American Express is offering a discount when you redeem your Membership Rewards points for third party gift cards. The offer could be targeted and it could vary from one account to the other.
Offer
- Gap (20% off):
- $10 – 800 points
- $25 – 2,000 points
- $50 – 4,000 points
- $100 – 8,000 points
- Home Depot (20% off):
- $25 – 2,000 points
- $35 – 2,800 points
- $50 – 4,000 points
- $100 – 8,000 points
- $500 – 40,000 points
- $1000 – 80,000 points
- iTunes (20% off):
- $10 – 941 points (was 1176 points)
- $25 – 2,353 points (was 2941 points)
- $50 – 4,706 points (was 5882 points)
You can see the options here.
Offer Terms
- Offer must be redeemed between 6/3/19 and 7/31/19.
- Offers are not transferable and may not be combined with other offers.
Guru’s Wrap-Up
These gift cards are not really worth it for most people, even at a 20% discount. You can usually get best value for Membership Rewards points by transferring them to travel partners. Check your accounts and let me know if you see any other offers.
