The Points Value Guide: What Is Each Loyalty Point Actually Worth?

Understanding Cents Per Point (CPP)

Not all points are created equal. A Delta SkyMile is not worth the same as a Hyatt point. The industry standard measure is cents per point (cpp): how many cents of real travel value you get for each point redeemed.

Credit Card Points

• Chase Ultimate Rewards: 2.0 cpp
• Amex Membership Rewards: 2.0 cpp
• Bilt Rewards: 2.0 cpp
• Capital One Miles: 1.85 cpp
• Citi ThankYou Points: 1.8 cpp
• Wells Fargo Rewards: 1.5 cpp

Airline Miles

• Alaska Mileage Plan: 1.8 cpp
• Singapore KrisFlyer: 1.8 cpp
• ANA Mileage Club: 1.5 cpp
• Aeroplan: 1.6 cpp
• British Airways Avios: 1.5 cpp
• United MileagePlus: 1.3 cpp
• Delta SkyMiles: 1.2 cpp

Hotel Points

• World of Hyatt: 2.0 cpp (the best!)
• Marriott Bonvoy: 0.8 cpp
• IHG One Rewards: 0.5 cpp
• Hilton Honors: 0.5 cpp

Key Takeaway

When deciding where to transfer your credit card points, always calculate the effective value. Transferring Chase UR 1:1 to Hyatt gives you 2.0 cpp. Transferring Amex MR 1:2 to Hilton gives you only 0.5 cpp per MR point (since each MR becomes 2 Hilton points at 0.5 cpp each = 1.0 cpp). The Hyatt transfer is clearly better.