If you have an American Express credit card, you may be able to get 4,000 Membership Rewards for only $49 right now by stacking Rakuten and an Amex Offer. This brings the cost to 1.2¢ per point, far less than the value of an Amex point. Here’s how.
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Amex Offer: Spend $99 or more, earn $50 at The Motley Fool
If you look in your Amex Offers, you may have been targeted for an offer on subscriptions at the Motley Fool, a popular personal finance website. I had this offer on both my Business Platinum card and my personal Green card.
Once you add the offer to your card, we move on to Rakuten.
Rakuten: 4,000 Membership Rewards on Motley Fool subscriptions
Rakuten is currently offering $40 cashback on new subscriptions at the Motley Fool. However, if you switch your earning Membership Rewards after signing up for Rakuten, that’s good for 4,000 Membership Rewards.
Assuming you buy Motley Fool’s $99 subscription with the American Express card you added the $50 cashback Amex Offer to, that means you’re purchasing 4,000 Membership Rewards points for $49 — bringing the cost per point to 1.2¢. Valuations of points regularly give Amex points a value of 1.8 to 2 cents so this offers significant value.
Of course, to access this deal you’ll have to sign up for Rakuten if you haven’t already. But if you’re a points and miles enthusiast, you’ll find excellent value from Rakuten whether through one of their regular 10-20% cashback offers on popular merchants, signing up for the AARP, or offers like this one.
After signing up, simply click through to the Motley Fool on Rakuten and you’ll be transferred to the site after a notification that your cashback is active.
Bottom line
Signing up for Rakuten offers great value for points and miles enthusiasts to earn extra Amex points on everyday spending with major retailers and websites. Right now, by stacking an Amex Offer for subscriptions to the Motley Fool and Rakuten cashback for subscriptions, you can buy 4,000 Membership Rewards points for $49 — an excellent value with a cost per point of 1.2¢.
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