Just wanted to remind you of this highly underrated transfer option in Amex Membership Rewards program. As you may or may not know, through 12/31/2016 you’ll get a 50% bonus on transfers to Plenti. Chuck at Doctorofcredit has put together a post on some decent options, like Macy’s and Exxon Mobil You can transfer a minimum of 500 MR points, and in exchange you’ll get 750 Plenti points. Note: On December 31st of each year, any Points that are at least two years old will expire.
So, back to Chili’s. I like the restaurant OK, and my husband loves it. When I saw that this chain became a Plenti partner, I wanted to investigate it further. Is the juice worth the squeeze? Well, it appears that if you play your cards right, you’ll get $7.50 out of 500 MR points, as long as you make your transfer before the end of the year. So, each Plenti point would be worth a cent.
There is a minimum of 200 Plenti points per each Chili’s order, but there is no maximum. So, basically, you can cover your entire check if you want to. Update: My reader Joel has mentioned that you can’t use Plenti points to cover tip or alcohol.
Here are the terms from Chili’s website:
You can join Chili’s+Plenti rewards program and add your Plenti account number online. This will allow you to use Plenti points towards To-Go orders. Easy peasy.
Here I transferred 4,000 MR points to Plenti account, which resulted in 6,000 points. I can use them towards $60 worth of Chili’s food.
You’ll have to go to this Amex page in order to perform the transfer, scroll all the way to the bottom:
There you will have a link to join Plenti program if you are not yet a member.
Is this a good deal?
It really depends on whether you like Chili’s. Let’s compare this option to buying discounted gift cards on Gfitcardgranny. You can get those at 13% off. So, yes, this transfer option will yield a better discount. It also depends on your plans for MR points. Will you be better off saving them for flights?
And of course, Plenti has other partners like Exxon Mobil, At & T, and Macy’s. Either way, I strongly recommend you at least investigate this option due to current 50% transfer bonus. I think I made a good “sale” when it comes to my MR stash. Chili’s, here we come!
Leana is the founder of Miles For Family. She enjoys beach vacations and visiting her family in Europe. Originally from Belarus, Leana resides in central Florida with her husband and two children.