One of the first credit card companies to provide a spending incentive in the form of travel rewards was AMEX. AMEX and travel are a natural fit as they are also one of the world’s largest travel agents. Due to the higher fees AMEX charges merchants cardholders can benefit from travel rewards that other credit card programs cannot rival. There are various options for the Membership Rewards program including:
Choices Membership: Rewards Choices allows you to redeem your rewards points against a wide variety of travel choices, gift cards, home and electronic products, and personal products. You can also use the points to help pay off the balance owing on your AMEX card. Among the special Amex travel rewards you get with this option is TravelKey, where your points can be redeemed for travel through Travelscene American Express and for accommodation rewards throughout Australia and the Asia Pacific region.
Ascent Membership: Rewards Ascent gives you the benefits of Choices but with something more the option to redeem your earned Amex travel rewards points in frequent flyer and frequent guest programs partnered with American Express credit cards. This program is particularly useful for frequent travellers, giving you access to Amex travel rewards partnerships with many frequent flyer programs like Qantas Frequent Flyer, Velocity Rewards of Virgin Blue, and several other airlines.
Spirit: The Membership Rewards Spirit program is exclusive to American Express Qantas Corporate and Business accounts. The Amex travel rewards you earn under the Spirit program may be transferred to the Qantas Frequent Flyer program, 1 point for 1 Qantas Frequent Flyer point. Once the transfer is completed, you may then use your points with any of Qantas’ partners in the oneworld alliance. Alternatively, you may transfer the Amex travel rewards points to a frequent guest program partner hotels (Hilton HHonors, Priority Club Worldwide and Starwood Preferred Guest).