How many Amex points does Dave Portnoy have?

Redeeming Amex Points for Cash That's about 1/3 of their actual value when used correctly, so this is a dramatically bad redemption of the points Portnoy worked so hard to achieve. If he were to cash out directly using statement credits, Portnoy would receive about $900,000 on his 44.4 million Amex points.



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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.

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So what can 421,860,000 AmEx points get? According to the American Express Co.'s website, they can be converted to more than 28 million frequent flyer miles or about $180,000 worth of vouchers at Hong Kongretailer ParknShop.

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When it comes to air miles, a balance of 300,000 points opens up a world of destinations, from the beaches of the Seychelles to the buzz of San Francisco. Transfer your points to Avios to enjoy two return business class flights to some of British Airways most coveted US destinations.

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You can redeem your Membership Rewards points for a statement credit, which is essentially a cash-back option. Points are generally worth 0.6 cent apiece when used in this way.

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You can purchase points at a rate of $3.00 (plus applicable taxes) per 100 points up to a maximum of 25% of the total points required for the reward being redeemed. A minimum of 1,000 points must be purchased and purchases must be made in 100 point increments.

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Transferring your rewards points from Amex to Delta is relatively easy as long as you have online accounts with Delta and American Express. You can either search for a flight you would like to book via Delta's website or just transfer the points to your SkyMiles account for a future flight purchase.

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Consider transferring them to one of Amex's three hotel partners ? Hilton Honors at a 1:2 ratio, Marriott Bonvoy at a 1:1 ratio, or Choice Privileges (Choice Hotels) at a 1:1 ratio, though there's a special promotion now through October 31, 2021, that bumps up Hilton and Marriott transfers by 30 percent.

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