American Express Membership Rewards (USA) terms and conditions are published here. Points may be redeemed for cash. Points may not be redeemed for employee business travel.

http://www.membershiprewards.com/cat...rmsSplash.aspx

You may redeem in increments of 20,000 points for $100 in cash. Payment of the cash will be made by a credit to your Card account. Credits will not be made to a Corporate Card account. Corporate CMs with only the Corporate Card enrolled in the program may not redeem for this reward. However, Business CMs are eligible to redeem for this reward.



The program is intended to be a service provided to an individual, not a company. A CM may redeem points for rewards for personal or business purposes as that CM may choose. It is therefore considered fraudulent and abusive for any individual or company to (i) direct or compel any Corporate CM, Business CM or other individual to redeem points for company use or (ii) to direct, compel, encourage or allow a Corporate CM or other individuals to use a single Corporate Card account for the purpose of accumulating points for company use.