American Express offers multiple rewards credit cards, some of which earn points on purchases in the form of Membership Rewards.
Membership Rewards vary in how much they’re worth depending on how you choose to redeem them. For example, you could potentially double their value by turning them into Hilton Honors loyalty points versus using them to shop at Yeti — and those are just two out of hundreds of options.
Here’s how to get the most out of your American Express Membership Rewards.
Membership Rewards: The basics
If you have an eligible AmEx credit card, you’ll earn Membership Rewards when you swipe. You can redeem those rewards for the following:
- Gift cards.
- Statement credits.
- Points with transfer partners, including airlines and hotels.
- Donations to charity.
You can log into your account and view all of your options on the American Express Membership Rewards website. American Express Membership Rewards points generally range in value between 0.5 cents and 1 cent each, depending on how you redeem them.
Cards that earn Membership Rewards
More than a dozen American Express cards earn Membership Rewards; here are some of the most popular:
- Earn 4 Membership Rewards points per dollar spent at U.S. restaurants.
- 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.
- Earn 1 point per dollar spent on all other eligible purchases.
- Earn 5 Membership Rewards points on flights booked directly with airlines or with amextravel.com.
- Earn 5 points on prepaid hotels booked on amextravel.com.
- Earn 1 point on all other eligible purchases.
Earn 4 Membership Rewards points per dollar spent in two categories (from the following six) where you spend the most each billing cycle (up to the first $150,000 in combined purchases per year; then 1 point back):
- Airfare purchased directly from airlines.
- U.S. purchases at restaurants.
- U.S. purchases at gas stations.
- U.S. purchases for shipping.
- U.S. purchases for advertising in select media (online, TV, radio).
- U.S. purchases made directly from select technology providers of computer hardware, software and cloud solutions.
Other spending earns 1 point per dollar spent. Terms apply.
- Earn 5 Membership Rewards points per dollar spent on eligible flights and prepaid hotels booked through American Express.
- Earn 1.5 points per dollar spent on individual purchases of $5,000 or more.
- Earn 1 point per dollar spent elsewhere.
Other Amex cards that earn Membership Rewards points include the Amex EveryDay® Credit Card, The Amex EveryDay® Preferred Credit Card from American Express, Blue from American Express®, and American Express® Green Card.
Other ways to earn Membership Rewards
AmEx doesn’t have a traditional “bonus mall,” per se, but you can enroll in individual “AmEx Offers” online to earn extra points for a limited time at certain retailers. You can opt in to these offers through your online account or the American Express mobile app.
How to redeem Membership Rewards
You have a lot of options when it comes to redeeming your Membership Rewards points, and the redemption value varies depending on how you use them. You can also look up the values for different options based on your credit card using a tool on the American Express Membership Rewards website. Here are ways to redeem:
Book travel via the AmEx portal or Expedia
You can use Membership Rewards points to book travel directly through American Express via the AmEx Travel site, where you can find flights, hotels and vacation packages. You can also use points to book directly through Expedia at checkout. Either way, the value of points ranges between 0.5 cents and 1 cent each in these cases.
Transfer points to travel partners
AmEx has multiple Membership Rewards transfer partners — more than any other major U.S. credit card loyalty program — and you can transfer your points directly to those partners’ loyalty programs, although the transfer rate varies by partner.
In some cases, you can get a 1-to-1 rate for your transfer. For example, you’d need 1,000 Membership Rewards points to exchange for 1,000 British Airways Avios. NerdWallet values Avios at 1 cent each, so your AmEx points are worth 1 cent each with this method.
Cover your card charges
You can redeem your Membership Rewards points for a statement credit, which is essentially a cash-back option. Points are generally worth 0.6 cents a piece when used in this way.
Shop with points via the American Express site
Cardholders can get discounts and shop with points at retailers from Sephora to Tumi, with the point value varying by store. At Yeti, for example, points are worth about 0.5 cents each. Cardholders can also shop for unique experiences, like VIP treatment at the Met Museum in New York, a $400 value that costs 80,000 points, for a value of 0.5 cents each.
Use points toward online purchases elsewhere
When you’re shopping online at retailers including Walmart and Amazon, you can use your points to pay at checkout. You may have to sign into the retailer’s account, enter your card number or otherwise follow the prompts to pull up your point balance. Points are typically worth 0.5 cents when used in this way, with some variance.
Redeem for gift cards
You can redeem your points for gift cards through the AmEx site at several dozens of retailers, from Home Depot to iTunes, and the point value varies by retailer. At Target, a $25 gift card costs 3,572 points, making each point worth about 0.7 cents. At Tiffany, a $250 gift card costs 25,000 points, making each point worth 1 cent.
Donate to charity
After selecting a cause through the JustGiving website, you can make a donation using points. Points are generally worth 0.7 cents when used in this way.
The fine print
Membership Rewards points don’t expire, and there’s no cap on the amount you can earn.
Information related to the Amex EveryDay® Credit Card, The Amex EveryDay® Preferred Credit Card from American Express, Blue from American Express®, and American Express® Green Card has been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.