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Speedway points are worth 0.09 cents each, on average. For example, 10,000 Speedway points have a dollar value of roughly $9. As a result, Speedway points are less valuable than the average retail rewards points, which are valued at 2.19 cents each.
The easiest way to calculate the value of Speedway points for any redemption method 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 for Speedway points:
Dollar Value of Redemption Item / Number of Speedway Points Needed = Speedway Point Value
How to Earn More Speedway Points
It’s important to remember that while you can’t change the redemption values of Speedway points, you can increase the rate at which you earn them. One of the best ways to increase the number of Speedway points that you earn is to apply for the Speedway Credit Card.
Speedway Points vs. The Competition
| Rewards Program | Average Point Value | Value of 1,000 Points |
| Speedy Rewards | 0.09 cents | $0.89 |
| Murphy Drive Rewards | 1 cent | $10.00 |
| Exxon Mobil Rewards+ | 1 cent | $10.00 |
| Circle K Rewards | 0.1 cents | $1.00 |
| Sheetz Rewards | 1 cent | $10.00 |
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You can calculate reward point values by dividing the dollar value of what you redeem points for by the number of points required to get that product or service. This will leave you with the value of a single reward point. For example, if a $500 plane ticket costs 40,000 points, that means each point is worth 1.25 cents when redeemed for airfare.
Cost of Item in Dollars / Cost in Points = Value...
read full answer by Christie Matherne, Credit Card WriterDid we answer your question?
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