1.7 Miles Plus 1.7 Miles
Editor'southward note: This is a recurring post, regularly updated with new information and offers.
1 of the questions I'm oft asked is, "How much is a signal or mile worth?"
The true respond varies from point to point and person to person and depends on your travel goals and how well y'all can maximize a item loyalty currency. However, some rewards are clearly worth more than than others — my goal is to give you lot a sense of how they stack upwards.
Historically, TPG has valued points and miles based on a combination of the price at which we would purchase the miles, award costs in the program (factoring in availability and fees) and our own expertise in the inner workings of the programs. However, we are in the process of evolving our valuations to get as information-driven as possible.
Looking for a convenient manner to see all of your points and miles in one place? Download the gratuitous TPG App!
That data-driven process began concluding November with our iv major transferable currencies — American Express Membership Rewards points, Chase Ultimate Rewards points, Citi ThankYou Rewards points and Majuscule I miles. Now, we are using a mathematical model that takes into account a number of factors specific to transferable points, including:
- Unique transfer partners (non shared by other card issuers).
- The nearly valuable individual partners in the plan.
- The base redemption value when y'all redeem points or miles direct for travel.
Based on this rollout, we are at present rounding the valuations for our credit card currencies to the nearest 5-hundredths of a indicate in order to improve capture the real-globe value they offering cardholders. We fully look these numbers to fluctuate over time as nosotros refine our equations and curl out additional information-backed hotel and airline valuations in the coming months.
Likewise, we moved three airline currencies — American AAdvantage, Delta SkyMiles and United MileagePlus miles — to a information-backed model terminal December. However, we accept put these valuations on suspension while we work out an consequence with our data provider. We're excited to accept data-backed valuations updated afterward this twelvemonth.
Note: These valuations are not provided past carte du jour issuers.
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Points and miles valuations
* Calculated using TPG'due south revamped data-backed valuations methodology, launched in Dec 2021.
Points and miles news
Equally you tin can see in the table above, it hasn't been tranquility in the points and miles infinite recently.
In big news for Delta loyalists, Delta recently made significant changes to how y'all earn Medallion condition and the benefits of achieving summit-tier status. In particular, Delta is raising the Medallion Qualification Dollars thresholds past 33% for all tiers excluding Silver Medallion for 2024 status. And beginning Feb. 1, 2023, Delta will roll out 6 new Pick Benefits options.
American Airlines and British Airways launched reciprocal upgrade certificates, significant AAdvantage loyalists can now employ systemwide upgrades on some British Airways flights. And Flying Blue appear a new set of Promo Rewards that include some U.South. cities.
Meanwhile, Aeroplan unveiled a new, potentially loftier-value redemption option in the course of HotelSavers. Best of all, Aeroplan says it has hidden some sweet spot redemptions within its HotelSavers options. Aeroplan elites and premium credit cardholders can besides take advantage of a status match opportunity with Avis.
On the hotel side, IHG One Rewards announced a new bonus points promotion and Marriott Bonvoy launched its Week of Wonders.
Finally, cardholders can once again transfer Capital One miles to transfer partners after transfers were unavailable for more than than a week.
Data-backed valuations update
As noted in the introduction, nosotros moved to data-backed valuations for three major airline programs — American AAdvantage, Delta SkyMiles and United MileagePlus — last year. However, we've run into an outcome with our data provider that's caused u.s. to put information-backed valuations on hold. What yous see at present are valuations calculated for March, just we program to publish upward-to-date valuations for these three airlines soon.
Travel credit card offers
There is no shortage of incredible new welcome bonuses on many popular cards — here are a few of our favorites this month.
Upper-case letter 1 Venture X Rewards Credit Card
Toward the cease of 2021, Capital One launched its first premium rewards card, and it is one of the most exciting travel credit cards on the marketplace, thanks to great earning rates and included perks.
The card is currently offering a welcome bonus of 75,000 bonus miles when you spend $4,000 on purchases in the first three months from business relationship opening, worth $ane,388 according to our valuations, thanks to Capital One's excellent airline and hotel transfer partners.
For more details, check out our full review of the Capital One Venture X Rewards Credit Menu.
Official application: Capital Ane Venture Ten Rewards Credit Card
Capital One Venture Rewards Credit Carte
The standard Capital One Venture Rewards Credit Bill of fare is currently offer the same welcome bonus as the Venture X. You tin earn 75,000 bonus miles once you lot spend $4,000 on purchases within the kickoff 3 months from account opening. Like the Venture X, the Venture carte earns ii miles per dollar on everything.
For more details, bank check out our full review of the Capital I Venture Rewards Credit Card.
Official awarding: Uppercase Ane Venture Rewards Credit Bill of fare
The Platinum Bill of fare® from American Express
With the electric current welcome offer on the Amex Platinum, you'll earn fourscore,000 points after you spend $6,000 on purchases in the first six months of cardmembership.
Of form, the menu is jam-packed with benefits like airport lounge admission, hotel elite condition and more. These benefits tin can make your travel experience smoother and more luxurious than ever earlier — especially with the most contempo additions. The carte has a $695 annual fee (see rates and fees). Enrollment is required for select benefits.
For more details, check out our total review of the Amex Platinum Card.
Official application: The Platinum Card from American Express
American Express® Gold Card
I of the nigh popular cards with TPG staffers during the pandemic, the Amex Golden offers sixty,000 Membership Rewards points later on spending $four,000 on eligible purchases on your new card within the first six months of carte du jour membership. This welcome offering is worth $1,200 based on our valuations, but be certain to check the CardMatch tool to run across if you're targeted for an even higher offering (offering is subject area to change at any time).
The card is great for many everyday purchases. You'll earn 4 points per dollar at U.Southward. supermarkets (on up to $25,000 in purchases per calendar year, then 1 point per dollar) and 4 points per dollar on dining at restaurants. The card has a $250 almanac fee (see rates and fees).
For more details, check out our full review of the Amex Gilt Card.
Official application: American Express Gilded Carte
The Business organisation Platinum Card® from American Express
The Business Platinum Card offers 150,000 Membership Rewards® points after you lot spend $15,000 on eligible purchases with your card in the outset iii months of card membership. Per our valuations, this welcome offer is worth at least $three,000, but you can get even more value when redeeming for loftier-finish airfare.
The card also provides a slew of additional perks similar to (merely slightly dissimilar from) the personal version — you can compare the two cards in this guide to run across which i would be a meliorate fit for your wallet.
For more details, bank check out our full review of the Amex Business Platinum Card.
Official application: The Business Platinum Menu from American Express
Citi Premier® Menu
The Citi Premier Card is an excellent choice for frequent travelers, road trippers and foodies akin. The carte earns 3 Citi ThankYou points per dollar spent at restaurants, supermarkets and gas stations, and on air travel and hotels. You tin transfer these points to summit-notch transfer partners like Avianca LifeMiles, Turkish Airlines Miles&Smiles and others.
The card is currently offer a welcome bonus of eighty,000 ThankYou points afterward you spend $4,000 on purchases within the first three months of business relationship opening.
For more than details, cheque out our full review of the Citi Premier Card.
Official application: Citi Premier Card
Related: 4 reasons the Citi Premier Menu should be on your shortlist
Airline credit cards
Airline credit cards let you earn airline miles and give you perks with their corresponding airlines, similar free checked bags.
Right now, the Alaska Airlines Visa® Business organization card is offering forty,000 bonus miles plus Alaska's Famous Companion Fare™ from $121($99 fare plus taxes and fees from $22) with this offer afterward making $2,000 or more in purchases within the offset 90 days of opening your account. .
Additionally, the Alaska Airlines Visa Signature credit bill of fare offers 50,000 bonus miles plus Alaska's Companion Fare™ from $121 ($99 fare plus taxes and fees from $22). To qualify, yous must make $2,000 or more in purchases within the start ninety days of opening your account.
And if you're looking to earn American Airlines miles, check out the post-obit cards and their current offers:
- Citi® / AAdvantage® Executive World Elite Mastercard® : Earn 80,000 bonus miles after spending $5,500 within the get-go 3 months of account opening.
- Citi® / AAdvantage® Platinum Select® World Aristocracy Mastercard® : Earn fifty,000 bonus miles after spending $ii,500 within the offset three months of business relationship opening.
- American Airlines AAdvantage MileUp℠ Card : Earn 10,000 bonus miles and get a $50 statement credit after you spend $500 inside the first 3 months of account opening.
Related: The best airline credit cards
Hotel credit cards
Several hotel credit menu welcome bonuses provide a uncomplicated way to boost your points balances. You lot tin use these points to save coin on hotel stays around the world, no matter where your travels take you.
The portfolio of IHG Rewards credit cards underwent major upgrades before this year, and there are currently some solid offers bachelor:
- IHG® Rewards Premier Credit Card : Earn 140,000 bonus points after spending $iii,000 on purchases inside the beginning iii months of account opening.
- IHG® Rewards Traveler Credit Carte du jour : Earn eighty,000 bonus points afterwards spending $2,000 on purchases within the start three months of account opening.
- IHG® Rewards Premier Business Credit Card: Earn 140,000 bonus points after spending $3,000 on purchases in the starting time three months from business relationship opening.
All of these new offers put you in a great position to earn a ton of bonus points or miles equally you go set to travel again, and there may exist more to come. If you lot oasis't already, exist sure to sign upward for our daily newsletter to stay in the loop on the biggest travel news of the day.
For rates and fees of the Amex Aureate Carte du jour, click here.
For rates and fees of the Amex Platinum Carte du jour, click hither.
Boosted reporting by Andrew Kunesh and Benji Stawski.
Updated on x/26
This is The Points Guy's permanent page for the virtually upwards-to-date valuations, and then you tin can bookmark it and bank check dorsum each month for updates.
Editorial disclaimer: Opinions expressed here are the author's lonely, not those of any bank, credit card issuer, airline or hotel chain, and have non been reviewed, approved or otherwise endorsed by any of these entities.
1.7 Miles Plus 1.7 Miles,
Source: https://thepointsguy.com/guide/monthly-valuations/
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