Author Topic: Get 35% bonus when transfering Amex Membership Rewards to British Airways (Read 9239 times)

until now they were buying mr for 1.5- now they are getting a better bank for their buck 35k more miles! (100k)
are 'they' offering more to the seller? or just keeping the profits?

tuvz · « **Reply #27 on:** April 22, 2013, 10:45:23 PM »

I quote Dan from the main site:

April 22nd, 2013 at 11:35 am
@Joseph:
The value of AMEX MR points will have gone up today due to this bonus and you are probably better off selling them as AMEX points.

Centurion · « **Reply #28 on:** April 22, 2013, 11:00:09 PM »

and the new value is??

smart brit · « **Reply #29 on:** April 22, 2013, 11:06:31 PM »

Quote from: Dan on April 22, 2013, 10:26:27 PM

No its to get a cold hard cash infusion from amex

In the uk they rarely have any of these offers?

Dan · « **Reply #30 on:** April 22, 2013, 11:18:48 PM »

Quote from: smart brit on April 22, 2013, 11:06:31 PM

In the uk they rarely have any of these offers?

Because UK folks will transfer it there without needing incentive.
Same reason DL no longer gives any bonuses after CO left AMEX MR, they're the 800 pound gorilla.

MEIR613 · « **Reply #31 on:** April 22, 2013, 11:23:46 PM »

Quote from: Dan on April 22, 2013, 11:18:48 PM

Because UK folks will transfer it there without needing incentive.
Same reason DL no longer gives any bonuses after CO left AMEX MR, they're the 800 pound gorilla.

Do people really transfer MR to DL??

(I know they do, but it's so not worth it)

Dan · « **Reply #32 on:** April 22, 2013, 11:25:05 PM »

Quote from: MEIR613 on April 22, 2013, 11:23:46 PM

Do people really transfer MR to DL??

(I know they do, but it's so not worth it)

Most people are not DDF'ers/FT'ers.
They're looking for a nice big US airline. What would they know about transferring to BA?

MEIR613 · « **Reply #33 on:** April 23, 2013, 12:26:35 AM »

Quote from: Dan on April 22, 2013, 11:25:05 PM

Most people are not DDF'ers/FT'ers.
They're looking for a nice big US airline. What would they know about transferring to BA?

I would think they use the pay with points option or maybe GC or Amex $$

OT: My sisters boss gives her bonuses for extra time, weekend, etc. and pays her with those certificates .5PP Crazy stuff

aryeh1 · « **Reply #34 on:** April 23, 2013, 10:30:33 AM »

Got a call from amex acct protection asking if I transferred my points to ba. Did this ever happen to anyone?

wierdal832 · « **Reply #35 on:** April 23, 2013, 10:32:56 AM »

Quote from: aryeh1 on April 23, 2013, 10:30:33 AM

Got a call from amex acct protection asking if I transferred my points to ba. Did this ever happen to anyone?

yes its normal

aryeh1 · « **Reply #36 on:** April 23, 2013, 10:54:56 AM »

Quote from: wierdal832 on April 23, 2013, 10:32:56 AM

yes its normal

Does this happen often?

wierdal832 · « **Reply #37 on:** April 23, 2013, 11:04:15 AM »

Quote from: aryeh1 on April 23, 2013, 10:54:56 AM

Does this happen often?

yea, nothjing to b worried abt

Matovu · « **Reply #38 on:** April 23, 2013, 11:52:17 AM »

Quote from: Centurion on April 22, 2013, 10:31:08 PM

until now they were buying mr for 1.5- now they are getting a better bank for their buck 35k more miles! (100k)
are 'they' offering more to the seller? or just keeping the profits?

I called a bunch of Brokers yesterday, nobody is budging higher then 1.5
reason : Supply and Demand. ever since January when every second person got the Platnium 100K offer and the business 75K offer for himself and his wife, there are so many MR in the Market so to speak, that Travel agents are not banging down the doors to get them. every shmow blow is calling them to sell sell and sell.

But i did make one boo boo yesterday. i sold MR points at the 1.5 and later i realized that i should've transferred to BA and sold BA points at 1.2 which in the end would have made me a few hundred dollars wealthier.

but some say selling MR points directly rather then transferring is less riskier... whatever..

please comment on the above.

Centurion · « **Reply #39 on:** April 23, 2013, 11:56:00 AM »

Quote from: Matovu on April 23, 2013, 11:52:17 AM

I called a bunch of Brokers yesterday, nobody is budging higher then 1.5
reason : Supply and Demand. ever since January when every second person got the Platnium 100K offer and the business 75K offer for himself and his wife, there are so many MR in the Market so to speak, that Travel agents are not banging down the doors to get them. every shmow blow is calling them to sell sell and sell.

But i did make one boo boo yesterday. i sold MR points at the 1.5 and later i realized that i should've transferred to BA and sold BA points at 1.2 which in the end would have made me a few hundred dollars wealthier.

but some say selling MR points directly rather then transferring is less riskier... whatever..

please comment on the above.

im doing the math wrong? it seems 1.5 mr is worth more than 1.2 ba