![]() If you find that's the case, a simple solution is to look at the value you get for every 1,000 points redeemed. This gives you the value of each point, but comparing cents (or fractions of cents) is sometimes confusing when you're looking at different reward options. For example, if you wanted to spend 36,000 points on a flight that costs for $533, the result of this calculation is $0.0148 (or about 1.5 cents). Divide the cost of the reward by the number of points needed.With gift cards or cashback, the value is already established (e.g. ![]() Or, if you want to use points for a coffee machine, you could search for a similar model sold at different retailers. If you want to redeem your points for a flight, go to the airline's website and search for flights on your chosen travel dates. Estimate the retail value of your chosen reward.This is because the number of points you need for a reward varies depending on what you redeem them for and the actual rewards program.īut you can get an idea of what your points are worth for any reward using the following steps: There is no fixed, dollar value for points when you're redeeming them. With any rewards program, the value of the points depends on what rewards you redeem. Steps to calculate the value of rewards points
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