At the moment there are two fantastic new targeted offers on airfare. Specifically, there’s an Amex Offer for 20,000 bonus Membership Rewards points when you spend $1,000+ in one or more transactions with Air France by July 31, 2018.
There’s also a similar offer available for KLM purchases, and some members are even targeted for both.
Again, these promotions are targeted, though at least they seem to be pretty widely targeted, as I see them on several of my cards. The best case scenario is that you see one of the offers on The Platinum Card® from American Express, since the card offers 5x points on airfare purchases.
I value Membership Rewards points at 1.7 cents each, so that means if you have the offer on The Platinum Card® from American Express and spend $1,000, you’d earn a total of 25,000 bonus Membership Rewards points (this is in addition to the frequent flyer miles you’d earn for taking the flight as such). I value Membership Rewards points at ~1.7 cents each, so that’s like a $425 return on a $1,000+ flight booking, which is great.
As far as other terms to be aware of go, this is only valid for purchases made on Air France and KLM US websites (depending on which version of the offer you got), and the purchase must be made in USD to qualify. Furthermore, group bookings, hotel bookings, car rentals, the purchase of miles, etc., are all excluded.
Earning 20,000 bonus Membership Rewards points for $1,000 of spend with Air France or KLM is an excellent offer. This deal is even better if you get the offer on The Platinum Card® from American Express, since you can earn 5x points on airfare purchased directly with airlines on that card, for a total of 25,000 bonus points for $1,000 of spend.
For those who are Delta loyalists, this could be a great opportunity to earn some MQMs on a ticket issued by Air France or KLM. You could include travel on partner airlines on this ticket, as I see no restriction regarding which airline you can fly. The catch is that Air France and KLM will only sell you Delta tickets in some markets (like, for travel to Europe — you can’t book a domestic Delta itinerary on the Air France or KLM websites, for example).
Were you targeted for this Amex Offer, and if so, what’s your strategy for taking advantage of it?