Author Topic: Cashing out Amex points  (Read 3760 times)

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 68932
  • Total likes: 17317
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Cashing out Amex points
« Reply #20 on: July 05, 2021, 02:27:57 PM »
Its till limited.. and having the cash out option is devaluing MR

Chat will change the airline as often as you want.

But yes, this is a deval if you count on this to cash out.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline rollingstone

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2016
  • Posts: 277
  • Total likes: 17
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Cashing out Amex points
« Reply #21 on: July 05, 2021, 02:27:59 PM »
Black market rates are pretty low these days...
You can get 1.25 for larger accounts

Offline Joel

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: May 2018
  • Posts: 5134
  • Total likes: 1087
  • DansDeals.com Hat Tips 76
    • View Profile
  • Programs: Hyatt Globalist, Hilton Diamond, Marriott Gold, IHG Platinum, National EE, Hertz PC, Enterprise Platinum, Avis PC
Re: Cashing out Amex points
« Reply #22 on: July 05, 2021, 02:30:16 PM »
Chat will change the airline as often as you want.

But yes, this is a deval if you count on this to cash out.
Not if you already used some of the airline credit that year. (I had to fight once with a rep to switch its getting harder to change..)

Correct. loosing another easy option is not great

Offline elimmm

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Apr 2015
  • Posts: 732
  • Total likes: 76
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Cashing out Amex points
« Reply #23 on: July 22, 2021, 02:10:07 AM »
When redeeming for airfare your points are worth at least 1.54 cents each, or more for insider fares.

How come I only got 1 cent each when booking flight on amex travel portal with Platinum card's points?

Also, they have a terrible rate for hotel bookings. Why is this so?

Offline simplicity

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2019
  • Posts: 1026
  • Total likes: 103
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Location: Lakewood
  • Programs: Hyatt Globalist, Marriott Titanium
Re: Cashing out Amex points
« Reply #24 on: July 22, 2021, 02:26:24 AM »
How come I only got 1 cent each when booking flight on amex travel portal with Platinum card's points?

Also, they have a terrible rate for hotel bookings. Why is this so?
I just had this today, was on the phone for 45 min, it’s simple if it’s a economy ticket it has to be your designated airline from your $200 credit, anyways comes in rebate style after….