Icelandair

Icelandair points are worth about 0.43 cents each, on average, which means 10,000 Icelandair points have a value of around $43. Keep in mind that the value of Icelandair points depends on how they are redeemed, so each point can be worth up to 0.43 cents, especially when redeemed for Icelandair flights.

Icelandair Points vs. The Competition

One of the most effective ways to increase the rate at which you earn Icelandair points is to use the Icelandair credit card.

If you want to see how major airline rewards programs compare, check out WalletHub's guide to the Best Frequent Flyer Programs.

Icelandair points expire up to 48 months after they are earned (in the calendar year when points are earned and the following 3 years), as well as when you close your account with unused rewards. To prevent Icelandair points from expiring, redeem them regularly and make sure to cash in any unredeemed rewards before closing your account.

When Icelandair points will expire:

• Up to 48 months after they are earned (calendar year...