Do Amex Blue Cash Everyday cash back rewards expire?

No, Amex points do not expire. Cash back and miles earned using American Express credit cards do not expire, either. However, points and other rewards can be forfeited when you close your account or when your account is closed due to inactivity. American Express will also cancel all points, miles or cash back earned during any billing period where a late payment occurs.… read full answer

Read on to learn more about when you could lose your Amex points so you can make sure it doesn’t happen.

Here’s when Amex points expire:

• Account Inactivity: Your American Express account can be closed due to inactivity – not making a purchase or bill payment for an extended period of time. When that happens, you have 90 days to redeem points before losing them. Amex doesn’t disclose a timeframe for closing accounts due to inactivity, so try to use your card regularly to keep your account active.
• Closing Your Account: Unredeemed American Express rewards will expire when you close your account. Try to redeem a couple weeks in advance so there’s plenty of time for the transaction to be processed. You can even use the rewards to pay for some of your final balance.
• Late Payments: Rewards earned during a billing period where a late payment occurs will be forfeited. You can reinstate lost points, though. Visit your account’s Points Summary page to reinstate them after bringing your account current. There’s a $35 fee for each billing period points are reinstated from.
• Returned Purchases: Points earned from purchases that are later returned get deducted from your rewards total. When you return an item purchased with points, you may receive a statement credit or a points refund. Statement credits can be converted back into points by calling Membership Rewards at (800) 297-3276.

American Express points, cash back and miles do not expire. Just be sure to use all your rewards prior to closing an American Express credit card account. Use your card regularly to keep your account active, and remember to make payments on time to keep points earned each billing period.

You can earn and redeem American Express Platinum card points by using it for purchases. With your American Express Platinum card, you’ll earn 1 - 5 points per $1 spent. To qualify for this card’s 5 points / $1 rewards rate, flights must be booked through the airline or Amex (up to $500,000 spent per year), and hotels must be booked through Amex.… read full answer

In addition, the American Express Platinum card also offers 100,000 points for spending $6,000 in the first 6 months. When you redeem American Express Platinum card points, they’re worth 0.7 cents to 1 cent each in most cases.

Here’s how to redeem American Express Platinum card points:

• Book travel through Amex. Just log in to your Amex account via the Amex travel portal, then search for the transportation and accommodations you want to book. There will be an option to pay with points at the check-out.
• Transfer points. You can actually move your points at a 1:1 ratio to 17 airline and 3 hotel loyalty programs. To do so, log in to your Amex account and choose your loyalty program. Just keep in mind that you have to transfer in 1,000-point increments.
• Get gift cards. Log in to Amex’s gift card reward page to make your selection. There are dozens of options to choose from, including restaurants, movie theatres and airlines.
• Donate. You can make a charitable donation with your rewards points by logging in at Amex’s JustGiving page.
• Amazon Shop with Points. If you connect your Amex card to your Amazon account, you can use their Shop with Points system to spend points on merchandise. But you’ll only get 0.7 cents per point using this method.
• Statement credit. You can use your points to pay for charges on your statement, at a rate of 0.6 cents per point, by logging in to your Amex account.
• Shopping. You can also spend your points toward Ticketmaster purchases (0.6 cents per point), Rite Aid purchases, Bestbuy.com, Staples.com and a few other sites (0.7 cents per point). Plus, you can use them at a rate of 1 cent each toward NYC Taxi rides.

For more redemption options and current point values, visit the Membership Rewards Points calculator website.

In addition, American Express Platinum card points do not expire as long as your account isn’t closed due to inactivity and you keep your account in good standing. Points are forfeited when losing an account, so make sure to redeem them before that.

The best way to use credit card points has been travel since 2014, according to WalletHub research. But that’s not a rule across the board. The best way to use credit card points will vary depending on what credit card you have. Your points could be worth just as much (or even more) in cash back or gift cards, so it’s a good idea to check the value of all the redemption methods before you redeem your points.… read full answer

The best way to find out what your points are worth is to log into your credit card account online, look for a rewards redemption section, and see how many points are needed for merchandise, cash back, gift cards, and travel. Then, find out how much you’d pay for those things outside of the redemption portal and do a points-to-dollars comparison. For example, if 100 points gets you 75 cents of a gift card, or $1 in plane tickets, you should go with the plane ticket.