One of many questions folks typically ask us is, “How a lot is some extent or mile value?”
The true reply varies from level to level and individual to individual. It additionally will depend on your journey targets and the way a lot you maximize a specific loyalty foreign money. Nonetheless, some rewards are value greater than others, and our objective is to offer you a way of how they stack up.
Traditionally, TPG has valued factors and miles primarily based on a mix of things: the worth at which we might buy the factors or miles, award prices in this system (factoring in availability and costs) and our experience in this system’s inside workings. Nevertheless, we now use in depth information for the highest seven U.S. airline loyalty applications to higher estimate the worth it is best to intention to get out of your rewards. Learn our explainer publish on our data-driven valuations for a full methodology breakdown.
What are bank card factors and miles value?
What are Bilt Rewards Factors value?
| Program | October 2025 valuation (cents) | Newest information |
|---|---|---|
| Bilt Rewards | 2.2 | We checked out Bilt’s new House Away from House lodge assortment — here’s what you need to know. |
What are airline factors and miles value?
| Program | October 2025 valuation (cents) | Newest information |
|---|---|---|
| Aeromexico Rewards | 0.8 | Delta Air Strains and Aeromexico should finish their three way partnership by January, the Trump administration ruled. |
| Air Canada Aeroplan | 1.4 | Air Canada is planning U.S. development in 2026, beginning with three new routes. You’ll be able to earn as much as 100,000 bonus points (75,000 bonus factors after spending $4,000 on purchases within the first three months of account opening, plus 25,000 bonus factors after spending $20,000 on purchases within the 12 months) and Aeroplan 25K elite standing with the Aeroplan® Credit Card.
Air Canada will use its new long-range Airbus A321XLR to launch a path to Mallorca, Spain. |
| Alaska Airways Atmos Rewards | 1.5* | Alaska Airways’ precious factors — and award chart — have survived Atmos Rewards, however the airline is within the means of ending its earning and redeeming partnership with LATAM and scaling again its partnership with Singapore Airways.
Choose Atmos Rewards cardholders now get complimentary cocktails at some Alaska Airlines lounges. |
| American Airways AAdvantage | 1.55* | American Airways is partnering with Canada’s Porter Airlines, letting AAdvantage members earn miles and Loyalty Factors. The airline is including a brand new, uncommon Boston route while making cuts in Miami, however it’s additionally adding fast-growing Vero Beach, Florida, to its increasing route map.
Highest supply: Earn 75,000 AAdvantage miles with the Citi® / AAdvantage Business™ World Elite Mastercard® after spending $5,000 throughout the first 5 months of account opening (see rates and fees). Here is why American Airways flyers should pay attention to Alaska Airlines Atmos Rewards. |
| ANA Mileage Membership | 1.4 | |
| Avianca LifeMiles | 1.4 | |
| Avios | 1.4 | This new user-friendly tool helps you to simply switch Avios between all seven airline applications.
Aer Lingus is adding Raleigh-Durham, North Carolina, flights to Ireland in its newest U.S. enlargement. |
| Cathay Asia Miles | 1.3 | Cathay Pacific is bringing again Seattle flights, starting at 70,000 miles in business class. |
| Delta SkyMiles | 1.2 (up from 1.15)* | Delta is launching Porto, Portugal, flights in 2026 — its seventh new European route — whereas dropping flights to Geneva as transatlantic journey shifts.
The airline brought back 12Status, the place you may rating Delta SkyMiles every time the Seattle Seahawks throw a move. Delta’s wild new Airbus A321neo configuration is official, with a whopping 44 first-class seats. |
| Emirates Skywards | 1.2 | Emirates stated no kids in first class (not less than, when utilizing miles). |
| Etihad Visitor | 1.2 | |
| Flying Blue | 1.3 | |
| Frontier Miles | 1.15 (up from 1.1)* | Frontier announced a 22-route expansion with an enormous deal with Mexico, the Caribbean and Central America. |
| HawaiianMiles (legacy) | 1.5 | HawaiianMiles transformed to Atmos Rewards on Oct. 1 — here’s what you need to know. |
| JetBlue TrueBlue | 1.45* | JetBlue is making a “big bet” on Fort Lauderdale as Spirit Airways faces a cloudy future, and JetBlue added flights to Cali, Colombia.
JetBlue retired its smallest, most outdated plane and will upgrade Wi-Fi with quick, new Amazon-powered satellite tv for pc service. |
| Qantas Frequent Flyer | 1.3 | |
| Singapore KrisFlyer | 1.3 | Singapore KrisFlyer will raise award rates and add dynamic pricing choices. |
| Southwest Speedy Rewards | 1.4 (up from 1.35)* | Southwest Airways launched its best-ever supply on its prime enterprise card — but here’s why you should wait to apply. The airline soft-launched extra-legroom seats on all Hawaii flights and almost half of its planes.
In case you fly Southwest not less than twice a 12 months, here’s why the Southwest Rapid Rewards® Plus Credit Card (see rates and fees) is smart for you. Southwest is adding flights to Santa Rosa, California, and will launch free Wi-Fi beginning in October. |
| Spirit Airways Free Spirit | 1.1 | Spirit is pulling out of 11 cities and slicing dozens of routes amid monetary woes, and its CEO has warned of deep schedule cuts in November. As a perk, the airline will offer cardholders two free checked bags.
Here is how Spirit Airways’ bankruptcy might affect your travel. |
| Turkish Airways Miles&Smiles | 1.2 | |
| United MileagePlus | 1.3* | United Airways launched a bag-transfer initiative for connecting flyers and can deploy Starlink Wi-Fi on its first mainline jet in October.
Touring to Greenland on United Airways? Here’s what to expect and what to do when you’re there. United and Italy’s ITA Airways will start a loyalty partnership ahead of the Star Alliance move. United is including flights in case Spirit “suddenly goes out of business.” |
| Virgin Atlantic Flying Membership | 1.3 |
*Calculated utilizing TPG’s data-backed valuations methodology launched in September 2023.
What are lodge factors value?
High factors and miles information
American Categorical refreshed two of its hottest playing cards in September, the Platinum Card® from American Express and The Business Platinum Card® from American Express.
The annual charge for the Platinum Card elevated from $695 to $895 (see rates and fees). The cardboard at present permits new cardmembers to search out out their supply and see in the event that they’re eligible for as excessive as 175,000 Membership Rewards factors after spending $8,000 on purchases within the first six months of card membership. Welcome gives fluctuate, and also you is probably not eligible for a proposal.
There are a host of new benefits for the Platinum Card as a part of the refresh, together with the next new assertion credit:
- As much as $75 quarterly Lululemon assertion credit score for purchases made at U.S. shops (excluding shops) and on-line**
- As much as $200 annual Oura Ring assertion credit score (for {hardware} purchases solely; not for memberships)**
- As much as $100 quarterly assertion credit score for U.S. Resy restaurant purchases**
- As much as $120 assertion credit score for Uber One membership (topic to auto-renewal)**
The cardboard’s lodge assertion credit score will increase to as much as $300 biannually (each six months) while you guide pay as you go American Express Fine Hotels + Resorts or The Hotel Collection stays through American Express Travel®**, and the digital leisure credit score has been raised to as much as $25 per 30 days, with Paramount+, YouTube Premium and YouTube TV added.**
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**Enrollment is required for choose advantages.
To study extra about all of the refresh adjustments, together with new lodge standing and eating perks, take a look at our full review of the American Express Platinum Card.
The Enterprise Platinum Card additionally noticed its annual charge improve from $695 to $895 (see rates and fees). New candidates can earn 200,000 Membership Rewards factors after spending $20,000 on eligible purchases throughout the first three months of card membership. This card can be receiving the next new assertion credit:
- As much as a $300 biannual assertion credit score (each six months) for pay as you go Wonderful Inns + Resorts or The Lodge Assortment stays through Amex Journey***
- As much as $1,200 for American Categorical Journey flights and as much as $2,400 in assertion credit for American Categorical One AP funds after spending not less than $250,000 on eligible purchases in a calendar 12 months to unlock to be used within the following calendar 12 months***
Modifications to Adobe and Dell credit already came into effect in July.***
***Enrollment is required for choose advantages.
Notice a give‑and‑take right here: Announced earlier in June, the 35% Pay with Factors rebate on the Enterprise Platinum now applies solely to flights together with your chosen U.S. airline (as much as 1 million factors again per 12 months), fairly than on any airline in first or enterprise class as earlier than.
Take a look at our full review of the Amex Business Platinum for extra particulars of the refresh, together with new lodge standing, eating perks and improved incomes charges in choose classes.
Are these playing cards now total higher or worse than earlier than?
Properly, that will depend on how you employ the advantages.
If you should use most or the entire new and improved advantages, it’s possible you’ll come out properly forward, even when paying an elevated annual charge. The lodge credit on each playing cards are particularly beneficiant and might will let you recoup a lot of the annual charge every year when you can guide two eligible stays.
It may be difficult to handle so many assertion credit, every with its personal distinctive quirks, however happily, Amex has improved its cellular app with a brand new advantages enrollment circulation.
Associated: My take on the $895 Amex Platinum: Is the price hike worth the added perks?
High gives for incomes factors and miles in October
Listed below are a few of the different greatest choices this month when you’re searching for a brand new travel rewards card that earns transferable factors or miles.
Chase Sapphire Reserve
The Chase Sapphire Reserve® (see rates and fees) at present gives 125,000 bonus factors after spending $6,000 on purchases within the first three months from account opening.
The recently refreshed card has up to date incomes charges, together with 8 factors per greenback spent on purchases made by means of Chase Travel℠ (together with The Edit lodge bookings), 4 factors per greenback spent on flights booked immediately and 4 factors per greenback spent on motels booked immediately. The brand new annual charge is $795, however cardholders will rise up to $500 in statement credits for hotel bookings made with The Edit every calendar 12 months ($250 in credit biannually on pay as you go bookings with The Edit of two or extra nights), as much as $300 in assertion credit every calendar 12 months for eating at eating places which can be a part of Sapphire Reserve Exclusive Tables ($150 in credit biannually) and extra.
Notice the flexible hotel credits for cardholders beginning Jan. 1, 2026.
Take a look at our Chase Sapphire Reserve card review to study extra.
Official utility hyperlink: Chase Sapphire Reserve
Chase Sapphire Reserve for Enterprise
Chase lately unveiled a brand-new enterprise card, the Chase Sapphire Reserve for Business℠ (see rates and fees). This card has an enormous welcome supply of 200,000 bonus factors after spending $30,000 on purchases within the first six months from account opening.
This product earns 8 factors per greenback spent on purchases by means of Chase Journey (together with The Edit), 4 factors per greenback spent on flights and motels booked immediately, and three factors per greenback spent on social media and search engine promoting. It comes with a number of versatile assertion credit however has a $795 annual charge.
See our Sapphire Reserve for Business card review for extra data.
Official utility hyperlink: Chase Sapphire Reserve for Business
Capital One Enterprise X Rewards Credit score Card
The Capital One Venture X Rewards Credit Card is a compelling possibility on account of its nice incomes charges and included perks. The cardboard at present has a welcome supply of 75,000 bonus miles after spending $4,000 on purchases throughout the first three months from account opening.
You will earn not less than 2 miles per greenback spent on purchases and get entry to varied helpful advantages, together with a $300 annual credit for bookings by means of Capital One Travel, 10,000 bonus miles every account anniversary and complimentary entry to Capital One airport lounges.
Take a look at our Capital One Venture X Rewards card review for extra particulars.
Be taught extra: Capital One Venture X Rewards Credit Card
Capital One Enterprise Rewards Credit score Card
The Capital One Venture Rewards Credit Card gives 75,000 bonus miles after spending $4,000 on purchases throughout the first three months from account opening. The annual charge for the Capital One Enterprise card is $95 — an inexpensive quantity for a card with such a beneficiant welcome supply.
See our Capital One Venture Rewards card review for extra particulars.
Be taught extra: Capital One Venture Rewards Credit Card
American Categorical Gold Card
Some of the standard playing cards with TPG staffers, the American Express® Gold Card lets new cardholders discover out their supply and see if they’re eligible for as excessive as 100,000 Membership Rewards factors after they spend $6,000 on purchases throughout the first six months of card membership. Welcome gives fluctuate, and also you is probably not eligible for a proposal.
The Amex Gold is nice for a lot of on a regular basis purchases. You will earn 4 factors per greenback spent on groceries at U.S. supermarkets (on as much as $25,000 in purchases per calendar 12 months, then 1 level per greenback spent) and 4 factors per greenback spent at eating places worldwide (on as much as $50,000 in purchases per calendar 12 months, then 1 level per greenback spent).
The cardboard has a $325 annual charge (see rates and fees), so take a look at our Amex Gold review to see whether or not it is smart.
Official utility hyperlink: American Express Gold Card
Ink Enterprise Most well-liked Credit score Card
The Ink Business Preferred® Credit Card has a welcome supply of 90,000 bonus factors after spending $8,000 on purchases within the first three months after card opening.
The Ink Enterprise Most well-liked gives 3 factors per greenback spent on the primary $150,000 spent on journey and choose enterprise classes every account anniversary 12 months.
For extra particulars, take a look at our Ink Business Preferred Credit Card review.
Be taught extra: Ink Business Preferred Credit Card
The data for the Ink Enterprise Most well-liked has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
For charges and costs of the Amex Platinum, click on here.
For charges and costs of the Amex Enterprise Platinum, click on here.
For charges and costs of the Amex Gold, click on here.
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