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Minimum Reward Redemption Amounts by Card Issuer

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Have you tried to redeem rewards points or cash back earned through your credit card, but were disappointed to learn you don’t have enough accumulated to meet your reward program’s minimum redemption limit?

The most common minimum redemption limit is $25, and is often a requirement for cash back, a statement credit, direct deposit, a gift card, or to offset travel expenses charged to your card. However, when redeeming points for merchandise or upcoming travel, such as flights and hotel stays, the minimum redemption value is often much higher and varies based on the cost of the trip and merchandise.

And if you have multiple credit cards, it can be confusing to keep track of the minimum redemption amounts for each card.

We’ve put together a list of the minimum redemption amounts for major issuers so you have a one-stop guide for when to redeem credit card rewards. Just know, since redemption minimums for travel and merchandise vary, they, along with issuer co-branded cards, aren’t included below. And, the redemption options listed below may vary and are subject to change without notice.

Beware: Redemptions for statement credit cannot be used to pay the minimum due on your account. For example, if your minimum due is $25 and you redeem $25 in rewards as a statement credit, you will still need to make the minimum $25 payment.

American Express minimum reward redemption amounts

Cashback credit cards have the following minimums:

  • Statement credit: $25 in Rewards Dollars
  • Gift cards: $25 in Rewards Dollars

Membership Rewards credit cards have the following minimums:

  • Statement credit: $25 in Rewards Dollars
  • Gift cards: 1,000 Membership Rewards points

There’s also a minimum amount of points required for some Pay with Points rewards, listed below:

  • AMEX Travel: 5,000 points
  • AXS (Amex presale and reserved tickets): 2,000 points
  • Ticketmaster: 2,000 points
  • JustGiving: 1,000 points

Terms apply to American Express credit card offers. See americanexpress.com for more information.

Popular American Express cards

Bank of America minimum reward redemption amounts

The has the following minimums:

  • Statement credit: $0
  • Deposit into your Bank of America checking or savings account: $0
  • Credit to an eligible account with Merrill: $0

With the , you can set up automatic redemptions into an eligible Bank of America, Merrill account starting at $25. Note, statement credits, checks and contributions into a qualifying 529 account are not eligible for automatic redemption enrollment.

The and have the following minimums:

  • Statement credit: 2,500 points
  • Deposit into your bank account: 2,500 points
  • Gift cards: 3,125 points

The has the following minimums:

  • Statement credit: $25
  • Deposit into your bank account: $25

The has the following minimums:

  • Statement credit: 2,500 points
  • Deposit into your bank account: 2,500 point
  • Gift cards: 3,500 points

Popular Bank of America credit cards

Barclays minimum reward redemption amounts

Travel statement credit: 10,000 miles (toward a qualifying travel purchase of $100 or more made within the last 120 days)

  • Cashback statement credit: 5,000 miles for $25
  • Account annual fee: 2,500 miles for $25
  • Gift cards: 5,000 miles for $25

Popular Barclays credit card

Capital One minimum reward redemption amounts

  • Statement credit: No minimum
  • Check: No minimum
  • Gift cards: $25

Popular Capital One credit cards

Chase minimum reward redemption amounts

  • Statement credit: No minimum
  • Deposit into your bank account: No minimum
  • Gift cards: $25

Popular Chase credit cards

  • Chase Freedom Unlimited®
  • Chase Sapphire Reserve®

Citibank minimum reward redemption amounts

  • Statement credit: $25
  • Deposit into your bank account: $25
  • Gift cards: $25

Popular Citibank credit cards

  • Citi® Diamond Preferred® Card

Discover minimum reward redemption amounts

Discover it® cashback credit cards minimum redemption amounts:

  • Statement credit: $0.01
  • Deposit into your bank account: $0.01
  • Partner gift cards: $20
  • Pay with cash back directly at Amazon.com: No minimum
  • Charity donation: $0.01

Discover it® Miles minimum redemption:

  • Statement credit towards travel purchases: $0.01
  • Deposit into your bank account: $0.01

Popular Discover credit cards

  • Discover it® Miles
  • Discover it® Secured Credit Card

Wells Fargo minimum reward redemption amounts

  • Statement credit: $25/2,500 points
  • Deposit into an eligible Wells Fargo account: $25/2,500 points
  • Gift cards: $25/2,500 points
  • Popular Wells Fargo credit cards