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As Eurostar fares go sky high, are ‘Amex to Club Eurostar’ transfers now a great deal?

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Some recent press coverage elsewhere (eg Business Traveller here, by the ever-excellent Alex McWhirter) has drawn attention to the huge spike in Eurostar ticket prices since the pandemic eased.

This isn’t price gouging by the train company. In a meeting with MPs last week, Eurostar explained how it has been forced to cut capacity by 30% due to Brexit-related passport issues – it simply isn’t possible to process passengers quickly enough to run full trains.

Fares, as you would expect, have shot up in response. If you still think you can get £39 tickets, think again. You won’t get much under £200 return in Standard at a sensible time, even booking a couple of months ahead.

What are Club Eurostar points worth?

As Club Eurostar points have NO CAPACITY CONSTRAINTS (Seat for sale for cash? It’s yours for points) they are worth serious consideration.

How much are Club Eurostar points worth in 2022?

Historically we have valued Club Eurostar points at around 10p. Based on a 15:1 transfer ratio from American Express Membership Rewards, this valued your American Express points at a poor 0.66p.

More recently I edged up my valuation to 12p – 15p per Club Eurostar point. This meant that, at 15:1, you were getting 0.8p to 1p per American Express point which is ‘good to very good’. Where are we now?

Here is the key point – Club Eurostar lets you redeem on ANY train.  You need more points for peak services, but as long as seats are bookable for cash you can book them for points.  

Here is the pricing:

  • Standard class – 1,000 Club Eurostar points off-peak and 1,500 points peak, return
  • Standard Premier – 2,000 Club Eurostar points off-peak and 2,500 points peak, return
  • Business Premier – 3,000 Club Eurostar points at all times, return

One way tickets are available for half of the above prices.

Peak and off-peak is NOT driven by date.  There are a fixed number of tickets available for each service at off-peak pricing and then it switches to peak.

For the purposes of this analysis:

  • I am only looking at London to Paris, the most popular redemption option
  • I am only looking at Standard and Standard Premier.  In my mind, Standard Premier is the ‘sweet spot’ in terms of value – you get the same Business Premier seat and a three course meal with wine, but you don’t get fast track security, lounge access or a ‘premium meal’.  Many people are perfectly happy with Standard, however, especially if travelling as a couple (I think that there are no solo seats in Standard).

I looked at pricing for a weekend break to Paris booked one month, two months and four months ahead of travel.

I took the same trains on each occasion, which I thought were the ideal ‘weekend break’ services:

  • 18.01 from London St Pancras on Friday, arriving at 21.17 in Gare du Nord
  • 19.13 from Paris Gare du Nord on Sunday, arriving at 20.39 in St Pancras

Here were the prices:

Standard:

One month ahead: £300 return

Two months ahead:  £225 return

Four months ahead:  £165.50 return

Standard Premier:

One month ahead: £330 return

Two months ahead:  £300 return

Four months ahead:  £240 return

What are Club Eurostar points worth?

Let’s look at the value you are getting for your points on this basis, turning the prices above into ‘pence per Club Eurostar point’.

Standard:

One month ahead: 20p per Club Eurostar point (1,500 points return)

Two months ahead: 18p per Club Eurostar point (1,250 points return)

Four months ahead: 16.5p per Club Eurostar point (1,000 points return)

Standard Premier:

One month ahead: 14.7p per Club Eurostar point (2,250 points return)

Two months ahead: 15p per Club Eurostar point (2,000 points return)

Four months ahead: 12p per Club Eurostar point (2,000 points return)

What are Club Eurostar points worth?

Club Eurostar redemptions are currently excellent value

As you can see from the numbers above, you are currently getting a lot more for your Club Eurostar points than you did historically.

With cash prices creeping up due to high demand and capacity constraints, 15p per Club Eurostar point is now a fair valuation for Standard Premier trips, and 18p – 20p per Club Eurostar point for trips in Standard class.

Assuming that you will get your Club Eurostar points by transferring American Express Membership Rewards points at 15:1, you would be getting 1p per point for Standard Premier redemptions and up to 1.33p per Membership Rewards point for Standard redemptions.

Eurostar tickets could now be the best use of American Express Membership Rewards points, especially if your lifestyle means that you are likely to travel at short notice. You can read our review of Eurostar Standard Premier to Amsterdam here.

PS. If you are not a regular Head for Points visitor, why not sign up for our FREE weekly or daily newsletters? They are full of the latest Avios, airline, hotel and credit card points news and will help you travel better. To join our 65,000 free subscribers, click the button below or visit this page of the site to find out more. Thank you.

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 2025)

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:

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

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, 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.

Category

American Express Membership Rewards, Club Eurostar

Comments (145)

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

  • X2000traveller says:
    30 Sep30 September 07:52

    Standard Premier really offers a two courses, unless you count a bread roll as a course. And the main plate is always a cold one and quite small, so the offer is probably more viewed as a substantial snack than a meal. It is Business Premier that offers the full three course treatment and also a bypass around the awful queues for security and passport control. Note that Thalys, which is now in the same ownership as Eurostar, has cut back its at-seat service so that only the equivalent of Business Premier gets anything and then it is just a posh hors d’oeuvre so that maybe is where Eurostar is heading as their cash burn worsens.
    Indeed, there are no solo seats in Standard.

    • tiriavpo says:
      6 Oct6 October 11:40

      Yes, not sure why it is described as a 3-course meal in premier. Even their own website only calls it a light snack.

  • jj says:
    30 Sep30 September 08:00

    You can imagine the Board conversation.

    CCO:”We’ve been testing price elasticity. If we lower capacity by 30%, we can sustain additional yields of 150% and lower outlet operational costs. We have there decided not to increase our passport processing capabilities.”

    CMO: “We will blame Brexit in our marketing communications. That will resonate with our metropolitan, middle-class, Remainder customer base.”

    CEO: “Agreed. Capacity will be permanently lowered.”

    We are many years from the Brexit refendum. Brexit is an excuse, not a reason.

    • Novelty-Socks says:
      30 Sep30 September 08:04

      Has anyone had any success transferring Nectar points to Eurostar? I’ve hit repeated errors trying to do this on multiple occasions, never successfully.

    • ianM says:
      30 Sep30 September 08:06

      To think that is to deny reality

    • Brian78 says:
      30 Sep30 September 08:06

      Sounds like you’ve just made this up with no evidence.

      Yawn.

    • John says:
      30 Sep30 September 08:08

      You clearly haven’t read the evidence he gave to the Committee. It’s not credible to attribute every adverse consequence of Brexit to the actions of salty remainers.

      • jj says:
        30 Sep30 September 08:23

        I didn’t attribute anything to remainers.

        I’ve been attending company Board meetings since the early 1990s and I’ve heard hundreds of strategic discussions. The common thread is this: problems that affect profitability or enterprise value get solved. Other problems get deprioritised.

        This issue is not hurting Eurostar. Why would they prioritise a solution?

        • Brian78 says:
          30 Sep30 September 09:20

          “ This issue is not hurting Eurostar”

          Do you have a link to anything which shows their revenues and profits for the last few months? Presumably that’s how you know it’s not hurting them?

    • Paul says:
      30 Sep30 September 08:21

      Brexit is the foundation stone upon which this countries catastrophic decline in the world is built. It is a toxic national issue which despite all the evidence, is not something we are yet able to grasp and deal with.
      The EU was not a priority issue for the vast majority of people but the right wing media, Russian money and influence, and pernicious politics made out it was the root of all our national ills.
      Stamping passports is simply the EUs method of protecting their border, something we were told the U.K. could not do inside the group, and just one of the many lies so many people bought and are still wedded to

      • BuildBackBetter says:
        30 Sep30 September 10:13

        Your logic goes out of the window when you realise Eurostar didnt have this issue until summer school holiday demand kicked in and they couldnt find enough staff.
        The more problems you attribute to brexit, the more the tory part and corporates get away with.

      • MrVine says:
        30 Sep30 September 11:41

        We can’t protect our border, that is clearly proven everyday…

    • RussellH says:
      30 Sep30 September 10:41

      Rubbish. Leaving the EU is absolutely the reason. Eurostar terminals were designed on the assumption that the UK was part of the EU, and would, in due course, join the Schengen Zone.
      There is no space at all at any Eurostar terminal, nor for that matter, at any UK ferry port, for the massive increase in space for Schengen Zone immigration facilities that will be needed from next year, when UK passport holders will require to be fingerprinted as well as having the validity of their passport checked and the passport stamped, as at present.
      You aint seen nuthin yet!

    • MrVine says:
      30 Sep30 September 11:34

      Its still at the front of a lot of people minds for some reason, even yesterday Jeremy Vine was discussing it on his BBC Radio 2 show “is Brexit in the news effecting you?” Did not actually say who was listening to 6 years old news though….

  • Can says:
    30 Sep30 September 08:06

    Do you really think Eurostar controls the number of staff at passport check? Do you also think that Heathrow LLC controls the same at the airport?

    Brexit (and lack of preparation) is the reason.

    • NFH says:
      30 Sep30 September 08:44

      Indirectly, yes. Eurostar designed its terminals, within the limited space of St Pancras and the Gare du Nord, for a pre-Brexit age when British citizens could use the faster EEA/Swiss immigration lanes. There is no insufficient space, particularly at the Gare du Nord, to expand the number of much slower non-EEA/Swiss lanes to accommodate British citizens, who account for 40% of Eurostar’s passengers. Because non-EEA/Swiss lanes are much slower, it’s not a direct trade-off between closing EEA/Swiss lanes and opening new non-EEA/Swiss lanes.

      • Can says:
        30 Sep30 September 08:54

        What we learned in the past 4-5 years is that any sort of preperation for potential travel chaos does not exist in this country — be it Brexit or Covid.
        It also seems not high in political agenda either.
        So yes, it is Brexit. And yes it is not difficult to fix it. And yes, they simply are not fixing it anytime soon. And yes, travel companies, airlines and trains find ways to take advantage of it. Either way, we lose.

        • Rob says:
          30 Sep30 September 09:07

          You know that Eurostar is predicting multi-hour check-in queues from next year once the requirement to fingerprint all non-EU passengers comes in?

          BA can bump this off because you will be queuing after you land, but Eurostar is stuck because of how immigration works with them.

          • Londonsteve says:
            30 Sep30 September 09:34

            I don’t understand why the UK doesn’t simply withdraw from the Le Touquet agreement and both countries revert to conducting immigration checks on their own territory. The queues would immediately move to Calais and Gare du Nord and it would become a French ‘problem’ they would self-interested to resolve as it’s their port and station that’s getting gummed up.

          • BuildBackBetter says:
            30 Sep30 September 10:15

            @londonsteve, thats assuming the UK government understands the problem. They dont understand even basic stuff like incometax.

          • Rich_A says:
            30 Sep30 September 11:32

            @londonsteve Or get rid of the juxtaposed checks and do on-board control like civilised countries do. No queues.

            And get rid of the security theatre too, while we’re at it.

          • ken says:
            30 Sep30 September 11:55

            Of course, only a matter of time before its was ‘the Frenchies’ fault.

            Le Touquet Treaty was driven by the UK to try and cut migration – and now we should terminate it ?

            British exceptionalism at its finest.

        • NFH says:
          30 Sep30 September 09:10

          It didn’t help that Boris announced the post-Brexit EU-UK trade deal (which covers this sort of thing) only a few days before the UK left the EU’s single market and customs union at the end of December 2020. This gave businesses insufficient time to prepare, which in some cases requires considerable building work.

    • BuildBackBetter says:
      30 Sep30 September 10:30

      Why were there no major issues until July? Do you really think there were zero brexit checks until July?

      • Brian78 says:
        30 Sep30 September 10:38

        Because there weren’t enough customers for it to be a problem?

        Pretty obvious stuff really.

        It’s like saying the M25 doesn’t have a traffic problem, because there’s no issues at 2am

      • Rob says:
        30 Sep30 September 10:38

        You do know that Eurostar was fully sold out (to their capacity caps) – every train, every day – in Standard and Standard Premium for much of July and August? It was just the general return of demand post covid.

        The queues at St Pancras for check-in now run down the concourse, around the corner (past Yo Sushi) and out of the door to the German Gymnasium restaurant / Google HQ building site.

        • BuildBackBetter says:
          30 Sep30 September 11:28

          Exactly! So how is only brexit to blame?

          • dougzz99 says:
            30 Sep30 September 11:47

            Because Brexit has massively increased the processing time for each passenger. So when capacity increases the Brexit issues are exposed. Can only assume you understand this and choose to pretend otherwise.

        • BlueThroughCrimp says:
          30 Sep30 September 11:52

          Indeed. Late set swaps between Class 373 and 374 with the subsequent re-ticketing didn’t help my August journey, but near 100% full trains every 30 minutes to Paris and Brussels with up to nearly 900 passengers per Class 374 set all trying to go through a much slower passport control is only down to one thing.

        • Genghis says:
          30 Sep30 September 16:38

          Normally I wouldn’t mind travelling SP but I’ve been going BP since all of this has been happening so can just walk straight through security at St P. The same cannot be said for Gare du Nord, however…

  • lumma says:
    30 Sep30 September 08:34

    I’m not sure running to St Pancras straight after work then paying for an extra night in a Paris hotel which you’ll arrive at around 10pm is the “ideal weekend break” to be honest.

    • Rob says:
      30 Sep30 September 08:45

      Would you rather a) wake up Saturday morning around 9am in a nice Paris hotel? or b) get up at 5am for an early Eurostar on Saturday and then be stuck because you can’t check into your hotel until 3pm, which yiu’ll hardly have time to get comfy in before checking out?

      • dougzz99 says:
        30 Sep30 September 08:51

        C) Accept that as things stand a ‘weekend’ in Paris is not worth the effort as it’s little more than a day, and a very expensive day.

      • lumma says:
        30 Sep30 September 09:07

        I’d rather take an extra day off work and travel at either lunchtime on Friday or return on Monday afternoon personally. But if I am going to go Saturday morning for one night I can carry a pair of socks and some underpants around with me until check in time to save €200+ on the Friday night hotel

      • jj says:
        30 Sep30 September 09:11

        I prefer d) Visit a fine local gasto-pub with some friends on Friday, wake up early on Saturday to walk the dog on the beach, then cycle through idyllic country lanes with some mates for much of the rest of the day. Cozy up in front of the fire with a good book and a glass of wine in the evening

        But, at the risk of being controversial, I guess that if one has the misfortune to live in London, one needs to escape from time to time 😉

        • Rhys says:
          30 Sep30 September 09:18

          Why are you reading HfP if you never take any holidays 😉

          • John says:
            30 Sep30 September 09:49

            What’s overpriced is a Eurostar ticket for £300 at these supposedly “ideal” times which is necessary to achieve this 20p valuation.

          • Brian78 says:
            30 Sep30 September 09:51

            Haha. Brilliant response Rhys.

            Check. And. Mate.

          • Callum says:
            30 Sep30 September 09:54

            I’d never take a weekend break to Paris either but I guarantee I take more (and longer) holidays than you do!

          • Rob says:
            30 Sep30 September 10:30

            Rhys will have 200 flying hours this year once we’ve knocked off Virgin’s Tampa launch and BA’s move to JFK Terminal 8 so I doubt that!

          • Rhys says:
            30 Sep30 September 11:22

            I’m already 200 hours today! Will be closer to 250/275 this year I think

          • Nick says:
            30 Sep30 September 10:19

            Presumably a hold-over from when this site was aimed at business travellers?

          • Callum says:
            30 Sep30 September 11:34

            Rob – since when has time spent on a plane been a measure of holiday duration for any normal person?

            If Rhys has spent more than 5 months on holiday this year then I’ll withdraw my incorrectly claimed guarantee (and applaud you for giving your employees such an enormous amount of time off!).

          • Rob says:
            30 Sep30 September 11:39

            His whole life is one long holiday 🙂

          • dougzz99 says:
            30 Sep30 September 11:49

            That’s like saying a pilot or cabin crew take more holidays. If your job is flying it’s not a holiday. It’s all got quite bitter today.

          • jj says:
            30 Sep30 September 12:24

            Touché, Rhys.

            But you, of all people, would understand that a holiday has to hit a very high bar if it is to tempt me away from God’s own country, Wales.

          • His Holyness says:
            30 Sep30 September 20:17

            There’s a climate emergency for the London Elite except when there isn’t one cos it affects their ability to fly LOL.

        • Mike Hunt says:
          30 Sep30 September 09:33

          JJ – what a lovely description. I too feel sorry at times for those that live in London and the reduction in the quality of life they seem ever so willing to accept.

          • Brian78 says:
            30 Sep30 September 09:48

            If the quality of life is much lower in London then why do you want “levelling up”? Surely that would bring down the quality of life wherever you live?

            Bizarre.

          • The Savage Squirrel says:
            30 Sep30 September 13:33

            That only applies to London vs deprived northern post-industrial cities and towns.

            If you’re outside London with the financial ability not to live in those areas (which you do have if you can afford to own anything larger than a wheelie bin within London) then …. well you’re quite right, I don’t want to level down 😉

          • Brian78 says:
            30 Sep30 September 13:54

            “ God’s own country”

            I thought Yorkshire was god’s own country?

            They go on about it enough. Not heard anyone else be as obsessed with their county, apart from maybe Essex folk

  • Rich says:
    30 Sep30 September 08:36

    I was very happy to get £39 e/w for Jan, booked a few weeks ago.

    Paid with a voucher bought from Monese for 20% off face value.

    Do note that Eurostar fares are now flexible with no change fee up to a week before departure. Just pay the fare difference. So if you’re certain you’re traveling (but might want to change dates), it makes sense to lock in early

  • TimM says:
    30 Sep30 September 08:36

    HfP quadrouples-down on being London-centric. Eurostar is a total irrelevance to the vast majority of the UK. It takes longer to travel to London than it does to fly anywhere in Europe, including airport passing times.

    • Yona says:
      30 Sep30 September 08:41

      No worries Tim. Please let us know where you live so all the articles can be tailored to the services you use. We will also make sure no other place in the world is mentioned not to hurt your thin skin.

      Please refrain from reading the article about flights to Cleveland as it must be so non-related to your end of the world I fear it may trigger some sort of allergic reaction.

    • Jonathon says:
      30 Sep30 September 08:42

      So they should never report on any Eurostar *points* ever again because you don’t use it?

      I use neither Eurostar nor Amex points. If an article is of no relevance to me, I just don’t read it.

      Radical, I know.

    • astra19 says:
      30 Sep30 September 08:55

      Just because it’s mainly relevant to London doesn’t mean they shouldn’t talk about it!

    • Rich_A says:
      30 Sep30 September 08:58

      Hi Tim.

      Newcastle here. Eurostar not irrelevant to me

    • Brian78 says:
      30 Sep30 September 09:24

      The readers mainly live in London

      Get that chip off your shoulder

    • Brian78 says:
      30 Sep30 September 10:12

      Calling HFP London centric is like calling the Manchester evening news, Manchester centric.

    • TimM says:
      30 Sep30 September 10:53

      An interesting set of responses. To be accused of having a chip on my shoulder was the funniest. I have lived in over 40 cities, towns and villages in five countries. To point out that the North of England’s transport system has been under-invested in (at least since the 1950’s) provokes a comment such as that. When the Chunnel project was announced it defied belief that the line would terminate in London. Why not Glasgow? Those who support such stupid policies will have to live with their beliefs.

      • Brian78 says:
        30 Sep30 September 11:01

        What exactly has a lack of investment in transport in the north (I completely agree on that point) got to do with HFP?

        Should the website no longer write articles about London because of this?

        Weird.

      • RussellH says:
        30 Sep30 September 13:47

        The plan was always that trains from Edinburgh and Glasgow (as well as several places further south) would run through to Paris and Bruxelles. They would have stopped at places like Newcastle and York on the East Coast and Carlisle + Preston on the West coast, as well, of course, as in London. Rail operators assumed that people would use these trains to travel to any intermediate station, not just to non UK destinations.
        Special rolling stock was built and delivered for these services (narrower and less headroom to fit within the UK loading gauge).
        The politicians killed it because they insisted on airline style security checks before boarding, meaning that the trains could not take the passengers joining and leaving intermediately.
        Some of the trains ended up running between London + Leeds when GNER were short of trains.

        • TimM says:
          30 Sep30 September 17:46

          “The politicians killed it because they insisted on airline style security checks”

          Why do we have “airline style security checks”?

          I understand it is huge business for the airports on the airside in sales, but absolutely nothing to do with safety or security – this would be done, as in many parts of the World, before arriving at the terminal.

          One stupid policy leads to lots of stupid consequences.

          Having a short conversation with every arrivee, half a mile from the terminal is many more times effective than in-your-face mass-inconvenience. Ask Israel, they are well-experienced.

          One consequence then is that that vast majority of GB cannot board a direct train to outside GB boarders. Bonkers! I can board a train in the heel of Italy across countless boarders to the English Channel but I cannot travel from Darlington to London without border checks.

    • RussellH says:
      30 Sep30 September 11:00

      > It takes longer to travel to London than it does to fly anywhere in Europe,
      > including airport passing times.

      A few years ago I had a very comfortable day journey from Frick in Switzerland to West Cumbria – only the final 37 miles from Penrith to home was not by train (and I would have had to do that anyway were I to have flown from Manchester, Edinburgh or Glasgow, all of which require a train from Penrith).

      Yes, it was a fairly long day, with changes of station in Paris + London, but no painful airport experiences (hanging around to check in and then around a departure gate, and hanging around for baggage, wondering if it will turn up before your train leaves).

      All in all, a much more relaxing experience.

    • VerdantBacon says:
      30 Sep30 September 13:50

      Why don’t you read travel news for wherever you live then? Surely a website so “London centric” and “irrelevant” is a waste of your precious time to read.

      Maybe you can start a local travel news site of your own

      • TimM says:
        30 Sep30 September 17:56

        VerdantBacon, I am hoping a gentle nudge will help the HfP team. The entirety of the Greater London is only 13% of the UK population, let alone the wider HfP readership.

        Londoners have an unfortunate tendency of going up their own bottoms. They need to be kindly corrected.

        • Rob says:
          30 Sep30 September 18:12

          If anything we should double-down and cut anything which may deter even more Londoners with lots of money to spend on travel from reading us. The secret online now is to get into tighter and tighter niches which you then dominate.

          If we could get London professionals up to, say, 70% it would be very easy to hoover up ad money from the London apartment developers etc who have exceptionally deep pockets.

    • BlueThroughCrimp says:
      30 Sep30 September 19:20

      Dundee, and Eurostar is relevant to me.
      Points on it aren’t, as FIP and STC are available to me.

  • James P says:
    30 Sep30 September 09:10

    Can anyone please suggest the easiest way to stop a sizeable chunk of Eurostar points expiring when no travel is possible in the near term? Thank you.

    • Rob says:
      30 Sep30 September 09:13

      Transfer 1500 Amex points over. This resets the clock.

      You could also move some Avios to Qatar Privilege Club, move those to Accor Live Limitless and then move those to Club Eurostar. There is a lot of value lost there though.

    • Rich_A says:
      30 Sep30 September 09:13

      Transfer in from Amex MRs?

    • Sloth says:
      30 Sep30 September 13:53

      Can also transfer to a partners account to reset the clock

  • Susan says:
    30 Sep30 September 09:11

    Regular-ish Eurostar user (not yet enough for Carte Blanche so TGIAmex). The current sweet spot for us is the 500 pts upgrade from standard to standard prem. I just wish SNCF could get its act together and sell seats more than a couple of months in advance.

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