Now through August 31, 2007, American Express is offering a deal on hotels. Simply buy $500 worth of AmEx traveler’s cheques, and you’re eligible for $500 worth of hotel savings. The initial discounts range from 10-50% off the rack rate. Now, we all know that none of us every pays the rack rate, right? It’s still a good deal because your $500 savings account gets used on top of the discounted rate. Let’s say that the Hyatt in your area is offering AmEx holders a 20% discount through this promotion, bringing a $250/night room down to $200. Hotels in the … Continue reading →