Now You Can Pay With American Express Rewards Points at McDonald’s
If you are an American Express cardholder and part of their rewards program, you may like the idea of redeeming rewards in real time at McDonald’s. It may seem strange but when you are hungry it will come in handy.
The pay-with-points service is expected to roll out to all participating McDonald’s U.S. locations by December 2014. Initially, though, it will be offered in New York and Chicago, and then in Phoenix and San Francisco.
After swiping their credit card at the counter, AmEx cardholders will see the option to pay with rewards points. The number of points required to cover an order will be displayed. Consumers just need to click if they want to pay with points. There are no codes and no registration needed. The whole transaction is supposed to take milliseconds. If you prefer buying food at drive-through, you can use AmEx mobile app.
The conversion rate is 100 points for $1 worth of food. It is convenient and quick, you won’t need to sit and do math.
In addition to the ability to pay using reward points for McDonald’s purchases, American Express will be donating $1 to Ronald McDonald House Charities every time a cardholder uses the service.
American Express is leveraging a big opportunity giving consumers options to choose. They want to make the experience at McDonald’s easy and convenient, and this additional method of payment offers more options to the American Express cardholders.
Latest Credit Card Rewards News
The inaugural J.D. Power Credit Card Satisfaction Study found that when it comes to choosing a credit card, it’s all about rewards. But just offering rewards isn’t enough: cardholders have to understand how to redeem them, as well.
Travelers will be able to collect more points and take advantage of more special features with the new and improved Southwest Rapid Rewards Priority card, which is offering a limited-time introductory bonus of up to 65,000 reward points. This is more than half the points needed to get a companion pass, once they’ve spent the required amount on the card.
If you’re a frequent Whole Foods shopper and an Amazon Prime member, there’s now another reason to apply for an Amazon Rewards Visa Card, if you don’t yet have one. Following the acquisition of Whole Foods by the retail giant, Amazon is offering Prime members who have an Amazon Rewards Visa Card 5% off all Whole Food Market purchases.
Sometimes it’s hard to remember to redeem your credit card rewards: an astounding percentage of cash back rewards are never used, probably because cardholders didn’t realize they even had them, or didn’t know how to redeem them.
Consumers with no credit or poor credit tend to neglect to consider secured credit cards as an opportunity to establish or re-establish their credit. The cards may look expensive and unattractive, yet they work pretty well when a need to rebuild credit arises.
