What Is The Value Of Amex Points?

How much are Amex points worth?

American Express Membership Rewards points generally range in value between 0.5 cents and 1 cent each, depending on how you redeem them.

Nerd tip: Not all American Express rewards cards earn Membership Rewards..

How much is 100000 Amex points worth?

100,000 points go a long way According to travel website The Points Guy’s valuations, Amex points are worth 2 cents apiece. That means the Amex Platinum’s 100,000-point bonus is worth $2,000. That’s huge — the bonus alone is worth nearly four years of annual fees!

Do Amex points expire?

Do Membership Rewards® points expire? Membership Rewards® points have no expiration date. However, points may be forfeited as described in the program Terms and Conditions.

How many AMEX points equal a dollar?

You will get one point for each dollar charged for an eligible purchase on your Platinum Card from American Express. You will get 4 additional points (for a total of 5 points) for each dollar spent on eligible air and hotel purchases.

Is Amex platinum worth it?

If you can use enough of the travel benefits that come with the card, the $550 annual fee is definitely worth it. (See rate & fees). If you currently pay for lounge access, Global Entry, Uber, or incidental airline purchases, you’ll realize enough value to make having the Amex Platinum card worthwhile.

Is Amex Gold worth it?

For folks who maximize the American Express® Gold Card’s annual credits and spend plenty in the card’s bonus categories, the card is worth every penny, even at $250. But for those who can’t, a card with comparable rewards — but without the annual fee — is a smarter choice.

Can I redeem American Express points for cash?

Using American Express points for cash back You can redeem your Membership Rewards points as statement credits for charges on your credit card account (a minimum of 1,000 points is required to make a redemption).

How much is 20000 Amex points worth?

You can exchange 20,000 Membership Rewards for $100 worth of travel through helloworld Travel. This includes cruises, flights, accommodation and travel packages.

What can 60000 Amex points get you?

What 60,000 points are worthPay with points at checkout: $300 (Ticketmaster), $420 (all other sites, such as Amazon and PayPal), $600 (NYC Taxi)Gift cards: Up to $600.Statement credit: $360.Book or upgrade travel: $420* (prepaid hotels and cruises), $600* (flights)More items…

How much is 75000 Amex points worth?

In my most recent monthly points and miles valuations, 75,000 Membership Rewards points is easily worth $1,425 in award travel.

How much is a million Amex points worth?

Quick answer: Between 0.4 and 7 cents each Transferring your points to one of Amex’s transfer partners is a great way to get the most value for your points.

How much is 50000 Amex points worth?

So 50,000 points would get you $500 worth of gift cards.

How much is 30000 Amex points worth?

If you’re finding the process of identifying a good deal and transferring your points to partner airlines a hassle, you can always redeem your points through the Amex Travel Portal at a rate of 1 cent each. This means your 30,000 Amex Membership Rewards points are worth $300 in travel.

What is the best way to use AMEX Points?

Best Ways to Use American Express Membership Rewards PointsRedeem points on Amex travel portal.Transfer points to airline partners.Redeem points for hotel stays.Shopping, gift cards and statement credits.Upgrade your flight with points.Cards that earn Membership Rewards points.Amex points value.

Is Amex platinum hard to get?

The Amex Platinum can be a hard credit card to get. It does have a high annual fee of $550 (See Rates & Fees). … It largely depends on your credit history. If you have a credit score in the 700s or upper 600s, you might be able to apply for one in as little as six months, provided you have never missed a payment.

How do I get my Amex fee waived?

To get American Express Platinum’s annual fee waived, call the American Express retention department at 1 (800) 452-3945. State that you’re considering cancelling or switching cards because of the high annual fee.