Points Frog guide
American Express Membership Rewards vs Bilt Rewards
American Express Membership Rewards points and Bilt Rewards points are worth the same on Points Frog's valuations as of October 13, 2026: an estimated 2.1¢ each, so 50,000 of either come to about $1,050. The better program is the one you earn faster and can redeem where you want to go.
Values updated
| Measure | American Express Membership Rewards | Bilt Rewards |
|---|---|---|
| Value per point | 2.1¢ | 2.1¢ |
| 10,000 worth | $210 | $210 |
| 50,000 worth | $1,050 | $1,050 |
| 100,000 worth | $2,100 | $2,100 |
| A great award | 2.52¢ or more a point | 2.52¢ or more a point |
| A poor award | under 1.89¢ a point | under 1.89¢ a point |
| Rewards currency | points | points |
| Run by | American Express | Bilt |
| Ranked | 1 of 6, Transferable points | 1 of 6, Transferable points |
Values are Points Frog's estimates of one point redeemed for good, available awards, not cash-out or transfer rates. How we value points.
American Express Membership Rewards
Earned with: Amex Gold Card, Amex Platinum Card. Best cards by category
Quick answers
Which is worth more, American Express Membership Rewards or Bilt Rewards?
American Express Membership Rewards points and Bilt Rewards points are worth the same on Points Frog's valuations as of October 13, 2026: an estimated 2.1¢ each, so 50,000 of either come to about $1,050. The better program is the one you earn faster and can redeem where you want to go.
Is a higher value per point always better?
No. A program worth less per point can still win if it earns more points per dollar or per flight, or if its awards fly where you want to go. Compare what you would earn on your own spending and the awards you would book before choosing between American Express Membership Rewards and Bilt Rewards.
Where do these values come from?
Points Frog's valuation catalog estimates what one point is worth when redeemed for good, available travel awards, in US cents. It is an editorial average, not a cash-out rate, and each program's page shows its dated valuation history.