AMEX Points Value Australia: How Much Are Points Worth?

Rewards Value Calculator
Membership Rewards points earned with AMEX Australia are worth 0.5 cents each on average. This means 10,000 points are worth about $50 in value.
Last Updated 2022-07-13

AMEX Membership Rewards Points will have the best value when transferred to airline and hotel partners. Points can also be redeeemed towards travel, gift cards, card charges, and more.

Booking Travel

Membership Rewards Points can be used to book travel through American Express Travel, Webjet, and Helloworld. Booking through these portals will give your points a value of 0.5 cents per point.

American Express Travel

Membership Rewards Points can be redeemed on the American Express Travel Portal for flights, hotels, cruises and car rentals. Do note that you'll need to redeem a minimum of 1,000 points. You can book your travel using all points or you can book with a combination of points and an American Express credit card.

Webjet

You can redeem Membership Rewards Points towards flights with Webjet which gives your points a value of 0.5 cents per point. You can redeem 20,000 Membership Rewards Points for $100 worth of travel.

Helloworld Travel

You can use your Membership Rewards Points to book travel through Helloworld. This is done by visiting a local Helloworld Travel branch in-person and using your points. You can book using all points or a combination of points and payment.

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 Australia 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.

perth to brisbane virgin australia cash perth to brisbane virgin australia points

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.

AMEX Points To Dollars

Use the AMEX Points Value Calculator to determine the average cash value of Membership Rewards Points earned with AMEX Australia. This will give you an idea of how much your points are worth on average.

Enter any amount of points to calculate the dollar value.
Points
Redemption options Redemption value
Transfer To Partners $0+
AMEX Travel, Webjet, Helloworld $0
Gift Cards $0
Ticketmaster, David Jones $0
Use Points For Purchases $0

Average Cash Value

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 Australia Average Value
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

FAQ

How much are AMEX Australia Membership Rewards Points worth?

Points are worth 0.5 cents per point for most redemptions.

What can you redeem AMEX Australia Membership Rewards Points for?

Points can be redeemed for travel through the AMEX Travel Portal, Webjet, and Helloworld. You can also use them towards gift cards, card charges, Ticketmaster, and David Jones.

What's the best use of AMEX Australia Membership Rewards Points?

The best value will usually be obtained by transferring your points to AMEX's airline partners. You can typically get 1 cent or more in value through point transfers.