Points Valuations Table
What are your points actually worth? Typical cents-per-point ranges for every major credit card, airline, and hotel loyalty program — reconciled from public valuations (TPG, Frequent Miler, NerdWallet) and pinned to one chart so you don't have to bounce between blogs.
Last reviewed May 2026. These are typical ranges — sweet-spot redemptions routinely exceed the high end.
Transferable currencies
Bank-issued currencies that transfer 1:1 to most of their airline and hotel partners. The widest optionality — and the strongest baseline cpp because you can always transfer to whichever partner currently has the best award.
| Program | Typical | Context |
|---|---|---|
| Amex Membership Rewards (MR) | 1.50–2.50¢ | Sweet spots on ANA, Air Canada Aeroplan, and ANA → JAL transfers can hit 3-5¢. |
| Chase Ultimate Rewards (UR) | 1.50–2.50¢ | Hyatt and Air Canada Aeroplan transfers commonly hit 2-3.5¢. Portal at 1.5¢ floor on CSR. |
| Bilt Points | 1.50–2.50¢ | Effective cpp tracks Amex MR for transfer partners. Rent payments earn at 1x. |
| Citi ThankYou Points (TYP) | 1.40–2.0¢ | Turkish Miles & Smiles to United partners is the standout outlier sweet spot. |
| Capital One Venture Miles | 1.30–1.85¢ | Most users see 1.3-1.5¢ via Purchase Eraser. Wyndham and Turkish transfers can outperform. |
- Amex Membership Rewards (MR): Sweet spots on ANA, Air Canada Aeroplan, and ANA → JAL transfers can hit 3-5¢.
- Chase Ultimate Rewards (UR): Hyatt and Air Canada Aeroplan transfers commonly hit 2-3.5¢. Portal at 1.5¢ floor on CSR.
- Bilt Points: Effective cpp tracks Amex MR for transfer partners. Rent payments earn at 1x.
- Citi ThankYou Points (TYP): Turkish Miles & Smiles to United partners is the standout outlier sweet spot.
- Capital One Venture Miles: Most users see 1.3-1.5¢ via Purchase Eraser. Wyndham and Turkish transfers can outperform.
Airline programs
Direct airline mileage programs. Sweet-spot redemptions (premium-cabin partner awards via Alaska, Aeroplan, Avianca LifeMiles, ANA) routinely 2-4× the typical range. Domestic revenue-pegged programs (Southwest, JetBlue) have the tightest bands.
| Program | Typical | Context |
|---|---|---|
| ANA Mileage Club | 1.50–3.0¢ | Round-the-world chart is the legend. Domestic Japan awards are the underrated value. |
| Air Canada Aeroplan | 1.50–2.50¢ | Distance-based chart + Star Alliance access + low taxes = consistent sweet spots. |
| Alaska Mileage Plan | 1.50–2.0¢ | Partner awards (Cathay, JAL, Hainan, Qantas) are where Alaska earns its 'sweet-spot king' reputation. |
| Turkish Miles & Smiles | 1.30–2.0¢ | The legend: 45k miles for US ↔ Europe business on Star Alliance partners, 7.5k miles for domestic US (United). Booking flow is the catch. |
| Avianca LifeMiles | 1.50–2.0¢ | Star Alliance partner sweet spots with no fuel surcharges. Frequent transferable-currency bonuses (Amex, Citi, Cap One, Bilt). |
| American Airlines AAdvantage | 1.30–1.80¢ | OneWorld partner business-class awards (Cathay, Qatar) push 3-5¢ on the right routes. |
| Virgin Atlantic Flying Club | 1.30–1.80¢ | Delta One transcons are the headline. ANA First and JAL business via partner awards are the under-the-radar value. |
| United MileagePlus | 1.20–1.70¢ | Excursionist Perk and Star Alliance partner redemptions can outperform the band. |
| Air France / KLM Flying Blue | 1.20–1.70¢ | Monthly Promo Rewards are the hook. Dynamic pricing otherwise. |
| Singapore KrisFlyer | 1.30–1.70¢ | Saver awards on Singapore Suites and First Class are only available to KrisFlyer members. Transferable from Amex, Capital One, Citi. |
| Southwest Rapid Rewards | 1.30–1.60¢ | Domestic only; cpp is revenue-pegged so the band is narrow. |
| Delta SkyMiles | 1.0–1.50¢ | Tighter band than other airlines; SkyMiles is closer to a revenue-based currency than an award one. |
| JetBlue TrueBlue | 1.30–1.50¢ | Revenue-pegged like Southwest. Mosaic elite gets a bonus. Avios partnership opens up Iberia/British Airways awards. |
- ANA Mileage Club: Round-the-world chart is the legend. Domestic Japan awards are the underrated value.
- Air Canada Aeroplan: Distance-based chart + Star Alliance access + low taxes = consistent sweet spots.
- Alaska Mileage Plan: Partner awards (Cathay, JAL, Hainan, Qantas) are where Alaska earns its 'sweet-spot king' reputation.
- Turkish Miles & Smiles: The legend: 45k miles for US ↔ Europe business on Star Alliance partners, 7.5k miles for domestic US (United). Booking flow is the catch.
- Avianca LifeMiles: Star Alliance partner sweet spots with no fuel surcharges. Frequent transferable-currency bonuses (Amex, Citi, Cap One, Bilt).
- American Airlines AAdvantage: OneWorld partner business-class awards (Cathay, Qatar) push 3-5¢ on the right routes.
- Virgin Atlantic Flying Club: Delta One transcons are the headline. ANA First and JAL business via partner awards are the under-the-radar value.
- United MileagePlus: Excursionist Perk and Star Alliance partner redemptions can outperform the band.
- Air France / KLM Flying Blue: Monthly Promo Rewards are the hook. Dynamic pricing otherwise.
- Singapore KrisFlyer: Saver awards on Singapore Suites and First Class are only available to KrisFlyer members. Transferable from Amex, Capital One, Citi.
- Southwest Rapid Rewards: Domestic only; cpp is revenue-pegged so the band is narrow.
- Delta SkyMiles: Tighter band than other airlines; SkyMiles is closer to a revenue-based currency than an award one.
- JetBlue TrueBlue: Revenue-pegged like Southwest. Mosaic elite gets a bonus. Avios partnership opens up Iberia/British Airways awards.
Hotel programs
Hotel point currencies. Hyatt is the outlier high; Hilton and IHG are the lowest. Free-night certificates and 5th-night-free / 4th-night-free benefits often outperform raw point redemptions at the same program.
| Program | Typical | Context |
|---|---|---|
| World of Hyatt | 1.50–2.40¢ | Award chart is the strongest in hotels. Cat 1-4 free nights commonly hit 2-3¢. |
| Wyndham Rewards | 0.80–1.30¢ | Vacasa rentals at 15k/bedroom/night is the standout outlier. |
| Choice Privileges | 0.50–1.0¢ | Preferred Hotels partner redemptions (8k–35k) are the sweet spots. |
| Marriott Bonvoy | 0.60–0.90¢ | Free-night certificates outperform raw point redemptions almost always. |
| IHG One Rewards | 0.50–0.80¢ | 4th-night-free helps. Off-peak luxury redemptions are the strongest path. |
| Hilton Honors | 0.40–0.60¢ | 5th-night-free on award stays meaningfully bumps effective cpp. |
- World of Hyatt: Award chart is the strongest in hotels. Cat 1-4 free nights commonly hit 2-3¢.
- Wyndham Rewards: Vacasa rentals at 15k/bedroom/night is the standout outlier.
- Choice Privileges: Preferred Hotels partner redemptions (8k–35k) are the sweet spots.
- Marriott Bonvoy: Free-night certificates outperform raw point redemptions almost always.
- IHG One Rewards: 4th-night-free helps. Off-peak luxury redemptions are the strongest path.
- Hilton Honors: 5th-night-free on award stays meaningfully bumps effective cpp.
FAQ
What does “cpp” mean?
Cents per point. The realized value of a point in a specific redemption — divide the cash price the redemption replaced by the points spent, multiply by 100. A 75,000-point flight that would cost $1,500 cash = (1500/75000)·100 = 2.0¢ per point.
How do you decide the typical range?
Reconciled monthly from public valuation tables — The Points Guy's monthly valuations, Frequent Miler's Reasonable Redemption Values (RRV), NerdWallet, Upgraded Points. We round to the nearest 0.05¢ for usability and skew slightly conservative on the low end so the range is one users can reliably hit, not a TPG aspirational max. Sweet-spot redemptions (right partner, right award class) routinely land above the high end.
Why is Hyatt so much higher than Marriott or Hilton?
Hyatt still publishes an actual award chart (1-8 with off-peak/standard/peak tiers), so high-end redemptions are predictable and cap. Marriott, Hilton, and IHG moved to fully dynamic award pricing — point prices on top-tier properties rise with cash rates, compressing realized cpp.
Are these the same numbers TPG publishes?
Close, not identical. TPG's monthly valuations are a single point estimate per program; ours is a range. We start from TPG/FM/NerdWallet, reconcile, and present a typical range you should expect — not the program's best-case redemption. The Cents-Per-Point Calculator on this site grades your specific redemption against these same ranges.
What about Avianca LifeMiles, Turkish, Virgin Atlantic, Singapore?
Excellent sweet-spot programs not currently in this table. They are typically accessed by transferring from one of the transferable currencies (Amex MR, Capital One, Citi TYP, Bilt). The transferable currency's cpp range already reflects the option to transfer to these partners.