How Much Are Membership Rewards points Worth?
American Express Membership Rewards points are earned on cards like the Amex Gold and Platinum, and what they're worth depends on the redemption you choose: statement credits pay the least, while transfers to airline and hotel partners typically return the most. Use the calculator below to value your balance at our current estimate.
Estimated value (Transfer partners, 2¢ per point):
Valuation last updated 2026-06-10.
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Frequently asked questions
How much are Amex Membership Rewards points worth?
It depends on the redemption: statement credits, Amex Travel bookings, and transfers to airline or hotel partners each have different rates. Use the calculator above to value your balance at our current estimate.
Do Membership Rewards points expire?
No, as long as you keep at least one Membership Rewards-earning card open. Closing all eligible cards can forfeit your points.
Can I transfer Amex points to airlines?
Yes. Membership Rewards transfers to many airline and hotel partners, most at a 1:1 ratio.
Is redeeming Amex points for cash a good deal?
Statement-credit redemptions are typically the lowest-value option. Transfers to travel partners usually yield more per point, at the cost of flexibility.