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Amex Offers: Enjoy 20% off when you use points for select eGift cards and top-brand merchandise (Walmart, Target, Gap, Old Navy) online until 9/28/17

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Amex Offers American Express [americanexpress.com] via Amex Offers is offering select American Express Cardholders: Enjoy 20% off when you use points for select eGift cards and top-brand merchandise (Walmart, Target, Gap, Old Navy). Offer valid through September 28, 2017. Thanks echoSlick

Note, offer availability will vary by cardholder. Be sure to login to your American Express account to see if you're eligible/qualified to activate the offer on your card. Please refer to the forum thread for internal discussion.

Save 20% on rewards
Enjoy 20% off when you use points for select eGift cards and top-brand merchandise.(Walmart, Target, Gap, Old Navy) Terms apply.*

*TERMS & CONDITIONS
If you use points for products or gift cards through membershiprewards.com, you accept these Conditions of Use. Please read them carefully.
Offers valid for solicited U.S. Membership Rewards® program enrollees only. All offers must be redeemed online until 9/28/17 unless otherwise stated on the reward redemption web pages. Offers are not transferable and may not be combined with other offers. American Express in its sole discretion reserves the right to modify and/or terminate any offer, at any time, for any reason.
To be eligible to receive these offers, all Card accounts linked to an enrollee's Membership Rewards program account must not be in default at the time of point redemption. Card Members enrolled in the Membership Rewards® program with any account that is not in good standing are not eligible to redeem points. Individual terms, conditions and restrictions apply to the respective Membership Rewards offers.
SHOP WITH MEMBERSHIP REWARDS POINTS
When using points for products through membershiprewards.com you are purchasing directly from a merchant, not from American Express. Participating merchants determine (i) product prices and availability, (ii) offers, promotions and applicable restrictions, (iii) estimated shipping and (iv) estimated tax, all of which are subject to change at any time without notice and are only confirmed in the order confirmation email sent by the merchant. Select products may be available at greater discounts. This promotion does not apply to Tag Heuer products.
USE OF MEMBERSHIP REWARDS POINTS FOR MERCHANDISE
For accounts that qualify, Membership Rewards points will be deducted for the purchase amount displayed at checkout; such amount includes estimated tax and estimated shipping/handling charges. A debit for the purchase, including actual tax and actual shipping/handling charges, will be issued by the participating merchant and a credit for the purchase amount displayed at checkout, will be issued to the Card account selected during checkout. Please note: The debit and the credit may not appear on the same statement. If a charge for a purchase is included in a Pay Over Time feature balance on your Card account (for example, the Extended Payment Option), the statement credit associated with that charge may not be applied to that Pay Over Time feature balance. Instead, the statement credit may be applied to your Pay In Full balance. If you believe this has occurred, please contact us by calling the number on the back of your Card. Permitted returns of merchandise may result in a credit on your Card account. You can convert this credit back into points by calling 1-800-AXP-EARN (297-3276).
REJECTED ORDERS
If we are unable to place your order with the participating merchant you have selected, your order will be cancelled. If this occurs, you will receive an e-mail notifying you of the order cancellation. If you have an active Membership Rewards® program account, the points associated with the cancelled order will be returned to your program account. As a result, the Card account you selected at checkout will have both a statement credit and a reversal of that statement credit for the dollar amount associated with the points you redeemed for the cancelled order. If you have an inactive program account, the points you redeemed for the cancelled order will not be returned to your program account and you will have a statement credit for the dollar amount associated with the points you redeemed for the cancelled order on the Card account you selected at checkout.
PRODUCT DESCRIPTIONS
You acknowledge that participating merchants provide their own product descriptions. American Express does not warrant that such product descriptions are accurate, complete, reliable, current or error-free.
CONFIRMING PRICES
The price for the items in your Shopping Cart reflects the most recent price provided to American Express by the merchant. Please note that this price may differ from the price shown for the item when you first placed it in your cart. If during order placement with the merchant, an item's price is higher than the price indicated at checkout on the site, we will cancel your order and notify you of such cancellation. However, if the shipping or tax charges are higher than the estimates indicated on the site, we will proceed with and place your order.
SHIPPING
Shipping fees, policies and limitations are determined by the merchant, and shipping fees are only confirmed in the order confirmation e-mail sent by the merchant. Please note, only a selection of merchants ship to Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands. For each participating merchant's full shipping details, visit americanexpress.com/storecontact.
GIFT CARDS
Gap & Old Navy: This eGiftCard is issued by and represents an obligation of Direct Consumer Services ("DCS"). The eGiftCard may be redeemed for merchandise at any Gap brand, Old Navy, Banana Republic, or Athleta location, including Outlet and Factory stores. The eGiftCard may also be redeemed online for merchandise at gap.com, oldnavy.com, bananarepublic.com, or athleta.com. If you return merchandise originally purchased with an eGiftCard, any refund will be issued in the form of a plastic gift card issued by DCS which may be used at any of these stores or websites. Any merchandise purchased with an eGiftCard is subject to the applicable store or online return policies. Purchases will be deducted from the amount of this eGiftCard until the value reaches zero. This eGiftCard may not be used or redeemed with certain promotional offers and may not be applied as payment on any account. You may not use an eGiftCard to purchase other eGiftCards. Additional value may be added to this eGiftCard at any Gap, Old Navy or Banana Republic store. Redeemable for cash when the balance is less than $5 or as otherwise required by law. Restricted to use in the USA, Puerto Rico and Canada. By purchasing this eGiftCard, you agree that the laws of the State of California, without regard to principles of conflict of laws, will govern this Agreement. Limit 5 eGiftCards redeemable per online transaction.
Target: Redeemable for merchandise or services (other than prepaid cards on Target.com and American Express®, Mastercard® and Visa® gift cards and prepaid cards) at Target stores in the U.S. or Target.com, and cannot be redeemed for cash or credit except where required by law. For balance information, visit Target.com/giftcards or call 1-800-544-2943.
©2017 Target Brands, Inc. The Bullseye Design and Target are registered trademarks of Target Brands, Inc.
Walmart: For balance inquiry, call 1-888-537-5503 or go to Walmart.com/giftcards or samsclub.com. Use this card at any retail or on-line format of Wal-Mart Stores, Inc. in the U.S. or Puerto Rico, including Sam's Clubs. The balance on this card is a liability of Wal-Mart Stores Arkansas, LLC. This card cannot be redeemed for cash except where required by state law. Lost or stolen cards will not be replaced. In the case of fraud, misrepresentation, abuse or violation of the terms and conditions, Walmart reserves the right to refuse acceptance of this card and to take all available action, including the forfeiture of any remaining card balance. Terms and conditions subject to change without notice. See Walmart.com for complete terms.
Terms and Conditions for the Membership Rewards® program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice.
The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo.
©2017 American Express Travel Related Services Company, Inc. All rights reserved.
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Created 08-15-2017 at 11:02 AM by echoSlick
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12 Comments

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This comment has been rated as unhelpful by Slickdeals users
Joined Jul 2007
L5: Journeyman
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#2
no way.
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Joined Apr 2006
World dominator and rebel
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#3
damn, my amex are all cash
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Joined Dec 2004
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#4
Took advantage of this when they had the deal for Home Depot!
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Joined Jan 2006
L5: Journeyman
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#5
Quote from fernholz2
:
Took advantage of this when they had the deal for Home Depot!
Is there ever a discount with cash rewards?
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Joined Dec 2004
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#6
Quote from sportsdude00
:
Is there ever a discount with cash rewards?


Dunno used points from my platinum, only one I got
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Joined Sep 2011
L3: Novice
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#7
still not point for point
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#8
still crap value for the points compared to use for travel via partners
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Joined Dec 2016
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#9
This should have been the standard for gift card redemption to begin with, like how Discover does it. It's absolutely pointless redeem for face value and miss out on cash/points back.
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Joined Feb 2015
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#10
The ecards listed are already 43% too high. With discount you are still at 0.875/100pts.
Home depot for example is $1/100pts regular exchange. This is not a deal.
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Joined Dec 2006
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#11
Quote from Knightshade
:
still crap value for the points compared to use for travel via partners
What do u recommend?
Im sittin on 53k
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Joined Sep 2009
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#12
Quote from Switching2Geico
:
What do u recommend?
Im sittin on 53k

Depends entirely on where you want to go and what airlines you have available.

But you can usually expect something in the 1.2-1.8 cents per point range in value with airline partner transfers and coach fares... occasionally you can top 2 cents a point with some redemptions (I've done this mainly with transfer to Avios and domestic short haul tickets)... all of which beats the hell out of this deal.

For premium redemption (business and first class tickets- usually only worthwhile for overseas travel) you can often get 4-6 cents a point for business, and 5-10 cents a point for 1st class- though most people won't be booking those.
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Joined Oct 2006
L7: Teacher
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#13
Quote from Switching2Geico
:
What do u recommend?
Im sittin on 53k
airline partners is one option as someone mentioned. i've also dealt with rewards to cash sites in the past for upto 1.33 redemption but they are very complicated now. I would rather take this 20% off for walmart gift cards since i shop a lot in sams. easy !
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