Here are the top ways to redeem membership rewards points earned with the American Express Gold Card: - Transfer to a partner hotel or airline (2 cents per point or more) - Book or upgrade a flight using Amex Travel (1 cent per point) - Gift Cards (up to 1 cent per point) - NYC Taxis (1 cent per point) Other methods, including statement credits, giving to charity, and shopping offer value less than 1 cent per point. I do not recommend any of them.