Trusted Tools · Cents Per Point Calculator

Is This a Good Deal?

Found an award flight or hotel and not sure if it's worth your points? Fill in three numbers and I'll tell you how much each point is worth on this booking, and whether that's a good deal.

What the same flight or hotel would cost if you paid in dollars.

$

How many points or miles the award booking costs.

The cash you still pay when booking with points. Enter 0 if none.

$

Pick a program to compare against its typical value.

Your value

6.86¢

per point

Great

Excellent value. This is the kind of redemption points are made for.

No program picked, so we use a simple rule of thumb: under 1¢ is weak, 1–1.5¢ is OK, 1.5–2¢ is good, and 2¢+ is great.

How we got that number

  1. Cash you avoid paying: $5,000 cash price − $200 taxes & fees = $4,800.
  2. Divide by the points used: $4,800 ÷ 70,000 points = $0.0686 per point.
  3. Turn dollars into cents (× 100): 6.86¢ per point.

In plain words: each point is saving you about 6.86¢. Using 70,000 points here is like getting $4,800 of travel for them.

What does “cents per point” mean?

It's how much money each point or mile saves you. If a $500 hotel night costs 25,000 points, each point is worth 2 cents ($500 ÷ 25,000 × 100). The higher the number, the more you're getting for your points.

Why it matters

The same points can be worth very different amounts depending on how you use them. 70,000 points might cover a $700 economy ticket or a $5,000 business class seat. Checking the cents per point helps you spot the redemptions that stretch your points the furthest, and the ones where paying cash is smarter.

Worked example: a business class flight

  • Cash price for a business class seat: $5,000
  • Award price: 70,000 points + $200 in taxes & fees
  • Cash you avoid paying: $5,000 − $200 = $4,800
  • $4,800 ÷ 70,000 points = $0.0686, which is about 6.9 cents per point

That's several times the typical value of most points, so it's a great deal.

Beginner tips

  • Taxes and fees matter. Some awards add hundreds of dollars in fees, which lowers your real value.
  • Compare to what you'd actually pay. Use a realistic cash price, not an inflated one you'd never pay.
  • Points don't earn interest. Programs can raise award prices anytime, so sitting on points for years rarely pays off.
  • Trips first, numbers second. Don't skip a trip you'd love just to chase a higher number. The calculator is a guide, not a rule.

FAQ

What is a good cents per point value?

As a simple rule of thumb, under 1 cent is weak, 1 to 1.5 cents is OK, 1.5 to 2 cents is good, and 2 cents or more is great. Each program is different, though: hotel points like Hilton are usually worth well under 1 cent, while Hyatt points are typically worth closer to 1.5 to 2 cents.

Should I include taxes and fees?

Yes. Award tickets and hotel stays often still charge cash for taxes and fees. That money comes out of your pocket either way, so we subtract it from the cash price before dividing by the points.

What cash price should I use?

Use the price you would realistically pay for the same trip: same dates, same cabin, same hotel room. If you would never pay $8,000 for a business class seat, the real value to you is closer to what you would actually spend.

Is it always better to use points for the highest cents per point?

No. Points are meant to be used for trips you actually want. A slightly lower value on a trip you are excited about beats holding points forever waiting for the perfect redemption, since programs can devalue points over time.

Where do the typical values come from?

They are based on The Points Guy's October 2026 monthly valuations (published Oct 1, 2026). Treat them as a rough guide to help you compare, not an exact or guaranteed value. Your real value depends on how you redeem.

Typical values we use

A rough guide based on The Points Guy's October 2026 valuations (published Oct 1, 2026). Real value depends on how you redeem.

Amex Membership Rewards~2.0¢
Chase Ultimate Rewards~2.05¢
Capital One Miles~1.85¢
Citi ThankYou Points~1.9¢
Bilt Points~2.2¢
United MileagePlus~1.2¢
Delta SkyMiles~1.2¢
American AAdvantage~1.45¢
Alaska Atmos Rewards~1.55¢
Southwest Rapid Rewards~1.25¢
World of Hyatt~1.65¢
Hilton Honors~0.4¢
Marriott Bonvoy~0.75¢
IHG One Rewards~0.6¢

Need to find the award seat first?

My favorite award search tools are on the Trusted Tools page.

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Julia Portela