The Platinum Card from American Express Reward Points: Value, Check & Redeem Guide (2026)
Point Value
2¢ per point (via transfers)
Expiry
No expiry while account is open
Redemption Options
5
Last Updated
24-Mar-2026
Membership Rewards Value in 2026
Points worth approximately 2 cents each when transferred to airline partners. 1 cent via Amex Travel portal. 0.6 cents as statement credit. Annual fee is $695. Extensive credits offset cost: $200 airline fee credit, $200 Uber credit, $200 hotel credit, $155 Walmart+ credit, $240 entertainment credit, and more.
How to Check Your Membership Rewards Balance
Amex Mobile App
- 1Open the Amex app
- 2Your Membership Rewards balance is shown on the home screen
- 3Tap 'Rewards' or 'Membership Rewards' for detailed balance
- 4View points history and redemption options
American Express Online
- 1Log in to americanexpress.com
- 2Click on 'Membership Rewards' in the top navigation
- 3View your points balance and earning activity
Customer Care
- 1Call the Platinum concierge line
- 2Authenticate your identity
- 3Ask for your Membership Rewards balance
Number: 1-800-528-4800
How to Redeem Membership Rewards
Transfer to Airline Partners
Best ValueTransfer 1:1 to 20+ airline partners including Delta, ANA, Air France-KLM, British Airways, Singapore Airlines, and more
Value: 1.5 - 2+ cents/point
Transfer to Hotel Partners
Transfer to Hilton (1:2 ratio), Marriott (1:1), and Choice Hotels
Value: 1 - 1.5 cents/point
Amex Travel Portal
Book flights at 1 cent per point (or 1.5x for select airlines via Pay with Points)
Value: 1 - 1.5 cents/point
Statement Credit
Apply points to charges at a reduced rate
Value: 0.6 cents/point
Gift Cards & Shopping
Redeem at checkout on Amazon, Best Buy, and more
Value: 0.5 - 0.7 cents/point
Best Redemption Strategy
Transfer to airline partners (ANA, Aeroplan, Virgin Atlantic) for business/first class flights at 2+ cpp. Avoid statement credits and gift cards which give under 1 cpp.
Expiry Policy
Membership Rewards points do not expire as long as your card account is open and in good standing. Points are forfeited if you close all MR-earning cards.
Exclusions
- ×Statement credits give very poor value (0.6 cpp)
- ×Gift card and Amazon checkout redemptions are poor value
- ×$695 annual fee — must use credits to offset the cost
- ×Charge card — technically no preset spending limit, but Amex may limit based on spending patterns
Pro Tips
- 💡Earn 5X on flights booked directly with airlines or via Amex Travel
- 💡Earn 5X on prepaid hotels booked via Amex Travel
- 💡Enroll in statement credits: $200 airline incidentals, $200 Uber ($15/mo + $20 Dec), $200 hotel credit, $155 Walmart+, $240 digital entertainment
- 💡Centurion Lounge access for you and 2 guests (or immediate family)
- 💡Priority Pass Select lounge access included
- 💡Transfer to ANA Mileage Club for premium cabin sweet spots (e.g., 88K for business to Japan round trip)
- 💡Global Entry or TSA PreCheck credit every 4.5 years
- 💡Fine Hotels + Resorts and The Hotel Collection offer elite-like benefits at luxury properties
- 💡Hilton Gold status and Marriott Gold status included
Related Guides
Information is for reference only. Point values and policies may change. Always verify with American Express official sources. Last updated: 24-Mar-2026.