Transferring American Express Membership Rewards points to travel partners is widely considered the most "worth it" way to use them, as it often unlocks valuations far exceeding the standard 0.6 to 1.0 cents per point found in the travel portal. By moving points to partners like Air Canada Aeroplan, British Airways Executive Club, or Virgin Atlantic, you can book international business and first-class cabins that would otherwise cost thousands of dollars. For example, a flight that costs $5,000 might only require 50,000 to 80,000 points, yielding a value of over 6 cents per point. However, it is only "worth it" if you have a specific high-value redemption in mind and have confirmed award availability before transferring, as transfers are irreversible. If you prefer simplicity and rarely fly long-haul, the portal or "Statement Credits" might be easier, though you'll be sacrificing significant potential value.