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American Express Lets Blue Cash Cardholders Redeem Reward Dollars Into a High-Yield Savings Account at 1:1

American Express now lets Blue Cash cardholders redeem Reward Dollars as deposits into an Amex High Yield Savings Account, and Graphite Business cardholders into Business Checking. Redemptions are 1:1 with no minimum, with automatic redemptions planned for 2027.

Oct 29, 2026 · Doctor of Credit

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Oct 20, 2026

Airlines Travel Weekly Australia

Velocity Frequent Flyer Becomes First Australian Airline Program to Convert ShopBack Cashback to Points at 50 per Dollar

Virgin Australia's Velocity program has partnered with ShopBack, converting each $1 of cashback into 50 Velocity Points with no fee. Australia is ShopBack's second market for frequent flyer conversion after Hong Kong.

#ShopBack #Velocity #Virgin Australia #cashback #points conversion