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This Valentine’s Day credit card issuer American Express has come up with a new offer on gift vouchers on its Membership Rewards catalogue. American Express cardholders can redeem their Membership Rewards Points for gift vouchers from some of the leading brands including the likes of Amazon, Myntra, Pantaloons, Archies, and more at a higher redemption rate. The offer is valid till Valentine’s Day, i.e. 14th February 2022, or until the stocks last (whichever is earlier).
AmEx Valentine’s Day Offer Details
Under this Valentine’s Day offer, American Express credit cardholders can get a higher value for their Membership Rewards Points for redemption against shopping vouchers from select brands on the Membership Rewards Catalogue. The monetary value of Membership Rewards Points for redemption against shopping vouchers is between Rs. 0.25 and Rs. 0.33 (different value for different brands).
| The Offer | Membership Rewards Points redemption option for shopping vouchers from leading brands (see list of brands below) |
| Monetary Value of Membership Rewards Points for redemption under this offer | Rs. 0.25 to Rs. 0.33- different for different brands (more details below) |
| Offer Validity | till 14th Feb 2022 or until the stocks last (whichever is earlier) |
List of Partner Brands
You can redeem the Membership Rewards Points on your AmEx credit card against shopping vouchers from select fashion, gifting, jewellery and home decor brands under this offer. The list of all the brands available under this offer, along with the redemption rate of the Membership Rewards Points is as follows-
| Brand | Value of Membership Rewards Points |
| Fashion Brands- Vero Moda, Central, Pantaloons, Westside, Myntra, Shoppers Stop | Rs. 1,000 for 3,000 Membership Rewards Points |
| Gifting- Archies, Ferns N Petals, Amazon | Rs. 1,000 for 3,900 Membership Rewards Points |
| Jewellery- Kalyan, PCJ, Tanishq | Rs. 1,000 for 3,000 Membership Rewards Points |
| Home Decor- Home Center | Rs. 1,000 for 3,000 Membership Rewards Points |
Apart from the aforementioned offer, the existing benefit of up to 5x Membership Rewards Points via Reward Multiplier shall continue.
Bottom Line
If you are an American Express credit cardholder and are planning to buy a gift for your someone special this Valentines, you should definitely avail of this offer and redeem the Membership Rewards Points on your AmEx credit card as you are getting a decent monetary value of up to Rs. 0.33 (per Point) of the Membership Rewards Points. HDFC Bank is also offering an instant discount on Instant Vouchers from partner brands during Valentine’s week. You can check out the HDFC Valentines Day Offer here.
