What would you do with 422 million American Express points?

Posted on July 28, 2014 by in Best use American Express Membership Rewards

Liu Yiqian, the Chinese collector who bought a Ming Dynasty ceramic cup for a record HK$281 million (US$36 million) with his credit card at a Sotheby's auction in April, got an unexpected bonus when he paid for it earlier this week… over 422 million American Express points!

If you converted your points to miles, where would you fly to? A trip or 10 with The Residence by Etihad on an A380?

For just under 20,000 estimated points, you can buy a swanky chandelier from the AmEx Rewards website. Wrap me up a few of those babies, garçon!

Mile brokers will pay up to 1.5cents/point, so Liu Yigian could actually make US$6 million back on his purchase! Would you swop your points for hard cash instead?

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