The best way to use Amex points is for travel or gift cards. American Express Membership Rewards points tend to be worth 1 cent per point when redeemed for travel or certain gift cards through the American Express Membership Rewards portal, while other redemption options are typically less valuable. Depending on the card, you may also be able to transfer your points to Amex’s airline and hotel partners. All the partners’ loyalty programs have different point values, so some are much more worthwhile than others.
American Express points are worth 0.67 cents, on average. It’s important to note that the best way to use Amex points isn’t standard across all credit cards, as some cards offer more value for certain redemption options than others. The easiest way to find out how to get the most value for your Amex points is to use Amex’s online rewards calculator.
Here's how to choose the best way to use Amex points:
Under "Membership Rewards Points are worth," choose the number of points you wish to convert.
See the dollar-value of your points for several redemption options: "pay with points at checkout" with various merchants; gift cards; cover card charges with statement credits; book or upgrade travel; transfer points to travel partners, or go shopping in an online mall.
American Express points are worth 0.67 cents per point, on average. The value of American Express points depends on how you choose to redeem the points. For example, points from American Express are worth up to 0.77 cents each when redeemed for travel through the Membership Rewards program, and they are worth 0.6 cents each when redeemed for cash back. … read full answer
American Express Points Worth by Redemption Method
Tips for Maximizing the Value of American Express Points
Redeem Points for Travel.
American Express points are worth the most when redeemed for travel.
Redeem American Express points regularly.
American Express points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won't get to enjoy the fruits of your spending if you don't redeem.
Keep your account in good standing.
If American Express closes your account because of a failure to pay the bill or fraudulent activity, you'll lose any unredeemed points you have saved. And if you pay late, you might have to pay a fee to get back the points from that billing period.
Redeem before closing your account.
Any points you don't redeem before closing your account will be lost, unless you keep another American Express credit card account open.
50,000 American Express Membership Rewards points are worth up to $500, depending on how the points are redeemed. To get maximum value from your 50,000 Amex points, redeem for certain gift cards or travel packages through Membership Rewards.
Depending on the redemption method, the value of 50,000 Amex rewards points ranges from $250 to $500. The average value is $325, as each Amex point is worth an average of about 0.65 cents.… read full answer
You can redeem your American Express rewards by logging in to your account and choosing the option best suited for your needs.
American Express rewards can be redeemed in the form of statement credit, certificates and gift cards or credit for online shopping. You can even transfer your points to other loyalty programs, depending on your … read full answercard.
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