How to use the points-to-dollars calculator
Select your credit-card points currency from the dropdown, enter your balance, and the calculator converts to USD instantly using Award Travel Finder's cents-per-point valuations. There's nothing to submit — the result updates as you type. The calculator works for the five major US transferable-points currencies: Chase Ultimate Rewards, Amex Membership Rewards, Capital One Miles, Bilt Rewards and Citi ThankYou Points.
What is a "transferable" points currency?
Credit-card points like Chase UR and Amex MR aren't tied to a single airline. Instead, you can transfer them to a long list of airline and hotel partners — typically at a 1:1 ratio. That flexibility is exactly why they're more valuable than miles in any single airline program: when one program devalues or runs out of award space, you simply transfer to a different partner.
Most cards also let you redeem points directly through a portal (Chase Travel, Amex Travel, etc.) at 1.0–1.5¢ per point. That's almost always the worst use — transferring to an airline partner and booking award flights consistently delivers 1.8–2.5¢ per point.
Cents-per-point valuations we use
- Chase Ultimate Rewards: 2.0¢ per points
- Amex Membership Rewards: 2.0¢ per points
- Capital One Miles: 1.85¢ per miles
- Citi ThankYou Points: 1.8¢ per points
- Bilt Rewards: 2.05¢ per points
These valuations assume you'll transfer to a high-value airline partner. Lower-quality redemptions (statement credit, gift cards, Amazon checkout) typically give 0.6–1.0¢ per point — so you'd cut the values above roughly in half.
Worked examples
100,000 Chase Ultimate Rewards points at 2.0¢ each is worth $2,000 of value. The most popular sweet-spot redemptions: 70,000 UR → Virgin Atlantic for one-way Upper Class to the US; 60,000 UR → Air France/KLM Flying Blue for transatlantic business class; 100,000 UR → Aeroplan for premium-cabin awards on Lufthansa, ANA or Air Canada.
150,000 Amex Membership Rewards at 2.0¢ each is worth $3,000. Sweet spots: 88,000 MR → ANA for round-trip business class to Japan; 50,000 MR → Avios for off-peak transatlantic Club World; 75,000 MR → Aeroplan for one-way business class to Europe.
200,000 Bilt Rewards at 2.05¢ each is worth $4,100. Bilt's strongest partners are Alaska, Air France/KLM Flying Blue and Cathay Asia Miles. The 200K balance is enough for a one-way Cathay business class redemption to Asia for two people with miles to spare.
Why our cpp numbers are higher than other sites for some currencies
The Points Guy values Chase UR at 2.05¢, Amex MR at 2.0¢, and Bilt at 2.15¢. Our numbers are very close to theirs because for transferable currencies it's hard to do worse than 1.5¢ as long as you transfer to a competent airline partner — the floor is high. We're slightly more conservative on Capital One miles (1.85¢) because Cap One's airline partners are weaker than Chase's or Amex's.
How to maximize the value of your transferable points
- Always transfer to a partner. Booking through a card portal costs you ~40% of your points' value.
- Search availability first, transfer second. Points transfers are usually instant but irreversible. Confirm award space exists before pulling the trigger.
- Stack transfer bonuses. Chase, Amex and Bilt all run periodic 20–40% transfer bonuses to specific partners. Wait for one if you're not in a rush.
- Stay loyal to one or two ecosystems. Spreading 10,000 points across five programs is worth less than 50,000 in one — you need critical mass to redeem.
- Use a real award search tool. Award Travel Finder searches 19 airlines so you can see partner availability before transferring.
Related calculators & guides
- Chase Ultimate Rewards value guide
- Amex Membership Rewards value guide
- Capital One Miles value guide
- Citi ThankYou points value guide
- Bilt Rewards value guide
- Miles to Dollars Calculator — for airline miles
- British Airways Avios Calculator
- Cash vs Points (Flights)
Frequently asked questions
Should I redeem points through the card portal or transfer to an airline?
Almost always transfer. Card portals pay 1.0–1.5¢ per point. Transferring to a good airline partner and redeeming for business or first class consistently delivers 2.0–3.0¢ per point — double the value.
Are credit card points worth more than airline miles?
Yes, in most cases. Transferable points carry a built-in option premium because you can choose which program to redeem in. Earning 100,000 Chase UR is more valuable than earning 100,000 United miles because the UR points could become United, Aeroplan, Virgin Atlantic, Flying Blue, or several others.
Which currency has the highest cents-per-point value?
Bilt Rewards at 2.05¢ slightly edges Chase UR and Amex MR at 2.0¢. In practice all three are equivalent for most travelers — what matters more is the strength of each card's transfer partners.
How do transfer bonuses change the math?
A 30% transfer bonus from Amex MR to Air France/KLM means 100,000 MR becomes 130,000 Flying Blue miles. At 1.4¢ per Flying Blue mile, that's $1,820 of value vs $2,000 native — but the right Flying Blue redemption can deliver 2.5¢+, pushing the effective value to $3,250.
Can I transfer Chase points to Amex (or vice versa)?
No. Transferable points stay within their issuer ecosystem. The only "transfers" between issuers happen indirectly when both issuers share an airline partner (Air France/KLM, Singapore, Virgin Atlantic, etc.).