Calculators: Points and Miles Cash Value

Calculate the estimated cash value of points and miles based on The Point Calculator's valuations or based on the cost of the redemption itself.

The value of points and miles can vary depending on the program and how they are redeemred. Some rewards can be redeemed for a fraction of a cent for one redemption and be worth several cents for another. There's also rewards that have a set value no matter how you redeem them.

This page will give you an idea of how much points and miles are worth on average in different programs and give you a way to calculate the average value based on our valuations or exact value based on the cost of the redemption.

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 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 2021-03-19 By Robert Flowers III

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