What are points and miles worth? TPG June 2024 valuation

One of the questions people often ask us is “How much is a point or a mile worth?”

The answer really varies from spot to spot and person to person. It also depends on your travel goals and how much you max out a particular loyalty currency. There are still some left credit card rewards are more valuable than others, and our goal is to help you understand how they stack up against each other.

Historically, TPG priced points and miles based on a combination of factors: the price at which we would purchase the miles, the cost of rewards within the program (including availability and fees), and Our expert knowledge of the internal workings of the program. But now we use extensive data on the top six US airline loyalty programs to more accurately estimate the value you should aim to get from your rewards. Read our explanatory article above data-driven pricing for full method details.

Note: These valuations are not provided by the card issuer.

What are credit card points and miles worth?

Information about the Citi Premier card has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

What are airline points and miles worth?

*Calculated using TPG’s data-driven valuation methodology launched September 2023.

Information about Avianca and Qatar cards has been obtained independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

What are hotel points worth?

Points and miles news

Enhanced welcome offers for Chase Sapphire Preferred® Card and Reserve Chase Sapphire® is about to end. Don’t miss out on earning 75,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.

Based on this month’s valuation Chasing the ultimate reward score, we rate the welcome bonus offered by each of these cards at an impressive $1,537.

With so many Ultimate Rewards points on offer through these welcome bonuses, you may be wondering how best to use them. We appreciate Ultimate Rewards for a number of reasons. First, you can redeem them in a variety of ways, whether you’re looking to travel in luxury halfway around the world or want to save money on everyday purchases.

Second, these points are extremely flexible. You are not locked into any particular usage; You can cut and change as often as you like, whenever you want. You may want to keep them in your Ultimate Rewards account until a nice transfer bonus becomes available, or redeem your welcome bonus as soon as you earn it—the choice is yours.

With so many ways to use Ultimate Rewards, we’ve prepared a list Easy way to redeem Chase points that’s perfect for beginners and casual points and miles collectors. TPG’s points and miles experts explain how to get them maximum value from their Ultimate Rewards; Not to mention, TPG had three employees redeem 75,000 Ultimate Rewards points for last-minute trips including one. couple vacationing in MexicoOne trip to Greece and a business class flight to New Zealand.

The enhanced welcome bonus for these cards ends soon, so don’t miss out on this great deal.

Related: Chase Sapphire Preferred vs. Sapphire Reserve: Should you choose mid-tier or premium?

Travel credit card offers

Enough The card offers a great welcome bonus; Here are some of our favorites this month.

Chase Sapphire Preferred Card

We discussed this card above, but it’s so great that we’ll cover its benefits in more detail here. After all, Chase Sapphire Preferred® Card is currently offering 75,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening. According to our valuation, that’s worth $1,537 when you leverage transfer partners, or $937 if you buy it back through Chase Travel℠ at 1.25 cents per point.

The card comes with a $95 annual fee, travel protections, and additional perks — like $50 hotel credit annually for reservations made through Chase Travel and Bonus 10% anniversary points based on your previous year’s spending. For more details, see Chase Sapphire Preferred Card Review.

Of course, you might want to jump in Reserve Chase Sapphire® instead of. Although the card has a higher annual fee of $550, it includes perks such as Prior Pass lounge accessOne $300 annual travel credit and a Global Entry Credit or TSA PreCheck.

Official App Link: Chase Sapphire Preferred Card

Capital One Venture X Rewards Credit Card

The Capital One Venture X Rewards Credit Card is one of the most exciting travel credit cards on the market thanks to its high earning rates and included perks.

The card currently offers a welcome bonus of 75,000 bonus miles when you spend $4,000 on purchases within the first three months of account opening. Due to the value you can receive when redeeming a gift with Capital One’s great hotel and airline transfer partnerOur valuation pegs the value of this welcome bonus at 1,388 USD.

Check out ours Capital One Venture X card review For more details.

Official App Link: Capital One Venture X Rewards Credit Card

Capital One Venture Rewards Credit Card

Standard Capital One Venture Rewards Credit Card offers the same welcome bonus as Venture X. You can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months of account opening. Like the Venture X, the Venture card earns at least 2 miles per dollar on every purchase.

Check out ours Capital One Venture card review For more details.

Official App Link: Capital One Venture Rewards Credit Card

American Express Platinum Card

With the current welcome offer on American Express Platinum® Card, you’ll earn 80,000 Membership Rewards points after spending $8,000 on purchases in the first six months of card membership. Even so, you may be targeted for a higher price through CardMatch tool. (This offer may change at any time.)

The Amex Platinum Card has many benefits such as Airport lounge access And The hotel’s elite status. The card has an annual fee of $695 (see exchange rates and fees). Registration is required to receive select benefits.

For more details, see Amex Platinum Rating.

Official App Link: American Express Platinum Card

American Express Gold Card

One of the most popular cards with TPG employees, the card American Express® Gold Card offers 60,000 Membership Rewards points after you spend $6,000 on qualifying purchases on your new card within the first six months of card membership. Based on our pricing, this welcome offer is worth $1,200, but be sure to check CardMatch tool to see if you’re targeted for an even higher offer. (This offer may change at any time.)

The Amex Gold Card is great for many everyday purchases. You’ll earn 4 points per dollar on grocery purchases at US supermarkets (on purchases up to $25,000 per calendar year, then 1 point per dollar) and 4 points per dollars when dining at a restaurant. The card has an annual fee of $250 (see exchange rates and fees).

For more details, see Amex Gold Review.

Official App Link: American Express Gold Card

American Express Business Platinum Card

American Express Business Platinum® Card offers 150,000 Membership Rewards points after you spend $20,000 on qualifying purchases with your card in the first three months of card membership. According to our valuation, this welcome offer is worth at least $3,000, but you can get even more value when redeeming for premium airfare.

You will find many Amex Business Platinum perks are lesser known similar to (but slightly different from) the personal version. Check out our comparison Amex Platinum and Business Platinum to see which card is better suited to your wallet.

For more details, see Amex Business Platinum Rating.

Official App Link: American Express Business Platinum Card

Capital One Venture X Business

The Capital One Venture X Business the card launches in September 2023. The card offers a welcome bonus of 150,000 miles after spending $30,000 in the first three months of account opening. While that’s a big spending requirement, those rewards can be a big help on your next trip.

Venture X Business has perks nearly identical to those on the personal version of the card – incl $300 annual credit to book through Capital One Travelaccess to spacious airport lounges and 10,000 bonus miles each year after your cardmember anniversary.

For more details, see Capital One Venture X Business Review.

Official App Link: Capital One Venture X Business

Ink Business Preferred Credit Card

The Ink Business Preferred® Credit Card offers a generous welcome bonus of 100,000 Ultimate Rewards points after you spend $8,000 in the first three months after opening the card. Based on our current valuation, this welcome bonus is worth over 2,000 USD. This could be a great option for business owners wanting to benefit from a six-figure welcome bonus who might not be able to meet their higher spending requirements. Capital One Venture X Business welcome offer.

The Ink Business Preferred also offers 3 points per dollar on the first $150,000 in combined purchases each year on travel, transportation, internet, cable and phone services as well as advertising purchases made on social media sites and search engines.

For more details, see Ink Business Preferred Credit Card Review.

Official App Link: Ink Business Preferred Credit Card

For Amex Platinum Card rates and fees, click This.
For Amex Gold Card rates and fees, click This.