How much is 50,000 Amex points worth?

American Express Membership Rewards points are worth 0.61 cents per point, on average. The value of American Express Membership Rewards points depends on how they are redeemed. For example, points from American Express Membership Rewards are worth up to 0.76 cents each when redeemed for gift cards, and they are worth 0.6 cents each when redeemed for cash back. … read full answer

American Express Membership Rewards Point Values

Tips for Maximizing the Value of American Express Membership Rewards Points

Use This Card for Travel Purchases

You’ll earn the most American Express Membership Rewards points per $1 spent on Travel purchases. Maximizing the number of points you earn will ensure that you get the most redemption value possible at the end of the day.

Redeem American Express Membership Rewards points regularly.

American Express Membership Rewards points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation.

Redeem points for Gift cards.

American Express Membership Rewards points are worth the most when redeemed for gift cards.

Pay your bill in full every month.

The American Express Membership Rewards card’s regular APR is high enough to erode your rewards earnings if you carry a balance from month to month.

Read the rewards program rules.

Every credit card with rewards also has rules for when unredeemed earnings could be lost – usually as a result of closing your account or missing payments. Double-checking these details can help you keep every cent of rewards value you earn.

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

Popular American Express Cards

• American Express® Gold Card
• The Platinum Card® from American Express
• American Express® Green Card
• American Express® Business Gold Card
• The Blue Business® Plus Credit Card from American Express
• The Business Platinum Card® from American Express

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.

You can redeem your American Express Platinum card points either online or through the mobile app. To do so, log in to your account and click or tap the "Rewards" tab to access the "Membership Rewards" page. American Express Platinum card redemption options include travel purchases, gift cards, statement credits and more. To begin redeeming points, choose your preferred redemption method from the tabs near the top of the page.… read full answer

The American Express Platinum card offers 80,000 points for spending $6,000 in the first 6 months. Plus, you earn 5 points per $1 on flights booked with airlines or with American Express Travel (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked through Amex, and 1 point per $1 on all other purchases.

Here’s how to redeem American Express Platinum card points:

• Book travel through Amex. Just log in to your Amex account via the Amex travel portal, then search for the transportation and accommodations you want to book. There will be an option to pay with points at the check-out.
• Transfer points. You can actually move your points at a 1:1 ratio to 17 airline and 3 hotel loyalty programs. To do so, log in to your Amex account and choose your loyalty program. Just keep in mind that you have to transfer in 1,000-point increments.
• Get gift cards. Log in to Amex’s gift card reward page to make your selection. There are dozens of options to choose from, including restaurants, movie theatres and airlines.
• Donate. You can make a charitable donation with your rewards points by logging in to Amex’s JustGiving page.
• Amazon Shop with Points. If you connect your Amex card to your Amazon account, you can use their “Shop with Points” system to spend points on merchandise.
• Statement credit. You can use your points to pay for charges on your statement by logging in to your Amex account.
• Shopping. You can also spend your points toward Ticketmaster purchases, Rite Aid purchases, Bestbuy.com, Staples.com and a few other sites. You can also use them toward NYC Taxi rides.

How much American Express Platinum card points are worth fluctuates greatly based on how you redeem them. You can use the Amex Rewards Calculator to see all the American Express Platinum card points redemption values.