It's hard to put an exact value on miles and points, but we've analyzed many loyalty programs to help you see how much they're actually worth.
How much is one air mile worth?In general, we estimate that one air mile is worth between 1.0 - 2.0 cents per mile. This means 10,000 miles can be worth a flight $100 - $200. The value varies depending on the airline, whether you're flying domestic or international, the season, an...
You may buy miles through the Alaska Airlines Mileage Plan program. Each mile costs two cents or more. This is higher than the average Alaska Airlines Mileage Plan miles value. As a result, buying miles might make sense only if your plans to redeem those miles yield a higher value. The p...
How Much Are Hotel Points Worth? Hotel points are a hotel’s currency that you can typically spend within the hotel chain. In general, you accrue hotel points based on how much you spend at a hotel. But you also stand to earn hotel points when you use hotel shopping portals or participa...
To see how much value you can get out of your rewards on an individual flight or hotel stay, divide the cost of a booking in cash by its cost in points or miles. Then, compare that value to our estimated values to see if it’s worth using your rewards for travel or if you should...
Making the most oftravel rewardsrequires some understanding of how much each reward currency is worth. Earning 100,000 points sounds great, but what does that mean in terms of dollars? To find out, NerdWallet performed a comprehensive, data-driven analysis of dozens of airline, hotel programs ...
I’m not looking to get into a huge debate here about perceived value rather than retail value, but my point is that it’s important to consider how much you value these premium experiences, rather than just how much they cost. Don’t take a trip just because it would cost a lot when...
miles for a value of at least 1 penny. So if you plan to fly from New York (JFK) to Orlando (MCO) and the cash value of a ticket is $438 or the reward redemption is 32,000 miles + $11.20 in taxes and fees, calculate the value of miles to see if one mile is worth a penny...
For example, often people may end the year just short of qualifying for the next elite status tier, and they decide that taking a trip is worth it due to all the value they’ll get out of the incremental status. Admittedly some people are much more extreme about this, and may take sev...
2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases; 1 AAdvantage® mile for every $1 spent on other purchases. Welcome bonus Earn 60,000 bonus miles after making your first purchase and paying the annual fee in full, both within the first 90 days Annual fee...