When you redeem points through American Express’ Membership Rewards gift cards portal, you’ll get anywhere from 0.5 cents to 1 cent per point.
And because one of those partners is PayPal, you can use Pay with Points at millions of online stores around the world.Ģ. For example, 10,000 points will get you up to $70 towards purchases at select online retailers, food delivery services, and more (about 0.7 cents per point).
Sixteen retailers let you link your American Express Membership Rewards account so you can use Pay with Points at their online checkout, typically redeemed at a value of 0.5 cents to 1 cent per point. To give you an overview of how points value can change, here are some common redemption methods and their approximate points values:ġ. From first class travel to gift cards and statement credits, the dollar-to-point value for American Express Membership Rewards points ultimately depends on how you choose to redeem them.