American Express has launched a new limited-time rewards offer for eligible Card Members, giving them an opportunity to get more value from their Membership Rewards points. Under this offer, customers can earn back up to 50% of the points they have already redeemed, making it more rewarding to use points for everyday spending.
The offer is available from June 18 to July 18, 2026, and users can redeem these points for a range of redemption options, including shopping, paying for purchases, and covering statement charges. With this campaign, American Express is encouraging cardholders to actively use their accumulated points instead of letting them sit unused, while also rewarding them with bonus points for doing so.
Earn Bonus Points on Redemptions
Under this limited-period offer, eligible Card Members can receive up to 50% of the Membership Rewards points they redeem back as bonus points, with the total bonus capped at 1 lakh Membership Rewards points during the offer period. Typically, 1 Membership Rewards point is worth ₹0.25 when used for eligible redemptions. However, under this promotion, the value of points can increase depending on the number of points redeemed.
The promotion allows customers to make use of their existing points balance while also receiving additional value in return. Whether points are used for shopping, paying for purchases, or covering statement charges, members can replenish some of the points they spend. For cardholders who have accumulated a good amount of rewards balance, the offer provides an opportunity to redeem points for everyday expenses without completely depleting their rewards account.
Bonus Reward Structure
- If the user redeems 30,000 to 69,999 Membership Rewards Points, they receive 30% of the points back, increasing the effective value from ₹0.25 to ₹0.35 per point.
- While redeeming 70,000 to 99,999 Membership Rewards Points, the user will receive 40% of the points back, increasing the effective value from ₹0.25 to ₹0.41 per point.
- If the user redeems 1,00,000 or more Membership Rewards Points, they are going to receive 50% of the points back, increasing the effective value from ₹0.25 to ₹0.50 per point.
Multiple Ways to Use Membership Rewards Points
Card Members can take advantage of the offer in several ways. Customers can use Membership Rewards points while shopping online by selecting the “Use Your Points” option during checkout, pay for eligible purchases by covering statement charges through their account, or redeem points directly at participating retail stores.
Bottom Line
The limited-time offer from American Express gives Card Members a strong opportunity to get more value from their Membership Rewards points. By offering up to 50% points back, the offer encourages users to redeem their rewards instead of saving them for later.
With flexible usage options across shopping, bill payments, and statement credits, the offer makes it easier for customers to use their points in everyday life while still earning additional benefits.