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American Express membership rewards points you may see influencers and websites talking about how they are worth an average value of 2 cents per Point yet all the easiest Redemption options give you much less you could get a statement credit on your card at 0.6 cents per point you could redeem them for flights through the travel portal at 1 cent per point or if you have the Charles Platinum Card you could even cash them out at 1.1 cents per point but we all know to get get that magic 2 cent number or above and you can often get above Iamp;#39;ve had like six cents per point or more we have to transfer points out to Airline partners and book business class or first class flights yet for newcomers to this hobby this may be a very daunting Prospect since searching for award availability can be a pain and there are many mistakes you can make such as transferring points over to an airline only to discover there are no award tickets available and getting your points effectively stuck there