$5000+ Business Class flight booked for 50k points and $205. Houston to Paris in the beautiful Air France Business Class. My clients only booked 2 seats. There may still be 3 seats left!
This is a great example on how your flexible credit card points and miles can be used for great value. You can transfer Amex, Chase, Capital One, Citi, or Bilt points to the Flying Blue program (Air France/KLM) (and sometimes other sky team alliance partner flights are available)
These deals can be found on flying blue from major US hubs to Major Hubs in Europe like Amsterdam, Paris, etc. These deals can get even better if your bank happens to be offering a transfer bonus at the time or if your route has a flying blue promo fare. Promo fares change each month around the 1st of the month.
These are one of the most consistent values for flying to Europe in business class on points. Normally business class is 50-70k points one way per person.
Cash prices for Business class tickets to Europe from major US hubs is usually $3000-4000 round trip per person. The cash price of these flights is elevated due to this being a last minute trip.
50,000 American Express Points is only worth $500 in the Amex portal at 1 cent per point. But you can see in this example how just 50k points can be used to book a plane ticket worth several thousand dollars.