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.
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
Average Point Value
Value of 1,000 Points
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
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 by logging in to your online account and clicking 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 100,000 points for spending $6,000 in the first 6 months. Plus, you earn extensive ongoing spending-based rewards: 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.
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.
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