Reviewed by Joseph Hellman-Benjamin, Founder and CEO. Last reviewed: October 9, 2026. Editorial Policy
American Express Membership Rewards points are worth about 2.0 cents each when transferred to airline and hotel partners, according to The Points Guy’s October 2026 valuation. Used directly through American Express, they are worth much less: typically about 1 cent each for flights booked through Amex Travel and about 0.6 cents as a statement credit. Amex points vs. cash back compares that with a cash back card.
Amex Points to Dollars Calculator
Amex points to dollars
Estimated value:
Default value is The Points Guy’s October 2026 estimate. Change it to test your own redemption.
Values at 2.0 cents when transferred to partners (The Points Guy, October 2026), 1.0 cent for flights through Amex Travel and 0.6 cents as a statement credit. Transfer value depends on finding a good award; the other two are fixed.
Amex Points Value Table
| Membership Rewards points | Transferred to partners (2.0 cents) | Flights through Amex Travel (1.0 cent) | Statement credit (0.6 cents) |
|---|---|---|---|
| 10,000 | $200 | $100 | $60 |
| 25,000 | $500 | $250 | $150 |
| 50,000 | $1,000 | $500 | $300 |
| 60,000 | $1,200 | $600 | $360 |
| 75,000 | $1,500 | $750 | $450 |
| 80,000 | $1,600 | $800 | $480 |
| 100,000 | $2,000 | $1,000 | $600 |
| 150,000 | $3,000 | $1,500 | $900 |
| 200,000 | $4,000 | $2,000 | $1,200 |
The partner figure is an average estimate, not a cash price. Rates for Amex Travel and statement credits are typical published rates and can vary by card and offer.
Why Amex Points Are Worth More as Transfers
Membership Rewards points transfer to a long list of airline and hotel programs, including Delta, British Airways, Air France-KLM, Emirates, Hilton and Marriott. A good partner award, especially in a premium cabin, can return 2 cents or more per point. Our guide to transferring Amex points covers the partners and how transfers work.
Ways to Use Amex Points, Best to Worst
- Transfer to an airline or hotel partner: highest typical value, but takes some planning.
- Book flights through Amex Travel: about 1 cent per point, simple.
- Gift cards and shopping: usually under 1 cent per point.
- Statement credit: about 0.6 cents per point, the lowest common option.
- Sell to a broker: cash, but against the Membership Rewards terms, which say you can’t sell points and let American Express take them away or cancel the card. If you have decided to sell, see our Sell Amex Points page for a written quote, and read our guide to the risks first.
From the ranked list on this page. Selling points to a broker is against the Membership Rewards terms, which let American Express take points away or cancel the card.
For Chase, Citi, Capital One, Wells Fargo and Bilt, see the credit card points value calculator.
Frequently Asked Questions
How much are 100,000 Amex points worth?
About $2,000 transferred to partners at 2.0 cents, about $1,000 for flights through Amex Travel, and about $600 as a statement credit.
How much are 50,000 Amex points worth?
About $1,000 at the partner value, $500 through Amex Travel, or $300 as a statement credit.
What is the best way to use Amex points?
For most people, transferring to an airline partner for a flight they would otherwise pay cash for.
Can you convert Amex points to cash?
Only at a low rate, through a statement credit. Brokers buy points for cash, but the Membership Rewards terms prohibit selling.