How much are Amex Membership Rewards points worth?

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 tables of Amex rewards points values for your quick reference.

This table below shows the value of your Amex points if you choose to convert them to one of these popular frequent flyer programs to book in Business or First Class flights.

* Conversions are based on the ratios indicated as of 29/12/2025. Ratios may be subject to change.

* This table includes the most popular frequent flyer programs. If yours is not listed, please reach out to us.

Need help booking your reward flights?

We help Australian frequent flyers book travel with reward points. We have helped American Express customers turn their Amex Membership Rewards into custom travel arrangements quickly and simply. We help you fly further, for less.

To book your points flight, fill out our booking enquiry form and we’ll be in touch soon.

View Examples

If you’re looking for conversions with example itineraries, please see our pages here:

What do I save if I book with points?

That’s a great question, and the short answer is, it’s complicated. The easiest way to answer it is through an example:

A client wants two business class return tickets flying from Perth to London, paid for using Amex Points.

Amex Points Needed

Airline FF Points required for the seats is 600,000.

The Amex Points conversion rate to Airline FF Points is 2 to 1

The client will need to convert 1,200,000 Amex Points to receive 600,000 Airline FF Points

Cost of Amex Points

The client earns 2.25 Amex Points for every dollar spent using their Amex Platinum Card

The total Amex spend needed to get the required points is 1,200,000 / 2.25 = $533,333.33

Amex charges an average of 1.8% on transactions

The cost to the client to get the points is $533,333.33 * 1.8% = $9,600

Cost of Paid Tickets

Two paid return business class tickets would typically cost $25,000.

Savings Using Points to Book

The total savings to the client would be $25,000 – $9,600 = $15,400

Savings Converting Points to Cash

If the client had opted to use the same number of Amex points to offset the cost of the paid ticket, the savings would only have been 1,200,000 * 0.005 = $6,000!

About The Well Connected Traveller

The Well Connected Traveller is a boutique, full-service, luxury travel agency that specialises in reward seat bookings for clients with 1,000,000+ reward points.

For over a decade, we have helped travellers create the memories of a lifetime by designing unique travel experiences ranging from extraordinary adventures to first-class travel and that takes full advantage of their accumulated rewards points across multiple reward programmes.

Our customer experience is built on care, excellence, expertise, and a genuine desire to go the extra mile. The Well Connected Traveller is where travel and first-class personnel service meet.

How to get started?

1

Step 1

Tell us about your reward points, your travel plans and your preferences.

2

Step 2

We get to work researching the best travel options for you for a flat fee of $225 per request.

3

Step 3

We will present you the best options we've found and work to finalise your trip details.

4

Step 4

We do the hard work for you and book your entire trip as part of our $375 pp booking fee.

We are points experts and we have been doing what we do for well over a decade. Contact us today to book your reward flights.
Fill out our Book With Points enquiry form and we’ll be in touch shortly to discuss your desired travel arrangements.

RECOMMENDED BY AMEX

“The Well Connected Traveller are experts in helping our customers get the best value out of their points, and in addition, they are full service travel agents who are able to assist you and your team with all your travel needs.”

*Disclaimer

The information in this article is current as of the time of writing. Points, conversion rates and dollar values presented are subject to change at any time for any reason and are not intended to be accurate quotations. The data presented is intended to provide approximate figures for the purposes of general planning only. Terms and conditions of airlines, points programs, travel consultancy services and any other pertinent services apply and are subject to change at any time. 

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The Well Connected Traveller

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