What are Amex Membership Reward points worth?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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What are Amex Membership Reward points worth?

Postby agp » Thu Aug 09, 2012 7:02 pm

What can MR points redeem? And what are the value per point generally for redemption? Can someone post a screenshot of his/her MR points mall? I want a color card but I want to know what MR points can get me.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

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Location: Atlanta, GA

Postby American » Thu Aug 09, 2012 7:56 pm

MR points are primarily for transferring to partners like Delta, SPG, so on… They terrible at redemptions for cash, statements, merchandise. They're .01 on almost all gift cards, minus Apple.

I'd say they're roughly worth 1.5 cents per point because if you do your homework and time it right you'll get a nice boost transferring. Personally, I'm waiting for the next 50% bonus when transferring to Delta.

MR points mall is down for indefinite amount of time. It has something to do with wanting to provide industry leading experience.

Here's a really great breakdown of their worth:
How Much Are American Express Membership Rewards Points Worth? | PlasticIQ.com
American Express '02: Platinum, Blue Cash Preferred 6k, SPG 2k, Delta Gold 1k
Barclaycard '11: Apple Financing Card 2.5k
Citi: Diamond Rewards 1.5k
Chase: Freedom 500
Discover '12: Discover IT 1.5k

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Location: Hawaii

Postby jlam572 » Thu Aug 09, 2012 9:04 pm

I made of the mistake of redeeming my points for everyday purchases. I know better now after being on this forum to save them up. Also save them before you fly and decide whether or not to transfer them to miles or not.
American Express Platinum
Chase Sapphire Preferred
Hawaiian Airlines BOH MC
Capital One Visa Platinum
Citi Diamond Preferred MC

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