For a limited time, the Plenti Rewards program is offering y’all an incentive to transfer your existing American Express Membership Points to Plenti with a 50% bonus. If you transfer 500 AMEX Points, you will receive 750 Plenti points while this promotion is running. Check your Plenti emails to see if you qualify for this promotion. They send it by email, I did not find it on their website.
Once you click through the email, it takes you to a page where you can calculate the numbers. Points must be transferred in 500 AMEX Rewards increments. They have a handy calculator there, as you can see, I entered 2000 AMEX Rewards points and it told me I would be getting 3000 Plenti points. The offer is good until 12/31/16.
Considering that it is not easy to directly convert AMEX Membership points to cash or cash-equivalents at a 1:1 ratio (even paying with them at AMEX has an unfavorable conversion ratio), being able to transfer them to Plenti with a 50% bonus is a big plus ASSUMING you have no problem spending the Plenti points at Rite Aid or Macy’s or Exxon-Mobil or any of the other places that participate in the program.
Remember, Plenti [explainer post] is run by American Express, which is why they are able to rearrange the point chairs 🙂
PS: this only works with actual Membership Points. It does not work with the Blue Cash program.
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