Is your American Express Membership Rewards award a good deal?

The same booking, paid in cash.

What the award costs.

Cash still due on the award.

Fair deal

2.14¢each

2% more than the usual 2.1¢. The award saves $450; at the usual value the points are worth $441, so using points comes out $9.00 ahead.

Under 1.89¢ each is a poor deal and 2.52¢ or more a great one.
Great deal at up to
17,857
Breaks even at
21,428
Poor deal above
23,809

Set against a typical redemption value of 2.1 US cents each: 20% or more above it is a great deal, more than 10% below it a poor one.

Is your American Express Membership Rewards award a good deal? by Points Frog ↗ · An educational estimate, not financial advice.