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Travel Loyalty Program Reviews

Jan. 17, 2019
Airline Credit Cards, Loyalty Programs, Reward Optimization, Travel, Travel Credit Cards
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Not all credit card rewards are created equal — point and mile redemption values vary from program to program.

To better understand what points and miles are worth, NerdWallet researched the cash prices and reward-redemption values for hundreds of hotel rooms and flights. The tables below show average point values derived from that research.

Average value per point/mile, in cents
AIRLINES Domestic International Overall
American 1.0 5.0 2.6
United 1.3 3.3 2.1
Delta 1.4 2.7 2.0
Southwest 1.6 1.9 1.7
JetBlue 1.5 1.7 1.6
Alaska 1.2 1.1 1.2
Frontier 0.8 1.1 0.9
Spirit 0.4 0.7 0.5
Average value per point/mile, in cents
HOTELS Domestic International Overall
Hyatt 1.8 1.5 1.7
Marriott 0.8 0.7 0.8
Wyndham 0.7 0.7 0.7
Choice 0.7 0.8 0.7
IHG 0.6 0.5 0.6
Best Western 0.5 0.6 0.6
Hilton 0.4 0.4 0.4
Radisson 0.3 0.3 0.3

Also, check out the average redemption values of these programs below, expressed by cents per point.

American Express Membership Rewards: 1 cent

Barclaycard Arrival Miles: 1 cent

Capital One Miles: 1 cent

Chase Ultimate Rewards: 1.25 cents

Citi ThankYou Points: 1 cent

Discover it Miles: 1 cent

U.S. Bank FlexPoints: 2 cents

Wells Fargo Points: 1 cent

The easiest way to rack up points is to use a credit card that earns miles or points with every purchase. Learn more about our favorite travel cards, the best airline credit cards and the top hotel credit cards to find the card that best supports your travel goals and your budget.

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