Thanks to Rewards Canada contributor Jeff W. for alerting us this morning to this amazing new Amex Offers offer that came out for the Marriott Bonvoy™ American Express® Card:
For the next 3 months cardmembers who are targeted for this offer (and it looks like a good portion of them are!) can earn 3 bonus Marriott Bonvoy points per dollar spent on groceries up to 4,500 points ($1,500 in spending). Adding the bonus to the base earn rate equates to a total of 5 Marriott Bonvoy points per dollar spent on groceries. Since we value Marriott Bonvoy points at 1 cent each at a minimum this puts you at a 5% return for these purchases
However, if you recall from our review of this card we had an example where redeeming for a luxury hotel worked out to 3.4 cents per points in value so if you multiply that by the earn rates above you can achieve a 17% return!
Recommended reading: Marriott Bonvoy™ American Express® Card Review
If you don't have this card right now is a good time to apply for it as it has one of the best ever welcome offers on it of 60,000 welcome points (when you spend $3,000 in the first three months) and a $120 statement credit if you spend $10,000 in the first twelve months effectively making this card free in the first year. There are no guarantees that new cardmembers will be able to get in on this additional Amex Offer but you never know! Even if you don't get the offer at least you'll have the card in hand for the next time an offer like this comes out.
Recommended reading: Awesome new Amex Offer for Marriott Bonvoy cards - 5,000 bonus points for every $2,000 spend (25,000 bonus points max)
So go check your Amex account online or on the app and see if you received this offer and register for it right away!
To learn more about Amex Offers read our Guide to American Express Canada 'Amex Offers'
No comments:
Post a Comment