BestBuy to redeem American Express loyalty points

American Express (AXP) and Best Buy today announce the launch of a new e-commerce technology integration that enables U.S.Card Members enrolled in the Membership Rewards program to seamlessly use their points for online purchases on BestBuy.com.

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Starting today, Card Members can use their Membership Rewards points for all or part of each online purchase and either pick it up in one of Best Buy’s stores or have it delivered to their door.

“Our Card Members love shopping at Best Buy and we wanted to provide them with more value, choice and flexibility each time they check out,” said Leslie Berland, executive vice president, Global Brand, Marketing & Digital Partnerships at American Express. “We worked closely with Best Buy to integrate this seamless experience that further enhances the utility of our world-class Membership Rewards program in a powerful, new way.”

“In our stores and online at BestBuy.com, our customers expect choice and flexibility from us on how they pay for and receive the consumer electronics they want,” said Mary Lou Kelley, president of e-commerce at Best Buy. “We are excited to partner with American Express and allow Card Members the ability to convert their Membership Rewards points into the latest and greatest consumer electronics products and services.”

American Express’ unique technology enables eligible Card Members to easily use Membership Rewards points for all or part of their BestBuy.com purchases, and allows them to check their Membership Rewards points balance before they check out on BestBuy.com. There are no codes or registration needed. Best Buy also offers all customers shopping on BestBuy.com – including Card Members who choose to use points for their purchase – the option to get their purchases quickly with same day pick-up in store, as 70 percent of Americans live within 15 minutes of one of Best Buy’s 1,400 U.S. locations.

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