How to get 1p per point for your American Express Membership Rewards points

A couple of days ago we posted about a special offer for converting Nectar points to LNER train credit.

You can read our article here, but basically until 14th August you get 1p per point (double the usual 0.5p per point) when you convert your Nectar points into LNER rail vouchers.  These are valid until early 2021 on LNER Advance tickets in Standard or First.

What I forgot at the time I wrote this is that American Express Membership Rewards points convert at 1:1 into Nectar points.  The conversion page is here.

The stated transfer time is four working days, so they would easily arrive in time to order some LNER vouchers.  Getting 1p per Membership Rewards point is a decent deal, unless you very confident you can get more than 1p of value via a frequent flyer mile or hotel points redemption.

It is also worth remembering that there is no minimum conversion amount to Nectar from Amex.  If you just want to move 1 point across, you can do!

It is a great way of fully emptying your account if you are closing your Amex card, given that Avios only accepts transfers in chunks of 500 after the first 1,000.

PS.  If you missed it, take a look at our recent article on 10 good reasons to get the ‘free for life’ American Express Rewards Credit Card.

---

Want to earn more points from credit cards? – October 2024 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

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:

SPECIAL OFFER: Until 22nd October 2024, the bonus on American Express Business Platinum is increased to up to 80,000 Membership Rewards points, worth 80,000 Avios. You will receive 8 points per £1 spent for the first three months, on up to £10,000 of spending. Click here to read our full card review. Click here to apply.

SPECIAL OFFER: Until 22nd October 2024, the bonus on American Express Business Gold is increased to up to 40,000 Membership Rewards points, worth 40,000 Avios. You will receive 4 points per £1 spent for the first three months, on up to £10,000 of spending. The card is FREE for your first year. Click here to read our full card review. Click here to apply.

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 when you spend at least £2,000 per month.