AmEx members can now ride NYC taxis for free.

American Express launched a partnership recently with Verifone to give card holders more ways to spend their points, allowing them to redeem points at point of sale. Instead of using AmEx reward points for flights, hotels, or merchandise, card holders can now redeem their points to pay for their NYC taxi fares.

Taxi cabs already equipped with VeriFone devices – which are screens that allow passengers to swipe and pay for cab fares via a credit card – will now extend services to AmEx members.

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