How Much Are Amex Points Worth?
The value of American Express Membership Rewards (Amex Points) depends on how you redeem them. On average, Amex Points are worth 0.5 to 2 cents per point, but some redemptions offer more value than others.
How Much Are Amex Points Worth?
Here’s a breakdown of the typical values:
| Redemption Method | Value per Point |
|---|---|
| Transfer to Airlines ✈ | 1.5–2.2 cents |
| Transfer to Hotels 🏨 | 0.7–1.5 cents |
| Booking Travel via Amex Travel 🌍 | 1 cent |
| Gift Cards 🎁 | 0.7–1 cent |
| Statement Credits (Cash Back) 💵 | 0.6 cents |
| Amazon, Best Buy, etc. 🛒 | 0.5 cents |
Best Way to Maximize Amex Points Value
1. Transfer to Airlines (1.5–2.2 cents per point) – Best Value
- Amex partners with 20+ airlines (Delta, Emirates, British Airways, etc.).
- Best for business/first-class flights, where points are worth more.
- Example: 100,000 Amex Points → $2,000 worth of flights.
2. Transfer to Hotels (0.7–1.5 cents per point)
- Amex partners with Marriott, Hilton, and Choice Hotels.
- Hilton transfers give 0.7 cents per point, but Marriott can exceed 1 cent per point.
3. Book Travel via Amex Travel (1 cent per point)
- Redeem Amex Points for flights, hotels, or rental cars.
- Fixed value of 1 cent per point (100,000 points = $1,000 travel).
4. Gift Cards (0.7–1 cent per point)
- Some gift cards offer 1 cent per point (e.g., Airbnb, Home Depot).
- Others have lower values (0.7–0.8 cents per point).
5. Statement Credits (Cash Back) – 0.6 Cents per Point
- Worst redemption option (100,000 points = only $600).
- Avoid using Amex Points for cash back.
6. Shopping with Points (Amazon, Best Buy, etc.) – 0.5 Cents per Point
- Even worse than cash back (100,000 points = $500).
- Not recommended unless you have no other options.
Final Verdict: How Much Are Amex Points Worth?
- Best value: Transfer to airlines (1.5–2.2 cents per point).
- Good value: Hotel transfers & Amex Travel (1 cent per point).
- Poor value: Cash back, Amazon, and shopping sites (0.5–0.6 cents per point).
Would you like help finding the best transfer partners for your points? 😊