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Bits: Avios TRP closing date extended, DON’T use Membership Rewards Auto-Redeem!

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News in brief:

Avios TRP closing date extended

If your Avios Travel Rewards Programme account has not yet been closed and moved across to British Airways Executive Club, don’t worry.  (Mine hasn’t, and neither has my wife’s account.)

The deadline of 28th August has apparently been extended to 17th September which gives them another three weeks to close all of the existing accounts.

If you still want to access avios.com, for example because you want to book Aer Lingus flights online or you want to easily move Avios from BA to Iberia or vice versa, I outline the work-arounds in this article.

Membership Rewards Auto Redeem

Don’t use Membership Rewards Auto-Redeem!

American Express Membership Rewards has a new feature – Auto-Redeem. 

Don’t use it!

It is just a gimmick, and a poor value gimmick at that.

This is how it works.  You click on the ‘Use Points for Purchases’ link on the statement page of your Gold or Platinum account.  You will then see a further link for Auto-Redeem.  You can then select from three potential recurring payments that you may have – Netflix, Naked Wines and Spotify.  No other companies are included.

If you turn on Auto-Redeem, American Express will automatically look for charges from these three merchants on your statement.  When it sees one, it redeems enough Membership Rewards points to pay the bill and adds a statement credit to your account.  It is meant to happen within three days of the original charge appearing.  This effectively nullifies your subscription payment.

Here’s the snag.  You only receive £4.50 of statement credit for every 1,000 Membership Rewards points.

You should be looking to get around 1p per Membership Rewards point on a good day.  1 point = 1 Avios, for instance, and you should be able to get 1p per Avios when you redeem.

This is my article explaining the best value Membership Rewards redemptions.  You can see from this how poor 0.45p per point is.

(Want to earn more Avios?  Click here to visit our home page for the latest articles on earning and spending your Avios points and click here to see how to earn more Avios from current offers and promotions.)

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Comments

  1. Flip the world view around; if you are relatively travel points rich (i have a couple of million avios and similar store of IHG points) and find myself with about 250k MR points. As I’m unlikely to use them for travel and i’m wondering what are the better redemption uses of MR points?

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