Keyaira Sutton, WalletHub Analyst
@keykey
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:
- Go to the Rewards Calculator web page.
- Select your card from the drop-down menu.
- 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.
People also ask
How much are American Express points worth?
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.
American Express Points Worth by Redemption Method
| Redemption Method ... | Average Point Value | Value of 1,000 Points |
How much is 50,000 Amex points worth?
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 answerHow can I redeem my American Express rewards?
You can redeem your American Express rewards either online or through the mobile app. To do so, log in to your account and click or tap the "Rewards" tab. Redemption options include travel purchases, gift cards, statement credits, and more, depending on the card. To begin redeeming rewards, choose your preferred redemption method from the tabs near the top of the page.
How much American Express rewards are worth fluctuates greatly based on how you...
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