Theresa Chalfant, Writer
@theresa_chalfant
Credit card miles are worth around 1 each cent on average, though their value will vary depending on your card and how you choose to redeem them. You’ll typically get the best value by redeeming your miles for flights and other travel purchases, compared to options such as cash back, statement credits, or gift cards.
Travel cards like the Capital One Venture Rewards Credit Card offer miles that can be redeemed for any travel purchase, including flights, hotels, and rental cars. Miles are also found on co-branded airline credit cards. How much airline miles are worth when redeemed for flights depends on the airline, and the value ranges from 0.78 cents to 0.6 cents.
How Much Credit Card Miles Are Worth
| Credit Card | Average Value for Flights | Average Value for 1,000 Miles |
| Citi® / AAdvantage® Platinum Select® World Elite Mastercard® | 1.49 cents | $14.90 |
| 1 cent | $7.70 | |
| First Hawaiian Bank Priority Destinations World Elite Mastercard | 1 cent | $8.19 |
| 1 cent | $7.50 | |
| 1 cent | $10.00 | |
| 1.21 cents | $12.10 |
Keep in mind that the value of your miles can change. Miles will expire on some cards, and their value can decrease as your issuer sets new plateaus for redemption. You should spend your rewards as frequently as possible in order to avoid devaluation. Also, you can learn how best to manage your miles credit card with WalletHub’s full guide on how miles work.
Popular Airline Credit Cards
-
United Credit Card
-
Delta Credit Card
-
Southwest Credit Card
-
Any Airline
People also ask
How much are 40,000 airline miles worth?
40,000 airline miles are worth an average of $504, depending on the airline and when you choose to redeem your miles. Airlines usually offer multiple redemption options, but you’ll generally get the best value when you use miles for flights.
Value of 40,000 Miles by Airline
| Rewards Program | Value |
| $596 | |
| $548 |
How much are 75,000 Capital One miles worth?
75,000 Capital One miles are worth up to $750 depending on how you redeem them. You can redeem Capital One miles for a statement credit, check or gift cards, for example, though you will get the best redemption value by using the miles to pay for Travel expenses such as airfares, hotels, car rentals and tours.
To redeem Capital One miles for travel, log into the Capital One Travel portal and book flights, hotel...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.