The average value of PNC miles is about 1 cent each. They will have their best value when redeemed towards travel which includes using them towards travel purchases made to eligible PNC credit cards and booking travel through the PNC Rewards center.
How much are PNC miles worth?
PNC miles are worth 1 cent on average which is up to par with the standard value of most rewards programs. This means that 10,000 miles is equal to about $100 in value.
PNC miles value
| Redemption Option | Average Value (in cents) |
|---|---|
| Redeeming towards travel purchases made to the card | 1 |
| Booking travel through the PNC Rewards center | 1 |
| Gift card redemptions | 0.75 |
| Cash back redemptions | 0.75 |
PNC miles value vs other programs
| Program | Average Point Value (in cents) |
|---|---|
| Chase Ultimate Rewards Points | 0.6 - 2.1 |
| American Express Membership Rewards Points | 0.6 - 2 |
| Bank of America Points | 0.5 - 1 |
| PNC miles | 0.75 - 1 |
What can you redeem PNC miles for?
PNC miles can be redeemed for travel, gift cards, and cash back. Redeeming them for travel will give you the best value while redeeming them for gift cards and cash back will give you the lowest value.
Redeeming miles towards travel purchases
PNC miles can be used to wipe travel purchases made on your PNC Premier Card. This is similar to the way Venture Miles work.
You make travel purchases on the card and then use your miles to cover those charges made on the card. This can be extremely useful for charges that can't be covered by your other travel cards.
For example, if you were to be billed for a toll or a bus ticket, you could apply your PNC miles to that charge at a 1 cent for 1 mile rate. Redemptions start at 5,000 PNC miles which is equal to $50.
Redeeming miles in the PNC Rewards Center
PNC miles can be used to book travel directly through the PNC Rewards Center. This includes flights, hotels, car rentals, cruises, vacations, and adventures.
You can also piece together a whole package built around how you want to spend your vacation using PNC's dedicated travel specialists. These redemptions start at 5,000 PNC miles for a value of $50.
Redeeming miles towards travel gift cards
PNC miles can be used to redeem travel related gift cards. This includes airlines, hotel stays, and cruises.
The value for travel gift cards vary, but redemptions average out around 0.75 cents each. Redemptions start at 3,350 miles.
I recommend using your miles for either travel purchases or through the rewards center. If you're looking to gift 'travel', you could possibly pay for the travel (or a portion of it) and then apply your PNC miles so you can get the best value.
Redeeming miles for cash back
PNC miles can be turned into cash at a low rate of 0.5 cents per point. This means the 2x miles you're earning on this card would be worth a total 1 cent in value making it a 1% cash back card.
I would steer clear of this redemption and recommend picking up a cash back credit cards in which many options will earn you significantly more than 1% back.
How to convert PNC miles to dollars
Use the PNC Miles Value Calculator to determine the average cash value of miles based on the redemption. This will give you an idea of how much your miles are worth.
| Redemption | Average Dollar Value |
|---|---|
| Redeeming towards travel purchases made to the card | $0 |
| Booking travel through the PNC Rewards center | $0 |
| Gift card redemptions | $0 |
| Cash back redemptions | $0 |
Alternative options for better value
If you want to earn rewards with a lot more flexibility and redemption options than PNC miles, I recommend checking out Capital One's Venture Rewards & Spark Rewards program. You'll earn significantly more value per $1 spent and be able to redeem your rewards towards any kind of travel.
Capital One Venture X Rewards Credit Card
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.
- Earns 10X miles on car rentals and hotels booked through Capital One Travel, 5X miles on airfare booked through Capital One Travel, and an unlimited 2X miles on all other purchases.
- $300 in annual Capital One Travel credits, 10,000 bonus miles annually, and complimentary access to Capital One lounges and Priority Pass lounges.
- $395 annual fee.
Capital One Venture Rewards Credit Card
- Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel.
- Earns 5X miles on car rentals and hotels booked through Capital One Travel and an unlimited 2X miles on all other purchases.
- Two complimentary lounge passes per year and up to $100 towards Global Entry or TSA PreCheck®.
- $95 annual fee.
Capital One Spark Miles for Business Card
- Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening.
- Earns an unlimited 2X miles for every dollar spent on all purchases
- Up to $100 towards a Global Entry or TSA PreCheck application fee.
- $0 intro annual fee for the first year, then $95 after that.
- Capital One VentureOne Rewards Credit Card (Calculator)
- Capital One Spark Miles Select for Business Card (Calculator)
FAQs
How much are PNC miles worth?
PNC miles are worth 1 cent each when redeemed towards travel purchases and worth 0.75 when used for gift cards and cash back.
We've run the calculations and checked them twice — here are the credit cards that consistently provide outstanding value to our users:
- Best flexible travel card: Capital One Venture Rewards Credit Card
- Best overall value year after year: Chase Sapphire Preferred® Card
- Best for high cash back: Blue Cash Preferred® Card from American Express
- Best for lounge access & luxury travel: The Platinum Card® from American Express
- Best for business travel rewards: Ink Business Preferred® Credit Card
- Best for heavy business spend: Capital One Spark Cash Plus
