Re: AMEX Explorer referral
Around 2 weeks to go to take advantage of this incredible offer!
Planning a big trip and so have signed up 2 other family members for a total of 3x cards.
To give an example of how useful these 3x Explorer cards sign-on points are, here's what we booked below. We transferred from Amex MR points->SPG->Marriott and booked 5 nights or more to maximise value with the 5th Night Free credit.
[TABLE="class: cms_table_grid, width: 800"][TR][TD="align: center"]
Location[/TD][TD="align: center"]
Hotel[/TD][TD="align: center"]
Nights[/TD][TD="align: center"]
Points Used
AMEX MR/SPG/Marriott[/TD][TD="align: center"]
Cost if Paid With Cash
(AUD)[/TD][TD="align: center"]
Redemption Value
(AUD cents / MR pt)[/TD][/TR][TR][TD="align: center"]New York[/TD][TD="align: center"]The New York Edition[/TD][TD="align: center"]6[/TD][TD="align: center"]133.3k/66.7k/200k[/TD][TD="align: center"]$4,061.79[/TD][TD="align: center"]3.05c/pt[/TD][/TR][TR][TD="align: center"]Cancun[/TD][TD="align: center"]JW Marriott Cancun[/TD][TD="align: center"]5[/TD][TD="align: center"]106.7k/53.3k/160k[/TD][TD="align: center"]$2,267.58[/TD][TD="align: center"]2.13c/pt[/TD][/TR][TR][TD="align: center"]Tokyo[/TD][TD="align: center"]Prince Sakura Tower[/TD][TD="align: center"]5[/TD][TD="align: center"]106.7k/53.3k/160k[/TD][TD="align: center"]$2,989.90[/TD][TD="align: center"]2.80c/pt[/TD][/TR][TR][TD="align: center"]
[/TD][TD="align: center"]
Total[/TD][TD="align: center"]
16[/TD][TD="align: center"]
346.6k/173.3k/520k[/TD][TD="align: center"]
$9,319.27[/TD][TD="align: center"]
2.69c/pt[/TD][/TR][/TABLE] With 3x Explorers, we got 3x sign-on bonus of 110k + 2x referral bonus of 20k = 370k total MR points. With these redemptions, I value each card's 110k sign-on bonus at $2,959 of value! With 2MR points/$ for ongoing spend, we're getting an average of 5.38c per $ back in hotel booking value too.
We'll spend the 3x $400 of travel credits on internal flights and tour bookings, nullifying the annual fees. Travel insurance and smart phone screen insurance are just added bonuses. Let alone the ongoing Amex statement credit offers which we used to get $300 back on a recent $700 wine purchase for a party amongst others!
We'd never be able to afford to stay in such nice hotels if it wasn't for these Explorer cards. Many thanks AMEX for such a great product and helping soften the cost of the Wedding!
Feel free to use my sign-up here: http://amex.com.au/refer/eliismEjw3
Disclaimer
: You get 110k MR points, I get a 20k referral reward