One of the questions I’m asked most often is “how much is a point or mile worth?” That question varies per person and how well they can maximize a particular currency for their needs, but still there are some points worth more than others.
How much are all those points and miles really worth?
To give readers – both old and new – some context, I’ve included my valuation of points from 2013 and from the last month, as well as the reasons why there have been changes in their values (like devaluations or new fees).I’ve also added values for Singapore Airlines Krisflyer and Flying Blue.
I also noted which credit cards out there can help you rack points up fastest in case you decide you want to focus in on a currency you haven’t considered previously.
The Calculations I’ll be honest, there isn’t a mathematical formula at work here. At some point I’d like to create a system that could calculate a precise value based on award availability, fees, award levels, and ease of accrual, but for now these valuations are based on a combination of how much I would pay to buy points if given the opportunity, and …read more