Points valuation
What are American Express Membership Rewards points worth?
Our baseline is a practical target for judging redemptions, not a guaranteed cash value.
CardCurator baseline
2.00¢
per points
Floor value
1.00¢
per points
Best-case value
3.00¢
per points
Transfer-bonus context
The highest tracked transfer bonus involving American Express Membership Rewards is 40%.
Active now
American Express Membership Rewards → Marriott Bonvoy: +35% through December 10, 2026
American Express Membership Rewards → Virgin Atlantic Flying Club: +30% through November 30, 2026
Last updated November 2, 2026