How Much Are Airline, Hotel, And Credit Card Points Worth?

The useful part

One Mile at a Time 28 Share Tweet I often get asked how much I value various miles & points currencies, including those issued with credit cards, airlines, and hotels. The truth is that there's no valuation for these currencies that everyone will agree on. Nonetheless, I try to use my knowledge of these programs to assign a value to each currency, which can fluctuate over time.

How it works

• Unlike other points currencies, I value these more or less the same, given just how many partners each program has.
• How to go about valuing miles & points With the above out of the way, how do I actually go about coming up with a value for miles & points?
• Let me share some basics on how I go about valuing miles & points, and everyone can decide for themselves how they want to go about it.
• Note that I've adjusted my valuation of many currencies, to reflect the devaluations we've seen over time.
• Value of bank & credit card points September 2026 To me, transferable credit card points are the gold standard of rewards currencies.

What to take from it

They offer a ton of flexibility, since you can transfer them to all kinds of partners. On top of that, there are so many lucrative credit cards that offer generous rewards structures for earning these points. Personally, I always try to earn transferable points currencies with my credit card spending.

Example or evidence

• It's important to keep in mind that major airlines have lots of partners, so the value of these miles isn't just based on the ability to redeem for travel on that particular airline, but also based on the...
• That's one of the reasons many prefer to earn hotel points rather than airline miles.
• Well, while more points are now needed for many hotel stays, revenue rates have also gone up considerably.
• Quite to the contrary, they're largely priced more reasonably than a decade ago.

Details worth keeping

Airline, Hotel, And Credit Card Points Worth?. Below are my valuations of the major transferable points currencies. The value of airline miles does vary significantly between programs.

Related coverage

• Onemileatatime: I've written in the past about the general state of miles & points, and about how it's the best of times, and the worst of times.
• Thepointsguy: Learn how Amex Pay with Points works, how much Membership Rewards points are worth and when this redemption option makes sense.
• Onemileatatime: There's no denying that the miles & points world has changed a lot over the years, and in general, miles have become less valuable and compelling.