What’s the Value of ANA Miles?

If you've got ANA miles, here's how to figure out how much they are worth.
JT GenterNov 2, 2021

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Based out of Tokyo and a member of the Star Alliance, All Nippon Airways is one of the more popular international carriers for travel enthusiasts to have miles with.

With that, you might be wondering about the value of ANA miles. Based on our most recent analysis, the short answer is that they're worth 2 cents each.

This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. In other words, you should aim for award redemptions that offer 2 cents or more in value from your ANA miles.

What does this value mean?

Our estimated value of 2 cents per ANA mile provides a lower-end value you can use to determine the relative value of your own redemptions. It is based on comparing main cabin fares, using both cash and miles, across several dates and destinations.

In other words, this is the value you can expect to get from your ANA MileageClub miles without seeking particularly high-value redemptions. This means you can get more value by looking for sweet spots and using more advanced award techniques. It also means you can end up getting lower value than this if you’re not careful.

How to convert ANA miles to dollars

With the calculator below, you can figure out how much your ANA miles are worth in dollars based on our estimated value.

How does the value of ANA miles change when booking business class?

ANA Mileage Club miles provide an average of 7.4 cents per point in value when redeemed for ANA business class awards, according to our research. That's an incredible redemption rate — it's more than double the average redemption rate for any other program that we've analyzed.

That makes ANA Mileage Club miles a top option for getting excellent value when flying in business class.

When is the best time to use ANA miles?

In our analysis, we found that you get the best value from ANA Mileage Club miles when you book close to departure. We compared awards booked 15 days to departure with awards booked 180 days to departure. We also checked flights during peak winter holiday travel.

For economy awards

For ANA economy awards, we found that you'll get an above-average 2.3 cents per mile when booking 15 days to departure, but you'll get only 1.4 cents per mile when booking 180 days out. Holiday flights averaged 1.8 cents per mile — which is just below the 2 cents-per-mile average for economy awards.

For business class awards

ANA business class awards are incredibly valuable no matter when you book. That's especially true close to departure. We found an average redemption rate of 7.5 cents per mile at 15 days to departure and 7.1 cents per mile at 180 days to departure. Flights during the holidays were the least valuable at 6.1 cents per mile, but that's still more valuable than any other program we analyzed.

How flexible are ANA miles?

In addition to ANA flights, ANA Mileage Club miles can be redeemed for awards on any of the 26 members of the Star Alliance. Plus, ANA partners with 10+ airlines outside of the Star Alliance — including carriers like Alitalia and Vietnam Airlines.

ANA charges only 88,000 Mileage Club miles round-trip for business class partner awards between the U.S. and Europe. That's such a great deal that this makes our list of the five cheapest business class awards to Europe. Other ANA Mileage Club sweet spots include business class awards between the U.S. and Japan for just 90,000 miles round-trip, or to Africa or the Middle East for 104,000 miles round-trip.

How did we determine the ANA miles value?

We collected hundreds of data points comparing the cash value to award (mile) value for the same routes and dates. That is, we compared the cost of a given ticket in either cash or miles, across many tickets.

This method differs from others in that it looks at actual redemptions rather than hypothetical, maximized redemptions. The advantage of this approach is that it provides a real-world indication of how much these miles are worth, on average. That said, it doesn’t take into account the high-value redemptions that points enthusiasts seek.

Wondering what you can do with those miles? Check out our tips to make the most of ANA's economy class, and learn which credit card is best for international award travel.


How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:

Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.