Quite simply, in almost all cases, non-cash awards (such as store gift cards, frequent flyer miles, hotel points, etc) are not as valuable as the same cash-equivalent award. For example, would you rather have a $100 Amazon gift card, or $100 in cash. Aren’t they worth the same? The answer is a firm NO.
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There are actually 2 tiers of the American Express Membership Rewards Program—the MR tier (this is the “full” program) and the Express Tier (which is identical to the MR tier except that you can’t transfer points to other frequent flyer/hotel programs). The Express Rewards program typically applies to AMEX cards that don’t charge annual fees, such as Blue From American Express.
Since the Express Program offers fewer redemption options than the full MR tier, you might feel like you’re getting hit below the belt (and it turns out to be true!) as the value of the points earned in the Express program is worth less than the same number of points earned through the MR program.
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The American Airlines AAdvantage (“Advantage”) Rewards program is the 1st and world’s largest frequent flyer program, or so their website claims. Travelers earn miles when they fly on American Airlines, American Connection/Eagle, or more than 20 other airline partners. The American Airlines Advantage program offers several different types of awards:
What is the value of Citi’s Thankyou Points Rewards Program
The Thankyou points network is Citibank’s primary rewards vehicle for its credit card portfolio (and points can also be earned just by opening accounts with Citi).
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For those of you who like to get to the answer fast, PlasticIQ estimates the value of Hilton points to be worth around $0.0043 per point. This is a complex question to tackle (and like many rewards calculations, at times subjective), but here’s PlasticIQ’s take. The first thing to note is that the value of Hilton rewards actually varies depending on several factors, primarily:
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