How much are Choice points worth? This question is about Choice Hotels International

How much are Choice points worth?

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This question is about Choice Hotels International

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@WalletHub • 08/26/20 This answer was first published on 08/27/20 and it was last updated on 08/26/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Choice points are worth 0.94 cents each, on average. That means 10,000 Choice points have a value of about $94. Plus, Choice points are less valuable than the average hotel points, which are worth roughly 0.95 cents each.

It's important to remember that the value of Choice points depends on how they are redeemed. They have the most value when used for Choice Privileges hotel reservations. You can easily calculate the value of Choice points for any redemption method, though. Just divide the dollar value of the redemption item by the number of points needed.

How to Earn More Choice Points

One of the best ways to increase the number of Choice points that you earn is to apply for a Choice credit card. That can also help you reach a higher status tier in the Choice Privileges, further boosting your earning potential.

Choice Points vs. The Competition

Rewards Program	Average Point Value	Value of 1,000 Points
Choice Privileges	0.94 cents	$9.4
Marriott Bonvoy	0.91 cents	$9.1
Hilton Honors	0.63 cents	$6.3
IHG Rewards Club	0.7 cents	$7
World of Hyatt	2.53 cents	$25.3

How to Calculate the Value of Choice Points

The easiest way to calculate the value of Choice points is to determine the dollar value of what you're redeeming for, minus any taxes and fees that you'll still have to pay, and then divide that amount by the number of points you're required to redeem. For your convenience, here's the formula:

Dollar Value of Redemption Item / Number of Choice Points Needed = Choice Point Value

Answer Question

When do Choice Privileges points expire?

Choice Privileges points expire after 18 months with no account activity as well as when you close your account with unused rewards. To prevent Choice Privileges points from expiring, redeem your points on a regular basis and make sure to cash in any unredeemed rewards before closing your account.

When Choice Privileges points will expire:

After 18 months without account activity.
When you or Choice Privileges closes the account.

...

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Cash back vs. points: does it make a difference?

The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...

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