It is clearly very subjective but – on my maths – the best deal was, surprisingly, Melia Hotels redemptions. You could redeem Membership Rewards points for a voucher for a free night – 14,000 points for Grand Melia down to 5,500 points for a Sol Hotel.
I reckon that you would easily get 1p per Membership Rewards point at those prices, and probably more.
The problem was that the booking process was complex and not well explained by Amex. You had to ring Melia and speak to an agent who had probably not heard of this offer. They had to find availability and reserve your room. After that, you called Amex and ordered a voucher which you presented at the hotel at check-in.
Melia Hotels redemptions have now disappeared from the Membership Rewards website. This is a little odd as Melia has been deepening its Amex partnership and now offers Melia Rewards Gold status to Amex Platinum cardholders. My best guess is that the vouchers proved too complex to use and were causing negative feedback.
Want to earn more points from credit cards? – August 2021 update
If you are looking to apply for a new credit or charge card, here are our August 2021 recommendations based on the current sign-up bonus.
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the other top current deals:
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers.
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending: