What Are Amex Membership Rewards Points?

Amex Membership Rewards (MR) points are earned on every eligible purchase made with an American Express card. These points can be redeemed for various rewards such as flights, hotel stays (miles), or even statement credits. They also give you access to exclusive deals with Amex partners.

But here's the kicker: what if you could buy extra points for a very low price to boost your balance? That’s exactly what Amex is offering to its loyal customers. This is where the incredible deal of purchasing Amex points at ₹0.4 per point comes into play.

How to Buy Amex Points for ₹0.4 per Point

Currently, Amex allows customers to buy additional Membership Rewards points at a rate of ₹0.4 per point. This is a rare opportunity and a fantastic way to quickly accumulate points, especially if you’re planning a big redemption like booking flights or hotel stays.

Here’s how the process generally works:

• Eligibility: You must be an American Express cardholder to purchase points.
• Point Limits: Amex typically sets limits on how many points you can purchase per calendar year (Jan-Dec), with a cap of 10,000 points per account.However, point purchase is always at an account level, so if all the cards are linked to the same account, then only a cumulative 10,000 can be purchased.
• Costing: You can buy 1,000 MR for ₹400, and for 10,000 MR, it will cost ₹4,000 (no GST charged).The cost will be charged to your current statement.
• Payment Process: You can buy the points through your Amex chat support or by calling Amex customer service, and they will be added to your MR points balance immediately upon successful transaction. This makes it a simple and direct process to top off your account if you’re short on points for a redemption.
• When It Will Reflect: The points purchased generally reflect in about 2-3 working days.

Terms and Conditions for Buying Amex Points

• Points Plus Pay Option: Points purchased under Points Top-up and payments under 'Points+Pay' do not earn additional Membership Rewards Points.
• Milestone Benefit: The points purchased will not count towards any milestone benefits, including annual spend calculations and the ₹20,000 spend requirement for Amex MRCC.
• Purchase Limits: You can purchase points in multiples of 1,000 and you can buy Points equal to the Points already accumulated in your account or 10,000 Points (whichever is lower).
• Usage: Purchased points can be used for all redemption options, including transfers to loyalty partners, and do not expire.
• No Additional MR Points: You will not earn extra MR points on this purchase.

Why Should You Buy Amex Points for ₹0.4 per Point?

• Great Value for Travel Redemptions: If you’re looking to book a flight or hotel through Amex Travel or transfer points to airline or hotel partners, buying points at ₹0.4 per point is a steal. For instance, if you redeem your points for flights with a good redemption ratio, you could effectively pay far less for a round-trip ticket compared to buying the ticket outright with cash.
• Boost Your Points Balance Quickly: If you’ve been saving up for a particular reward but are a few points short, this is an easy way to fill the gap without waiting for additional spending.
• Flexible Redemption Options: The points you purchase can be used for a wide variety of rewards, including travel, dining, shopping, and statement credits, giving you flexibility in how you use them.

Is It Worth Spending ₹4,000?

The decision to purchase Amex points depends on how you plan to use them. If you frequently redeem points for travel, buying points at ₹0.4 each could be an excellent investment.

However, if you’re booking to redeem the purchase points for statement credit or gift voucher, it would not be a good option as it offers a lower or slightly above return rate of approximately ₹0.25 per point. It would be a good option if you want to transfer to any hotel or airline loyalty programmes.

Conclusion

Buying Amex Membership Rewards points at ₹0.4 per point is an exceptional opportunity to accelerate your rewards and redeem them for valuable benefits. Whether you're saving up for an upcoming trip or want to enhance your points balance for other rewards, this offer makes it easier to reach your goals quickly.

As with any rewards program, being strategic in how you purchase and use points is key. With the right approach, you can maximize your Amex points and make the most out of this limited-time opportunity.