
The Business Platinum Card® from American Express recently launched the grandaddy of all intro offers. Earn 150,000 points if you spend $20,000 in the first three months, worth about $1,500 to $3,000 when redeemed.
Assessing the average value of American Express Membership Rewards® is tricky because there are many ways to redeem them. American Express values each point between 0.6 cents to a penny. Bankrate and The Points Guy value each point at up to two cents, assuming cardholders employ the best redemption strategies. This article assumes each point is worth between one and two cents. So, we estimate that 150,000 points are worth between $1,500 and $3,000.