Amex Membership Rewards transfer partners: Redeem your points with airlines and hotels

American Express Membership Rewards points are a valuable transferable rewards currency that can be redeemed for flights and hotel stays through the American Express Travel portal, gift cards and at online merchants like Amazon and Dell.When redeeming your Amex points this way, you will typically get 0.5 to 1 cent per point. However, TPG values Amex points at 2 cents per point, per our August 2026 valuations — and here's why.American Express Platinum Card®: Find out your offer. You may be eligible for as high as 175,000 Membership Rewards points after spending $12,000 on purchases in your first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.American Express offers an impressive roster of 16 airline partners and four hotel transfer partners. Therefore, by transferring your points to a partner loyalty program, you can often squeeze more value out of your hard-earned rewards.So, whether you want to fly first class to Asia or book a family vacation to Spain, keep reading to learn everything you need to know about the value of American Express Membership Rewards transfer partners.FRESHSPLASH/GETTY IMAGESWho are the American Express Membershi...