This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.
One of the questions we are asked most often here at TPG 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.
|PROGRAM||June 2019 VALUATIONS (PENCE)||July 2019 VALUATIONS (PENCE)|
|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|
|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|
|Qatar Airways Qmiles||0.6p||0.6p|
|Virgin Atlantic Flying Club||1.2p||1.2p|
|World of Hyatt||1.5p||1.5p|
Movers and Shakers
Hilton Honors introduced a “slight shift” to its award rates, affecting approximately 17% of properties in the group’s portfolio. No individual property raised its rates by more than 10,000 points per night, but that’s a 100% increase in some cases. We’re working on a re-assessment of the changes, but suspect the Honors valuation to drop slightly in the month ahead.
Which programmes would you like to see added to the list?
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. Keep in mind you may see some reader comments referring to older valuations below.
Know before you go.
News and deals straight to your inbox every day.