The Ultimate Guide to Amex Points (Start Here!)

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  • Опубліковано 27 вер 2024
  • What are the BEST ways to redeem American Express Membership Rewards points in 2024 for max value? Across so many methods with varying levels of value, choosing the wrong redemptions could cost you thousands. In this video, we break down every single method you can redeem Amex points, including one most people are unaware of, as well as REAL examples of doing so!
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КОМЕНТАРІ • 24

  • @KevinYang
    @KevinYang  4 місяці тому +3

    How do you feel about American Express points? What's your favorite or best redemption so far? 👇

    • @YumDex
      @YumDex 4 місяці тому

      I barely travel, just once or twice a year. I do feel I get my moneys worth 100% so I use majority of the points as cash with the Charles Schwab version. The 1.1 CPP is sweet, if you also carry the gold card, since both pool points together.

    • @KevinYang
      @KevinYang  4 місяці тому

      @@YumDex Yeah the 1.1 cpp is a great escape hatch to still get good value from MR points. Did you always have the Schwab, or did you switch over?

    • @YumDex
      @YumDex 4 місяці тому +1

      @@KevinYang always had the Schwab, I knew from the start I would get a better “ROI” if I started with the Schwab despite the lower bonus. I don’t want to bother a year with the vanilla then switch to Schwab. I rather not run any risk whatsoever. Schwab for the win.

    • @KevinYang
      @KevinYang  4 місяці тому

      @@YumDex Makes sense, and with the somewhat recent changes to lump all the Plat cards into one "family", makes even more sense

    • @asdf5341
      @asdf5341 4 місяці тому

      I find Amex points to be super hard to use. One of my least valued points of all the reward cards. The transfers ratios are similar to other premium travel cards, and it is easier to earn points on those other cards (like 3% on restaurants with Chase Sapphire Reserve, or 2% base on the Venture X).

  • @water851
    @water851 4 місяці тому +8

    610,000 points, you been churning Kevin!

    • @KevinYang
      @KevinYang  4 місяці тому +1

      Haha tbh, I've never cancelled a single Amex card!

  • @kongaloid
    @kongaloid 4 місяці тому +4

    Perfect video for me. I plan on swapping from Chase Trifecta to Amex (gold, plat/green, BBP) next year

    • @KevinYang
      @KevinYang  4 місяці тому +1

      By swapping do you mean cancelling, or just keeping them open but focusing on Amex?

  • @jmalvarado1982
    @jmalvarado1982 4 місяці тому +3

    Thanks so much for this. Just got an Amex Platinum month ago and chipping away to earn that welcome bonus. This is very helpful information to use when I’m able to earn that bonus.

    • @KevinYang
      @KevinYang  4 місяці тому +1

      Glad it was useful! Which method do you think you'll be doing?

    • @jmalvarado1982
      @jmalvarado1982 4 місяці тому +1

      @@KevinYang for sure utilizing the transfer to travel partners.

    • @KevinYang
      @KevinYang  4 місяці тому

      @@jmalvarado1982 Nice! Any program or specific flight or airline you're eyeing?

  • @paulfairchild8942
    @paulfairchild8942 4 місяці тому +3

    Great guide. Thanks Kevin!

    • @KevinYang
      @KevinYang  4 місяці тому

      Glad you enjoyed it Paul!

  • @lathushankathirgamanathan2854
    @lathushankathirgamanathan2854 3 місяці тому +2

    A very informative video keep it up Kevin

    • @KevinYang
      @KevinYang  3 місяці тому

      Thanks for watching!

  • @BoywithLoveeee
    @BoywithLoveeee 4 місяці тому +2

    I always remind myself, I don’t have to always get the best redemption value/cpp as long as it fits to my situation. Yes, it is nice to get over 2 cpp but I think depending on your situation for instance you wanna save cash instead of points for your travel then it is no brainer to book your travel with points even if it is lower than the normal 2 cpp.

    • @KevinYang
      @KevinYang  4 місяці тому

      Couldn't agree more! I would say at least personally, there is a minimum bar I'd prefer to redeem for (and fortunately has always been above that), but the balance between effort vs. value is a key factor to keep in mind!

  • @i0r-r-tjtkttl
    @i0r-r-tjtkttl 4 місяці тому +3

    where is your chase video! American express, when chase is out with a huge offer?

    • @KevinYang
      @KevinYang  4 місяці тому

      Yes! Chase has some amazing offers right now, unfortunately not available to make a video on it right now though

  • @carlose4241
    @carlose4241 4 місяці тому

    It's 24 hundred, not 24 thousand. Huge difference