AMEX Points Value Calculator: What Are Your Points Worth?

Points & Miles Value
American Express Membership Rewards Points are worth anywhere from 0.5 to 2 cents each depending on how you use them.
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Last Updated 2022-04-06

The value of Membership Rewards Points range from 0.5 to 2 cents. This means 10,000 AMEX points can be worth as little as $50 or much as $200 depending on how you redeem them.

Out of all available redemption options, redeeming your Membership Rewards Points for travel will give your the best value of at least 1 cent per point. Other redemptions such as gift cards, statement credits, and checkout with retailers will typically give you less.

How to earn AMEX points

AMEX credit cards

AMEX points can be earned through welcome bonuses and everyday spending across Membership Rewards credit cards. They offer several of the best travel rewards credit cards in the market for both personal and business use.

Below are several of the best credit cards for earning AMEX points.

Best For Lounge Access & Luxury Travel

The Platinum Card® from American Express
The Platinum Card® from American Express
Annual Fee: $695
100,000 Points
Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
See if you're pre-approved for this card using the CardMatch™ tool.

Best For Restaurants & Big Supermarket Spenders

American Express® Gold Card
American Express® Gold Card
Annual Fee: $250
60,000 Points
Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
See if you're pre-approved for this card using the CardMatch™ tool.

Best For Lounge Access & Luxury Business Travel

The Business Platinum Card® from American Express
The Business Platinum Card® from American Express
Annual Fee: $695
120,000 Points
Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

Best For 4X On Popular Business Categories

American Express® Business Gold Card
American Express® Business Gold Card
Annual Fee: $295
70,000 Points
Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*

Shopping online with Rakuten Rewards

Did you know that if you have at least one Membership Rewards credit card, you can earn Membership Rewards Points using Rakuten Rewards?

In short, Rakuten is a cash back portal that pays you cash back when you start your online shopping session through their website. When you click through to a store/retailer from their website, they get paid a commission (e.g. referral) and they share part of that commission with you, the user.

Rakuten allows you to opt in to earn Membership Rewards Points instead of cash back. With over 3,600 retail partners and website, this is one of the easiest ways to rack up AMEX points.

You can sign up for a free Rakuten Rewards account through us and receive 3,000 Membership Rewards Points the first time you use their portal.

How much are AMEX points worth?

The easiest value you can obtain from Membership Rewards Points is 1 cent per point, but they can be worth as little as 0.5 cents or as much as 2 cents depending on how you use them.

AMEX points value

Redemption Option Average Value (in cents)
Point transfers to airline and hotel partners 0.6 - 2
Booking flights through American Express Travel 1
Booking other travel through American Express Travel 0.7
Paying with points at checkout 0.7
Using points for card charges (statement credit) 0.6
Redeeming points for gift cards 0.5 - 1

AMEX point transfers to partners

You can obtain the most value out of Membership Rewards Points when you transfer them to AMEX's airline and hotel partners. This will give you anywhere between 0.6 and 2 cents in value depending on which partner you transfer your points to.

List of all AMEX transfer partners

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AMEX airline partners

Transferring AMEX points to airline partners will get you around 1.2 to 1.3 cents per point for economy flights with most airline partners and as much as 2 cents per point for premium and First/Business class redemptions.

Delta Airlines

American Express Membership Rewards is the only major credit card rewards program that transfers to Delta SkyMiles. This makes AMEX's program the best for anyone who frequents the airline.

Delta offers great promotion sales from time to time that can net you some fantastic value. They also have great deals on short-haul, one-way flights throughout the United States.

Virgin Atlantic

Virgin Atlantic is a very close partner of Delta Airlines. You can use them to book Delta One flights using Virgin Atlantic Flying Club Miles which will often be cheaper than transferring miles to Delta's own SkyMiles program.

You can also find great award redemption flying from US West Coast to Asia and from US East Coast to Europe.

One-way flights from Detroit to London Heathrow

British Airways Executive Club

British Airways is part of the oneworld Alliance. Since their award chart is based on distance, Avios are best for short-haul trips.

This especially holds true for booking short-haul trips with American Airlines and Alaska Airlines using Avios such as a flight between the West Coast and Hawaii for example.

Singapore KrisFlyer

While there are many sweet spots with Singapore Airlines, they are most known for their premium in-air suites. With KrisFlyer being a transfer partner of all major credit card rewards programs, it is very easy to build rewards transferable to this program and redeem them for exceptional value.

Air France/KLM Flying Blue

Air France-KLM Flying Blue is part of the SkyTeam alliance which consists of airlines like Delta Air Lines, Aeromexico, and Korean Air.

The Flying Blue program provides great value when flying between the U.S. and European destinations. They also have monthly promos to select cities that can net you some serious value.

AMEX hotel partners

When transferring Membership Rewards Points to AMEX's hotel partners, you can expect an average value of around 0.5 to 1 cent per point. While this is significantly lower than the value airline partners offer on average, it is possible to get over 1 cent in value with each partner.

Marriott Bonvoy

Out of AMEX's three hotel partners, Marriott Bonvoy is the program that will typically provide the most value. Marriott Bonvoy Points have an average of 0.7 cents each, but there's many sweet spots in the program that can offer 1 cent or more per point.

This will typically be Marriott's lower end hotels (e.g. Category 1-2) and Marriott's high-end hotels (Category 7-8) which can offer anywhere between 1 and 2 cents per point.

Choice Privileges

Choice Points provide a solid value when booking stays in expensive cities, particularly European cities such as London. Depending on the booking, you can easily squeeze 1 cent or more out of your points

Value aside, Choice is also great for when you're visiting cities that are "off the beaten path". There are many instances of cities in which Choice is the only option with no other major brand anywhere in the vicinity.

Redeeming points through AMEX Travel

Membership Rewards Points can be redeemed through American Express Travel for airfare, hotels, car rentals, and cruises. With a few exceptions, airfare will give you a value of 1 cent per point while other travel redemptions will give you 0.7 cents per point.

AMEX Travel airfare redemptions

When you redeem your Membership Rewards Points for airfare through the American Express Travel, AMEX points will have a value of 1 cent each. So a $250 flight would cost you 25,000 Membership Rewards Points to cover it.

This is one of the best redemption options for Membership Rewards Points outside of transferring them to airline and hotel partners.

redeem amex points flight
You will get 1 cent per AMEX Point redeeming for airfare.

Business Platinum 35% airfare rebate

The Business Platinum Card® from American Express offers a 35% rebate when you book airfare through American Express Travel. This means that 35% of the points you used to book your airline ticket will be credited back to your account.

For example, a $300 airline ticket would normally cost you 30,000 Membership Rewards Points. If you were to redeem your points as a Business Platinum Card holder, you would get 35% of those points back meaning that 10,500 points would be credited back to your account.

So you would end up paying 19,500 points for a $300 ticket.

Not only do you save points with this benefit, but it also bumps up the value of Membership Rewards Points to a value of 1.53 cents each which is superb.

redeem amex points airfare
amex business platinum 35% rebate
I used 107,326 points to pay for my Delta airfare through the AMEX Travel Portal and was credited the 35% back exactly one month later.

If you're not big on transferring points and want an easy route to redeeming points for high value towards airfare, the Business Platinum Card is the route to go. The card has a costly annual fee, but offers over $1,400 in annual credits.

If you can make use of at least half of those credits annually and justify the cost of having it, it can be worth picking up for the boost in point value alone.

Business Gold 25% airfare rebates

The American Express® Business Gold Card offers a 25% rebate when you book airfare through American Express Travel. This means that 25% of the points you used to book your airline ticket will be credited back to your account.

For example, a $300 airline ticket would normally cost you 30,000 Membership Rewards Points. If you were to redeem your points as a Business Gold Card holder, you would get 25% of those points back meaning that 7,500 would be credited back to your account.

All-in-all you would end up paying 22,500 for a $300 airfare ticket which would give your points a value of 1.33 cents each. Not as big of a discount as the Business Platinum, but still significantly better than the fixed value of 1 cent per point.

amex travel portal ritz carlton atl marriott
Receive 1 cent in value with Fine Hotels & Resorts.

AMEX Travel hotel redemptions

You can use Membership Rewards Points to book hotel stays through the American Express Travel Portal. You'll get 1 cent per point booking Fine Hotels & Resorts and 0.7 cents per point for all other redemptions.

Fine Hotels & Resorts

If you have a personal or business version of the Platinum Card or Centurion Card, you'll be able to book stays through Fine Hotels & Resorts. These bookings will give your points a value of 1 cent apiece.

Room upgrades, daily breakfast for two people, guaranteed 4pm late check-out, noon check-in, complimentary Wi-Fi, and a unique property amenity, such as a spa or food & beverage credit comes with Fine Hotels & Resorts reservations.

The Hotel Collection

The Hotel Collection is available to personal and business cardholders of Platinum and Gold cards. These bookings will give you the standard value of 0.7 cents per point, but you'll receive a $100 hotel credit to spend on qualifying dining, spa, and resort activities and can also receive a room upgrade at check-in if available.

Other ways to redeem AMEX points

Outside of travel, AMEX points can be used for flight upgrade, gift cards, statement credits and more. These redemptions will typically give your AMEX points 1 cent or less in value.

AMEX Upgrade with Points

Membership Rewards Points can be used to place an offer towards a seat upgrade with more than 20 airlines.

After you've purchased your ticket with a participating airline, you can jump to the American Express Travel Site to enter your reservation details. If the itinerary is eligible for an upgrade, you can then use points to make an offer.

You will find out where or not the offer has been granted usually within 5 days of the flight.

AMEX Pay With Points

The Pay With Points program allows you to redeem your points at checkout with top retailers. The value of your points will range between 0.5 cents and 1 cent depending on the retailer.

While not the best use of points, it's nice to have an option that can help the cost off your bill at checkout. The option to pay with Points will typically appear if you have a Membership Rewards credit card attached to your account.

AMEX Checkout

Some retailers offer you the ability to checkout via AMEX Checkout. When you select this option (typically at checkout), you'll have the ability to pay with points.

Using points to cover card charges

Membership Rewards Points can be redeemed towards card charges for a value of 0.6 cents per point. You can use your points to cover card charges made to any of your Membership Rewards credit cards regardless of how the points were obtained.

When redeeming your Membership Rewards Points, AMEX allows you to pick which charges you want to cover using your points. If you do not have enough points to cover the charge, it will not allow you to use partial points to cover it.

Wipe out card charges.

Redeeming points for gift cards

Membership Rewards Points can be redeemed for almost 100 different gift cards consisting of restaurants, retail stores, entertainment and more. The value you get out of redeeming your points for gift cards will range between 0.5 cents and 1 cent in value.

AMEX Shop With Points

You can use Membership Rewards Points to shop the Membership Rewards store. It features a range of departments such as technology, home & office, sports & games, and more.

It also has brand name products from top companies such as Apple, Sony, and Google. Redeeming your AMEX points through the shopping portal will give them a value of 0.5 cents each which is one of the lowest redemption values for Membership Rewards Points.

Unless you find a deal within the Membership Rewards store, you would be better off using your card to make the purchase and then using points to cover the card charges.

How to convert AMEX points to dollars

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

Enter any amount of AMEX points to calculate the dollar value.
Points
Redemption Average Dollar Value
Transferring points to airline and hotel partners $0 to $0
AMEX Travel airfare via Business Platinum Card $0
AMEX Travel airfare via Business Gold Card $0
All other AMEX Travel airfare bookings $0
AMEX Travel hotels through Fine Hotels & Resorts $0
All other AMEX Travel hotel bookings $0
Pay with Points at checkout $0
Card charges & statement credits $0
Gift cards $0 - $0
Shopping portal $0

FAQ

How much are AMEX Membership Rewards Points worth?

American Express Points are worth 1 cent each when redeemed towards airfare through American Express Travel. They can be worth significantly more when transferred to airline and hotel partners.

What's the best way to redeem AMEX Membership Rewards Points?

The best way to redeem points for maximum value is by transferring them to AMEX's airline and hotel partners. You can also get solid value redeeming them for airfare through American Express Travel.

How much is 20,000 AMEX points worth?

20,000 AMEX points have an average value of $200 towards airfare on the American Express Travel Portal, but can be worth upwards of $400 or more when transferred to partners.

How much is 50,000 AMEX points worth?

50,000 AMEX points have an average value of $500 towards airfare on the American Express Travel Portal, but can be worth upwards of $1,000 or more when transferred to partners.

How much is 75,000 AMEX points worth?

75,000 AMEX points have an average value of $750 towards airfare on the American Express Travel Portal, but can be worth upwards of $1,500 or more when transferred to partners.

How much is 100k AMEX points worth?

100,000 AMEX points have an average value of $1,000 towards airfare on the American Express Travel Portal, but can be worth upwards of $2,000 or more when transferred to partners.