AMEX Points Value

AMEX Points Value Calculator

Use the AMEX Points Value Calculator to calculate the average cash value of your Membership Rewards Points based on the value of each listed redemption. You can enter any amount of Membership Rewards Points in the calculator below.

AMEX Points Value Calculator Enter any amount of AMEX Points to see the cash value for each redemption. AMEX Points
Transfer To Partners ~1 Cent+	~$0+
AMEX Travel, Webjet, Helloworld 0.5 Cents	$0
Gift Cards 0.5 Cents	$0
Ticketmaster, David Jones 0.5 Cents	$0
Use Points For Purchases 0.5 Cents	$0

These are the average cash values for Membership Rewards Points when used for travel, gift cards, and other redemptions at a value of 0.5 cents per point:

AMEX Points Average Value - Most Redemptions

AMEX Points	Cash Value (AUD)
1,000 Points	$5
2,000 Points	$10
5,000 Points	$25
10,000 Points	$50
20,000 Points	$100
50,000 Points	$250
100,000 Points	$500

Other Redemptions

In addition to booking travel, you can use your Membership Rewards Points towards gift cards, checkout at certain retailers, and to cover charges made to your AMEX card. All of these redemptions will give you the same value of 0.5 cents per point.

Gift Cards

Membership Rewards Points can be redeemed towards gift cards for a value of 0.5 cents per point. You have more than 30 gift cards you can choose from which includes Amazon, BP, David Jones, Apple, Uber, and more. The denominations will vary depending on the gift card, but most feature your standard $25, $50, and $100 denominations. Most options allow you to redeem for an e-gift card or a physical gift card. The table below lists the costs for the different denominations.

AMEX Points Value - Gift Cards

Value	Points Needed
$15	3,000 Points
$25	5,000 Points
$50	10,000 Points
$100	20,000 Points
$250	50,000 Points
$500	100,000 Points

Use Points For Purchases

You can apply Membership Rewards Points to cover just about anything that you charge to your card at a value of 0.5 cents per point. Once a transaction posts to your account, you can redeem them starting at a minimum of $1,000 Membership Rewards Points which is worth a $5 credit.

Ticketmaster

You can redeem your Membership Rewards Points towards purchases made at Ticketmaster for a value of 0.5 cents per point. Redemptions start at 2,000 points which will give you a $10 credit with Ticketmaster.

David Jones

You can redeem your Membership Rewards Points for purchases made at davidjones.com.au for a value of 0.5 cents per point. You must redeem a minimum of 3,000 points which is worth $15 worth of goods.

Transfer Points To Partners

Membership Rewards Points can be transferred to up to 12 partners consisting of airlines and hotels. The transfer ratio for most partners are 2:1 meaning that transferring 2,000 Membership Rewards Points will give you 1,000 miles/points with most partners.

Transferring your points to AMEX's airline partners will usually give you the best value over all the previously mentioned redemptions. 2 Membership Rewards Points, worth 1 cent on average, can be transferred to 1 airline mile which will typically give you more than 1 cent in value depending on the redemption.

Let's look at a simple example of a flight between Perth and Brisbane. The cash cost of the flight in November is $346 while the cost in Velocity Points is 18,600.

18,600 Velocity Points would be equal to transferring 37,200 Membership Rewards Points. So if you would be effectively redeeming 37,200 Membership Rewards Points for a $346 flight which would give your points a value of 0.93 cents each which is significantly better than 0.5 cents from all other redemptions. And this is just the low side. Some first/business class redemptions with AMEX's partners can give your points values of 2 to 3 cents or more.

You can use the AMEX Transfer Partners Calculator to calculate the transfer of AMEX Points to their airline and hotel partners.

Summary

Most redemptions with AMEX will give your Membership Rewards Points a value of 0.5 cents per point. This means that cards like the AMEX Platinum and AMEX Explorer will give you 1% to 1.125% cash back on most purchases. You can up the value of your points as well as the value of your Membership Rewards Credit Cards when transferring your points to AMEX's airline and hotel partners. This gives you the ability to get a 2% or more return on your spend which is quite nice.