What are American Express membership rewards points?

Membership Rewards points are the points currency of American Express. If you have an Amex card that earns Membership Rewards points, you will earn them for everyday spending, just as you would earn airline miles with an airline-branded card or hotel points with a hotel-branded card.

How much do Amex points cost for airfare?

When you redeem your Membership Rewards Points for airfare through the American Express Travel, they will have a value of 1 cent each. This means a $300 flight would cost you 30,000 Membership Rewards Points to cover it. You will get 1 cent per AMEX Point redeeming for airfare.

How many Amex points does a $300 flight cost?

This means a $300 flight would cost you 30,000 Membership Rewards Points to cover it. You will get 1 cent per AMEX Point redeeming for airfare. The exception to this is by using The Business Platinum Card® from American Express which offers a 35% rebate.

How much are Amex points worth?

AMEX Points Value = Cash Cost of Redemption ÷ Points Required. For example, if you were to transfer 80,000 Membership Rewards points to one of AMEX's airline partners to redeem them for a $1,200 flight, your points would be worth 1.5 cents each. This is because $1,200 divided by 80,000 points is $0.015.