Points and miles valuations
A valuation is an opinion with arithmetic behind it, so the arithmetic is in the table. Every number carries the date we last checked it, and where we have no number we say why rather than guessing one.
No valuations are published yet. Each one is a median of real redemptions priced against the cash fare for the same booking, and each has to be reviewed before it goes up — a number on this page is one we are willing to be held to.
The programs are already here: browse all 36 of them, each with its transfer partners and what they are good for.
A valuation is what a point is worth to someone who redeems it well, not an exchange rate. It is the number to compare a specific redemption against — the cents-per-point calculator does exactly that.