Amex Points Can Now Buy Jerseys. Read the Fine Print Before You Transfer

American Express just added a place to send your points that has nothing to do with flights or hotels, and the offer looks simple on purpose. Simple is not the same as good value, and one rule in the fine print makes this a decision you cannot undo.

What happened

Plane n Simple reported the November 9, 2026 launch, verified against Amex Membership Rewards transfer partner page on November 10. Transfers run in 1,000 point increments, from a 1,000 point minimum up to 999,000 points, with an estimated transfer time of up to 48 hours. FanCash is store credit for Fanatics sites including Lids and Topps. It is not cash, it cannot be transferred to someone else, and it expires 365 days after your last qualifying activity. The upcoming Fanatics card earns FanCash, not Membership Rewards, and its cardholder agreement shows a purchase APR range of 19.74 to 34.24 percent variable.

What this means for you

Membership Rewards points are valuable because they are flexible. The same points can move to airline and hotel partners, where their value swings with the booking. FanCash locks every point at exactly 1 cent, spends only at one retailer, and starts an expiration clock. That can still make sense for a small leftover balance you were about to lose, spent on gear you were buying anyway. For a large balance, it trades away your best options for a fixed price that rarely wins.

What to do next

Before any transfer, price the same points as a flight or hotel booking so you know what you are giving up. If you do transfer, do it right before checkout, not months ahead, and only transfer the amount you are about to spend. And read any new card offer the same way: a store credit bonus is only worth its face value if you would have spent that money at that store anyway.

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