In response to TPG’s September 2025 valuations, American Express Membership Rewards factors are value 2 cents every. That is virtually the identical as Chase Ultimate Rewards factors and Bilt Rewards Factors, and noticeably increased than almost all factors and miles with the key airline and lodge packages.
Nevertheless, this does not imply that you will get precisely 2 cents per level in worth each time you redeem them. As a substitute, we use this quantity as a benchmark for a “good” redemption. To maximise your Membership Rewards factors, high-value redemptions ought to provide you with greater than 2 cents per level, whereas lower-value awards provide lower than 1 cent per level.
The Platinum Card® from American Express — Discover out your provide: You could be eligible for as excessive as 175,000 Membership Rewards factors after spending $8,000 on eligible purchases in your new card in your first six months of membership. Welcome presents differ, and also you will not be eligible for a suggestion.
Briefly, there are numerous solutions to the query, “How a lot are Amex factors value?” Let’s dive into how one can attempt to maximize their value.
What are Amex Membership Rewards factors value?
There are various methods to redeem your American Specific Membership Rewards factors. Nevertheless, they will provide a variety of values. Some redemptions present a set worth on your factors, whereas others have the potential to far exceed our September 2025 valuation of two cents apiece.
| Redemption choice | Examples | Level worth |
|---|---|---|
| Switch factors to journey companions | 20 airline and lodge loyalty packages | Probably 2 cents per level (notice which you could get roughly) |
| Redemptions via Amex Journey | Flights, accommodations, rental vehicles, cruises and trip leases | 0.5 cents to 1 cent per level |
| Nontravel redemptions | Present playing cards, Amazon purchases and extra | 0.5 cents to 1 cent per level |
Associated: American Express Membership Rewards: How to earn, redeem and transfer points
The worth of Amex factors when transferring to journey companions
You may normally discover essentially the most beneficial redemptions when transferring your Amex factors to one in all Amex’s journey companions. Amex companions with the next 20 airline and lodge loyalty packages:
Amex factors switch to most airline and lodge companions at a 1:1 ratio, apart from Aeromexico Rewards (1:1.6), JetBlue TrueBlue (250:200) and Hilton Honors (1:2). You possibly can switch Amex factors in increments of 1,000; level transfers to airline and companion packages are irreversible. Moreover, Amex prices an excise tax of 0.6 cents per level (as much as $99) when transferring rewards to Delta SkyMiles or JetBlue TrueBlue.
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To maximise your Membership Rewards factors, we advocate transferring them to companion airways. For instance, you would guide an Air France economic system flight from the U.S. to Europe beginning at 25,000 Flying Blue miles. This may very well be an important worth if money fares for a similar flight are upward of $700.
Plus, all year long, Amex presents companion transfer bonuses, which may assist your factors go even additional.
To snag the most effective offers, take a look at our information on maximizing your Amex points with transfer partner redemptions.
Worth of Amex factors when redeeming via Amex Journey
Whereas we focus rather a lot on the value of transferable points right here at TPG, you may solely maximize them in case your most popular airline or lodge has award house out there. If you have to journey on fastened dates — particularly throughout the vacation season when award availability on companion airways could also be restricted — this would possibly pose an issue. In case you’ve exhausted all different choices, you will get a suitable worth by redeeming factors through the Amex Travel portal.
Redeeming Amex factors for flights via Amex Journey
When reserving a flight via Amex Journey, you will get a set redemption price of 1 cent per level.
Nevertheless, when you have any of the next Amex enterprise playing cards, you may receive a bonus when using Pay with Points for eligible flights:
The data for the Amex Enterprise Centurion card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.
Associated: Best ways to use Amex points, from business-class flights to Europe to budget-friendly hotel stays
Redeeming Amex factors for lodge stays and different journey
Nevertheless, most different journey redemptions via the Amex Journey portal will provide you with a price of about 0.7 cents per level.
For example, with most accommodations, you may redeem your factors at a price of 0.7 cents every via Amex Journey. And since these are third-party bookings, you won’t usually earn hotel points or elite night credits on your keep.
The one exception is Amex Fine Hotels + Resorts, a luxurious lodge program that is solely out there to Platinum and Centurion cardmembers. In case you pay with factors to guide one in all these properties, you will get 1 cent of worth per level and obtain elitelike advantages on your keep, together with complimentary breakfast, room upgrades, late checkout, and normally a eating or spa credit score. Plus, these stays normally earn lodge factors and elite night time credit.
For automotive and trip leases, you will get a price of about 0.7 cents per level. As for cruise bookings made through the Amex portal, you will get between 0.5 cents and 0.7 cents per level.
General, redeeming your Amex factors via the journey portal is not going to yield the most effective worth on the subject of maximizing your rewards. Nevertheless, when you have a inventory of Amex factors sitting in your account or just need to save in your out-of-pocket value on a flight, lodge, automotive rental, cruise or trip residence, redeeming factors via the Amex portal may make sense.
Study extra about booking through the American Express portal.
Redeeming Amex factors for nontravel redemptions
Not all redemptions are travel-based — actually, you may redeem your Amex factors for reward playing cards, Amazon purchases and extra. Whereas these redemptions do not yield a excessive worth on the subject of maximizing your factors, for individuals who want to lower your expenses on nontravel bills, Amex factors may very well be the reply.
- Present playing cards: When redeeming Amex factors for reward playing cards, you will get a price between 0.5 cents and 1 cent per level, relying on the service provider.
- Taxi rides in New York Metropolis: Redeem your Amex factors for sure taxi fares within the Large Apple at a price of 1 cent per level.
- Amazon and on-line retailers: If you hyperlink your Membership Rewards account with choose on-line retailers like Amazon, Grubhub and Finest Purchase, you may choose Pay with Factors at checkout and redeem your rewards at a price of 0.7 cents per level.
- Cowl prices in your assertion: Use factors to pay for eligible account prices in your billing assertion, and obtain 0.6 cents per level.
The best way to earn Amex Membership Rewards factors
To redeem Membership Rewards factors, you will first should earn them. The simplest option to earn Amex factors is by making use of for a points-earning card, and Amex has a number of to select from, starting from premium cards to no-annual-fee cards that reward day by day enterprise spending.
Relying on the Amex card in your pockets, you would earn between 1 level and 5 factors per greenback spent, contingent on the cardboard and the incomes class.
For instance, The Platinum Card from American Express earns 5 factors per greenback spent on flights booked instantly with airways or with American Specific Journey® (on as much as $500,000 per calendar yr) and pay as you go accommodations booked with American Specific Journey, and 1 level per greenback spent on all different purchases. Whereas The Blue Business® Plus Credit Card from American Express earns 2 factors per greenback spent on on a regular basis enterprise purchases with no class restrictions (on as much as $50,000 every calendar yr, then 1 level per greenback spent).
Subsequently, with totally different incomes charges and welcome presents, take a look at the current American Express card offers available to search out which one is best for you so you may earn Amex factors.
Associated: How to redeem American Express Membership Rewards for maximum value
Backside line
Amex Membership Rewards factors have lengthy been thought-about a number of the most respected factors available on the market. They sit close to the highest of TPG’s September 2025 valuations, because of many high-value airline switch companions that enable members to guide premium-cabin awards at low charges.
The worth you get out of your Amex factors can differ considerably, starting from 0.5 cents per level for reward playing cards to a lot increased for choose switch companions. After all, that requires in depth flexibility and the willingness to be taught the ins and outs of loyalty packages, so many cardmembers could favor easier reward choices.
Finally, TPG’s September 2025 valuations peg Amex factors at 2 cents apiece, however make sure you contemplate the most effective redemption choice on your particular scenario.
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