Many American Express cards earn rewards in the form of the branded points called Membership Rewards® points. As with most credit cards, these points can be redeemed for a variety of rewards including statement credits, travel or gift cards. Different redemption options often yield different values, though most reward program points tend to hover around 1 point equaling approximately 1 cent. Many redemption options for Membership Rewards points fall below 1 cent, however.
Amex’s cash-back cards, like the Blue Cash Preferred® Card from American Express, and co-branded hotel and airline cards, like the Delta SkyMiles® Platinum American Express Card, have different rewards systems. And while the redemption rates for cards that earn Membership Rewards points are fairly similar, they’re not all the same.
These point values come directly from American Express. For the designated return rates on flights, prepaid hotels and prepaid car rentals, you’ll have to book your accommodations through the American Express Travel portal. Otherwise, you can redeem your points for general purchases (including travel purchases) for a lesser amount.
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- Intro Offer
-
Earn 80,000 points Earn 80,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
- Annual fee
- $695
- APR
- See Pay Over Time APR
- Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
-
670 – 850
Good – Excellent
- Rewards rate
-
5x – 5x Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.; Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
The Platinum Card from American Express point values
| Redemption Method | Value |
|---|---|
| Statement credit | 1 point = 0.6 cents |
| Amazon (pay with points at checkout) | 1 point = 0.7 cents |
| Flights (booked through American Express Travel) | 1 point = 1 cent |
| Prepaid rental cars (booked through American Express Travel) | 1 point = 0.7 cents |
| Prepaid hotels (booked through American Express Travel) | 1 point = 0.7 cents |
| Gift cards | 1 point = up to 1 cent |
For more information, check out our full review of The Platinum Card® from American Express.
- Intro Offer
-
60,000 points Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
- Annual fee
- $250
- APR
- See Pay Over Time APR
- Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
-
670 – 850
Good – Excellent
- Rewards rate
-
3x – 4x Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S.; Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).; Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
American Express Gold Card points value
| Redemption Method | Value |
|---|---|
| Statement credit | 1 point = 0.6 cents |
| Amazon (pay with points at checkout) | 1 point = 0.7 cents |
| Flights (booked through American Express Travel) | 1 point = 1 cent |
| Prepaid rental cars (booked through American Express Travel) | 1 point = 0.7 cents |
| Prepaid hotels (booked through American Express Travel) | 1 point = 0.7 cents |
| Gift cards | 1 point = up to 1 cent |
See our full review of the American Express Gold Card for more details.
- Intro Offer
-
40,000 points Earn 40,000 Membership Rewards® points after you spend $2,000 on purchases on your new Card in your first 6 months
- Annual fee
- $150
- APR
- 20.74% – 28.74% Variable
- Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
-
670 – 850
Good – Excellent
- Rewards rate
-
1x – 3x 3X Membership Rewards® Points on Restaurants worldwide, including takeout and delivery.; 3X points on transit including trains, buses, ferries, subway, and more.; 3X points on travel including airfare, hotels, cruises, tours, car rentals, and more.; 1X points on other purchases
American Express® Green Card* point values
| Redemption method | Value |
|---|---|
| Statement credit | 1 point = 0.6 cents |
| Amazon (pay with points at checkout) | 1 point = 0.7 cents |
| Flights (booked through American Express Travel) | 1 point = 1 cent |
| Prepaid rental cars (booked through American Express Travel) | 1 point = 0.7 cents |
| Prepaid hotels (booked through American Express Travel) | 1 point = 0.7 cents |
| Gift cards | 1 point = up to 1 cent |
- Intro Offer
-
15,000 Points Earn 15,000 Membership Rewards® Points after you spend $2,000 in qualifying purchases on the Card within your first 6 months of Card Membership
- Annual fee
- $95
- APR
- 17.74% – 27.74% Variable
- Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
-
800 – 850
Excellent
- Rewards rate
-
1x – 3x 3x points at U.S. supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at U.S. gas stations; 1x points on other purchases
Amex Everyday® Preferred Credit Card* point values
| Redemption method | Value |
|---|---|
| Statement credit | 1 point = 0.6 cents |
| Amazon (pay with points at checkout) | 1 point = 0.7 cents |
| Prepaid flights (booked through American Express Travel) | 1 point = 1 cent |
| Prepaid rental cars (booked through American Express Travel) | 1 point = 0.7 cents |
| Prepaid hotels (booked through American Express Travel) | 1 point = 0.7 cents |
| Gift cards | 1 point = up to 1 cent |
- Intro Offer
-
10,000 Points Earn 10,000 Membership Rewards® Points after you use your new Card to make $2,000 in purchases within the first 6 months of Card Membership.
- Annual fee
- $0
- APR
- 17.74% – 28.74% Variable
- Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
-
670 – 850
Good – Excellent
- Rewards rate
-
1x – 2x 2x points at U.S. supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases
Amex Everyday® Credit Card* point values
| Redemption method | Value |
|---|---|
| Statement credit | 1 point = 0.6 cents |
| Amazon (pay with points at checkout) | 1 point = 0.7 cents |
| Flights (booked through American Express Travel) | 1 point = 1 cent |
| Prepaid rental cars (booked through American Express Travel) | 1 point = 0.7 cents |
| Prepaid hotels (booked through American Express Travel) | 1 point = 0.7 cents |
| Gift cards | 1 point = up to 1 cent |
*All information about the American Express Green Card, Amex Everyday Preferred Credit Card and Amex Everyday Credit Card has been collected independently by CNET and has not been reviewed by the issuer.
For rates and fees of The Platinum Card from American Express, click here.
For rates and fees of the American Express Gold Card, click here.
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