How Much Are 60,000 American Express Points Worth? (2024)

FAQs

How Much Are 60,000 American Express Points Worth? ›

60,000 American Express points are worth about $402, depending on which American Express credit card you have and what you spend the points on. You will get the best value for your American Express points when you redeem them for Travel, but there are multiple redemption options.

Transfer points to frequent traveler program partners: Up to 60,000 points in the partners' program. You can get around 2 cents per point in value when transferring points, meaning the 60,000 bonus points could be worth around $1,200 in travel.

For example, 60,000 points are worth $750 when redeemed for travel purchases, or $600 when redeemed for cash.

What Does 80,000 Amex Points Get You? According to our Newsweek Vault valuations, you're likely to get $952 of value from the 80,000 points. Amex Membership Rewards points can be used for a variety of redemptions, including travel booked through Amex, cash statement credits and transfers to airline and hotel partners.

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.

We sampled flight awards available with U.S. carriers and found that consumers need between about 5,000 and 140,000 miles to get a free one-way coach flight. Free flights in business or first class start at around 15,000 miles and climb to well over 400,000 miles one-way.

No, your Chase Ultimate Rewards^® points do not expire — as long as you keep your credit card account open. However, if you close your card account before redeeming or transferring your rewards, you'll no longer have those points.

What is the best way to use Amex points? ›

Transfer points to airline partners.

This is hands down the best way to maximize your Amex points because it gives you the most significant return — points can be worth up to two cents apiece when transferring to airline partners.

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

Please note, 5000 points is the minimum amount of points for Pay with Points at American Express Travel. The Membership Rewards® program offers Card Members the opportunity to transfer points to 19 reward program partners, which is more than any other major U.S. credit card rewards program.

If maximizing AmEx points' value sounds too complicated, you can always redeem them for a statement credit through the issuer's Cover Your Card Charges benefit. This will get you a paltry rate of just 0.6 cent per point.

50,000 American Express points are worth an average of $385, though the exact value depends on which American Express credit card you have and what you spend the points on. You can get as much as $500 in value when you redeem 50,000 Amex points for Travel, but there are multiple redemption options.

Welcome Offer. Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Plus, receive 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of Card Membership, up to $100 back.

2 Membership Rewards points transfer to 1 frequent flyer point or mile in most cases, so having 150,000 points in your Amex account means you'll get 75,000 frequent flyer points to spend overall. Of course, we can't travel internationally yet due to border restrictions.