What we think your points are worth

Every valuation we use is on this page. These are the numbers behind the dollar figure you see on your dashboard — we would rather you check our work than take it on faith.

Why anyone's valuation is a point of view

There is no official exchange rate for a mile. Every published valuation is an opinion, and the major ones disagree by more than people realise — the same 100,000 Chase points are called $1,500 by one well-respected source and $2,050 by another. On a real balance that is a several-hundred-dollar disagreement about what you own.

Almost every valuation you have read was published by a site that earns a commission when you open a credit card. We are not accusing anyone of dishonesty — the good ones disclose it plainly. But it is worth noticing that a higher cents-per-point number makes every welcome bonus look bigger, and nobody in this industry is paid to tell you your points are worth less than you hoped.

We don't sell credit cards

Point Wizard earns money one way: members pay us a subscription. We run no affiliate links and take no commission from any bank, airline, or hotel. That does not make us right — it just means that when our number comes out lower than the one you saw elsewhere, nothing on our side benefits from it.

Three mistakes we refuse to make

We don't price against a fare you would never buy. A first-class seat listed at $14,000 is not $14,000 of value unless you would genuinely have paid $14,000. The honest comparison is what the trip would actually have cost you in cash.

We don't use last-minute pricing. Comparing an award booked months out against a cash fare priced three days before departure inflates the result. Normal booking windows only.

We don't publish the best case as the headline. The numbers below are what a program is reasonably worth when redeemed well — not the single best redemption somebody found once. Your own value can land above or below.

What these numbers are not

They are estimates, not quotes. They do not account for transfer bonuses, elite status, award availability on your dates, or the fact that a program can devalue overnight without warning. Treat them as a way to compare programs against each other and to spot when a redemption is unusually good or unusually bad — not as a balance you can withdraw.

Our published valuations

Cents per point, for the 57 programs we track.

Transferable card currencies
Bilt Rewards2.00¢
Chase Ultimate Rewards2.00¢
Amex Membership Rewards1.80¢
Citi ThankYou Points1.50¢
Capital One Miles1.50¢
Wells Fargo Rewards1.00¢
Airlines
ANA Mileage Club1.80¢
Japan Airlines Mileage1.60¢
Alaska Mileage Plan1.50¢
Virgin Atlantic Flying Club1.50¢
British Airways Avios1.50¢
Iberia Plus1.50¢
Air Canada Aeroplan1.50¢
Southwest Rapid Rewards1.40¢
Air France Flying Blue1.40¢
Singapore Airlines KrisFlyer1.40¢
Cathay (Asia Miles)1.40¢
Avianca LifeMiles1.40¢
American AAdvantage1.40¢
Qatar Airways Privilege Club1.30¢
Lufthansa Miles & More1.30¢
Qantas Frequent Flyer1.30¢
JetBlue TrueBlue1.30¢
United MileagePlus1.30¢
Turkish Miles&Smiles1.30¢
Etihad Guest1.30¢
Emirates Skywards1.30¢
Delta SkyMiles1.20¢
Hawaiian Airlines HawaiianMiles1.20¢
Frontier Miles1.10¢
Spirit Free Spirit1.00¢
Hotels
Accor Live Limitless (ALL)1.80¢
World of Hyatt1.60¢
Wyndham Rewards0.90¢
Marriott Bonvoy0.80¢
Best Western Rewards0.60¢
Choice Privileges0.60¢
IHG One Rewards0.50¢
Hilton Honors0.45¢
Radisson Rewards0.40¢
Car rental
Avis Preferred0.50¢
National Emerald Club0.50¢
Budget Fastbreak0.40¢
Hertz Gold Plus0.40¢
Enterprise Plus0.30¢
Fuel & convenience
Shell Fuel Rewards1.00¢
BPme Rewards1.00¢
ExxonMobil Rewards+1.00¢
Chevron & Texaco Rewards1.00¢
Marathon MakeItCount0.80¢
Speedy Rewards (Speedway)0.80¢
Circle K Inner Circle0.80¢
7Rewards (7-Eleven)0.80¢
Wawa Rewards0.80¢
QuikTrip QT Rewards0.80¢
Caseys Rewards0.80¢
Sunoco Rewards0.80¢

Think one of these is wrong? We would genuinely like to know — email contact@thepointwizard.com with what you think it should be and why. We publish corrections.