Measuring relative value
of points redeemed for hotel stays is much easier, however, as the differences between each partner are more obvious.
Most of the time, you will only receive 1 cent in value
per point redeemed towards flights and other reservations.
Any amount of the travel Purchase not covered by the
TD Points redeemed will remain on the Account for payment.
Points redeemed from one of these accounts are worth about one cent each as cash back, gift cards, and merchandise.
There are no blackout dates or restrictions on
points redeemed for air and travel and you can earn double points when you book online.
The amount that will be credited toward the travel purchase will be equal to the value of the TD
Rewards Points redeemed.
As a general rule, the more
points you redeem at once, the higher the value you will get for each point.
It tells you how many cents you get for each mile or
point you redeem by dividing the cash price of the airline ticket by the number of miles or points the award flight costs.
If
points redeemed do not cover entire amount, the balance of purchase price will remain on the American Express Card account.
In addition, there is now a 500,000 - point cap on rebated points, which means that «only» the first 1.428 million
points you redeem with this feature will get the rebate.
If points redeemed do not cover entire amount, the balance of purchase price will remain on the American Express Card account.
NerdWallet values
IHG points redeemed for IHG hotel stays at 0.7 cents each, much more than when redeemed for airline miles or gift cards.
Points redeemed only as statement credit against travel expenses (not that difficult, but still an extra step)
Looking for hotels that offer PointSavers rates or are expensive because of an event or the time of year will give you more bang for each
Marriott point you redeem.
For both current and new Hyatt Gold Passport cardholders, Hyatt will rebate 20 % of all Gold
Passport points redeemed through July 31, 2015, as long as they register their card for the promotion by March 31, 2015 (Frequent Miler has the details here).
In addition to the loss of Admirals Club access, Citi is reducing the value of
ThankYou points redeemed for flights, discontinuing the Complimentary Golf benefit, and reducing the value (in some cases substantially) of the 4th Night Free hotel benefit.
Chase
points redeemed via the Chase travel portal are worth 1.5 cents each and only 1 cent for all non-travel rewards.
ThankYou
® Points redeemed for flights though the ThankYou Travel Center will be worth extra.
In the table below, we calculate the ratio of airline miles received to
SPG points redeem for each option in these travel packages.
Based on my research, I concluded that irregular pricing occurred when a hotel has a high enough fixed value assigned to
HHonors points redeemed for premium rooms and, for whatever reason, the best available rate for premium rooms is low enough to drop the price in cash, after conversion to HHonors points, below the HHonors point cost for a standard room award.
Similarly, the JetBlue Plus Card provides a 10 % rebate on all True
Blue points redeemed for award flights.
Unlike other hotel co-branded credit cards, you won't get Gold status as a cardmember unless you charge $ 30,000 on your card annually, but the flexibility of the program to cash in your points for airline miles with a bonus of 5,000 miles for every 20,000
points redeemed makes it more than worth it — even if you don't frequent Starwood properties.
The rest of the time, cardholders can earn 1X Plenti point per $ 1 spent on Macy's purchases, Members can save at least $ 10 off their Macy's purchase for every 1,000
Plenti points redeemed.
You will receive 10 % Bonus Points back on the World of
Hyatt points you redeem for award stays, points + cash, suite upgrades, dining and spa services during this period.
If you choose to redeem Membership Rewards (MR) points for statement credit, you would a $ 6 statement credit for every 1000
MR points you redeem.
Still, the Barclaycard Arrival Plus ™ World Elite MasterCard ® earns 2X on all purchases for
points redeemed toward travel as does the Capital One ® Venture ® Rewards Credit Card, so you could find much better earning options if you're just wanting to earn cash back towards travel expenses.
(Again, this assumes you use the Sapphire Reserve, where
UR points redeem at 1.5 cents each.)
15 % discount is only applicable to minimum Points pricing and does not apply to taxes, fees and surcharges which are payable in addition to
Velocity Points redeemed.
Compare this to American Express Membership Rewards that would give you.07 cents per
point redeeming through their travel portal.