Editor’s notice: This can be a recurring publish, often up to date with new data and presents.
One of many questions individuals usually ask me is, “How a lot is some extent or mile value?”
The true reply varies from level to level and individual to individual. It additionally depends upon your journey targets and the way effectively you possibly can maximize a specific loyalty forex. Nonetheless, some rewards are clearly value greater than others, and my purpose is to offer you a way of how they stack up.
Traditionally, TPG has valued factors and miles primarily based on a mix of the value at which we might buy the miles, award prices in this system (factoring in availability and charges) and our personal experience within the inside workings of the packages.
Nonetheless, we’re within the technique of evolving our valuations to turn out to be as data-driven as attainable.
In search of a handy method to see your entire factors and miles in a single place? Obtain the free TPG App!
That data-driven course of started final November with our 4 main transferable currencies — American Categorical Membership Rewards factors, Chase Final Rewards factors, Citi ThankYou Rewards factors and Capital One miles.
Now, we’re utilizing a mathematical mannequin that takes into consideration quite a few components particular to transferable factors, together with:
- Distinctive switch companions (not shared by different card issuers).
- Probably the most beneficial particular person companions in this system.
- The bottom redemption worth whenever you redeem factors or miles instantly for journey.
Primarily based on this rollout, we at the moment are rounding the valuations for our bank card currencies to the closest five-hundredths of some extent so as to higher seize the real-world worth they provide cardholders.
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We absolutely anticipate these numbers to fluctuate over time as we refine our equations and roll out extra data-backed resort and airline valuations within the coming months.
Likewise, we moved three airline currencies — American AAdvantage, Delta SkyMiles and United MileagePlus miles — to a data-backed mannequin late final 12 months. Nonetheless, we’ve got put these valuations on pause whereas we work out a difficulty with our knowledge supplier. We’re excited to have data-backed valuations up to date within the coming months.
Word: These valuations usually are not offered by card issuers.
Factors and miles valuations
|Program||February 2022||January 2023||February 2023||Word|
|Accor Le Membership||2.0||2.0||2.0|
|Aeroplan Loyalty Program||1.5||1.5||1.5|
|Alaska Mileage Plan||1.8||1.8||1.8|
|American Categorical Membership Rewards||2.0||2.0||2.0|
|Amtrak Visitor Rewards||2.5||2.5||2.5|
|ANA Mileage Membership||1.4||1.4||1.4|
|Greatest Western Rewards||0.7||0.6||0.6|
|Brex Unique Rewards||1.7||1.7||1.7|
|Capital One Rewards||1.85||1.85||1.85|
|Chase Final Rewards||2.0||2.0||2.0|
Launched transfers to/from Radisson Rewards Americas and can ultimately merge packages.
|Citi ThankYou Factors||1.7||1.8||1.8||
Will launch 30% switch bonus to Virgin Atlantic Flying Membership on Feb. 19.
Most cobranded credit score cardholders now get 15% off Delta-operated award flights.
|Diners Membership Rewards||2.1||2.1||2.1|
Devalued transatlantic award tickets from the U.S. to Europe.
Launched new Promo Rewards from the U.S. to Europe.
|IHG Rewards Membership||0.5||0.5||0.5||
Launched meals and beverage awards for elites at choose properties.
|JetBlue TrueBlue Rewards Program||1.3||1.3||1.3|
|Korean Air SkyPass||1.7||1.7||1.7|
Diminished factors and elite evening incomes at Protea Lodges.
|Southwest Fast Rewards||1.5||1.5||1.5|
|Spirit Airways Free Spirit||1.1||1.1||1.1|
|Turkish Airways Miles and Smiles||1.3||1.3||1.3|
|Virgin Atlantic Flying Membership||1.5||1.5||1.5|
|World of Hyatt Loyalty Program||1.7||1.7||1.7|
* Calculated utilizing TPG’s revamped data-backed valuations methodology, launched in December 2021.
Factors and miles information
January and early February had been mild on factors and miles information, however there are nonetheless some attention-grabbing developments to share.
One of the crucial thrilling bulletins was Delta’s new TakeOff 15 characteristic. This offers most Delta cobranded bank card holders 15% off all Delta-operated award tickets, making SkyMiles extra beneficial throughout the board for these cardholders. All playing cards are eligible, sans the no-annual-fee Delta SkyMiles® Blue American Categorical Card.
Moreover, Air Canada Aeroplan launched Emirates first-class award redemptions — however they are not low-cost. Sadly, the loyalty program additionally applied its Emirates-specific award chart, which has made Emirates redemptions costlier throughout the board.
Talking of Emirates, the airline additionally devalued its Skywards program but once more. This time, transatlantic award tickets from New York to Athens and Milan have elevated in worth. This comes weeks after the airline devalued most awards to and from its Dubai hub.
On the resort facet, Alternative Lodges and Radisson Rewards Americas launched factors transfers between the 2 packages. Moreover, the 2 loyalty packages will merge later within the 12 months to create one centralized program for all lodges underneath each manufacturers. This comes simply months after Alternative acquired Radisson Lodges Americas.
In minor information, we additionally noticed Marriott halve factors and elite nights earnings at Protea Lodges. Marriott Bonvoy members will now earn 5 factors per greenback and one elite evening for each two nights stayed at these lodges.
Associated: Right here’s what you must know earlier than transferring Marriott factors to airline miles
Knowledge-backed valuations replace
As famous within the introduction, we moved to data-backed valuations for 3 main airline packages — American AAdvantage, Delta SkyMiles and United MileagePlus — final 12 months. Nonetheless, we’ve run into a difficulty with our knowledge supplier that has prompted us to place data-backed valuations on maintain. What you see now are valuations calculated for March 2022, however we plan to publish up-to-date valuations for these three airways quickly.
Journey bank card presents
There isn’t a scarcity of unbelievable new welcome bonuses on many common playing cards — listed here are just a few of our favorites this month.
Chase Sapphire Reserve
Proper now, the Chase Sapphire Reserve card is providing an elevated welcome bonus of 60,000 bonus factors after you spend $4,000 within the first three months of account opening. Per TPG’s valuation, that’s value $1,200 whenever you leverage switch companions, or $900 when you redeem via the Chase journey portal at 1.5 cents per level.
Whereas the cardboard has a hefty $550 annual charge, it contains perks like Precedence Move lounge entry, an annual $300 journey credit score and a International Entry or TSA PreCheck credit score, amongst different advantages. Plus, you’ll earn 3 factors per greenback on all journey and eating bills, so you possibly can rapidly rack up rewards in your subsequent large journey.
For extra particulars, try our full evaluation of the Chase Sapphire Reserve card.
Official software: Chase Sapphire Reserve.
Capital One Enterprise X Rewards Credit score Card
Towards the tip of 2021, Capital One launched its first premium rewards card, and it is likely one of the most enjoyable journey bank cards available on the market, due to nice incomes charges and included perks.
The cardboard is at present providing a welcome bonus of 75,000 bonus miles whenever you spend $4,000 on purchases within the first three months from account opening — value $1,388 in line with our valuations — due to Capital One’s wonderful airline and resort switch companions.
For extra particulars, try our full evaluation of the Capital One Enterprise X Rewards Credit score Card.
Official software: Capital One Enterprise X Rewards Credit score Card
Capital One Enterprise Rewards Credit score Card
The usual Capital One Enterprise Rewards Credit score Card is at present providing the identical welcome bonus because the Enterprise X. You may earn 75,000 bonus miles when you spend $4,000 on purchases inside the first three months from account opening. Just like the Enterprise X, the Enterprise card earns 2 miles per greenback on all the things.
For extra particulars, try our full evaluation of the Capital One Enterprise Rewards Credit score Card.
Official software: Capital One Enterprise Rewards Credit score Card
The Platinum Card® from American Categorical
With the present welcome provide on the Amex Platinum, you’ll earn 80,000 factors after you spend $6,000 on purchases within the first six months of card membership.
After all, the cardboard is jam-packed with advantages like airport lounge entry, resort elite standing and extra. These advantages could make your journey expertise smoother and extra luxurious than ever earlier than — particularly with the most up-to-date additions. The cardboard has a $695 annual charge (see charges and charges). Enrollment is required for choose advantages.
For extra particulars, try our full evaluation of the Amex Platinum Card.
Official software: The Platinum Card from American Categorical
American Categorical® Gold Card
One of the crucial common playing cards with TPG staffers through the pandemic, the Amex Gold presents 60,000 Membership Rewards factors after you spend $4,000 on eligible purchases in your new card inside the first six months of card membership. This welcome provide is value $1,200 primarily based on our valuations — however make sure you verify the CardMatch device to see when you’re focused for an excellent greater provide. (Provides are topic to alter at any time).
The cardboard is nice for a lot of on a regular basis purchases. You’ll earn 4 factors per greenback at U.S. supermarkets (on as much as $25,000 in purchases per calendar 12 months, then 1 level per greenback) and 4 factors per greenback on eating at eating places. The cardboard has a $250 annual charge (see charges and charges).
For extra particulars, try our full evaluation of the Amex Gold Card.
Official software: American Categorical Gold Card
The Enterprise Platinum Card® from American Categorical
The Enterprise Platinum Card presents 120,000 Membership Rewards® factors after you spend $15,000 on eligible purchases along with your card within the first three months of card membership. Per our valuations, this welcome provide is value not less than $2,400, however you may get much more worth when redeeming for high-end airfare.
The cardboard additionally offers a slew of extra perks much like (however barely completely different from) the private model — you possibly can examine the 2 playing cards on this information to see which one can be a greater match in your pockets.
For extra particulars, try our full evaluation of the Amex Enterprise Platinum Card.
Official software: The Enterprise Platinum Card from American Categorical
Airline bank cards
Delta is working limited-time presents on most of its cobranded bank cards. This is a have a look at the present presents:
- Delta SkyMiles® Gold American Categorical Card: Earn 70,000 bonus miles after $2,000 in spending within the first six months of cardmembership. TPG values this bonus at $987. Provide ends March 29.
- Delta SkyMiles® Platinum American Categorical Card: Earn 90,000 bonus miles after $4,000 in spending within the first six months of cardmembership. TPG values this bonus at $1,269. Provide ends March 29.
- Delta SkyMiles® Reserve American Categorical Card: Earn 90,000 bonus miles after $6,000 in spending in your first six months of cardmembership. TPG values this bonus at $1,269. Provide ends March 29.
- Delta SkyMiles® Gold Enterprise American Categorical Card: Earn 75,000 bonus miles after $3,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,058. Provide ends March 29.
- Delta SkyMiles® Platinum Enterprise American Categorical Card: Earn 95,000 bonus miles after $4,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,340. Provide ends March 29.
- Delta SkyMiles® Reserve Enterprise American Categorical Card: Earn 100,000 bonus miles after $6,000 in spending within the first three months of cardmembership. TPG values this bonus at $1,410. Provide ends March 29.
Associated: One of the best airline bank cards
Resort bank cards
A number of resort bank card welcome bonuses present a easy method to enhance your factors balances. You should use these factors to economize on resort stays worldwide, regardless of the place your travels take you.
The portfolio of IHG Rewards bank cards underwent main upgrades earlier this 12 months, and there are at present some stable limited-time presents obtainable:
All of those new presents put you in an amazing place to earn a ton of bonus factors or miles, and there could also be extra to come back.
For charges and charges of the Amex Gold Card, click on right here.
For charges and charges of the Amex Platinum Card, click on right here.
For charges and charges of the Delta Gold Amex, click on right here.
For charges and charges of the Delta Platinum Amex, click on right here.
For charges and charges of the Delta SkyMiles Reserve Amex, click on right here.
For charges and charges of the Delta Gold Enterprise Amex, click on right here.
For charges and charges of the Delta Platinum Enterprise Amex, click on right here.
For charges and charges of the Delta SkyMiles Reserve Enterprise Amex, click on right here.
Further reporting by Andrew Kunesh and Benji Stawski.
That is The Factors Man’s everlasting web page for essentially the most up-to-date valuations, so you possibly can bookmark it and verify again every month for updates.