BEST Ways To Use Amex Points for MAX VALUE – Waller’s Wallet

by YouTube Team

With American Express offering huge bonuses on the Amex Platinum and Amex Gold, there are going to be a lot of people with a ton of Membership Reward points and wondering how to redeem their Amex Membership Reward points for travel. And Amex MR points offer a lot of value, but they take a lot more work to learn and use compared to programs like Chase Ultimate Rewards. And even for people looking to use these points for non-travel redemptions, there is even a few options like the Amex Amazon Promo.

ANA Around the World Rules:

00:00 – Start
00:32 -Amex Point value
1:36 – ANA Around the world
3:29 – ANA business class to Europe
4:34 – Virgin Atlantic Delta One
6:00 – Fly AA using Etihad miles
7:12 – British Airway Avios for AA
8:06 – Hawaii using Krisflyer miles
9:11 – Amex Amazon Promo
10:16 – Buy Gift cards with Amex points
11:52 – Final Thoughts

☕️ Cash App –
🔥 Waller’s Wallet YouTube Channel Member:
🎧 Listen to the Waller’s Wallet Podcast:
➡️ Get early access to Podcast:

📈 WeBull Free Stock:
📈 Robinhood Free Stock:
💵 Get Easy Money Signing Up For Sofi Money:
👕 Waller’s Wallet Merchandise:
📰 Subscribe to my newsletter:

Support Waller’s Wallet when shopping at Amazon:

My Camera Equipment:
Canon M50:
Lighting:
Main Mic:
Shotgun Mic:
Switchpod Tripod:
Colored Background lights:
iPad Pro:
Magic Keyboard:

Airbnb – Get $40 off your first booking-
Rakuten – Get $10 when you sign up –

Social Media:
FaceBook Group:
Twitter:
Instagram:

Advertiser Disclosure: Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

source

Related Articles

Leave a Reply

49 comments

Market Analysis November 20, 2020 - 6:42 pm

So here's a little fun fact. Right now, the Platinum is offering 10X for gas/groceries. A round trip DeltaOne Virgin Atlantic point booking to Europe is 100k miles, or sometimes $10,000. Thats 10 cents per point. Thus, currently gas/groceries is offering a 100% "return" on spend for gas/grocery purchases through Virgin Atlantic DeltaOne.

Reply
SIMESH TUBE November 20, 2020 - 6:55 pm

I am coach flyer please do video for that

Reply
Mark Plymale November 20, 2020 - 7:18 pm

Amex travel portal is 🗑🗑🗑

Reply
Jockstraps Save Lives November 20, 2020 - 7:19 pm

The Waller's Wallet channel remains so underrated. Why don't you have 100K subs?!

Reply
pezdacandyboi November 20, 2020 - 7:20 pm

Nice video overview. Can you do a deep dive into it? For example which airline is good for specific destinations
and how to find and book the good deals? Amex does seem more complicated than chase where I have aboutn400k pts

Reply
Mondragon Reports November 20, 2020 - 7:48 pm

I just cashed out 260,000 MR points to my Schwab account. It felt good maxing out my Roth IRA early

Reply
Mr. Berry November 20, 2020 - 7:59 pm

Another data point, flying Delta internationally to Taiwan 🇹🇼 gets $0.025 to $0.03 per point. Me and my wife enjoyed a business class trip to Taiwan nearly free (minus taxes) from our accumulated MR points.

Reply
Zachary Raper November 20, 2020 - 8:17 pm

Great vid quality content and balanced view expressed in the closing comments

Reply
Joseph Gulledge November 20, 2020 - 8:24 pm

Great video, you explained a lot and gave me more to consider! I don't know how to use MR points to get the best redemptions yet but I am willing to learn. My biggest worry is missing out on this huge sign up bonus. I'm over 5/24 so that isn't a concern for me but if I got the plat card it would only be my second AMEX but my first MR card. I don't see myself traveling a good bit for atleast another six months. Too many restrictions even if you can find somewhere that's open. I don't want to just sit on a bunch of MR points for long either though with a $550 annual fee. Do you think they will allow us to use the airline credit for other items again in 2021 or probably not?

Reply
Michael November 20, 2020 - 8:46 pm

New Amex user and know the Rakuten benefit is one benefit to earn MR. Is it still that you have to be a new Rakuten member (aka sign up with a different email)? Or can you add to get MR points to an existing account?

Reply
Perla Diaz-Olivas November 20, 2020 - 9:02 pm

Gonna try to pull a Hawaii trip sometime next year… looking forward to using these Chase and Amex points!

Reply
Perla Diaz-Olivas November 20, 2020 - 9:17 pm

Does Amex notify you about the Amazon promotions?

Reply
lewis20002000 November 20, 2020 - 9:35 pm

Well done Waller, I do need to complete my AMEX education, I know it's lacking and that's why I have just been hoarding except for an SPG promotion a while back, it was a steal…lol. Thanks bro.

Reply
Christopher Walken November 20, 2020 - 10:29 pm

Just be like Brian Jung…get a ton of Amex points but never spend them because you don't know how 🙂

Reply
jeff chung November 20, 2020 - 10:58 pm

Aloha WW, is it better to do a ANA round the world from hawaii going west or east ? Is booking easier in either direction?

Reply
T. Nishimoto November 20, 2020 - 11:52 pm

I transfer my points from my Amex Platinum and Gold cards to my Hilton Honors.. it comes in very handy when I go to Vegas.

Reply
Ricky Rodriguez November 20, 2020 - 11:55 pm

I got lost in this video lol I still don’t get it

Reply
Andrea Rinderknecht November 21, 2020 - 12:00 am

Awesome!!!!

Reply
Jackson Trigg November 21, 2020 - 12:15 am

Another great vid! BUT DUSTIN! DID YOU SEE THE NEW HYATT CARD OFFER? just got an email 50k for $3k spend in first 3 +25k for $6k spend in first 6…sounds like chase isn't expecting hotel biz to boom again anytime soon… I'm 4/24 and was first thinking freedom flex.. But now this hyatt deal might be better value…

Reply
Mark Hammer November 21, 2020 - 1:25 am

Lots of great information, thanks as always Dustin!

Reply
César November 21, 2020 - 2:37 am

Great informative video. Lots of options available, once this pandemic passes I will definitaley look into many of these travel posibilities. Thanks !!!

Reply
cheddaface November 21, 2020 - 2:55 am

Do this for capital one Miles

Reply
RF Finances November 21, 2020 - 3:48 am

Very useful video since I'm one of those people who just got a Gold card for the sign up bonus.

I'm mainly interested in domestic flights, so I think the transfers to Delta may be best for me, but I'm not sure how much value I'll get there. Though I'm looking into doing a trip to Japan with some friends so I'll come back to this video to see how I can use points to help pay for that. I do wish it was more straightforward to get value out of MR points though. But at least there's information out there to figure it out.

Reply
Xiao Liang November 21, 2020 - 4:20 am

lol Dustin is expert on airline flight guys miles and points guy!

Reply
2808 Heavy November 21, 2020 - 5:02 am

With AA ramping up their web specials I’ve noticed a significant reduction in their award availability. Avios used to be my go-to but now I’m using more AA miles which are much hard for me to earn. Grr…

Reply
2808 Heavy November 21, 2020 - 5:06 am

The reason most folks won’t get the best value for their MR point is because a lot of good redemptions require phone calls rather than just straight transfer and then book.

Reply
P Mehta November 21, 2020 - 5:45 am

I transferred 49k MR points to Iberia. Amex was offering a 40% bonus so I got just over 68k avios. Used it to book a RT flight JFK to MAD business class. But then… covid happened and the flight got canceled 😭😭😭

Reply
Rajiv Gudka November 21, 2020 - 6:56 am

Ah I missed these travel/redemption vids!

Reply
Friki_Rican (PR) November 21, 2020 - 10:53 am

Great video like always!! 💪🏽

Reply
Jsbatra November 21, 2020 - 1:06 pm

One of your best videos yet.

Reply
SolidLiquidFox November 21, 2020 - 1:14 pm

Excellent points here Dustin. Knowledge is everything in this hobby.

Reply
Mark Plymale November 21, 2020 - 1:44 pm

Hey Dustin! Do you offer memberships?

Reply
Joseph Paine November 21, 2020 - 5:21 pm

Man I miss those award travel booking demonstrations! I saved this video. Take care and keep the family safe Dustin!

Reply
robert cooper November 22, 2020 - 5:01 am

As always, the best content in the credit card game.

Reply
Cynthia Seitz November 22, 2020 - 3:46 pm

Great video..please make more like this.

Reply
Jon C November 23, 2020 - 8:48 am

Flew D1 on A350 from SEA to NRT after $400 upgrade. Was one of the most amazing experiences on a plane.

Reply
Phlegethon November 24, 2020 - 4:27 pm

Around the world to where in 2020

Reply
Giovanni Prigigallo November 24, 2020 - 4:48 pm

Hey Dustin, first of all great content!
I racked up a lot of MR points and the ANA around the world tickets sounds very attractive!
However I have two questions for you:

– Do you still rack up miles with the different airlines you are flying with?

-And regarding the example you showed in the video (7 flights), what could be the dollar amount to add to the miles when booking a business class around the world trip?

Reply
George Sarraf November 25, 2020 - 11:14 pm

New to MR points having applied for the Gold a few months ago – thanks

Reply
Kumar Kumar November 27, 2020 - 3:06 am

can I pay closing costs using Amex Platinum card? can I start using card immediately after approval?

Reply
jeff chung November 28, 2020 - 7:22 pm

When did ANA and Virgin Atl. Go separate ways?

Reply
Johnny Grace December 2, 2020 - 5:03 am

Excellent presentation and valuable content. Thank you.

Reply
Ruben Maltos December 3, 2020 - 5:34 pm

I am so glad I found your channel. You are definitely the best and more helpful credit card channel on YouTube. Thank you for all the great tips!

Reply
Lee Hernandez December 4, 2020 - 10:04 pm

Great video…. quick question….. am I wrong or did delta pull its 50k one suite awards from virgin? I can’t find em anymore. Thanks! Your videos rock!

Reply
dave yo January 1, 2021 - 4:40 pm

Had the CSW PLATINUM for a year just got the regular platinum b/c I got the 125k offer so I have 2 platinum rn… for next year what card to I downgrade to?

Reply
Divine Feminine InnerG February 2, 2021 - 4:27 am

Airbnb gift card??? do tell more

Reply
Aaron Pilkey February 13, 2021 - 6:20 pm

The best use of points is to use them to pay down your card.

It has the greatest return for your points and the best value.

Reply
Ryan I March 28, 2021 - 4:32 pm

Thanks for the great content. I’ve had a big AmEx month…..they upped my credit line on my Blue cash everyday & then offered an upgrade to Blue Cash Premier card (which I took).
I also just got approved for their Platinum card, so I’m working through 2 welcome bonuses and trying to figure out how to maximize the rewards.

Reply
elmaschingon April 6, 2021 - 4:29 pm

Another very informative and useful video.
Dustin, do u have or can u make a tutorial on booking awards flights with Virgin Delta One?

Reply