American Express · business card
On $1,000 a month of spending, split evenly across restaurants, travel, groceries and everything else: yes.
24,000 points a year at 1.00¢ = $240, $600 of credits you'd actually use, minus the $895 annual fee = -$55 a year. The 150,000-point welcome bonus adds $1,500 in year one. A targeted offer of up to 300,000 exists but not everyone gets it, so it isn't in the figure above.
That is a worked example, not a figure about you — we have no idea what you spend. Put your own numbers in and the same arithmetic runs on those.
| On | Rate | Cap |
|---|---|---|
| Restaurants and takeaway | 1× Amex Membership Rewards | none |
| Flights, hotels and transport | 5× Amex Membership Rewards | none |
| Groceries | 1× Amex Membership Rewards | none |
| Everything else | 1× Amex Membership Rewards | none |
5x on flights and prepaid hotels through Amex Travel, 1.5x on purchases over $5,000.
Amex Membership Rewards points are worth about 1.00 cents each on our published table, our own. What Amex Membership Rewards points are worth →
150,000 Amex Membership Rewards — about $1,500 — after $20,000 of spending in 3 months. The example spending above does not clear that, so it is left out of the sum.
A targeted offer of 300,000 exists but lands in some people's accounts and not others, so it is shown as upside and never counted in the sum.
Targeted; the public offer is usually far lower.
Credits count for $600 in the sum above — what a typical holder actually redeems, not the sticker value of every credit on the page. $400 Dell credit and $200 airline fee credit, both in pieces and both needing enrolment.
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We may earn a commission if you apply through us, and it does not change the arithmetic above — a card that pays us nothing is scored identically. How we make money. Card terms as of 2026-09-18; check the issuer's page before applying.