If you want to redeem miles to fly El Al, the best option is usually using Qantas miles. Qantas is a transfer partner of American Express, Citibank, and Capital One. If you’re flying El Al, it’s usually best to credit flights to Alaska Airlines Mileage Plan.
There’s very little use case for using El Al’s own Matmid Club, unless you’re trying to upgrade a paid booking or you’re based in Tel Aviv and earn status with the airline.
Nonetheless El Al has been an American Express Membership Rewards transfer partner. That relationship, however, will only be active through December 31, 2020.
El Al Boeing 787-9 On Approach At Newark, Credit: Adam Moreira via Wikimedia Commons
You’ll no longer be able to transfer points to El Al come January 1, 2021. (HT: Travel With Grant) Genuinely, this isn’t much of a loss.