How Much Are Airline Miles Worth in 2022?

Frequent Flyer Miles
The value of airline miles range from 0.5 cents to 2 cents or more depending on the airline and how you redeem them.
Last Updated 2022-08-10 By R.Flowers III

With most frequent flyer programs, you can expect to get between 1 and 1.5 cents per mile. You can typically obtain higher values of 2 cents or more for First/Business class redemptions or significantly lower if you're using miles for non-airfare related redemptions such as car rentals or gift cards.

Check out our mile valuations for each airline listed below based on available redemption options. You can click on any of the articles to calculate the cash value of any amount of miles as well as get more details on each redemption.

AA AAdvantage Miles Value

Redemption option Redemption value in cents
First/Business Class flights 2
Economy flights 1.4
Admiral Club membership 0.73
Hotel stays 0.64
Car rentals 0.6

AAdvantage miles are worth about 1.4 cents each for your standard redemptions, but can be worth as much as 2 cents or more for First/Business class redemptions. This means that 10,000 AAdvantage miles can be worth anywhere from $140 to $200+ on average.

Delta SkyMiles Value

Redemption option Redemption value in cents
Delta Flights 1.2
Pay With Miles 1.0
Car Rentals 0.84
Delta Gift Cards 0.69
Merchandise 0.55
Cruises 0.47
Hotels 0.42
Other Gift Cards 0.41

Delta SkyMiles are worth around 1.2 cents on average when redeeming them with Delta and their airline partners meaning that 10,000 SkyMiles is worth about $120 on average.

Another solid redemption option, available only to co-branded Delta credit cardholders, is Pay with Miles which allows you to redeem SkyMiles in 5,000-mile increments for $50 off the cost of your flight. You'll only get 1 cent per mile with this redemption, but it's really useful for group bookings when you don't have enough miles to cover everyone's ticket and still want to both save money and keep everyone on the same reservation.

JetBlue Points Value

Redemption option Redemption value in cents
JetBlue Flights 1.3
JetBlue Vacations 1.25
Hawaiian Airlines Flights 1

JetBlue points are worth about 1.3 cents each on average for JetBlue flights and JetBlue vacation bookings. So 10,000 JetBlue points would be worth an average of $130.

Southwest Points Value

Redemption option Redemption value in cents
Southwest Flights 1.3
$50+ Gift Cards 0.531
Hotels 0.52
Car Rentals 0.25

Southwest points are worth an average of 1.3 cents apiece when used for Southwest flights. This means that 10,000 Southwest points are equal to about $130 towards flight redemptions.

United Miles Value

Redemption option Redemption value in cents
Award Flights (Research/Sweet Spots) 2
Award Flights (Average) 1.3
Cruises 0.78
United Club Membership 0.77
TSA PreCheck 0.77
Car Rentals 0.75
Hotels 0.68
United Wi-Fi Subscription 0.65 - 0.68
Gift Cards 0.30

United miles are worth 1.3 cents on average, but can be worth up to 2 cents when redeemed for First/Business class flights with United and their oneworld partners. On average, 10,000 United miles would be worth $130.

Alaska Miles Value

Redemption option Redemption value in cents
Redeeming miles for award flights 1.5
Redeeming miles for hotel stays 0.8

Alaska miles are worth around 1.5 cents per mile on average and are some of the most valuable miles in the market. The only drawback is that they are hard to earn since they are not a direct transfer partner of any major credit card rewards program.

Allegiant Air Points Value

Redemption option Redemption value in cents
Redeeming points for flights 1
Redeeming points for car rentals, hotels, and other ancillary offerings with an itinerary that includes a flight 1

Allegiant Air points are worth 1 cent each for all redemptions meaning that 10,000 points is equal to $100 in value. Points can only be earned with the Allegiant World Mastercard® Credit Card and are not earned flying Allegiant.

British Airways Avios Value

Redemption option Redemption value in cents
Business and first class flights with British Airways and oneworld partners 1.8 - 2.2
Standard flight redemptions with British Airways and oneworld partners 0.8 - 1.2
Redeeming points for hotels and car rentals 0.6 - 0.7

British Airways Avios are worth about 1 cent each for standard economy and around 2 cents each for Business/First class redemptions. This means 10,000 Avios is worth anywhere from $100 to $200 depending on how you redeem them.

It's worth mentioning that British Airways Avios can be converted back and forth between Iberia Avios and Qatar Avios at a 1:1 ratio. This means that Avios earned with any of the three programs are technically all worth the same value since you can move them around at will.

Emirates Miles Value

Redemption option Redemption value in cents
Emirates award flights (Research) 1.2
Emirates award flights (Average) 1
flydubai award flights 0.6

Emirates Skywards miles are worth around 1 cent each meaning that 10,000 miles have an average value of $100. This is on the low side when compared to many other airlines, but the experience of flying Emirates is typically well worth it.

Etihad Miles Value

Redemption options Redemption value in cents
Partner Award Flights (Research) 1.4
Hotel Redemptions 0.9 - 1.2
Etihad Award Flights 0.8 - 1
Car Rentals 0.7 - 0.9
Abu Dhabi Airport Lounge Access 0.7
Six Senses Spa 0.7 - 0.8
Gift Cards 0.5 - 0.6
Shopping 0.3 - 0.6

Etihad Guest miles are worth around 0.9 cents each, but can be worth as much as 1.4 cents when redeemed with partner airlines. This means 10,000 miles would have an average value of anywhere from $90 to $140.

As with Emirates, Etihad is a 5-star airline. The experience and service on the airline itself is top-notch and can be well worth the low value of it's miles.

Frontier Miles Value

Redemption options Redemption value in cents
Award Flights (Research) 1.5
Award Flights (Average) 1
Hotels 0.9

Frontier miles are worth 1 cent on average, but you can get as much as 1.5 cents each with a little bit of research. This means that 10,000 miles would have a value of $100 with the possibility of being worth up to $150.

Qatar Avios Value

Redemption options Redemption value in cents
Business and first class flights with Qatar and oneworld partners 1.8 - 2.2
Standard flight redemptions with Qatar Airways and oneworld partners 0.8 - 1.2
Redeeming points for hotels and car rentals 0.5 - 0.8

Qatar Avios are worth around 1 cent each when redeemed for economy and 2 cents each when redeemed for Business/First class flights. So 10,000 Avios would be worth anywhere from $100 to $200.

Since Qatar Avios can be moved freely back and forth between British Airways Avios and British Airways Avios can be moved freely back and forth between Iberia Avios, the value of Avios between Qatar, British Airways, and Iberia are pretty much the same.

Singapore KrisFlyer Miles Value

Redemption options Redemption value in cents
Award Flights (Research) 2
Award Flights (Average) 1.4
KrisShop 0.6
Car Rentals 0.4 - 0.9
Hotels 0.2 - 0.7

KrisFlyer miles are worth around 1.4 cents on average meaning that 10,000 miles has a rough cash value of $140. If you can find award space for Singapore's in-air suites, you can easily get as much as 2 cents or more out of your miles.

Spirit Points Value

Redemption option Redemption value in cents
Award Flights 1

Free Spirit points are worth 1 cent each for all redemptions which means that 10,000 points would be equal to $100. It's possible to get slightly over 1 cent in value with a little bit of research.

Virgin Atlantic Points Value

Redemption option Redemption value in cents
Award Flights (Research, First/Business Class) 2
Award Flights (Average) 1.2
£50 Eurostar e-Voucher 0.4 pence

Virgin Atlantic points are worth about 1.2 cents each on average meaning that 10,000 points would give you around $120 in value towards flights. Virgin has a few sweet spots that can net you high value, such as booking Delta One Suites or first class flights on ANA.

Airline Miles Value Calculator

Use our airline miles value calculator to convert your frequent flyer miles to a dollar value. This will give you an idea of how much your rewards are worth on average.

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FAQ

How much are airline miles worth?

You can expect to get a value of between 1 and 1.5 cents per mile out of most frequent flyer programs.

What is the best use of airline miles?

Airline miles generally have the best value when redeemed for First and Business class tickets. This can get you as much as 2 cents or more per mile with some frequent flyer programs.

How do you earn airline miles?

The most straightforward way to earn airline miles is by flying, but the quickest way to earn miles is by using airline credit cards.

Which credit cards earn the most airline miles?

This will vary by person depending on spend habits.

How much is 40,000 miles worth?

40,000 airline miles can be worth anywhere from $400 to $800 or more depending on the airline and the redemption.

How much is 60,000 miles worth?

60,000 airline miles can be worth anywhere from $600 to $1,200 or more depending on the airline and the redemption.