*This page will constantly be updated.
I have been asked how much points are worth. There is no exact amount because it depends on how you use your points. But I can give an approximation on how much points are worth if you maximize your return.
(Last updated September 5, 2015)
- Air Canada Aeroplan: up to 1.7 cent per point
- Alaska Airlines Mileage Plan: up to 2 cents per point
- American Airlines AAdvantage: up to 1.7 cent per point
- British Airways Avios: up to 1.7 cent per point
- Delta Air Lines SkyMiles: up to 1.2 cent per point
- United Airlines MileagePlus: up to 1.5 cents per point
- Porter Airlines VIPorter: up to 5 cents per point
- Best Western: up to 0.8 cent per point
- Club Carlson: up to 0.6 cent per point
- IHG Rewards: up to 0.7 cent per point
- Hilton HHonors: up to 0.5 cent each
- Hyatt Gold Passport: up to 1.8 cent per point
- Marriott: up to 0.7 cent per point
- Starwood Preferred Guest: up to 2.3 cents per point
- Air Miles: up to 11 cents per point
- Aventura: up to 2 cents per point
- Avion: up to 2 cents per point
- BMO Rewards: 1 cent per point
- Capital One Aspire Travel: 1 cent per point
- Esso Extra: up to 0.6 cents per point
- HBC Points: up to 0.5 cent per point
- Membership Rewards: up to 1.8 cent per point
- PC Points: 1 cent per point
- Petro Points: up to 0.09 cent per point
- Plum Points: up to 0.28 cent per point
- Shoppers Optimum: up to 0.18 cent per point
- VIA Preference: up to 6 cents per point
The above list is a rough approximation of how much each point is worth from each program. Generally you will probably be getting less than what is estimated above for your points, so be sure to do a little research when redeeming your points. It will really depend on how you leverage your points.
Also keep in mind that the calculations are different when using your points for first class reward flights. For business or first class, you will generally get more value per point when redeeming for reward flights, based on the price of the business or first class ticket. However, the question is whether you would have paid for that ticket in the first place.
During very special promotions, you can potentially earn more value than the list above. Otherwise, if you can get a return close to the value listed above, then you’re getting great value out of your points.