Points and Miles Value

Calculate the cash value of point or mile redemptions based on cost in rewards and cost in cash. Get the list of The Point Calculator's reward valuations.

If you're someone that enjoys earnings points and miles with loyalty programs, you probably also enjoy great redemptions. One of the best perks of earning rewards is knowing that you scored a redemption that's higher than the average cash value.

It can be hard to know when to use points, miles, or cash when booking travel. These calculators will help you determine if you're getting a great deal on a redemption. This includes redeeming your rewards for free nights and flights as well as redeeming your rewards for other things such as gift cards, merchandise, and more.

Points & Miles Valuations List

The Point Calculator calculates the average value of points and miles by taking the average of a collection of values received for basic redemptions. The values are typically going to be tied to the most common redemption for any given rewards program. For example, the average value you see listed for airline frequent flyer programs is the average value calculated when redeeming for airfare.

Do note that these values are meant to give you an idea of the value of rewards. You may be able to redeem some rewards for double the value I have listed or maybe you always get half the value because you redeem them in a different manner. These valuations are based on straightforward, easy redemptions that can be obtained without point transfers.

If you want to learn about points that can have significant value when transferred, you'll want to check out these rewards programs:

Where available, you can click on a program to learn more about earning, redeeming, and transferring rewards with that program. If you want to calculate the average value of your points based on the values in the table below, you can jump down to the Points To Dollars Calculator.

Points To Dollars Calculator

The Points To Dollars Calculator will calculate the estimated value of points and miles based on how much The Point Calculator values them. Remember that it's easily possible that you could value any of these rewards at a higher or lower value than what's listed. Also note that while this site does cover many programs, it's a chance that the program you're looking for may not be in the list.

Rewards Program

Select a rewards program from the list.

Total Rewards

Enter total amount of points or miles.
Points/Miles

Average Value

The Point Calculator values - to be worth - cents on average.

Cash Value: $0

Points and Miles Cash Value Calculator

Use the Points and Miles Cash Value Calculator to calculate the cash value of your rewards based on the cost in rewards and the cost in cash. You can calculate the cash value of up to three different redemptions. For this calculator you will need:

  • The cost of the redemption in cash
  • The cost of the redemption in points/miles
  • Any taxes/fees/costs assoicated with the cost in points/miles (optional)

As an example, we will use Delta Airlines. Delta gives you three options to pay for your flight:

  • All Cash
  • All Delta SkyMiles
  • Cash + Delta SkyMiles

Looking at a flight from Columbus Airport to Los Angeles, here are the costs:

  • All Cash: $345
  • All Delta SkyMiles: 22,000 Miles plus $11.20 taxes/fees
  • Cash + Miles: 12,000 Miles plus $191.20

Knowing those values, you can calculate the cash value of paying all Delta SkyMiles and paying Cash + Miles.

Points and Miles Calculator
Plug in the cash value at the top of each section. Then fill in the two options for using Miles.

In this example, using all miles will give your Skymiles a value of 1.52 cents each while using the Miles+Cash option will give you a value of 1.28 cents. I peg Skymiles at around 1.2 cents (USD) each so both redemptions are good, but using all miles would give your Skymiles the better value.

Points and Miles Cash Value Calculator
Rate 1
$
Cost In Cash
Rewards
Cost In Rewards (pt/mi)
$
Rewards Taxes/Fees
Rewards Cash Value: - cents
Per Point/Mile
Rate 2
$
Cost In Cash
Rewards
Cost In Rewards (pt/mi)
$
Rewards Taxes/Fees
Rewards Cash Value: - cents
Per Point/Mile
Rate 3
$
Cost In Cash
Rewards
Cost In Rewards (pt/mi)
$
Rewards Taxes/Fees
Rewards Cash Value: - cents
Per Point/Mile
Updated 2021-04-17 By Robert Flowers III

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