Living in New York, using Amtrak can be really convenient, especially along the Northeast Corridor. I’ve used Amtrak for trips to Burlington, VT; Boston; Philadelphia; Washington D.C.; and Utica, NY in the past year, and it’s generally less of a hassle then schlepping out to Newark, JFK, or LGA.
(READ MORE: Amtrak NYC to Boston Review)
Given that, I wanted to highlight Amtrak’s newest Guest Rewards promotion, where they are offering up to 30% extra points when you purchase points. In order to access this deal, log into your Amtrak Guest Rewards account, select the “Transfer/Buy” button at the top, and then select “Buy Points for Yourself.”
You can take advantage of this offer through February 28th, 2018, and can access the promotion here.
In order to get the maximum number of bonus points, you would need to purchase 15,000 Amtrak points, netting 19,500 points for $565.50. That’s like spending 2.9 cents per point. Unless you needed to top off my account, I would not speculatively buy points at this level. As a reminder, Amtrak lets you buy 15,000 points a year (plus any earned bonus points).
While 2.9 cents per point is close to what I value Amtrak points at, it’s still more than I would pay for points speculatively. Last year, I redeemed 35,514 Amtrak points for $912.60 worth of Amtrak travel, or 2.56 cents per point.
My recommendation would be to avoid this opportunity unless you need to top up your balance in order to make a redemption.
Header image courtesy of Amtrak Media Relations
Join the PWaC newsletter filled with credit card and travel tips
Points With a Crew has partnered with CardRatings for our coverage of credit card products. Points With a Crew and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Some or all of the card offers that appear on the website are from advertisers and that compensation may impact on how and where card products appear on the site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners and I do not include all card companies, or all available card offers. Terms apply to American Express benefits and offers and other offers and benefits listed on this page. Other links on this page may also pay me a commission - as always, thanks for your support if you use them