Redeem Amex Points for Gift Gift Cards with 20% Discount

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Redeem Amex Points for Gift Cards

Redeem Amex Points for Gift Cards with 20% Discount

American Express is offering a discount of 20% when you redeem Membership Rewards points for select gift cards. The offer could be targeted, so the discount might not show up on all accounts.

The Offer

  • Gap (20% off):
    • $10 – 800 points
    • $25 – 2,000 points
    • $50 – 4,000 points
    • $100 – 8,000 points
  • Home Depot (20% off):
    • $25 – 2,000 points
    • $35 – 2,800 points
    • $50 – 4,000 points
    • $100 – 8,000 points
    • $500 – 40,000 points
    • $1000 – 80,000 points
  • iTunes (20% off):
    • $10 – 941 points (was 1176 points)
    • $25 – 2,353 points (was 2941 points)
    • $50 – 4,706 points (was 5882 points)

Offer must be redeemed between 6/3/19 and 7/31/19. You can see the options here.


This is not the best way to redeem your Membership Rewards points. But, if you have more than you can use on travel, or not enough, and want to cash them out, this could be a useful option.

Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


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