Amex MR points to credit promo: 1000 points = $12.50 tll Aug 31.

[FLA]

American Express has a hot promo for using MR points for credit: 1MR point = 1.25 cents. If you already received the the 20k bonus points it is good time to redeem the points for $250. You can directly use your Amex membership points to pay for any purchases you do with the Amex gold rewards card. This is the first time of this kind of promo by Amex. So if you have MR points, go online to redeem for credit. It is very simple and it reduces your credit card account balance instantly. If you do not have this card, better to get one (you can click the link in my signture to apply). It is 20k bonus points and first year free. You should be able to get the bonus points before the promo ends.