Is it worth using Amex points for travel?

Yes, using Amex points for travel is generally worth it, often yielding more value (1.6+ cents/point) by transferring to airline/hotel partners for premium flights or stays, though booking flights via Amex Travel offers a solid 1 cent/point, and Business Platinum cardholders get a 35% rebate, making it excellent value for flights. Avoid low-value options like statement credits (0.6 cents/point) to maximize your rewards.

Is it worth it to use Amex points for flights?

Yes, transferring American Express (Amex) points to airline partners is usually better for getting higher value, especially for premium international flights, compared to booking through the Amex portal (fixed 1 cent/point) or for gift cards, as transfers can yield 2+ cents per point, though it requires knowing which partners to use and transferring only when you have a specific flight in mind to avoid losing flexibility. 

What is the 2 in 90 rule for American Express?

The Amex 2-in-90 rule is an American Express policy limiting new credit card approvals to two within a 90-day period, meaning a third application in that time frame will likely be denied automatically. This rule applies specifically to revolving credit cards, not charge cards (like Platinum or Gold), allowing users to potentially get two credit cards and unlimited charge cards within 90 days, though too many applications might trigger reviews. 

How much are $100,000 American Express points worth?

How much are 100,000 Amex points worth? At a minimum, these points should be worth $1,000 when paying for flights in the travel portal or gift cards offering 1 cent apiece in redemption value. However, you could fly round-trip to Europe in business class with Air France or KLM for 100,000 points.

What will 200K Amex points get you?

While 200K Amex points will typically only give you about $2,000 in value when you shop for flights in the Amex travel portal, you can sometimes find Business or First Class flights — that can normally cost over $10,000 — for only 200K points, when transferred to a frequent flyer program.

How To Redeem Amex Points Like A Pro (4 Examples)

What is the credit card limit for $70,000 salary?

With a $70,000 salary, you could expect a credit card limit in the $14,000 to $21,000 range or higher, but it heavily depends on your credit score, existing debt (Debt-to-Income Ratio), and the lender, with higher limits possible for excellent credit and low debt. Lenders look at your ability to pay (DTI) rather than just income, so a strong credit history is key for higher limits, often starting around 20-30% of your income and going up. 

What is the hardest Amex card to get?

The Centurion® Card from American Express is one of the world's most elite cards because it requires an invitation to apply and is very prestigious to own. You reportedly need to earn at least $1 million per year and spend at least $350,000 annually on Amex cards just to be eligible.

What is the Amex lifetime rule?

Lifetime Rule: If you've ever had the same card before, you are most likely prohibited from getting a welcome offer for the card if you apply now. This is due to Amex's lifetime rule where you can supposedly only get the welcome offer on each Amex card once in your life.

What will $30,000 Amex points get me?

30,000 American Express Membership Rewards points are typically worth around $300 when redeemed for travel through Amex Travel (1 cent per point) or as statement credits, but can yield much more (potentially $600+) when transferred to airline/hotel partners for premium flights or stays, offering great value for short-haul flights or hotel nights, or less if redeemed for general gift cards/cash back (around $180-$210). 

Can I use Amex points on Amazon?

Eligible Card Members have the option of using points at amazon.com. When you use points at amazon.com toward your entire purchase, we will charge your purchase to your Card and deduct the points you used from your Membership Rewards® account. You will also see a statement credit for the points you used.

How can I maximize Amex points value?

If you want to maximize your Amex points, transferring them to partner hotel or airline loyalty programs will sometimes yield the highest value.

Is it cheaper to buy points or just buy a ticket?

It's usually cheaper to pay cash for cheap, short flights and use points for expensive, long-haul, or premium cabin tickets, but you should always do the math: calculate your points' value (cash price / points needed) and compare it to the cash price to see if redeeming points makes sense, as buying miles is often costly unless you're close to a redemption or there's a major sale. 

What's the best thing to spend Amex points on?

The best way to use Amex points for maximum value is to transfer them to airline partners for premium international flights, often yielding 2+ cents per point, especially with programs like Air Canada (Aeroplan) or Air France/KLM (Flying Blue) for business/first class. While booking flights through AmexTravel.com gives a solid 1 cent per point, it's less value than strategic transfers, and redeeming for cash, statement credits, or most gift cards is generally a poor value (0.6-0.7 cents/point). 

What are the downsides of Amex?

The main cons of American Express (Amex) include high annual fees on premium cards, a lower acceptance rate by merchants (especially internationally) compared to Visa/Mastercard due to higher fees for businesses, and benefits that require significant effort to maximize (like monthly credits that need tracking). Many perks, like specific travel credits, only offer full value for frequent travelers who can consistently use them, making them impractical for others, and some cards offer low base rewards on everyday spending.
 

What salary do you need for a platinum Amex?

While there's no strict minimum income, American Express looks for applicants with a strong ability to pay the high annual fee and charges, with suggested incomes often starting around $50,000+, though cardholders historically have very high average incomes (hundreds of thousands). Approval depends on your overall financial profile, including credit score, spending habits, and ability to handle the card's costs, with some regions having specific guidelines (e.g., S$120k income for no pre-set limit in Singapore). 

What credit score do you need for a $400,000 house?

Credit Score

When applying for a $400,000 home, lenders evaluate your credit scores to determine eligibility and the rates you'll receive: 740+: Best rates and terms. 700-739: Slightly higher rates. 660-699: Higher rates, may require larger down payment.

How many Americans have $20,000 in credit card debt?

A majority of Americans (53%) carry some, with an average balance of $7,719. However, a third of those carrying debt (32%) owe $10,000 or more, while almost 1 in 10 (9%) have credit card debt over $20,000.

What is a respectable credit limit?

If you're just starting out, a good credit limit for your first card might be around $1,000. If you have built up a solid credit history, a steady income and a good credit score, your credit limit may increase to $5,000 or $10,000 or more — plenty of credit to ensure you can purchase big ticket items.

What credit card has a $100000 limit?

The best credit card that is rumored to have a $100,000 credit limit is the Chase Sapphire Preferred® Card. While Chase does not publicly disclose the highest credit line available for the card, there are online reports of people getting around $100,000 in spending power, or even more.

Should a $20000 credit card have a $6000 balance?

How Much You Should Spend With a $20,000 Credit Limit. Spending between $200 and $2,000 per month is best for your credit score. You should avoid having a balance above $6,000 when your monthly statement gets generated. Even if you spend $0, your credit score will still improve just by having the account open.

What airlines partner with Amex?

Airline partners

• British Airways Club. 1 Membership Rewards Point = 1 Avios. ...
• Cathay. 1 Membership Rewards point = 1 Asia Miles. ...
• Delta SkyMiles® 1000 Membership Rewards points = 1000 SkyMiles® ...
• Important Update. ...
• Etihad Guest. ...
• Flying Blue. ...
• Iberia Club.

What is the best way to use Amex points for travel?

You can book flights or hotels directly through American Express Travel®, but redeeming points with a transfer partner usually results in a better redemption value. This is because Amex Travel only lets you redeem at a set 1 cent per point value for flights, while transfers can yield a much higher value.

How many Amex points is a $500 flight?

Book Travel with Amex.

Flights booked through American Express Travel can be redeemed at a points value of 1 cent per point. This means that 50,000 points could cover a $500 plane ticket.