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It’s been nearly 6 years since Ben last put together a series on the best ways to use American Express Membership Rewards points by region. Since late 2012, we’ve seen a lot of changes to award charts so it was definitely time for a refresh.
In our latest points valuation, we have Amex Membership Rewards points listed at 1.7 cents each. To be clear, how you choose to redeem your Amex points will dictate the cents per point value you’ll get.
If you’re booking international first class awards, you can expect to get much more value. Even many business class awards will exceed 1.7 cents per point in value. Economy awards are where you really have to put in some thought. With cheap economy fares, it might make sense to pay cash for a ticket — if it fits your budget — and save your points for later.
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