When you’re deciding which points to earn through credit card spending, one of the best options to consider is a transferable points currency. Rather than being tied to a single program, the beauty in transferable points is that you can redeem them with a variety of partners.
In Canada, American Express Membership Rewards is the most flexible points currency, since it provides access to six airline loyalty programs and two hotel programs. Throw in some of the best earning rates around and hefty welcome bonuses, and there’s no question that Amex MR points are worth their weight in gold.
Something to keep in mind is that the time it takes for MR points to reach your airline or hotel loyalty account differs by each program. In some cases, it’s instant, while in others, it can take a few days to complete.
Transferring from American Express Membership Rewards
When it comes to flexible points currencies in Canada, the benchmark is American Express Membership Rewards, otherwise known as Amex MR. The main reason MR points are so powerful and sought after is due to their suite of transfer partners, which gives you access to six airlines and two hotel loyalty programs.
In Canada, there are seven cards that earn MR points: the American Express Platinum Card, the Business Platinum Card from American Express, the American Express Gold Rewards Card, the American Express Business Gold Rewards Card, the American Express Cobalt Card, the American Express Green Card, and the American Express Business Edge Card.
With such a diverse portfolio of cards, there’s bound to be one that suits every type of traveller.
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