American Express Membership Rewards is one of the go-to programs of choice for the savvy points collector, with the most airline and hotel points transfer partners of the major credit card points programs.
It is where I focus most of my efforts in collecting my points and is the first rewards program I advise anyone who wants to spend a little time understanding the value of flexible points programs to look at.
I have revisited this intro guide to Membership Rewards to make sure everyone knows the ins and outs of the program, its transfer partners, quirks and benefits, especially given solid sign-up offers on a number of American Express cards
Membership Rewards guide contents and quick links
Why choose Membership Rewards?
Here are a few quick reasons:
- A range of cards with different category-based earn rates, such as bonus points on travel or at supermarkets
- Frequent offers for statement credits or bonus points for spend at certain retailers
- No points expiry as long as your Membership Rewards account with American Express is active
- Frequent promotions and bonus partners to earn and use points more effectively
- And, what I like most, the ability to accrue points in a way that allows you to look at the right program’s redemption opportunities for your future travel needs—you can defer the decision as to which program in which to keep your points until you want to use them
KrisFlyer miles can be used for travel in Singapore Airlines Suites Class
Membership Rewards transfer partners and using points
There is a wide variety of direct transfer partners from Membership Rewards, including Velocity Frequent Flyer, KrisFlyer, Asia Miles and Etihad Guest.
For most partners, you’ll get 1 frequent flyer point/mile per 2 Membership Rewards points. Check out the transfer rates for all partners here.
Don’t forget you can transfer Marriott Bonvoy points onwards to a range of other international frequent flyer programs. This increases the versatility of the Membership Rewards scheme.
The Membership Rewards card range
There is a broad range of cards that Amex offer which earn into Membership Rewards and I’ll cover the most common of them below.
American Express Explorer
The Amex Explorer card was launched in mid-2016 and offers a $400 annual travel credit with Amex Travel, two lounge visits to the Amex Lounge in Sydney or Melbourne, and is attached to the Membership Rewards Gateway program.
[cardpromoamexexplorer]Read the full Point Hacks guide to American Express Explorer here[/cardpromoamexexplorer]
It has a high points earn rate from ongoing spend of 2 Membership Rewards Gateway points per dollar spent excluding spend at government bodies, which equates to 1 frequent flyer points when transferred to most frequent flyer programs.
The American Express Platinum Edge
The entry-level Platinum card—the Platinum Edge—is of great value, and is a pretty good offering to earn maximum points for most people. It was added to the Platinum line-up in 2010 and I have used it on and off for my main card ever since.
You will receive a $200 travel credit each year which you can use on any eligible bookings—easily outweighing the value of the annual fee, even in renewal years after any initial sign-up bonus.
[cardpromoplatedge]Read the full Point Hacks guide to the Platinum Edge here[/cardpromoplatedge]
Along with the $200 travel credit, you also receive free domestic and international travel insurance, and a few other Amex program perks which may/may not be worth your while depending on what you are interested in.
The Platinum Edge offers bumped-up earn rates at ‘major supermarkets’ and petrol stations.
The beauty of the bonus points earned at supermarkets is that they also sell gift vouchers for many other retailers, meaning the Edge can then open up triple points at places like Freedom, Bunnings and more mainstream merchants in Australia.
The full list of supermarkets, fuel stations and other points earn opportunities that come from them are detailed in this guide.
The Platinum Edge is a great points-earner for many people, and excellent for the everyday card user. Given American Express is universally accepted at supermarkets and petrol stations, it makes sense to utilise the bonus earn rates on offer by having it in your wallet.
The American Express Platinum Charge
The Platinum Charge card offers a high-cost, high-return strategy in the world of accruing points. The large sign-up bonus, travel credit and free flight from the free additional Platinum Reserve card will pretty much cover the value of the annual fee.
The Charge is for those who want a large Membership Rewards sign-up bonus, big spenders and/or who are after the extensive list of ancillary benefits.
There is a heap of other benefits too, and I am sure most people are likely to use at least some of them but many, understandably, would not take on such a high annual fee.
[cardpromoplatcharge]Read the full Point Hacks guide to the Platinum Charge here[/cardpromoplatcharge]
David Jones cards
Finally, we have the David Jones American Express cards. These provide perks at David Jones and bonus points in specific spend categories, like supermarkets, fuel and at David Jones.
[cardpromoDJsplat]Read the guide to the benefits of the David Jones American Express cards[/cardpromoDJsplat]
Membership Rewards vs Qantas Frequent Flyer or Velocity direct earn cards
I have summed up my thoughts on why using a flexible points program like Membership Rewards program offers great value in this guide.
Keeping your options open and Membership Rewards cards in mind when factoring in your spending habits and desired use of your points in the long run is relevant to those with more flexible rewards in mind than just Qantas (and redemptions with their partners). If you are likely to go for a premium hotel, rather than airline experience, for example, then a Membership Rewards card is a great place to start.
You can also use Membership Rewards points for transfer to Velocity, which often runs transfer bonuses, increasing the value of your points accordingly.
Rather than using Qantas Points for travel on oneworld airlines, you will usually get better value from redeeming through Asia Miles.
Transfer your Membership Rewards points to Asia Miles and you are on your way to your next Cathay Pacific Business Class redemption
On the other hand, you can also use your Membership Rewards Points to redeem Asia Miles and book Qantas flights.
Ultimately, it is all about your own particular travel and spending habits. If you mix and match airlines and fares to suit your needs, or do not fly much at all, then a more flexible card reward scheme may do the trick for you as you can transfer points over to a program with a redemption opportunity as you see fit.
Other important considerations
Bonus points eligibility
If you currently hold or have held almost any American Express card in the past 18 months, then you are not eligible for the sign-up bonus on another American Express card. But there are some exceptions, and we explore them in the guide below.
Acceptance of American Express by retailers
American Express in Australia (much like the US and UK) is not accepted by all merchants, and others charge an additional fee for payment with an American Express card. As such, any savvy points earner would have both an American Express card plus a Mastercard or Visa on-hand for times when Amex is not accepted/preferred.
The value of keeping a dedicated American Express card linked to Membership Rewards comes from the ability to earn a decent amount of flexible points on spend, additional ancillary card benefits, sign-up bonuses, and points transfer flexibility.
Amex Offers
All Amex-issued cards, regardless of rewards program, come with ‘Amex Offers‘ which are immediate statement credits for hitting a spend target with a specific retailer.
I have, for example, been targeted with offers such as a $30 credit for $150 spent at Myer, or $50 for $350 spent with Qantas.
These offers are saved to your card account online or in the American Express app, and are worth keeping an eye on in case they hit the mark for any retailers you happen to be shopping with.
Transferring Membership Rewards points to another cardholder
American Express also allow transfers, once per year, to another Australian Membership Rewards cardholder. This process is set off by following the instructions in this PDF form. There is no fee to transfer Membership Rewards Ascent (the most common type) to another Ascent account but going to/from some other accounts will incur a $5 per 1000 points charge.
The American Express referral program
You may find that the best signup bonuses are not public—American Express regularly tweak their sign-up bonuses for Membership Rewards cards, and sometimes the best bonuses to be had are if you let another cardholder refer you. It is kind of like a reward for you for Amex not having to pay a partner for marketing.
Further reading: more related Membership Rewards guides and tips
- The American Express Explorer guide →
- The American Express Platinum Edge guide →
- The American Express Platinum Charge guide →
- The American Express Business Platinum Charge guide →
- The ins and outs of American Express travel credits →
- Smartphone screen insurance included with eligible American Express cards →
- Earning or using your Membership Rewards points with Amex Travel →
Summing up: is American Express Membership Rewards for you?
Stowing your points away in Membership Rewards gives redemption flexibility, allowing you to transfer to programs at a later date once you have a firm plan for your points and not before.
It can be helpful to place a value on flexibility when playing the points game, and given that Membership Rewards partners with Velocity, KrisFlyer and Asia Miles, amongst others, this covers all the major alliances and domestic/Trans-Tasman options that you might want outside of Qantas.
Personally, the Platinum Edge has a permanent place in my wallet for fuel and supermarket purchases, retain that ongoing flexibility for future redemptions. The Platinum Charge and Reserve cards are good for higher spenders and those looking for a number of ongoing benefits with their cards, and the Explorer is a great offering for simple, solid points earn.
All up, Membership Rewards is a great credit card rewards program and deserves serious consideration.
Related articles
[amex-bonus-points-eligibility]Read our guide to American Express sign-up bonus eligibility[/amex-bonus-points-eligibility]
[amexrefer]Existing cardholder? Generate your own referral link here[/amexrefer]
[amex-acceptance]Read our guide to the acceptance of American Express cards[/amex-acceptance]
[velocity-amex-transfer-bonus]Read our guide to bonus Velocity Points offers with American Express[/velocity-amex-transfer-bonus]
Hell after I finish my research I might write one for you guys. Great work BTW. Awesome site 🙂
Thank you for both the positive and negative commentary and no need to apologise for your reply. We welcome all constructive feedback.
Please note that information such as the redemption ratios, American Express partners and the construction of the American Express Rewards system are included in separate guides that are linked in this guide. The reason we do this is so one article doesn’t become overly long, and people can click on the linked articles if they are requiring further information on that particular topic. Please make sure to take the time to read the linked guides as well if you have the time. Thanks.
Great article, I was hoping you could offer some advice. I have quite a lot of American Express points due to purchases linked via my business. I recently redeemed 600,000 into Asia miles which allowed me to book some business class fairs from Sydney – Hong Kong – Toronto, which I found excellent value. I am now trying to get out of Toronto to Honolulu and back to Sydney but am struggling with where to transfer points for the best Value. I signed up with Hawaiian Airlines and can see they have direct flights out of New York for 80,000 business class, but the question is what is the best way to get points into Hawaiian. Australian Amex isn’t linked to Hawaiian as a transfer partner like the US so the only option I can see is : AMEX into SPG out to Hawaiian but I end up taking a hefty discount as only get 500 SPG points for every 1000 AMEX points. Do you have any other clever alternatives. I would try Virgin as I have plenty of points in there too but its seems almost impossible to get Business Class with them currently on all routes for awards flights. Please help ! Cheers
Other alternatives could be:
Hope that gets the juices going!
Would be be unwise to first sign up to American Express Explorer for the bonus points and then later sign up to the Platinum Edge to use as my main spending card? Can you be part of both the Gateway and Ascent programmes? Can I use points from both cards to contribute towards the same flight?
You can earn points in both programs and link both programs to multiple frequent flyer accounts. You may be able to combine points earned from either card into one program but that’s been hit and miss for many people so don’t rely on it.
I’ve just realised (too late) that you can only transfer points in 50,000 maximum increments per calendar year. Is there a way to transfer your amex points directly to singapore kris in another name? (Ie my partners account to my account?)
Thanks
If you are interested in Krisflyer, then you can transfer the points into your own account and on the Krisflyer online portal nominate your partner as a redemption nominee in the profile section. This enables sharing points across Krisflyer accounts. Perhaps this would be a solution that works, as you can redeem award tickets or upgrades for multiple persons from that one account. Worked a treat for me.
Do you know whether buying the Woolworths eGift card online through The Entertainment Book would count as a supermarket purchase?
Thanks!
I’ve been doing this for the last 3-4months since I got the P.E card.
If you know you are going to use those Velocity points on another trip, then keep them in Velocity and move over to KF when you are ready to redeem, no worrying about bonuses.
If you have no other plans for those points and I had transferred them over during a bonus period knowing I might move them to KF later, that feels like a different decision than if you earned them in other ways. I’d be happier moving them out of Velocity and into KF in that case.
Either way, I value Membership Rewards more highly than Velocity points for obvious reasons, so you are definitely right to question which you should redeem first. I’d probably err toward using Velocity points first if you don’t have other uses in mind, but it’s a bit 50:50 given the transfer tax between VFF and KF.
Great article, have bookmarked it for future reference. I have a question of s different nature and hope your knowledge extends to this area. If a purchase is made using Amex and points accrued and then for whatever reason returned to the store, what happens to the points? Do they still stand or are they removed when the purchase amount is credited back to the account?
Thanks in advance.
cheers
Great article, thanks. I’ve got a couple of questions:
1. Why do you keep saying how good Starwood points are when they only transfer out at 1:0.5? If I earn MR points, why transfer them to Starwood and then transfer them onto a frequent flyer program if I’m only getting half the points? Is it purely the range of frequent flyer programs that starwood has? Wouldn’t it be better off just keeping the MR points where they are and booking flights through the FF programs that MR supports to get the 1:1 ratio?
2. I have an Amex Platinum Charge Card, if I sign up for a Platinum Edge (so I can leverage the 1:3 earn ratio at supermarkets) will all the points accumulate in the same account or because the MR levels are different do they accrue separately and I need different logins to access the points? Presumably the free Edge companion card is no longer available with the charge card and I have to pay the signup fee?
Thanks again Keith!
Amex MR > SPG > onward is good for international frequent flyer programs we don’t have access to with our credit cards in Australia – United, American Airlines, Alaska etc come to mind. American were a particularly competitive option in this case but with their upcoming devaluation, the focus on using MR > SPG > AA transfers will reduce.
Yes, in the cases of say Velocity, Asia Miles and KrisFlyer, definitely don’t go via SPG.
To my knowledge, they are earned separately in most cases. I know of one person who convinced Amex to merge their balances behind the scenes for technical reasons after Amex screwed up, but that’s it. And yes, Edge is not an official companion card to the Charge.
how do i get the 100000 points as the offer is for new applicants?
i feel it is mean for amex to not offer this to ex aex holders.
any way around this?
thx
On the second, I would explore the international account transfer option (that’s what I did) to get an Amex over here. No signup bonus but straight into a card without a credit history. https://www.pointhacks.com.au/american-express-membership-rewards-international-points-account-transfers/
I tried to buy 50000 membership award points from Amex at $25 per 1000 and they refused stating that this facilty had been withdrawn?
BH
I need to top up my account (buy points) as I am slightly short on the number I need. Do you know if this is still possible? BH says he/ she didn’t have any luck.
Thanks
Rado
In New zealand transfer rate between Membership Rewards and Amex Airline Partner is 1MR = 0.5points ( in australia its 1MR = 1 point) is there any clever way to make the most of Members rewards for us who live in New Zealand? Can i move my NZ members rewards point to Australian Members rewards account before i convert them to airline miles?
Thanks
TJ.
I found the table of comparative points quite useful, and the main reason I have signed up for a platinum edge card (hope you get the referral points soon)..
It would be useful to note that altitude points are earned at a rate of 2:1 (or 3:1 on the black – premium card) so they would actually be more rewarding than the amex rewards cards for everyday spend.
If the table reflected points per dollar spent, the altitute and MR would be neck and neck for their share rewards (Excl NZ), and altitude black would come out in front. Of course it gets even more complicated when you factor in the Platinum Edge higher rates for supermarkets and petrol, however this may be offset somewhat by lower rates for bill payments (where Altitude remains constant).
$1,000 spend on Amex MR card = 1,000 MR points = 1,000 FF points.
$1,000 spend on Alt. Black Amex = 3,000 Alt points = 1,500 FF points.
Where the Amex MR scheme nets more points is supermarket/fuel purchases (on platinum edge) or if you want to use NZ. I know it sounds like i’m trying to push an agenda here, but I’m just trying to get my head around this!
And thank you for the link the calculator, that is a fantastic tool!
But… That’s just me, and you’re right, Altitude has a shot at coming out ahead for others.
What is your choice for a back-up card for when Amex is not accepted?
If I may get some advice it would be great. I have a scattering of flyer points across a few airlines primerally Eithad then Qantas and Malaysian Airlines curtesy of living in Oz and being from Europe.(none of the flyer balanves are big enough to get me home on their own but with a few bonus offers and pooled together they might)
Now some of these points are set to expire, can I save all my points expiry free in the MR scheme??? If I can save them expiry free I would really consider AE Platinum Edge.
I did see elsewhere on this site that Eithad now have a MR scheme but there is no mention of it on this page, I presume this is just an oversight. Also they had a 20000 bonus points transfer offer before march 31st and I have missed this. I know you cant answerr this question but what do you think are my chances of getting this bonus offer from Eithad if I decide to Join AE MR??
Many thanks for your great article.
MR points do not expire as long as you have an active account with them. You can also transfer points into your schemes which might count as activity to keep them active.
I created this page a while back, and yep, Etihad are new to MR this month. In terms of another bonus? Hard to say as they are so new, but I’d imagine they’ll at hold off for at least 3 or 4 months.