American Express Membership Rewards now redeemable at Amazon.co.uk
Amex Amazon promo image
I just received an email from Amex, saying that MR points can now be used at checkout at amazon.co.uk. An initial click on the registration page shows that the conversion rate is £4.50 per 1000 points, with a minimum redemption of 1000 points. This works out at a rate of 0.45p per point, which in my opinion is a poor redemption rate. You can usually get at leas 1p per point (and in most cases a lot more) by using airmile or hotel point conversions.
It might be useful though if you have a few points lying around and you are about to close an MR account (presumably for churning?), as I am always buying things on Amazon.
Verdict: Don’t buy
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