Amex 50,000 MR point promotion & How much is an MR point worth? | Australian Frequent Flyer
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Amex 50,000 MR point promotion & How much is an MR point worth?

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serfty

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Amex have a promotion currently with a daily prize of 50,000 MR points. Each use of your Amex card score an entry for that day.


More here: American Express

Looking at the promotion's Terms and Conditions, I noted the following:
6. There will be 92 daily prizes of 50,000 points to be given away.
...

11. Total maximum prize pool is valued at up to A$55,200.
So that's 4,600,000 being (nominally?) valued at up to AUD55,200.

A couple of quick calculations gives the following values:
  • 83.33 points per AUD, and
  • 1.2 cents per point
 
Credit cards which earn frequent flyer points is a popular way to earn frequent flyer points. You can receive thousands of points on everyday spend. And, many of these cards offer generous signup bonuses! Compare to find the credit card that best suits your needs.

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