Loyalty Program Valuations

Current cents-per-point (CPP) values and best redemptions for all 12 major loyalty programs. Updated regularly based on award chart pricing and community data.

ProgramBaseline CPPBest CPP
Chase Ultimate Rewards
bank
1¢2¢
Amex Membership Rewards
bank
0.6¢2.2¢
Citi ThankYou Points
bank
1¢2¢
Capital One Miles
bank
0.5¢1.8¢
United MileagePlus
airline
1.3¢2.5¢
Delta SkyMiles
airline
1.2¢2¢
American AAdvantage
airline
1.3¢2¢
Southwest Rapid Rewards
airline
1.5¢2¢
Marriott Bonvoy
hotel
0.8¢1.1¢
Hilton Honors
hotel
0.6¢0.7¢
World of Hyatt
hotel
1.5¢2.2¢
IHG One Rewards
hotel
0.5¢0.6¢

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