American Express has had a slew of new offers out today, including 2x Membership Rewards points at a number of retailers through December 31st and a targeted $100 back on $300 or more at MR PORTER (we pointed out that a good use of this one would be for a GoPro). A third offer that is widely available is a $100 statement credit on $600 or more in prepaid hotel bookings at Amex Travel.
- Spend $600 or more, get a $100 statement credit
- Valid only on prepaid hotel bookings at amextravel.com
- Must book by 5/31/17
- Excludes Fine Hotels & Resorts
- Excludes any type of booking other than a prepaid hotel
This could be a decent deal if you are making a booking and do not care about elite benefits or credits as most hotels will not typically honor benefits or give credit for prepaid 3rd party bookings. In the right situation, this could be a good chance to save a hundred bucks. Keep in mind that prepaid does not necessarily mean nonrefundable. Edit: For clarity, I am not suggesting that you book to get the credit and then cancel later. I assume Amex would claw back the $100 statement credit. I’m merely emphasizing that this deal doesn’t lock you into dates that you can’t change/cancel. You can choose hotels with a flexible cancellation. You’re only giving up elite benefits/status/things like free wi-fi which may only be free for members who book direct.
For an example, see this hotel stay I looked up for Tuesday, November 7th, 2017:
Lest anyone think that hotel is not prepaid, here is the payment page:
So this hotel would both earn you 5X Membership Rewards points (3,050 points) and trigger the $100 back on $600. In the end, you’d earn about $61 worth of points toward airfare if you’re a Business Platinum holder (or $66.19 if our predictions are correct) on top of the $100 back on $600. That’s not a bad deal. $600 for a room in NY on a Tuesday in November, on the other hand, isn’t anything to write home about — it was just an example for illustration :-).