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AmEx Membership Rewards Points: 20% discount for Gap, Home Depot and iTunes gift cards (YMMV)

+43 Deal Score
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This was on my AmEx Everyday Card. YMMV, as I see earlier posts that the discounts may vary.

Gap (20% off):
  • $10 - 800 points
  • $25 - 2000 points
  • $50 - 4000 points
  • $100 - 8000 points
Home Depot (20% off):
  • $25 - 2000 points
  • $35 - 2800 points
  • $50 - 4000 points
  • $100 - 8000 points
  • $500 - 40000 points
  • $1000 - 80000 points
Offer must be redeemed between 6/3/19 and 7/31/19.

iTunes (20% from before, but not 1:100 redemption):
  • $10 - 941 points (was 1176 points)
  • $25 - 2353 points (was 2941 points)
  • $50 - 4706 points (was 5882 points)
https://global.americanexpress.co...gift-cards
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AmEx Membership Rewards Points: 20% discount for Gap, Home Depot and iTunes gift cards (YMMV)
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Joined Nov 2018
New User
> bubble2 13 Posts
10 Reputation
croakz
06-04-2019 at 01:21 PM.
06-04-2019 at 01:21 PM.
Thanks OP!
Reply
Joined Jul 2009
L7: Teacher
> bubble2 2,842 Posts
509 Reputation
keung
06-04-2019 at 01:21 PM.
06-04-2019 at 01:21 PM.
still amaze how people use their MR points
Reply
Joined Sep 2010
CVS Shopaholic
> bubble2 992 Posts
747 Reputation
SfoilT65
06-04-2019 at 01:24 PM.
06-04-2019 at 01:24 PM.
My wife had these on her account but unfortunately not mine
Reply
Joined Dec 2010
L3: Novice
> bubble2 215 Posts
51 Reputation
sakuraccs
06-04-2019 at 01:30 PM.
06-04-2019 at 01:30 PM.
Quote from keung :
still amaze how people use their MR points

Care to elaborate? I have a shit ton of points but never know what to use it for. Saw a lot of ppl transfer to travel but I do almost no personal travel... so end up getting discounted gift cards.
Reply
Joined Nov 2018
New User
> bubble2 13 Posts
10 Reputation
croakz
06-04-2019 at 01:39 PM.
06-04-2019 at 01:39 PM.
Quote from sakuraccs :
Care to elaborate? I have a shit ton of points but never know what to use it for. Saw a lot of ppl transfer to travel but I do almost no personal travel... so end up getting discounted gift cards.
Same, and if I do travel on airlines I have status on I only get 1cent an MR point. The Home Depot deal at 1.25cents an MR point is pretty decent for buying stuff.

Here's an article on point values:

https://www.valuepenguin.com/amer...sive-guide
Reply
Joined May 2010
L5: Journeyman
> bubble2 4,276 Posts
883 Reputation
DaShaka
06-04-2019 at 02:04 PM.
06-04-2019 at 02:04 PM.
Thanks, was waiting for some sort of discount to spend all my points, was able to get $500 Home Depot, an extra $100.
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Joined Nov 2011
L6: Expert
> bubble2 1,401 Posts
231 Reputation
Puff601
06-04-2019 at 02:05 PM.
06-04-2019 at 02:05 PM.
Same here. I have over 420k points and don't travel. I buy gift cards when discounted and sell them. Its better than using them towards purchases.
Reply

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Joined Apr 2014
L5: Journeyman
> bubble2 949 Posts
338 Reputation
langdatayagi
06-04-2019 at 02:18 PM.
06-04-2019 at 02:18 PM.
Quote from sakuraccs :
Care to elaborate? I have a shit ton of points but never know what to use it for. Saw a lot of ppl transfer to travel but I do almost no personal travel... so end up getting discounted gift cards.

If you don't travel then I guess gift cards is a decent redemption but if you do travel then this is a bad idea. I usually transfer all my points to airline partners and travel business class because I can never afford those tickets on my money! That way you can get an amazing value out of points.
Reply
Joined Apr 2014
L5: Journeyman
> bubble2 949 Posts
338 Reputation
langdatayagi
06-04-2019 at 02:19 PM.
06-04-2019 at 02:19 PM.
Quote from croakz :
Same, and if I do travel on airlines I have status on I only get 1cent an MR point. The Home Depot deal at 1.25cents an MR point is pretty decent for buying stuff.

Here's an article on point values:

https://www.valuepenguin.com/amer...sive-guide

Doing at 1 cent is not right..if you travel business/first class then you get at-least 3-4 cent value out of those and even more depending how well you time your travel.
Reply
Joined Jan 2011
L2: Beginner
> bubble2 370 Posts
155 Reputation
slackinormackin
06-04-2019 at 02:24 PM.
06-04-2019 at 02:24 PM.
Quote from croakz :
Same, and if I do travel on airlines I have status on I only get 1cent an MR point. The Home Depot deal at 1.25cents an MR point is pretty decent for buying stuff.

Here's an article on point values:

https://www.valuepenguin.com/amer...sive-guide
Basically people use MR points for first / business class international air travel which ends up valuing the points at 3-6 cents per point. What they don't factor is that a bigger seat, less crappy meal, and a stuffy lounge is actually worth very little and is just a marketing ploy by airlines. Suddenly everyone is 6' 6" to justify burning 300k points for a flight.
Reply
Joined Sep 2017
L5: Journeyman
> bubble2 593 Posts
226 Reputation
Pro
pranrasvij
06-04-2019 at 02:27 PM.
06-04-2019 at 02:27 PM.
Same issue, no travel for me so this is a good deal.
also, some ppl like to use points for business class travel and impute the value based on actual business class ticket prices so the value seems 3-4 cents per MR or more
Reply
Joined Nov 2008
L4: Apprentice
> bubble2 348 Posts
162 Reputation
mydogisarobot
06-04-2019 at 02:28 PM.
06-04-2019 at 02:28 PM.
Quote from langdatayagi :
Doing at 1 cent is not right..if you travel business/first class then you get at-least 3-4 cent value out of those and even more depending how well you time your travel.
At what amount of points does this sort of travel redemption become possible? I have looked into travel with AmEx points but haven't ever found an exchange that I can do. Is it only useful on business/first class? If so, to where?

Thanks!
Reply
Joined Jul 2012
L4: Apprentice
> bubble2 339 Posts
48 Reputation
rsuryase
06-04-2019 at 02:32 PM.
06-04-2019 at 02:32 PM.
Thanks bought $250 itunes gift cards.
Reply
Joined Apr 2014
L5: Journeyman
> bubble2 949 Posts
338 Reputation
langdatayagi
06-04-2019 at 02:33 PM.
06-04-2019 at 02:33 PM.
Quote from mydogisarobot :
At what amount of points does this sort of travel redemption become possible? I have looked into travel with AmEx points but haven't ever found an exchange that I can do. Is it only useful on business/first class? If so, to where?

Thanks!

I transferred my points to air Canada and used my points on Swiss airline to travel to India for 160k points round trip per person. Things might have changed a little now but not a lot.
It makes sense on business because those tickets are insane on $ and not everyone can afford.
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