How Do I Maximize My Amex Platinum Points?

Can I use Amex points to pay balance?

If you’re on your Online Account, select Pay your Card charges with Points.

Once selected, choose a transaction and settle it with Points.

If you’re on the Amex App you can select a transaction and Pay your Card charges with Points.

You will see a statement credit appear on your Account within the next three days..

How are reward points calculated?

One way of calculating the value of the reward point is by checking the price of the gift available against redemption. For example, a credit card company is offering Rs 1,000 wrist watch against 5,000 reward points. Thus, each reward point is worth 20 paise.

How much is 1000 American Express points worth?

Once you earn Amex Membership Rewards points, you’ll want to redeem them for the best value you can. You can get between 1 cent and 5 cents in value per Amex Membership Rewards point on average, with redemption values even higher with a little research.

How much is 50000 Amex points worth?

So 50,000 points would get you $500 worth of gift cards.

Do Amex points expire?

Do Membership Rewards® points expire? Membership Rewards® points have no expiration date. However, points may be forfeited as described in the program Terms and Conditions.

Is Amex platinum worth it?

The card comes with a $200 Uber credit, $200 airline incidental credit, and $100 Saks Fifth Avenue credit — which effectively cancel out much of the annual fee. … Given the number of luxury benefits you receive from having the card, if you can afford the annual fee, then yes the Amex Platinum card is definitely worth it.

How much is 75000 Amex points worth?

In my most recent monthly points and miles valuations, 75,000 Membership Rewards points is easily worth $1,425 in award travel.

What are Amex points good for?

American Express lets you redeem your points for a variety of gift cards, including travel, restaurants and retailers. This is a relatively decent redemption option – most of the gift cards will give you a value of 1 cent per point, which is par for Membership Rewards.

How do I maximize my Amex points?

Here are some examples:Redeem rewards at any time for any amount per transaction.Transfer rewards to the loyalty programs of Amex travel partners.Transfer rewards between business and personal Membership Rewards accounts.Use a combination of points and cash for travel purchases.More items…•

How much is 30 000 American Express points worth?

The easiest option is to use Pay with Points, which gets you 1 cent per point when booking through the Amex Travel portal. Using that method, your 30,000 points are worth $300.

How much is 20000 Amex points worth?

You can exchange 20,000 Membership Rewards for $100 worth of travel through helloworld Travel. This includes cruises, flights, accommodation and travel packages.

How many AMEX points equal a dollar?

Earn 4 Membership Rewards points per dollar spent at restaurants worldwide. Earn 4 points per dollar spent at U.S. supermarkets (on up to $25,000 in spending each year, then 1 point back). Earn 3 points per dollar spent on flights booked directly with airlines and amextravel.com.