Editor’s notice: It is a recurring put up, recurrently up to date with new data and provides.
One of many questions folks usually ask me is, “How a lot is some extent or mile value?”
The true reply varies from level to level and individual to individual. It additionally relies on your journey targets and the way effectively you’ll be able to maximize a selected loyalty foreign money. Nonetheless, some rewards are clearly value greater than others, and my objective is to provide you a way of how they stack up.
Traditionally, TPG has valued factors and miles primarily based on a mix of the worth at which we might buy the miles, award prices in this system (factoring in availability and charges) and our personal experience within the internal workings of the packages.
Nonetheless, we’re within the strategy of evolving our valuations to grow to be as data-driven as attainable.
On the lookout for a handy approach to see your entire factors and miles in a single place? Obtain the free TPG App!
That data-driven course of started final November with our 4 main transferable currencies — American Categorical Membership Rewards factors, Chase Final Rewards factors, Citi ThankYou Rewards factors and Capital One miles.
Now, we’re utilizing a mathematical mannequin that takes under consideration plenty of components particular to transferable factors, together with:
- Distinctive switch companions (not shared by different card issuers).
- Essentially the most useful particular person companions in this system.
- The bottom redemption worth while you redeem factors or miles straight for journey.
Primarily based on this rollout, we are actually rounding the valuations for our bank card currencies to the closest five-hundredths of some extent with a view to higher seize the real-world worth they provide cardholders.
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We absolutely anticipate these numbers to fluctuate over time as we refine our equations and roll out further data-backed resort and airline valuations within the coming months.
Likewise, we moved three airline currencies — American AAdvantage, Delta SkyMiles and United MileagePlus miles — to a data-backed mannequin late final yr. Nonetheless, we have now put these valuations on pause whereas we work out a problem with our information supplier. We’re excited to have data-backed valuations up to date within the coming months.
Notice: These valuations will not be supplied by card issuers.
Factors and miles valuations
| Program | February 2022 | January 2023 | February 2023 | Notice |
|---|---|---|---|---|
| Accor Le Membership | 2.0 | 2.0 | 2.0 | |
| Aeroplan Loyalty Program | 1.5 | 1.5 | 1.5 | |
| Alaska Mileage Plan | 1.8 | 1.8 | 1.8 | |
| American AAdvantage | 1.77* | 1.77* | 1.77* | |
| American Categorical Membership Rewards | 2.0 | 2.0 | 2.0 | |
| Amtrak Visitor Rewards | 2.5 | 2.5 | 2.5 | |
| ANA Mileage Membership | 1.4 | 1.4 | 1.4 | |
| Asia Miles | 1.3 | 1.3 | 1.3 | |
| Avianca LifeMiles | 1.7 | 1.7 | 1.7 | |
| Avios | 1.5 | 1.5 | 1.5 | |
| Greatest Western Rewards | 0.7 | 0.6 | 0.6 | |
| Bilt Rewards | – | 1.8 | 1.8 | |
| Brex Unique Rewards | 1.7 | 1.7 | 1.7 | |
| Capital One Rewards | 1.85 | 1.85 | 1.85 | |
| Chase Final Rewards | 2.0 | 2.0 | 2.0 | |
| Selection Privileges | 0.6 | 0.6 | 0.6 |
Launched transfers to/from Radisson Rewards Americas and can finally merge packages. |
| Citi ThankYou Factors | 1.7 | 1.8 | 1.8 |
Will launch 30% switch bonus to Virgin Atlantic Flying Membership on Feb. 19. |
| Delta SkyMiles | 1.57* | 1.41* | 1.41* |
Most cobranded credit score cardholders now get 15% off Delta-operated award flights. |
| Diners Membership Rewards | 2.1 | 2.1 | 2.1 | |
| Uncover Rewards | 1.0 | 1.0 | 1.0 | |
| Emirates Skywards | 1.2 | 1.2 | 1.2 |
Devalued transatlantic award tickets from the U.S. to Europe. |
| Etihad Visitor | 1.4 | 1.4 | 1.4 | |
| Flying Blue | 1.2 | 1.2 | 1.2 |
Launched new Promo Rewards from the U.S. to Europe. |
| Frontier Miles | 1.1 | 1.1 | 1.1 | |
| HawaiianMiles | 0.9 | 0.9 | 0.9 | |
| Hilton Honors | 0.6 | 0.6 | 0.6 | |
| IHG Rewards Membership | 0.5 | 0.5 | 0.5 |
Launched meals and beverage awards for elites at choose properties. |
| JetBlue TrueBlue Rewards Program | 1.3 | 1.3 | 1.3 | |
| Korean Air SkyPass | 1.7 | 1.7 | 1.7 | |
| Marriott Bonvoy | 0.8 | 0.84 | 0.84 |
Decreased factors and elite night time incomes at Protea Resorts. |
| Radisson Rewards | 0.4 | 0.4 | 0.4 | |
| Singapore Krisflyer | 1.3 | 1.3 | 1.3 | |
| Southwest Speedy Rewards | 1.5 | 1.5 | 1.5 | |
| Spirit Airways Free Spirit | 1.1 | 1.1 | 1.1 | |
| Turkish Airways Miles and Smiles | 1.3 | 1.3 | 1.3 | |
| United MileagePlus | 1.11* | 1.21* | 1.21* | |
| Virgin Atlantic Flying Membership | 1.5 | 1.5 | 1.5 | |
| World of Hyatt Loyalty Program | 1.7 | 1.7 | 1.7 | |
| Wyndham Rewards | 1.1 | 1.1 | 1.1 |
* Calculated utilizing TPG’s revamped data-backed valuations methodology, launched in December 2021.
Factors and miles information
January and early February had been mild on factors and miles information, however there are nonetheless some fascinating developments to share.
Probably the most thrilling bulletins was Delta’s new TakeOff 15 function. This offers most Delta cobranded bank card holders 15% off all Delta-operated award tickets, making SkyMiles extra useful throughout the board for these cardholders. All playing cards are eligible, sans the no-annual-fee Delta SkyMiles® Blue American Categorical Card.
Moreover, Air Canada Aeroplan launched Emirates first-class award redemptions — however they don’t seem to be low cost. Sadly, the loyalty program additionally applied its Emirates-specific award chart, which has made Emirates redemptions costlier throughout the board.
Talking of Emirates, the airline additionally devalued its Skywards program but once more. This time, transatlantic award tickets from New York to Athens and Milan have elevated in worth. This comes weeks after the airline devalued most awards to and from its Dubai hub.
On the resort aspect, Selection Resorts and Radisson Rewards Americas launched factors transfers between the 2 packages. Moreover, the 2 loyalty packages will merge later within the yr to create one centralized program for all lodges underneath each manufacturers. This comes simply months after Selection acquired Radisson Resorts Americas.
In minor information, we additionally noticed Marriott halve factors and elite nights earnings at Protea Resorts. Marriott Bonvoy members will now earn 5 factors per greenback and one elite night time for each two nights stayed at these lodges.
Associated: Right here’s what it’s best to know earlier than transferring Marriott factors to airline miles
Information-backed valuations replace
As famous within the introduction, we moved to data-backed valuations for 3 main airline packages — American AAdvantage, Delta SkyMiles and United MileagePlus — final yr. Nonetheless, we’ve run into a problem with our information supplier that has brought about us to place data-backed valuations on maintain. What you see now are valuations calculated for March 2022, however we plan to publish up-to-date valuations for these three airways quickly.
Journey bank card provides
There isn’t any scarcity of unimaginable new welcome bonuses on many standard playing cards — listed here are just a few of our favorites this month.
Chase Sapphire Reserve
Proper now, the Chase Sapphire Reserve card is providing an elevated welcome bonus of 60,000 bonus factors after you spend $4,000 within the first three months of account opening. Per TPG’s valuation, that’s value $1,200 while you leverage switch companions, or $900 if you happen to redeem by way of the Chase journey portal at 1.5 cents per level.
Whereas the cardboard has a hefty $550 annual price, it consists of perks like Precedence Move lounge entry, an annual $300 journey credit score and a World Entry or TSA PreCheck credit score, amongst different advantages. Plus, you’ll earn 3 factors per greenback on all journey and eating bills, so you’ll be able to rapidly rack up rewards on your subsequent large journey.
For extra particulars, try our full evaluation of the Chase Sapphire Reserve card.
Official utility: Chase Sapphire Reserve.
Capital One Enterprise X Rewards Credit score Card
Towards the tip of 2021, Capital One launched its first premium rewards card, and it is among the most fun journey bank cards available on the market, due to nice incomes charges and included perks.
The cardboard is at present providing a welcome bonus of 75,000 bonus miles while you spend $4,000 on purchases within the first three months from account opening — value $1,388 in keeping with our valuations — due to Capital One’s glorious airline and resort switch companions.
For extra particulars, try our full evaluation of the Capital One Enterprise X Rewards Credit score Card.
Official utility: Capital One Enterprise X Rewards Credit score Card
Capital One Enterprise Rewards Credit score Card
The usual Capital One Enterprise Rewards Credit score Card is at present providing the identical welcome bonus because the Enterprise X. You possibly can earn 75,000 bonus miles when you spend $4,000 on purchases inside the first three months from account opening. Just like the Enterprise X, the Enterprise card earns 2 miles per greenback on every little thing.
For extra particulars, try our full evaluation of the Capital One Enterprise Rewards Credit score Card.
Official utility: Capital One Enterprise Rewards Credit score Card
The Platinum Card® from American Categorical
With the present welcome supply on the Amex Platinum, you’ll earn 80,000 factors after you spend $6,000 on purchases within the first six months of card membership.
In fact, the cardboard is jam-packed with advantages like airport lounge entry, resort elite standing and extra. These advantages could make your journey expertise smoother and extra luxurious than ever earlier than — particularly with the latest additions. The cardboard has a $695 annual price (see charges and charges). Enrollment is required for choose advantages.
For extra particulars, try our full evaluation of the Amex Platinum Card.
Official utility: The Platinum Card from American Categorical
American Categorical® Gold Card
Probably the most standard playing cards with TPG staffers through the pandemic, the Amex Gold provides 60,000 Membership Rewards factors after you spend $4,000 on eligible purchases in your new card inside the first six months of card membership. This welcome supply is value $1,200 primarily based on our valuations — however make sure to verify the CardMatch instrument to see if you happen to’re focused for a fair greater supply. (Gives are topic to alter at any time).
The cardboard is nice for a lot of on a regular basis purchases. You’ll earn 4 factors per greenback at U.S. supermarkets (on as much as $25,000 in purchases per calendar yr, then 1 level per greenback) and 4 factors per greenback on eating at eating places. The cardboard has a $250 annual price (see charges and charges).
For extra particulars, try our full evaluation of the Amex Gold Card.
Official utility: American Categorical Gold Card
The Enterprise Platinum Card® from American Categorical
The Enterprise Platinum Card provides 120,000 Membership Rewards® factors after you spend $15,000 on eligible purchases along with your card within the first three months of card membership. Per our valuations, this welcome supply is value a minimum of $2,400, however you may get much more worth when redeeming for high-end airfare.
The cardboard additionally offers a slew of further perks much like (however barely totally different from) the non-public model — you’ll be able to examine the 2 playing cards on this information to see which one can be a greater match on your pockets.
For extra particulars, try our full evaluation of the Amex Enterprise Platinum Card.
Official utility: The Enterprise Platinum Card from American Categorical
Airline bank cards
- Delta SkyMiles® Gold American Categorical Card: Earn 70,000 bonus miles after $2,000 in spending within the first six months of cardmembership. TPG values this bonus at $987. Supply ends March 29.
- Delta SkyMiles® Platinum American Categorical Card: Earn 90,000 bonus miles after $4,000 in spending within the first six months of cardmembership. TPG values this bonus at $1,269. Supply ends March 29.
- Delta SkyMiles® Reserve American Categorical Card: Earn 90,000 bonus miles after $6,000 in spending in your first six months of cardmembership. TPG values this bonus at $1,269. Supply ends March 29.
- Delta SkyMiles® Gold Enterprise American Categorical Card: Earn 75,000 bonus miles after $3,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,058. Supply ends March 29.
- Delta SkyMiles® Platinum Enterprise American Categorical Card: Earn 95,000 bonus miles after $4,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,340. Supply ends March 29.
- Delta SkyMiles® Reserve Enterprise American Categorical Card: Earn 100,000 bonus miles after $6,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,410. Supply ends March 29.
Associated: One of the best airline bank cards
Lodge bank cards
The portfolio of IHG Rewards bank cards underwent main upgrades earlier this yr, and there are at present some stable limited-time provides obtainable:
All of those new provides put you in a fantastic place to earn a ton of bonus factors or miles, and there could also be extra to come back.
For charges and charges of the Amex Gold Card, click on right here.
For charges and charges of the Amex Platinum Card, click on right here.
For charges and charges of the Delta Gold Amex, click on right here.
For charges and charges of the Delta Platinum Amex, click on right here.
For charges and charges of the Delta SkyMiles Reserve Amex, click on right here.
For charges and charges of the Delta Gold Enterprise Amex, click on right here.
For charges and charges of the Delta Platinum Enterprise Amex, click on right here.
For charges and charges of the Delta SkyMiles Reserve Enterprise Amex, click on right here.
Extra reporting by Andrew Kunesh and Benji Stawski.
That is The Factors Man’s everlasting web page for essentially the most up-to-date valuations, so you’ll be able to bookmark it and verify again every month for updates.
