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With so many new credit card enhancements, it's hard to make sense of it all. I wanted to take a moment to show you how to stack a recent addition with other current offers to buy a pair of Bose headphones for up to 75% off the retail price—while earning thousands of Membership Rewards points from doing so.
Amex Offers are a great way of getting cash back or bonus points for making purchases with certain retailers. Many cardholders of The Business Platinum Card® from American Express are finding a slew of new Amex Offers in their accounts. There are two for Dell for which you'll want to take note:
- Get 10% back, up to $1,500
- 4X additional Membership Rewards points
While these Amex Offers may be found on several American Express credit cards, there's a reason to activate them using a Business Platinum Card. The Business Platinum Card typically offers a statement credit for Dell purchases of up $100 between January and June and another $100 between July and December. However, to help offset some of the pain of COVID-19, American Express has added an additional $100 statement credit for both May-June and July-December:
Also, you can take advantage of shopping portal offers to get even better value. These offers can really add up and was an integral part of how I earned 9,700 points from one day of online shopping.
By using Cashback Monitor, we can see that Rakuten has had many increased payout offers for Dell of between 8-15% Cash Back. As recently as February 2020, Rakuten (formerly Ebates) offered 14% Cash Back
Rakuten Cash Back can now be transferred into American Express Membership Rewards Points. That each percent returned equates to 1X. Therefore, 15% = 15X Membership Rewards (MR) points.
Currently, Rakuten is offering a birthday celebration offering 10% Cash Back (or 10X Membership Rewards):
If you haven't signed up for Rakuten yet, you can sign up through a referral link to get $30 Cash Back (3,000 Membership Rewards points) after making just $30 in purchases in the first 90 days. But hurry, this offer ends May 11.
Putting the Offers Together
Now let's walk you through how to stack these offers to get a great pair of Bose headphones for way less.
The Bose QuietComfort 35 wireless headphones II are a great pair of headphones, with a $349 price tag to reflect that. You can buy these headphones through Dell at $299 before tax.
By clicking through Rakuten before making your purchase, you can earn 10X Membership Rewards points on this sales price. That's 2,990 Membership Rewards points earned through Rakuten.
Tax (for me) is $21.68 bringing the total to $320.68. The Business Platinum Card earns 1X points on Dell purchases, but the Dell Amex Offer adds another 4X points for a total of 5X. That means you'll earn 1,603 points from the purchase.
However, don't forget about the other Amex Offer for 10% savings. The Amex Offer is based on the amount charged to your card. In my case, I'd get a 10% statement credit on the $320.68 charge for $32.07 cashback.
After the $200 in Dell credits, this purchase would only set me back $88.61. That's not bad for these great Bose noise-canceling headphones! But, it gets even better. After adding up the points you earn through Rakuten and through the Amex Offer, you'll earn 4,593 Membership Rewards points.
Based on my average redemption value, these 4,593 Membership Rewards points are worth nearly $140 in value toward future travel. But even if you value Membership Rewards points at 2 cents each, that's equivalent to getting $91.86 in points for spending $88.61 out-of-pocket and getting a great pair of headphones to boot.
Bose Noise Cancelling Headphones 700
You can also do this same stacking with Bose's latest and greatest noise-canceling headphones. These start at a $399 price tag, but you can buy them through Dell at $349 before tax, or $374.30 after tax in my case.
Clicking through Rakuten at 10X would earn you 3,490 Membership Rewards points, and I'd earn another 1,871 points on my Business Platinum Card after the Amex Offer for 4X bonus points from Dell.
The 10% cashback Amex Offer would yield a $37.43 statement credit and the Dell credits would be maxed out at $200. That means the final out-of-pocket would be just $136.87 while earning 5,361 Membership Rewards points.
If you happen to find yourself in the market for a new pair of headphones, you can pay just a fraction of the retail price, plus earn thousands of Membership Rewards points in the process! After stacking these offers, the net out-of-pocket cost for the headphones is nearly equivalent to the points you'll earn, making this an absolute steal.
Will you be taking advantage of these offers?
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