Amex Membership Rewards points are worth about 2 cents each when you transfer them to the best airline partners, such as ANA or Virgin Atlantic. The same points are worth only 0.6 cents as a statement credit. How you redeem decides whether 100,000 points are worth $600 or $2,000. Enter your balance below to see the numbers.
Transfer to ANA for premium cabin awards to Asia: about 2.0 cents per point
Transfer to Virgin Atlantic for Delta One and ANA flights: about 1.8 cents per point
Transfer to Aeroplan, British Airways or Singapore: about 1.5 cents per point
Statement credits and shopping with points: 0.5-0.6 cents per point - avoid
About $2,000 when transferred to a strong airline partner, about $1,000 through Amex Travel flights, and about $600 as a statement credit.
If you do not need the points now, yes. Amex often runs 20-40% bonuses to partners. Check the transfer bonus tracker before you move points.
No. Membership Rewards points do not expire while you hold a card that earns them. Transfer or use them before you close your last card.
See every partner on the Amex transfer partners page, check whether the Amex Platinum is worth it, or compare with how much Chase points are worth.