HomeFinanceAmEx Points Value: What Are They Worth?

AmEx Points Value: What Are They Worth?

Flexible journey rewards like American Express Membership Rewards factors are, successfully, a foreign money. So understanding the relative worth of those factors is a vital consideration when incomes or spending them.

So how a lot are AmEx factors value? Based on our evaluation, the present AmEx factors worth is between 1 cent when used to e book journey instantly and 2 cents when transferred to companions.

The worth when reserving journey by the AmEx portal

This is straightforward: American Express Membership Points are value precisely 1 cent apiece when reserving journey by the issuer’s portal. This math is made specific when reserving a flight or lodge whereas logged in.

For instance, a $210 flight will value 21,000 factors. There’s no option to “maximize” AmEx factors when used on this method. You’re successfully utilizing the factors as pennies, and might e book any airline or lodge room out there with money.

The massive profit right here is comfort and ease. You don’t must spend hours researching easy methods to use your factors or discover the appropriate switch companion, or seek for scarce award availability. You simply search and e book.

The massive downside is cost-effectiveness. You’re accepting a lowball worth on your factors as a trade-off for this comfort.

The worth when transferring to companions

Here’s the place issues get extra fascinating — and sophisticated. The AmEx Membership Rewards program has some glorious switch companions, which means you’ll be able to switch your factors to a companion after which e book journey there.

With nice maximization potential comes nice accountability. Understanding which AmEx switch companions provide the perfect worth, and which even provide flights or motels that match your journey plans, is a significant enterprise.

Here are some key packages to focus on, together with their estimated NerdWallet worth.

Table showing the points value and transfer ratio for AmEx transfer partners.

Notice that a number of the better-known packages, comparable to Marriott and British Airways, provide a number of the lowest-value factors and miles, whereas lesser-known packages, like Air Canada and ANA, provide a number of the finest.

It undoubtedly pays to do your homework when contemplating AmEx switch partnerships.

Remember to issue your journey plans into consideration, and never simply switch your factors to this system with the highest-value miles. Some packages provide glorious worth however restricted routes and award availability.

Always seek for availability in your most well-liked journey dates and locations earlier than transferring factors.

Use our AmEx factors calculator beneath to find out the worth of your stash of factors, based mostly on each the baseline and NerdWallet estimated values.

Cards that earn AmEx factors

More than a dozen American Express playing cards earn Membership Rewards; listed below are a number of the hottest, together with some with no annual charge:

American Express Premier Rewards Gold Credit Card
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  • Earn 4 Membership Rewards factors per greenback spent at eating places.

  • Earn 4 factors per greenback spent at U.S. supermarkets (on as much as $25,000 in spending annually, then 1 level again).

  • Earn 3 factors per greenback spent on flights booked instantly with airways and American Express Travel.

  • Earn 1 level per greenback spent on all different eligible purchases.

The present welcome provide is: Earn 60,000 Membership Rewards® factors after you spend $4,000 on eligible purchases along with your new Card inside the first 6 months. Terms Apply.

American Express Platinum Credit Card
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  • Earn 5 Membership Rewards factors on flights booked instantly with airways or with American Express Travel.

  • Earn 5 factors on pay as you go motels booked on American Express Travel.

  • Earn 1 level on all different eligible purchases.

New members are enticed with this welcome provide: Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. Terms Apply.

American Express Business Gold Rewards Card from American Express OPEN Credit Card
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Earn 4 Membership Rewards factors per greenback spent in two classes (from the next six) the place you spend essentially the most every billing cycle (as much as the first $150,000 in mixed purchases per yr; then 1 level again):

  • Airfare bought instantly from airways.

  • U.S. purchases at eating places.

  • U.S. purchases at fuel stations.

  • U.S. purchases for delivery.

  • U.S. purchases for promoting in choose media (on-line, TV, radio).

  • U.S. purchases made instantly from choose know-how suppliers of pc {hardware}, software program and cloud options.

Other spending earns 1 level per greenback spent. Terms apply.

The Business Platinum® Card from American Express OPEN Credit Card
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  • Earn 5 Membership Rewards factors per greenback spent on eligible flights and pay as you go motels booked by American Express — and earn 1 level for every greenback you spend on eligible purchases.

  • Earn 1.5 factors per greenback on eligible purchases at U.S. building materials and {hardware} suppliers, digital items retailers, software program and cloud system suppliers and delivery suppliers — in addition to on purchases of $5,000 or extra all over the place else, on as much as $2 million of those purchases per calendar yr.

Other AmEx playing cards that earn Membership Rewards factors embody:

How did we decide our AmEx factors worth?

For our NerdWallet estimate of 2 cents per Membership Rewards level, we factored in a number of variables:

  1. The worth of those factors when used to e book journey instantly with the bank card’s journey portal.

  2. The worth of the airline and lodge factors to which these factors will be transferred, when relevant (based mostly on the separate analyses above).

  3. The variety of top-tier journey switch companions, as decided by our knowledgeable panel.

The total worth is decided as: A weighted common between (1) and (2), with the burden decided by (3). The program with the biggest variety of high-value companions receives a 100% weight on (2), and a program with zero high-value companions receives a 50% weight on (2).

AmEx had the best variety of top-tier switch companions, so it acquired a 100% weight on its most dear switch companion (ANA).

To view charges and charges of the American Express® Gold Card, see this web page. To view charges and charges of The Platinum Card® from American Express, see this web page. To view charges and charges of the American Express® Business Gold Card, see this web page. To view charges and charges of The Business Platinum Card® from American Express, see this web page.

How to maximise your rewards

You need a journey bank card that prioritizes what’s necessary to you. Here are our picks for the finest journey bank cards of 2022, together with these finest for:

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