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$270 in free Delta airfare or $150 gift card – American Express : Premier Rewards Gold Card; Exp. – 3/31/11

By , February 21, 2011
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Link to the 15,000-point promo



Note:

If you spend $1000 within 3 months, you get 15000 points. You should be able to transfer 15,000 Points to 27,000 Miles if you sign-up for stackable 30% promo and 50% promo. A copy of FW post shows how this can be done with points from AmEx Platinum card. The same strategy should work for any AmEx card with membership points. You can exchange 27,000 bonus miles for $270 in Delta airfare (see more info here ).

Alternatively, 15000 points can be exchanged for $150 in gift cards (e.g. for Dell, see here.) .

If you spend $1,000 within 3 months and $30,000 within the first year, you will get 15,000 bonus points + 15,000 bonus points + 30,000 in regular points = 60,000 points that can be exchanged for $600 in gift cards. Your rewards will be bigger if you pay for airfare (3 points per $1), gas and groceries (2 points per $1) with this card. If you manage do that before 3/31/11, you should be able to exchange 60,000 points to 108000 miles, which should be redeemable for $1080 in Delta airfare.


Terms:

Note: If you spend $1000 within 3 months, you get 15000 points that can be exchanged for $150 in gift cards (e.g. for Dell, see here.) .


If you spend $1,000 within 3 months and $30,000 within the first year, you will get 15,000 bonus points + 15,000 bonus points + 30,000 in regular points = 60,000 points that can be exchanged for $600 in gift cards. Your rewards will be bigger if you pay for airfare (3 points per $1), gas and groceries (2 points per $1) with this card.


Terms:
[i]
Offer not available to existing consumer American Express Charge Cardmembers. The annual fee for the Premier Rewards Gold Card is $175. To be eligible to earn bonus points, you must charge $1,000 of eligible purchases in your first three months of Card membership on an American Express® Premier Rewards Gold Card.15,000 bonus points will be credited to your Membership Rewards account 6-8 weeks after you meet the spend requirement. Limit one offer per Card Account. Bonus ID: 3643. Bonus points may be redeemed for up to $150 in gift cards upon point credit at participating retail, dining, and entertainment partners. Terms and Conditions of the Membership Rewards program apply. Visit membershiprewards.com/terms or call 1-800-AXPEARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice. Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.




Copy of FW post:

QUOTE

Over on the Flyertalk forumsthere is some buzz about two stackable promotions that can turn 50,000 American Express Membership Rewards points into 90,000 Delta SkyMiles and instant Silver elite status (25,000 elite qualifying miles). This is another nice promo for those that fly on Delta, making flying much more enjoyable. Here’s how it works:

First, there is this 30% bonus offer on transfers from AMEX points to Delta miles through 3/31/11. Then, there is a separate 50% bonus offer on first-time transfers from AMEX points to Delta miles through 5/31/11. In addition, if you 50,000 points or more, you’ll also receive 25,000 Medallion Qualification Miles (MQMs). This is enough to reach Silver Medallion status and get benefits like waived baggage fees, priority check-in, priority boarding, the ability to select exit row seats in economy class, and free upgrades to first class (based on availability). You’ll have elite status for both the rest of 2010 and all of 2011.

Many people have confirmed that these are stackable, meaning you can get both at the same time.

This coincides with the current promotion for the American Express Platinum Card which is offering 50,000 bonus Membership Rewards points for spending $1,000 within 3 months. Thus, if you transfer 50,000 points using the offers above, you’d end up with another 80% extra = 90,000 Delta Skymiles and Silver elite status. If you value miles at a penny per mile, 90,000 miles is worth $900.

The AMEX Platinum does have a hefty $450 annual fee. Essentially in exchange for $450 you’ll be getting 90,000 miles, elite status, first class lounge access, and also other perks like $200 annually to spend on airline incidentals like baggage fees, ticket fees, and inflight food and beverage. The first class lounge access is valid for you and two companions at American Airlines Admirals Club, Continental Presidents Club, Delta Sky Club, and US Airways Clubs. More details on the perks here.

Another tip is that with a Platinum card, you can get the 50,000 points upfront from the Membership Rewards website, getting the 90,000 miles earlier and without having to worry about promotion deadlines.


source: fatwallet.com/forums/hot-deals/1070850/?fwcs=ta243517

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