The Wandering Aramean - American Express takes a hit in the points game

Discussion in 'Blogstand' started by BoardingArea, Jan 14, 2013.  |  Print Topic

  1. BoardingArea

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    Lots of folks will gladly tell you how awesome the American Express Membership Rewards program is (and often include a link for you to enroll, earning them a few bucks for the effort). The points are reasonably easily transferred to a variety of loyalty programs and the overall value is decent....
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  2. Actuarial guesses not withstanding AMEX probably fell victim to a malaise in the US economy. people have been looking to cut their costs and reduce debt and if one has a lot of points they become rainy day money. Many people I kow have held onto AMEX points for years and decided to cash in while money is tight personally. I'm not sure AMEX will reduce their benefits as this may be a one time loss.

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