Adam McCann, Financial Writer
@adam_mcan
A good redemption rate for credit card points is at least 1 cent per point. In some cases, you may even be able to get significantly more than 1 cent per point, which is the average value among credit card rewards programs.
You should also keep in mind how many points you get for every dollar you spend. For example, if your points are worth 0.5 cents each but you get 2 points for every dollar you spend, that’s effectively no different from getting 1 point worth 1 cent for every dollar spent.
Below, you can see how different credit card rewards programs compare when it comes to point values.
Redemption Rate for Credit Card Points by Rewards Program
| Credit Card Rewards Program | Average Value of One Point |
| 0.95 cents | |
| 0.72 cents | |
| 0.85 cents | |
| 0.83 cents | |
| 1 cent | |
| 1.18 cents |
You can learn more about the best credit card rewards programs on WalletHub.
Popular Rewards Credit Cards in September 2025 from Our Partners
-
Everyday Cash Back
-
Bonus Cash Back
-
Bonus Miles
-
Bonus Points
People also ask
Is 2% rewards good?
Yes, 2% rewards is good for a credit card, especially if you're earning at least 2% back on all purchases, as the average rewards card offers just 1% back. Several credit cards offer either 2% cash back on all purchases or points/miles worth 2% back, while many more cards offer 2% back only on certain types of purchases.
Credit Cards with 2% Back on Purchases
- Wells Fargo Active Cash® Card
- Citi Double Cash® Card
- Synchrony Premier World Mastercard®
- PNC Premier Traveler® Visa Signature Credit Card...
Did 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.
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.