Amex Membership Rewards Points Card

You want to get the best value from your Amex rewards. After all, you spent time, money and effort accumulating them. A question we’re often asked is, “How much are Amex Membership Rewards points worth?” so we created this table of Amex rewards points values for your quick reference.


Table 1. This table shows the rough value of your points if you choose to ‘convert them to cash’.


Amex Reward Points Value in airline miles* Value in Australian Dollars if converted to cash (*roughly)
25,000 12,500 $125.00
50,000 25,000 $250.00
75,000 37,500 $375.00
100,000 50,000 $500.00
150,000 75,000 $750.00
200,000 100,000 $1,000.00
250,000 125,000 $1,250.00
300,000 150,000 $1,500.00
400,000 200,000 $2,000.00
500,000 250,000 $2,500.00
750,000 375,000 $3,750.00
1,000,000 500,000 $5,000.00

* Estimated value is based on a value of 1 Qantas Point for a long-haul Business redemption of 3.5c. Estimated value is based on a value of 1 Amex Point for a ‘cash equivalent’ redemption of 0.5c and the estimated. Points cannot be exchanged for cash currency, table is for the purpose of demonstrating estimated equivalent values only.


It is a rough guide of course, meant only to give you an idea of the value you might receive in exchange for your reward points. It also makes a very important assumption about how you collected the points which we’ll explain further down below.


Remember, not all points values are created equal!


It’s important to be aware however, that travellers collecting Amex Rewards receive the best return (value) when booking Business class flights with their points, rather than ‘converting to cash’ as shown above.


Table 2. This table shows how many points are required to book Business class flights to these popular international destinations and how much more value can be achieved by doing this than by ‘converting points to cash’.

(*Tip: To view full table on mobile, rotate your device to landscape/horizontal view.)



Departure City

Sydney / Melbourne / Brisbane



Los Angeles




New York

































To compare, at the time of publishing a flight from:

  • Sydney to New York City business class is priced around $10,900 AUD
  • Perth to London business class is priced around $9,500 AUD
  • Sydney to London business class is priced around $8,200 AUD
  • Melbourne to Paris business class is priced around $7,300 AUD
  • Perth to Los Angeles business class is priced around $8,000 AUD

That’s quite a considerable difference in value, isn’t it?


Here’s the catch though


The table values shown above assume that when collecting those points, you never paid more than a 2% merchant fee on your transactions.


The important thing to know about accumulating Amex Rewards points – and the key secret that savvy points collectors understand – is that getting the most value from your points (that is, paying the least amount for them) depends on what you’re paying in merchant fees when you charge goods and services to your American Express travel rewards credit card.


How to get the most value from your Amex Membership Rewards points


Let’s say you purchase a new laptop computer for $2,000 and charge it to your Amex card so you are then entitled to 4250 Amex points. (Generally $1 spent = 2.25 point earned dependant on what type of card) However, the computer shop charges a fee of 2.5% on your purchase so earning those points actually costs you $2,050.


If you had only paid a 1.8% merchant fee, those 2000 points would have cost you $2,036 which may not seem like much, but it adds up when you’re dealing with hundreds of thousands or millions of points.


Paying high merchant fees means that the potential value of your earned reward points drops. For this reason, we recommend you use American Express only when the merchant fee is under 2%.


But if you have a business and would like to know how to get more Amex points and get the best value from Amex rewards, keep reading.


The easiest way to accumulate more Amex Membership Rewards points


We would like to introduce you to an innovative new platform that many of our clients are now using called which allows you to use any major credit card for your business payments and earn rewards simply by running your business. You can turn everyday business payments into Amex rewards just by signing up with

This includes:

  • ATO Bills
  • Contractors & Suppliers
  • Rent
  • Payroll
  • Superannuation
  • Equipment & Capital goods
  • Consultant fees


What happens if your contractors and suppliers don’t accept credit card? That’s no problem. acts as an intermediary so you can earn points on contractor and supplier invoices.

The best part is,’s merchant fees start as low of 0.80% and allow you to earn full points for every dollar spent on all your business payments.


Real client example


We have a new client who lives in Victoria and owns a business in the wine industry. He signed up with only 2 months ago and by using their service for everyday business transactions, including lodging his BAS (Business Activity Statement), he has earned over 6,000,000 reward points.


If he had used his credit card directly for his BAS with the ATO (Australian Taxation Office), he would have paid 2.2% in merchant fees and only earned 1 point per dollar.


With, he paid a discounted rate of 1.8% merchant fee and earned full points at 2.25 points per dollar.


With this large amount of points collected, we have already booked for him:


  • 4x round trip Business Class flights from Sydney to London
  • 2x round trip Business Class flights from Manchester to Sydney
  • 2x round trip Business Class flights from Sydney to New York City


And he still has points to spare!


It’s an easy new way to effortlessly earn reward points on your chosen rewards credit card and right now we’re featuring a special offer where you can earn 125,000 BONUS PayPoints from when you sign up with this service.

Learn more about our rewards for businesses from




About The Well Connected Traveller


We help Australian Frequent Flyers book travel with their reward points and are recommended by Amex and to turn your points into the best value custom travel arrangements.

There are only a few travel consultancy services in Australia that do what we do. Most prefer not to work with points.

To deliver our calibre of service, it requires care, expertise and a genuine desire to go the extra mile for our clients. We do it because we have a passion for travel and for providing first-class, personal service.


Contact us or read more about how we book with points.

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