![]() ![]() We found several sweet spots on domestic and international itineraries where you could redeem points for more than 2 cents per point. The American Airlines award chart may be gone, but the dynamic pricing still provides excellent value on some routes. Why American Airlines' miles are so valuable Delta SkyMiles are now worth 1.2 cents - the same as United Airlines (UAL) and Hawaiian Airlines.Īlso on MarketWatch: The restaurant behind David Brooks's viral $78 Newark Airport meal is serving the same burger dish for just $17.78 The biggest loser is Delta Air Lines, with its points falling from tied for first (1.5 cents) last year to barely beating Frontier Airlines. But then again, maybe it shouldn't come as a shock since Frontier also had the highest value rewards program last year. They're at last out of the under-1 cent valuation that has plagued the budget airlines in our analysis. They're also partners with American Airlines through the Oneworld alliance.įrontier Airlines also added a few tenths of a cent, so their miles are now worth 1.1 cents. The next highest are Southwest and JetBlue, which haven't changed in valuation and remain at 1.5 cents per point.Īlaska Airlines miles climbed this year to 1.4 cents. To calculate the value of airline miles and hotel points, we collect real-world data on thousands of flights and hotel stays and compare cash prices and award prices to determine the baseline value of each loyalty program's points.Īmerican Airlines miles are worth 1.7 cents this year, up from 1.5 cents last year. How have points changed in value last year? Plus: Want to add a rental car or hotel to your flight reservation? Here's why you shouldn't bundle your travel bookings. ![]() So why are American Airlines AAdvantage miles worth so much now? And how did the rest of the airlines fare in our annual analysis of airline and hotel points? Here are some of the highlights from our latest data. Usually, airline and hotel programs that switch to dynamic pricing - instead of using award charts - have lower point values, not higher. Yeah, it's a surprise to us, too, considering American Airlines did away with its domestic award chart in April and got rid of its low-cost SAAver and AAnytime awards. And this year, Southwest has finally lost its crown to. In 2022, Southwest, Delta Air Lines (DAL), American Airlines (AAL) and JetBlue (JBLU) all tied for the most valuable miles. Southwest Rapid Rewards members could book more flights (or more expensive flights) because their points were worth almost 1.5 times as much as everyone else's.īut other airlines started catching up over the past three years. airline's points were worth only 1 to 1.1 cents. In 2020, Southwest Rapid Rewards points were worth a whopping 1.6 cents, while every other major U.S. That means travelers can usually redeem 10,000 Southwest points for a $150 award flight. According to NerdWallet's valuations, Southwest Airlines points have hovered around 1.5 cents per point since 2019 (when we started collecting the data). carriers, you'd probably collect Southwest (LUV) Rapid Rewards points. adults conducted online by The Harris Poll, 35% of travel rewards credit cardholders say they try to get the best possible value when redeeming their earned points/miles for travel.įor the last four years, if you wanted to collect the most valuable airline miles among U.S. Getting the most value out of travel rewards matters to a lot of frequent flyers.Īccording to a 2023 NerdWallet survey of more than 2,000 U.S. This article is reprinted by permission from NerdWallet. Here's the surprising airline that's picked it up.for now ![]() This year, Southwest has finally lost its 'most valuable points' crown.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |