How much are Amex Membership Rewards points worth?
1.99¢ per point
AwardHack values Amex Membership Rewards points at 1.99¢ each, so 10,000 are worth about $199 and 100,000 about $1,990 when you redeem them well. That's the 6th highest of the 8 credit card points currencies we value. They transfer to 20 airline and hotel partners; the highest-value ones by our numbers are Aer Lingus AerClub (3.73¢), Virgin Atlantic Flying Club (3.60¢) and Iberia Club (2.94¢).
What Amex Membership Rewards points are worth
At 1.99¢ each. Type any balance into the Points Valuator for a total across programs.
- 1,000
- $20
- 5,000
- $100
- 10,000
- $199
- 25,000
- $498
- 50,000
- $995
- 60,000
- $1,194
- 75,000
- $1,493
- 80,000
- $1,592
- 100,000
- $1,990
- 150,000
- $2,985
- 200,000
- $3,980
- 500,000
- $9,950
Where Amex Membership Rewards transfer, best value first
The ratio, then what one point becomes at the partner's own value. Points you transfer usually can't come back.
Aer Lingus AerClub1:13.73¢
Virgin Atlantic Flying Club1:13.60¢
Iberia Club1:12.94¢
Avianca LifeMiles1:12.85¢
British Airways Club1:12.55¢
Qatar Airways Privilege Club1:12.55¢
Singapore Airlines KrisFlyer1:12.46¢
Cathay Pacific Asia Miles5:42.26¢
Air France-KLM Flying Blue1:12.16¢
Air Canada Aeroplan1:11.87¢
Delta SkyMiles1:11.34¢
Choice Privileges1:11.26¢
Emirates Skywards5:41.24¢
Hilton Honors1:21.18¢
JetBlue TrueBlue1:0.80.99¢
Marriott Bonvoy1:10.93¢
Aeromexico Rewards1:1.6–
ANA Mileage Club1:1–
Leading Hotels of the World Leaders Club4:1–
Qantas Frequent Flyer1:1–
US cards that earn Amex Membership Rewards points
How Amex Membership Rewards compares
Every US credit card points currency AwardHack values, highest first.
- 1Wells Fargo Rewards2.38¢
- 2Citi ThankYou Rewards2.29¢
- 3Bilt Rewards2.05¢
- 4Capital One Miles2.04¢
- 5Chase Ultimate Rewards2.00¢
- 6Amex Membership Rewards1.99¢
- 7Brex Rewards1.60¢
- 8Barclays points1.00¢
Amex Membership Rewards: common questions
How much are Amex Membership Rewards points worth?
About 1.99¢ each by AwardHack's valuation, last revised February 14, 2026. That's what they're typically worth when redeemed well, not a fixed cash-out rate.
How much are 100,000 Amex Membership Rewards points worth?
About $1,990 at 1.99¢ each. 50,000 are worth about $995 and 25,000 about $498.
Are Amex Membership Rewards points worth more than other points?
They rank 6th of the 8 credit card points currencies AwardHack values. Chase Ultimate Rewards is just above at 2.00¢ and Brex Rewards is just below at 1.60¢. The highest is Wells Fargo Rewards at 2.38¢.
What's the best way to use Amex Membership Rewards points?
Transferring them to partners usually beats cash back or a travel portal. By AwardHack's valuations the partners where a point goes furthest are Aer Lingus AerClub (1:1, 3.73¢ a point), Virgin Atlantic Flying Club (1:1, 3.60¢ a point), Iberia Club (1:1, 2.94¢ a point) and Avianca LifeMiles (1:1, 2.85¢ a point). Check award space before you transfer: transfers usually can't be undone.
Which credit cards earn Amex Membership Rewards points?
Amex Business Platinum, Amex Business Gold, Amex Platinum, Amex Gold, Amex Platinum (Schwab), Amex Platinum (Morgan Stanley) and 5 more in the US.
Values are AwardHack's estimates of what a point is typically worth when redeemed well, in US cents. They aren't cash-out rates: the same points are usually worth less as cash back, gift cards or portal bookings, and can be worth more on a great award. Transfer ratios come from the programs and can change.