex Gold Card (plus the business version)
- Amex Green Card (plus the business version)
- Amex Everyday Preferred Card
- Amex Everyday Card
🎬 MORE CREDIT CARD VIDEOS
🔹How to Use Chase Ultimate Rewards Points: https://youtu.be/qGUHe0xfKFk
🔹How to Use Amex Membership Rewards Points: https://youtu.be/OAos9ucMPVo
🔹7 BEST Amex Platinum Card Benefits 2022 (How to Use Them): https://youtu.be/bz74ofQKM2s
🔹Amex Platinum Card Review 2022: https://youtu.be/IaLBFpQj-eE
🔹Amex Gold Card Worth It In 2022?! (Amex Gold Card Review): https://youtu.be/iF07TX7MH8Y
🔹How to Use Priority Pass (Beginner’s Guide): https://youtu.be/mP1zEyWdf8o
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#americanexpress #amexcreditcards #amexpoints
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