07 Mar 2023 By PAYCEC
The value of 1 million AMEX points depends on how they are redeemed. The value of AMEX points can vary depending on the redemption option chosen, and there is no fixed value.
For example, if you redeem 1 million AMEX points for cash back or statement credits, the value may be lower than if you redeem them for travel, hotel stays, or other rewards.
As a general guide, the point value can range from 0.5 cents per point to more than 2 cents per point, depending on how you redeem them. Therefore, 1 million AMEX points could be worth anywhere from $5,000 to $20,000 or more, depending on the redemption method.
The Amex Membership Rewards are one of the most valuable travel rewards you can earn. This point offers a high upside, thanks to a lucrative list of Amex's 17 airlines and three hotel transit partners, as well as significant value limits for eligible cardholders who book trips directly through Amex.
There's no denying that The Platinum Card® from American Express's welcome offer of 100,000 Membership Rewards points is a huge deal.
According to our valuations, 1,000,000 points are worth $20,200 and can be used in a variety of ways. Consider international business class, free domestic airfare, and hotel suite stays.
However, with so many options for redeeming your newly minted stash of American Express Membership Rewards points, you may become disoriented.
We'll show you 10 of our favorite ways to redeem 1,000,000 Membership Rewards points using Amex's various transfer partners to help you decide which redemption is best for you.
And now, let’s check out those 1,000,000 redemptions!
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