For years, American Categorical Membership Rewards factors have sat at or close to the highest of our month-to-month valuations of loyalty currencies. In keeping with TPG’s Could 2025 valuations, Membership Rewards factors are value 2 cents every. That is nearly the identical as Chase Final Rewards factors and Bilt Rewards Factors, however noticeably greater than practically all main airline and resort factors.
Nevertheless, this doesn’t suggest that you’re going to get precisely 2 cents per level in worth each time you redeem them. As a substitute, we use this quantity as a benchmark for redemption. The very best-value redemptions ought to provide you with greater than 2 cents per level, whereas the lowest-value awards supply lower than 1 cent per level.
In brief, there are numerous solutions to the query, “How a lot are Amex factors value?”
Right this moment, we’ll talk about the worth of Amex factors, earn them and among the finest (and worst) redemption choices.
The best way to earn Amex Membership Rewards factors
The simplest approach to earn Membership Rewards factors is by making use of for a Membership Rewards points-earning card. Amex has a number of to select from, starting from premium playing cards with beneficiant advantages (and excessive annual charges) to no-annual-fee playing cards that reward each day enterprise spending.
Incomes Membership Rewards factors from bank cards
That can assist you select which is one of the best Amex card for you, here is a take a look at the welcome supply, incomes charges, annual charge and advantages for every of the six most useful Membership Rewards playing cards:
| Card | Welcome supply | Earnings price | Annual charge | Key perks |
|---|---|---|---|---|
| The Platinum Card® from American Categorical | Earn 80,000 factors after you spend $8,000 on eligible purchases throughout the first six months of card membership. |
|
$695 (see charges and charges) | Airline: As much as $200 in annual airline charge credit score (cut up into month-to-month up-to-$15 credit plus an up-to-$20 bonus in December)
Experience-hailing: As much as $200 in annual Uber Money (as much as $15 month-to-month and as much as a $20 bonus in December; Uber Money will solely be deposited into one Uber account if you add the Amex Platinum as a fee technique and redeem with any Amex card) Resort: As much as $200 in resort assertion credit score on pay as you go Superb Lodges + Resorts or The Resort Assortment bookings, which requires a minimal two-night keep, with Amex Journey Complimentary Hilton Honors Gold and Marriott Bonvoy Gold elite standing Streaming: As much as $240 in digital leisure assertion credit score for choose suppliers Airport advantages: As much as $199 in Clear Plus assertion credit score (topic to automated renewal) Payment assertion credit score for World Entry ($120 each 4 years) or TSA PreCheck (as much as $85 each 4 1/2 years) Lounges: Entry to the World Lounge Assortment for eligible cardmembers Enrollment is required for choose advantages; phrases apply |
| The Enterprise Platinum Card® from American Categorical | Earn 150,000 factors after spending $20,000 on eligible purchases throughout the first three months of card membership. Plus, earn a $500 assertion credit score after spending $2,500 on eligible flights booked immediately with an airline or via American Categorical Journey along with your Enterprise Platinum Card throughout the first three months. You’ll be able to earn one or each of those affords. Supply ends June 30. |
|
$695 (see charges and charges) | Enterprise: As much as $400 in annual credit score for U.S. Dell purchases*
Airline: As much as $200 in annual airline charge assertion credit score for one chosen airline Airport advantages: As much as $199 in Clear Plus assertion credit score (topic to automated renewal) Payment assertion credit score for World Entry ($120 each 4 years) or TSA PreCheck (as much as $85 each 4 1/2 years) Resort: Complimentary Hilton Honors Gold and Marriott Gold elite standing (enrollment required); access is proscribed to eligible cardmembers Lounges: Entry to the World Lounge Assortment Enrollment is required for choose advantages; phrases apply |
| American Categorical® Gold Card | Earn 60,000 factors after you spend $6,000 on eligible purchases within the first six months of card membership. |
|
$325 (see charges and charges) | Eating: As much as $120 in annual eating assertion credit score at collaborating companions (enrollment is required)
As much as $100 in annual Resy credit score per calendar yr (as much as $50 biannually) As much as $84 Dunkin’ credit score per calendar yr (as much as $7 month-to-month) Uber: As much as $120 complete in annual Uber Money (within the U.S.)* *Add your Amex Gold Card to your Uber account and redeem with any Amex card Enrollment is required for choose advantages; phrases apply |
| American Categorical® Enterprise Gold Card | Earn 100,000 bonus factors after you spend $15,000 on eligible purchases within the first three months of card membership. |
|
$375 (see charges and charges) | 25% factors again after you e-book a flight utilizing Pay with Factors (as much as 250,000 factors again per calendar yr) |
| American Categorical® Inexperienced Card | Earn 40,000 factors after you spend $3,000 on eligible purchases within the first six months of card membership. |
|
$150 | Very broad and beneficiant definition of journey purchases, together with trip leases, tolls and public transportation |
| The Blue Enterprise® Plus Credit score Card from American Categorical | Earn 15,000 factors after you spend $3,000 on eligible purchases within the first three months of card membership. |
|
$0 (see charges and charges) | None |
The data for the American Categorical Inexperienced Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Earlier than you apply, be sure to’re conversant in Amex’s utility and welcome bonus guidelines.
What are Amex Membership Rewards factors value?
There are various methods to redeem your American Categorical Membership Rewards factors. Nevertheless, they will supply a variety of values. Some redemptions present a set worth in your factors, whereas others have the potential to far exceed our Could 2025 valuation of two cents apiece.
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Why does TPG worth Amex Membership Rewards factors at 2 cents apiece?
Right here at TPG, we use a data-driven methodology to find out our valuation for transferable bank card factors. The components that go into methodology embrace:
- The bottom worth for cash-equivalent rewards (e.g., assertion credit, money again, Amazon redemptions)
- The bottom worth for journey redemptions
- The amount (and high quality) of airline and resort companions
The worth of Amex factors when transferring to journey companions
You will normally discover essentially the most helpful redemptions when transferring your Amex factors to one in every of Amex’s switch companions. Amex companions with 21 airline and resort loyalty packages. Listed below are the switch ratios and occasions.
With so many switch companions accessible, Membership Rewards factors supply unimaginable flexibility.
Good redemption choices for Amex Membership Rewards factors
With Amex factors, there are numerous methods to redeem them, with some being a lot better than others.
Finest-value redemptions
Many Membership Rewards redemptions might present greater than 2 cents per level in worth. Our useful factors versus money calculator may help you gauge the worth you get from a redemption.
- Switch your factors to Singapore Airways KrisFlyer, and you may pay simply 13,500 KrisFlyer miles for a one-way flight from California, Oregon or Washington to Hawaii with Alaska Airways. These based mostly elsewhere within the nation can e-book nonstop or connecting flights on United Airways. You will pay 19,500 miles for a one-way financial system ticket or 39,000 for enterprise class. This consists of United’s long-haul nonstop flights from Newark, Chicago and Washington, D.C., to Honolulu.
- Singapore Airways operates two of the world’s longest flights: from Singapore Changi Airport (SIN) to Newark Liberty Worldwide Airport (EWR) and John F. Kennedy Worldwide Airport (JFK). You will not wish to spend 18 hours in an uncomfortable seat, so use your Membership Rewards factors to fly in enterprise class. Each routes value 111,500 KrisFlyer miles plus taxes and charges one-way.
- Switch your Amex factors to Membership Iberia Plus. You’ll be able to fly from Boston Logan Worldwide Airport (BOS), Chicago’s O’Hare Worldwide Airport (ORD) and JFK to Madrid for simply 17,000 Avios in financial system, 25,500 in premium financial system and 34,000 in enterprise class every approach.
- Switch your Amex factors to Air France-KLM Flying Blue to take pleasure in its improbable month-to-month Promo Rewards affords. With this ongoing promotion, one-way business-class flights to Europe are frequently accessible for beneath 40,000 Membership Rewards factors.
- Switch your Membership Rewards factors to Virgin Atlantic’s Flying Membership program and e-book round-trip business-class flights to Japan on ANA for simply 105,000 Membership Rewards factors from the West Coast and 120,000 factors from the East Coast.
It is also essential to notice that many of those companions supply switch bonuses all year long, typically providing as much as 40% bonus factors or miles if you switch. These limited-time promotions may help you stretch your Membership Rewards factors even additional.
Redeeming Amex factors when reserving flights via American Categorical Journey
Whereas we focus quite a bit on the worth of transferable factors right here at TPG, you possibly can solely maximize them in case your most well-liked airline or resort has award house accessible. If you’ll want to journey on mounted dates — particularly on a premium route like New York to Los Angeles — this would possibly pose an issue. For those who’ve exhausted all different choices, you will get a suitable worth by redeeming factors via the Amex Journey portal.
With this selection, your Amex factors are value 1 cent every. This may be nice with an affordable fare, however it is not all the time the most suitable choice.
Nevertheless, you probably have any of the next Amex enterprise playing cards, you possibly can obtain a bonus when utilizing Pay with Factors for eligible flights:
The data for the Centurion Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
These bonuses are legitimate on first- or business-class flights with any airline and financial system flights with the airline you picked in your annual $200 airline incidental charge assertion credit score. It is advisable to have the complete variety of factors required for a reserving in your account, and the bonus will put up to your account inside six to 10 weeks.
Using one in every of these bonuses can enhance your redemption worth from 1 cent per level to 1.54 with the Enterprise Platinum and a couple of cents with the enterprise Centurion card. As a bonus, you will earn each redeemable miles and elite-qualifying miles on tickets booked this fashion, because the airways deal with them the identical as money bookings.
Low-value redemptions for Amex Membership Rewards factors
Not all redemptions are created equal — in actual fact, some redemptions listed beneath will provide you with beneath 1 cent per level in worth. We suggest skipping these and saving your factors.
Redeeming factors for reward playing cards
Amex companions with varied retailers to supply bodily and digital reward playing cards in varied denominations, or you too can redeem factors for American Categorical reward playing cards. For those who go this route, every Amex level will usually be value 1 cent apiece (so a $50 reward card prices 5,000 factors). Nevertheless, some retailers supply lower than this in worth, whereas others run promotions to present you barely extra worth. That is higher than redeeming for a press release credit score (which we’ll element beneath), however it’s nonetheless low in comparison with redeeming factors for journey.
Redeeming factors for Amazon purchases and assertion credit
If long-haul flights characterize top-of-the-line doable values for Amex factors, then redeeming them at Amazon and for assertion credit are among the many worst. If you add your Membership Rewards points-earning card as a fee technique on Amazon, you need to use your Amex factors for purchases, however you will solely get 0.7 cents per level in worth.
In the meantime, you need to use Membership Rewards factors to cowl eligible purchases made along with your Amex card at a price of simply 0.6 cents per level.
These redemptions supply poor worth and may solely be thought of a final resort. Bear in mind, Amex factors do not expire so long as you retain no less than one Membership Rewards card open, so there is no purpose to hurry right into a low-value redemption.
If you wish to earn cash-back rewards to buy groceries or assist pay the payments, try TPG’s checklist of prime cash-back bank cards.
Redeeming factors to e-book inns via Amex Journey
It is best to usually keep away from redeeming Membership Rewards factors for resort stays via Amex Journey. With most inns, you possibly can redeem your factors at a price of 0.7 cents every via Amex Journey. And since these are third-party bookings, you will not normally earn resort factors or elite night time credit in your keep.
The one exception is Amex Superb Lodges + Resorts, a luxurious resort program that is solely accessible to Platinum and Centurion cardmembers. For those who pay with factors to e-book one in every of these properties, you will get 1 cent of worth per level and obtain elitelike advantages in your keep, together with complimentary breakfast, room upgrades, late checkout, and normally a eating or spa credit score. Plus, these stays normally earn resort factors and elite night time credit.
Associated: The best way to redeem American Categorical Membership Rewards for optimum worth
Often requested questions
Listed below are some solutions to continuously requested questions on Amex factors.
How a lot are 10,000 Amex factors value?
In keeping with TPG’s Could 2025 valuations, 10,000 Amex factors are value $200. You could possibly get a better worth in the event you leverage switch companions like Air Canada Aeroplan or Hilton Honors. Nevertheless, it’s possible you’ll get lower than 2 cents per level in the event you redeem for assertion credit and reward playing cards.
Are Amex factors value greater than Chase factors?
In keeping with TPG’s Could 2025 valuations, Chase factors are value barely greater than Amex factors. Chase factors are value 2.05 cents per level, in comparison with Amex factors, that are value 2 cents per level.
Do Amex factors expire?
Amex factors do not expire so long as you’ve got a Membership Rewards points-earning card and your account is in good standing.
Are Amex Membership Rewards value it?
Amex Membership Rewards factors are value it as a result of they offer you excessive flexibility. You’ll be able to redeem factors for less-than-ideal issues like money again, reward playing cards or journey booked via Amex Journey. Nevertheless, you can also get immense worth with Amex’s 21 switch companions. The selection is yours.
How do I get essentially the most worth from Amex factors?
Switch your factors to one in every of Amex’s 21 resort and airline companions to get the utmost worth from them.
Backside line
Amex Membership Rewards factors have lengthy been thought of among the most useful factors in the marketplace. They sit close to the highest of TPG’s Could 2025 valuations, due to many high-value airline switch companions that enable members to e-book premium-cabin awards at low charges.
The worth you get out of your Amex factors can differ considerably, beginning at simply 0.6 cents for assertion credit however rising a lot greater for choose switch companions. In fact, that requires intensive flexibility and the willingness to study the ins and outs of loyalty packages, so many cardmembers could want less complicated reward choices.
Finally, TPG’s Could 2025 valuations peg Amex factors at 2 cents apiece, however make sure to take into account one of the best redemption possibility in your particular scenario.
For charges and charges of the Amex Enterprise Gold card, click on right here.
For charges and charges of the Amex Enterprise Platinum card, click on right here.
For charges and charges of the Blue Enterprise Plus card, click on right here.
For charges and charges of the Amex Gold card, click on right here.
For charges and charges of the Amex Platinum card, click on right here.
