Amex cardholders have saved up reward points throughout the pandemic - Business Insider

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Stockpiling reward points could position Amex well once the pandemic subsides and consumer spending picks back up in the travel and entertainment sector

new perks to allow cardholders to redeem points toward food delivery and takeout purchases, as well as streaming services.points for essential purchases like groceries and gas, and enabled rewards for charitable donations made to select organizations during the pandemic.

These offerings could help attract customers now, but beyond the pandemic customers may look to redeem rewards centered around travel as the sector picks back up—especially as coronavirus vaccine research continues toPromoting travel rewards again can help Amex, and other issuers that follow its footsteps, remain top of mind for when consumers start traveling again and help improve spending in the T&E category.

 

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