Loyalty Points Value Calculator

How it is calculated

The tool multiplies your points by a value per point that you enter in cents, then converts to dollars: cash value = points × cents per point ÷ 100. It also shows the same rate in dollars (cents ÷ 100) to four decimals, so 1.5 cents becomes $0.0150. The value per point is your own assumption, not something the tool looks up: it should come from how you plan to redeem, for example the statement-credit rate or the effective rate on a travel booking. Points and cents per point must each be zero or more. Zero in either field gives $0.00. Taxes, fees and expiry are not included.

Common mistakes

• Entering the value per point in dollars, such as 0.015, instead of cents (1.5). The field is in cents, so 0.015 would value 50,000 points at only $7.50.
• Using the best redemption you have ever seen as the rate for all points. If you will redeem for cash back, use that rate, not a transfer-partner rate you may not use.
• Forgetting that a points price is not the whole cost. Taxes, surcharges or fees paid at booking are separate, so compare the value against the cash price you would actually have paid.
• Assuming the points keep their value. Programs can change redemption rates or expire points, and the calculation is a snapshot at the rate you enter.
• Comparing two programs using different units. One may quote cents per point and another points per dollar, so convert one to the other before entering numbers.