What are points and miles worth? August 2021 monthly valuations
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One of the questions we are asked most often here at TPG U.K. is “How much is a point or mile worth?” The answer varies from person to person, and depends on how well you can maximise a particular loyalty currency. Still, some rewards are clearly worth more than others — our goal is to give you a sense of how they stack up.
These valuations are based on a combination of what we would pay to buy points if given the opportunity and the overall value we could get from redeeming them, factoring in variables like award availability, fees and change/cancellation policies. We encourage you to share your thoughts where you think we are off base (and on point, no pun intended), and we’ll take feedback from TPG readers into consideration when we regularly update the valuations.
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Given the ongoing outbreak of the novel coronavirus, we are still seeing a lot of uncertainty.
|PROGRAMME||July 2021 VALUATIONS (PENCE)||August 2021 VALUATIONS (PENCE)|
|Air Canada Aeroplan||1.3p||1.3p|
|American Airlines AAdvantage||1.2p||1.2p|
|American Express Membership Rewards||1.4p||1.4p|
|Alaska Mileage Plan||1.4p||1.4p|
|British Airways Avios||1.1p||1.1p|
|British Airways On Business Points||3.3p||3.3p|
|Flying Blue (Air France/KLM)||1.0p||1.0p|
|HSBC Premier Rewards||0.6p||0.6p|
|IHG Rewards Club||0.4p||0.4p|
|Lufthansa Miles & More||1.1p||1.1p|
|Virgin Atlantic Flying Club||1.2p||1.2p|
|World of Hyatt||1.5p||1.5p|
Movers and Shakers
As noted above, the biggest news of the past year has been the coronavirus outbreak. Some airlines have completely suspended operations during the pandemic, while others have filed for bankruptcy — which may or may not affect their respective frequent flyer programmes. We’ve also seen elite status extensions from almost every major airline and hotel programme, ensuring that loyal members can retain their benefits in 2021 and beyond.
Though you might not be flying within Asia right now, be aware that British Airways has devalued short-haul Avios redemptions with Japan Airlines and Cathay Pacific. Soon, there will be a new way to earn even more Avios thanks to its upcoming partnership with BP.
If you’ve been considering redeeming your American Express Membership Rewards points through Amex Travel, here’s why you should consider transferring them to Avios first. Amex Gold cardholders can also earn 1 bonus point for every £1 spent up to a maximum of 1,000 bonus points.
If you’ve been frustrated with the lack of Virgin Atlantic Upper Class award availability to the Caribbean, there’s good news — some has now returned. You can also earn 12 Virgin Points per £1 on hotel stays across the United Kingdom and Europe with Booking.com.
Don’t forget the neat trick to gain Marriott Bonvoy Gold elite status for 18 months for just £75 via this great credit card offer.
On the hotel front, Hilton has eliminated lounge access for Hilton Honors elite members at its newest brand, Signia.
This is The Points Guy UK’s permanent page for the most up-to-date valuations, so you can bookmark it and check back each month for updates.
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