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Award bookings often still charge taxes and carrier surcharges
Estimated value
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Common questions

Why do point values vary so much depending on how I redeem them?
Unlike cash, points are not a fixed currency. Airlines and hotels set how many points a booking costs, and that number can be generous or poor value depending on the route, cabin class, and demand. A premium cabin flight on a route with high cash prices typically returns far more value per point than a fixed-value redemption like cash back or a gift card.
What counts as a good cents or pence per point value?
It depends on the program, since each one has a different typical range. As a rough guide, matching or beating the average valuation shown in this tool for your specific program is a solid redemption. Falling well below it, particularly close to the cash back rate, usually means you would do better paying cash and saving your points for something better.
Should I ever redeem points for cash back or gift cards?
It is usually the lowest value option, often worth half or less of what the same points could return through a good travel redemption. It can still make sense if your points are about to expire, if you have no upcoming travel plans, or if you simply want the certainty of a fixed value rather than the effort of hunting for a strong redemption.
Do these valuations account for taxes and surcharges on award flights?
The balance valuation is a general average and does not account for a specific booking's fees. The redemption checker does, since it asks for any taxes or carrier surcharges you would still pay, which can be significant on some airlines and meaningfully reduce your real value per point.