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Point Valuations (lemmy.world)

submitted 2 years ago* (last edited 2 years ago) by Cstrrider@lemmy.world to c/creditcards@lemmy.world

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So I am always curious to hear how folks value points in different reward systems. I think many of the card reviewers greatly overvalue points based on booking ridiculously overpriced international first class tickets at a fraction of the cost, but still 2x-3x or more what you would pay for an economy ticket. Here is how I would value the point systems I have had cards for:

Amex MR: 1.2 ¢/pt
- I generally will transfer points to domestic or international economy flights or to hotels when I can get at least 1 ¢/pt. The CS platinum sets a good minimum redemption rate.
Chase UR: 1.6 ¢/pt
- Assuming CSR. May get better rates for Hyatt and occasionally economy flights, but portal bonus/PYB set the minimum
Marriott Bonvoy: 0.67 ¢/pt
- Based on what I typically see scrolling through the site.
Hilton Honors: 0.5 ¢/pt
- Based on what I typically see scrolling through the site.
Hyatt: 1.67 ¢/pt
- Can be higher but the options are more limited.
Delta Miles: 1.2 ¢/pt
- Based on what I typically see scrolling through the site. Sometimes there are good deals on partner flights internationally.

That all said I mainly use the Amex trifecta because I can earn MR at a fast enough rate to make up for the lower valuation and I can use the credits effectively.

How do you value points?

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