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How I got good value for my American Express Membership Rewards points with Eurostar

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I need to be in Paris for two days at the end of June, returning home on a perennially expensive Friday evening.  As my hotel is only three metro stops from Gare du Nord it made sense to take the train back rather than fly.

With cash tickets reassuringly expensive for booking two weeks in advance, this was a good opportunity to check out the new ‘guaranteed availability’ benefit of redeeming with Club Eurostar points.

As I didn’t have any Club Eurostar points, this required a transfer from American Express Membership Rewards.  I thought it was worth looking at the value I got from this.

Club Eurostar points with American Express Membership Rewards

Transferring Amex points to Club Eurostar

Club Eurostar is the new Eurostar loyalty scheme launched last Autumn.  It replaced the two previous schemes, Eurostar Frequent Traveller and Eurostar Plus Points.

Reward availability with Eurostar was always pretty good.  It is now perfect, because under Club Eurostar you can book on ANY train in ANY class as long as you are prepared to pay a small premium.

Here is the new redemption chart – only look at the ‘Club Eurostar’ column:

The transfer rate in from Amex is 15 Membership Rewards to one Club Eurostar point.  This means you’re looking at:

Standard Class – 15,000 Amex points return (22,500 for an ‘Anytime’ ticket)

Standard Premier – 30,000 Amex points return (37,500 for an ‘Anytime’ ticket)

Business Premier – 45,000 Amex points return for an ‘Anytime’ ticket

Tickets can be booked as singles or returns in any of the three classes.

All Eurostar routes cost the same number of points, making the South of France and the Winter ski services excellent value.

Friday night Eurostar tickets are not cheap ….

Booking two weeks in advance for a Friday evening service in Summer was never going to come out well.  This was the pricing I was looking at, for a one-way from Paris to London:

Standard Premier:  £215

Business Premier:  £303

I didn’t want to travel in Standard, as 2 hr 20 min in a full train did not really appeal – and the saving was only £50.  The idea of a private solo seat in Premier was far more interesting.

In terms of points, it was going to be:

Standard Premier:  1,250 Club Eurostar points, which is 18,750 Amex Membership Rewards points

Business Premier:  1,500 Club Eurostar points, which is 22,500 Amex Membership Rewards points

However, you can only transfer Amex points in multiples of 1,500.  This means that the Standard Premier ticket would actually have cost me 19,500 Amex points.

The only differences between Standard Premier and Business Premier are better food, lounge access and 10-minute check-in.  I have lounge access via my Amex Platinum charge card.  Despite that, I still decided to use the extra 3,000 points for Business Premier as life is short and my Membership Rewards pot is large – although I doubt the meal will be worth the notional extra £25-£30!

This is how the redemptions worked out:

Standard Premier:  1.14p per Amex point

Business Premier:  1.34p per Amex point

However …. I always stress that you should value redemptions based on what you would reasonably have paid.  Would I have paid £303 for Business Premier when Standard Premier was £215?  No way.  I didn’t mind using an extra 3,000 Amex points though.

You could also argue that I didn’t need to get the Friday peak train.  If I had waited until 6.45pm I could have bought a Standard Premier ticket for £137.  If I’d done that, though, I wouldn’t have been home in time to put my kids to bed which is something I don’t like to miss if I can help it.  There would also have been a lot of hanging around given that I couldn’t have pushed my hotel check-out beyond 4pm.

American Express Membership Rewards Eurostar

Other points to note ….

Had I booked earlier, I would have been able to get a one-way Standard Premier ticket for 1,000 points instead of 1,250 Club Eurostar points.  I ended up with a pricier ‘Anytime’ ticket.

‘Anytime’ tickets have one important bit of upside if you are converting points from Amex.  Because you are guaranteed to be able to redeem the seat you want, you don’t need to worry about reward seat availability disappearing whilst you wait for the points to transfer across.

As it happened, it took 48 hours for the points to move across from American Express to Club Eurostar.  My accounts were already linked – if yours are not already linked, the first transaction may take a little longer.

Without wishing to state the obvious, there are no taxes or charges on Eurostar redemptions.  Free means free. 

With a bit of organising and advance booking, you can get a return Standard ticket from the centre of London to the centre of Paris – or south of France – for 15,000 Membership Rewards points all-in (no taxes or fees) so it can offer a decent deal. 

I ended up paying a lot more but that is the price you pay for booking a Friday night train in a premium cabin at two weeks notice …..


How to get Club Eurostar points and lounge access from UK credit cards

How to get Club Eurostar points and lounge access from UK credit cards (April 2024)

Club Eurostar does not have a UK credit card.  However, you can earn Club Eurostar points by converting Membership Rewards points earned from selected UK American Express cards

Cards earning Membership Rewards points include:

Membership Rewards points convert at 15:1 into Club Eurostar points.  The cards above all earn 1 Membership Rewards point per £1 spent on your card, so you will get the equivalent of 1 Club Eurostar point for every £15 you spend.

American Express Platinum comes with a great Eurostar benefit – Eurostar lounge access!  

You can enter any Eurostar lounge, irrespective of your ticket type, simply by showing The Platinum Card at the desk.  No guests are allowed but you can get entry for your partner by issuing them with a free supplementary Amex Platinum card on your account.

Comments (40)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Oli says:

    Another key difference between Standard Premier and Business Premier is that Business Premier tickets are fully flexible. If you turn up at the station early, you can take an earlier train

  • Lax says:

    So you had to spend 22,000 pounds on your Amex to get a train that you could have paid £150 for. Even paying £300 does not sound like good value. But then you would not have paid the 300 in any event.

    • Genghis says:

      This is one scenario where I do actually use the corporate travel agent as Biz Prem capped at £412 return.

    • Andrew M says:

      Points Lax. Points. Though I take your point 😉

      • Andrew M says:

        When a single referral from Amex Plat nets the referee 18,000 points, spending 22,000 can feel like small change.

    • Rob says:

      I have stopped discussing the tax treatment of HFP trips (ie if I pay cash I get a 50% discount) because it causes massive distortion to the discussion! I also find that I do not act rationally anyway.

      On a more practical level, if I don’t blow points for HFP travel then I start running devaluation risks, which is something you can’t price in but which I am aware of.

      I am also at the point in life where I need to factor in the ability to spend them before I die (I overtake the age my Dad died in a few weeks) as the estate would clearly prefer the cash!

      • Genghis says:

        Your wife didn’t seem much into the points game when I spoke to her at the HfP xmas party!

        • Brighton Belle says:

          Oh that is Soo true. I can’t even persuade her to churn an Amex Platinum. I think I should churn her, far easier.

    • Hsergio10 says:

      if you do some rewards hacking plus referral, you can get 22k MR points in a snap.

    • TGLoyalty says:

      Nope you had to sign up for an AMEX gold and spend £2k in 3 months to earn that.

  • Waribai says:

    “The only differences between Standard Premier and Business Premier are better food, lounge access and 10-minute check-in. “

    Travelling at half term a couple of weeks ago, Business Premier made a huge difference in that we didn’t have to queue for check in at either end. The queues were huge particularly at Gare du Nord where everyone else was queuing even to get up the stairs to check in.

  • Mark says:

    Do standard premier passengers get to use the fast track check in barriers if they want to or is it only business premier who get to use it as part of arriving 10 min prior to departure?

    • David says:

      Business Prem only.

    • john says:

      the fast track is for business premier or Carte Blanche holders only

      though at GDN fast track can still dump you in a long line for security as the queues often merge

    • Genghis says:

      Only biz prem

  • Geoff says:

    A lot of man maths to justify that redemption.

    • the real harry1 says:

      Probably counts as a business expense, not many of us here would fail to see personal expense ≠ business expense, in terms of getting value for money or choosing from different priced options

      • Genghis says:

        If points are outside the scope of income tax for points earning, I doubt they’d be in scope to be used for allowable expenses for the purposes of trade (especially here when earned through trade). Thoughts?

        • the real harry1 says:

          Down to sensible/ reasonable interpretation of the rules, I doubt if your accountant would recommend it but conversely I also doubt that if a tax inspector looked at your expenses claim and disagreed on that point, if he’d penalise you – probably just give you guidance for the future as it’s clearly not a deliberately false or fraudulent claim.

          Anyway, going back to value (even if personal expense), surely many people would be comparing the cost & convenience of business premier (22,500 MR points, 10 mins away with no significant waiting time) with the cost & convenience of flying (15,500 Avios + £50 [or – say ≅ 20,500 MR points], 45 mins to airport, 2 hrs check in & hanging around, flight a bit faster then 30 mins travel home).

          So for ≅ 2000 MR points or £20, you save 3 hrs of extra hassle.

        • Rob says:

          I don’t count them on the way, I don’t count them on the way out ….

        • Genghis says:

          Eurostar is certainly much more convenient. I’ve never flown to Paris. Need to rush back in a few weeks’ time for wife’s birthday and should be Paris office to home in 3.5 hours.

  • Paul C says:

    does anyone have any experience of transferring Amex MR points into a club eurostar account in a different name? trying to avoid opening yet another account in my girlfriends name if i could just transfer her MR points into my eurostar account. with her permission of course…

  • Gavin says:

    Off topic

    Picked up a Europcar £1 deal from Reading. To Heathrow this morning. Given a Jaguar XE… very nice !

    • 304degreesofbikefaff says:

      I got a Hyundai i10 from Cardiff Airport last weekend. With a dent that I hadn’t seen.. would have been an expensive £1 rental if it weren’t for Amex Plat excess cover.

    • Mark2 says:

      When I look I can never find a £1 car back from Heathrow. Is it just me or is this normally the case?

      • Faithy says:

        From airports is much more limited than to them.
        Just booked for £1 and paid £2.39 excess cover! No plat at the moment.

        • Premier01 says:

          Was the excess cover for £ 2.39 offered by Europcar when picking the car up or was it seperate cR rental insurance from independent company?

      • 304degreesofbikefaff says:

        Never seen anything FROM airports, only TO… Cardiff airport last weekend being an exception.

    • the real harry1 says:

      jammy bugger! 🙂

  • Faithy says:

    OT.
    Received new card and added to amex online account. How do you get rid of a cancelled card showing on online account? Thanks

    • Faithy says:

      found it on card management..

    • Stu N says:

      On the iOS app you can go to account – activate cards – remove a card. Similar on desktop IIRC

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