Not all credit card rewards are created equal — point and mile redemption values vary from program to program. Thankfully, the Nerds have crunched the numbers on all of the major rewards programs so you don’t have to.
Check out the redemption values — expressed by cents per point — below. And for a full review of your favorite credit card’s rewards program, including the best redemption options and ways to get more points, click on the links.
|Rewards Program||Average Value (cents)||Range of Values (cents)|
|Frequent Flier Programs|
|Alaska Airlines Mileage Plan||1.1||0.6 – 2.2|
|American Airlines AAdvantage||1.0||0.4 – 1.6|
|British Airways Avios||1.0||–2.1 – 2.3*|
|Delta SkyMiles||1.7||0.4 – 3.2|
|JetBlue TrueBlue||1.4||1.3 – 1.7|
|Southwest Rapid Rewards||1.0||0.9 – 1.6|
|United MileagePlus||1.0||0.5 – 2.1|
|Hotel Rewards Programs|
|Club Carlson||0.4||0.2 – 0.7|
|Hilton HHonors||0.5||0.2 – 1.1|
|Hyatt Gold Passport||2.2||0.3 – 6.1|
|IHG Rewards Club||0.7||0.3 – 1.4|
|Marriott Rewards||1||0.5 – 1.7|
|The Ritz-Carlton Rewards||0.9||0.4 – 1.4|
|Starwood Preferred Guest||2.3||1 – 4|
|Points & Miles Programs|
|American Express Membership Rewards||1||0.5 – 1|
|Barclaycard Arrival Miles||1||0.3 – 1|
|Capital One Miles||1||0.5 – 1|
|Chase Ultimate Rewards||1.25||1 – 1.25|
|Citi ThankYou Points||1||0.3 – 1|
|Discover it Miles||1||1|
|U.S. Bank FlexPoints||2||0.8 – 2|
|Wells Fargo Points||1||0.4 – 1|
|*Because of fuel surcharges on some flights, British Airways Avios can have a negative value depending on the flight and fare class.|
Nerd note: The calculated value of these points is based on an estimated redemption rate, not a credit card rewards earn rate. Therefore, you may notice that these numbers don’t match the rewards rates on our credit card finder tool. Please see the reviews above for information on how we calculate redemption rates.
Maximizing your earning
The easiest way to rack up points is to use a credit card that earns miles or points with every purchase. Check out our favorite travel cards, the best airline credit cards and the top hotel credit cards.