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Amex Membership Rewards® Points are worth about 1.5¢ each in the PointsMax model, valued at realistic redemption yields rather than best-case rates. Here is how that valuation works and which cards earn them.

Amex Membership Rewards® Points

flexible travel Ecosystem

PointsMax Valuation1.5¢per point / mile
Redeeming for travel transfer partners yields maximum value.
Portal redemptions generally provide a fixed 1.0¢ to 1.5¢ floor value.

Why PointsMax Values Amex Membership Rewards® Points at 1.5¢

American Express Membership Rewards points are valued at 1.5¢. This valuation is powered by Amex's extensive list of international transfer partners (such as Air Canada Aeroplan, British Airways Executive Club, and Avianca LifeMiles), which enable high-value business class bookings.

Our valuations represent the estimated cash yield you can expect when booking typical award tickets or hotel nights using optimal redemption strategies, rather than baseline cash-back conversions.

Earning Credit Cards

Here are the cards in the PointsMax catalog that earn Amex Membership Rewards® Points, showing their primary multipliers and effective return values.

American Express Green Card®

American Express • Annual Fee: $150

Best Return3x (4.50%)

The Business Platinum Card® from American Express

American Express • Annual Fee: $895

Best Return3x (4.50%)

American Express® Gold Card

American Express • Annual Fee: $325

Best Return4x (6.00%)

American Express Platinum Card®

American Express • Annual Fee: $895

Best Return3x (4.50%)

Max out your Amex Membership Rewards® Points

Which combination of cards earns the most points for your specific grocery, dining, and travel expenses? Let our optimizer run the math for you.

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