4,000 Or 5,000 Membership Rewards Points For Nest.com Purchase

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American Express has a new incentive for some cardholders today through their Amex Offers program. If your card has the offer, you can receive either 4,000 Membership Rewards points for making a purchase of $199 or more, or 5,000 points for a $249+ purchase on Nest.com.

A new Nest thermostat is ~$249 (they’re a bit cheaper on Amazon, but then you wouldn’t get the Amex Offer), so this isn’t something to buy on a whim, but I think it’s personally a good investment (more on that below).

Different accounts have different Amex Offers, and obviously this is only going to be extended to Membership Rewards-earning cards. I only have the offer on The Platinum Card® from American Express, but you’ll want to check the Premier Rewards Gold Card from American Express, The Amex EveryDay® Credit Card from American Express, etc.

Stack with rebates

In theory the terms state that you can’t combine this offer with any rebates, but in practice I think that means rebates directly from Nest.

Nest has a list of rebates on their site, and some of the offers through security and insurance companies seem to work by providing you with a Nest product directly. For many of the power companies, however, you receive a rebate by submitting your receipt or proof of install to the power company afterwards.

Both SDGE in San Diego (where I used to live) and Avista in Eastern Washington (where I live now) offer rebates for installing a smart thermostat.
   

We actually installed a Nest recently, and the process was easy. We received our rebate about 8 weeks after submitting our documentation.

Living with Nest

This isn’t something I’d ever thought I’d say, but I love my thermostat.

At a minimum, the fact that the Nest self-programs is awesome. And if you want to program it yourself, I guarantee it’s easier than whatever thermostat you have installed currently. Ours was vintage-1963, and I’m honestly not even sure the programming functions worked.

You can also access your thermostat from your computer, so it doesn’t have to always be your phone. The desktop interface is really nice for seeing the energy history, or for setting the schedule.

I can check the temperature from anywhere, and don’t have to worry about whether or not we left the air conditioning running if I’m making a mad dash to the airport. I can always adjust it from the plane!

I also have several “recipes” set up through IFTTT that help manage things, like automatically adjusting the temperature when I’m on my way home from the airport. It’s been really nice.

Nest Protect

If you already have a Nest thermostat, you could still take advantage of this offer by picking up a Nest Protect. These are smoke and carbon monoxide detectors that work with your Nest. The first generation products had very mixed reviews, but they’re supposed to work much better now.

Because they communicate with Nest, they can help regulate the temperature if you have many areas in your home linked to one thermostat, as we do, so I’ve been meaning to pick some up.

The Protect is pricey though, compared to a not-smart smoke detector, so this Amex Offer would take some of the sting out.

Bottom line

If you’ve been considering a Smart Thermostat, this is a great offer. And if you travel frequently, there are numerous benefits to upgrading your technology. I’ve been really pleased with mine.

(Tip of the hat to Frequent Miler)

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Comments

  1. @Tiffany. What you can do do get back the price difference between Nest.com and Amazon.com is to pay with your Citi AAdvantage card which has the PriceRewind feature, and then register your purchase with them (PriveRewind), and within a few weeks you get the price difference back. My recommendation is ALWAYS ask for a check and not a statement credit (so that you would not lose those credit card points from the purchase). I did exactly that a year ago when I bought ours.

  2. @Tiffany – They’re nice, but they’re mostly just incremental improvements over a regular thermostat, and Nest has killed them accidentally in the past (just ask any homeowner left literally freezing once the battery died around Dec 2015). Take a programmable thermostat, put in on the internet, attach some machine learning so it figures out your schedule based on your adjustments… that’s really it! Everything else is just the pretty interface, which it is pretty.

    The downside no one mentions is that Nest refuses to work with anyone but an extremely limited list of approved vendors. I think Amazon’s Alexa and Google Home support are there, but I can’t use just any tool to interact with it, which sucks. Those stupid smoke alarms would make for a *fantastic* PA system.

  3. Bummer. None of my 3 MR-earning cards have the offer.

    But just for info: Can the offer be used on ANY Next.com purchases (e.g, their cameras), not just the thermostat?

  4. Do not put a nest in your house they are a nightmare.

    Ive done HVAC controls for 15+ years, these are bad news.

    aprilaire, honeywell, and many others make a much better wifi thermostat

  5. I was thinking about just listing a Nest Thermostat on Amazon at below list price and then buying it from Nest.com only if/when it sold on Amazon and getting it directly shipped to the Amazon buyer.

    There is a $0.99 listing fee on Amazon and fee’s I expect but I would earn 5271MR (5000 bonus + 271 at 1x) for the purchase which at $0.02 each is $105 worth so there is a decent margin in there.

    I don’t understand how the tax works – could I get a rebate on the original purchase? If not then the total purchase price is $271 incl tax and currently these are being sold as low as $183 on Amazon (although list price is still $249) so there is no margin unless I list it above the lowest available price.

    After Amazon fees of 16% of sales price, I would be paid $160 if I sold at $183 – but if I listed at $220 which I think would probably still sell pretty quickly, I would get $190, and at $230, I’d get about $200. If I get the original sales tax of $20 back then that clearly makes a big difference.

    So best case scenario selling it at $230, receiving $200, I would effectively be paying $71 for 5271MR which is $0.0135 each. In any case, by not purchasing it from Nest until it’s sold on Amazon, there really shouldn’t any way to lose out on this.

    I’d be interested to hear peoples thoughts on this.

    (ground delivery from Nest direct to Amazon buyer is free so isn’t a factor in the above)

  6. I have both offers on the same Amex Platinum Card. 4K points for $199 spend and 5K points for $249 spend.

    What if I spend $249, would it trigger both offers for 9K points? Anyone done this?

    I don’t need the thermostat but maybe I can try and sell it to recoup my costs.

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