What point threshold makes it worth it to pay the $35 AMEX reward point reinstatement fee? 7k points (.5 cents per point)?

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I typically redeem Amex points at a rate of about 1,000 = $10, so for 7,000 points you can likely get a gift certificate in the $60-80 range, significantly more than the reinstatement fee.

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The value depends on how you choose to redeem it (travel vs. electronics vs. perfumes etc.). 5-10K points would be the range.

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