US EditionWhat are American Express Membership Rewards points worth? - The Points Guy
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What are American Express Membership Rewards points worth? - The Points Guy
Editor’s note: This is a recurring post, regularly updated with new information and offers. For years, American Express Membership Rewards points have sat at or near the top of our monthly valuations of loyalty currencies. According to TPG’s May 2025 valuations, Membership Rewards points are worth 2 cents each. This is almost the same as Chase Ultimate Rewards points and Bilt Rewards Points, but noticeably higher than nearly all major airline an…
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