Last updated on May 12th, 2020
Keeping up to date with the airline industry is never easy. Knowing what your airline miles are worth can be even trickier. Understanding rewards point mile valuations is critical to getting the most out of your hard-earned airline miles.
In the airline industry, things are constantly in flux. Fortunately, our editors have teamed with our partners at our sister site, AirlineCards.com, to bring you the latest frequent flyer program valuations, plus some of the top deals for November – and what to look out for in 2020.
Airline Miles Valuations – November 2019
So, what are airline rewards miles actually worth? There are several different metrics that are necessary to determine the true value of airline rewards. These factors include how many miles it would cost to fly to different cities at different times of the year, ticket class, and how these mile and point calculations compare to the cash price for the same ticket. Here is a quick rundown of some of the most popular airline rewards programs available – all of which also offer co-branded credit cards to help members maximize their earning potential.
Frequent Flyer Program Values for November:
- Alaska Mileage Plan – 1.75 to 1.8 cents/mile
- American Airlines AAdvantage Miles – 1.4 cents/mile
- Delta SkyMiles –1.2 to 1.25 cents/mile
- Flying Blue Points –1.2 cents/point
- Flying Club Miles (Virgin Atlantic) –1.5 cents/mile
- Frontier Miles –1.1 cents/mile
- HawaiianMiles –0.9 to 0.95 cents/mile
- MileagePlus Miles (United) –1.3 to 1.35 cents/mile
- Miles & More Miles (Lufthansa) –1.4 cents/mile
- Southwest Rapid Rewards Points –1.5 cents/point
- TrueBlue Points (Jet Blue) –1.3 cents/point
The value of miles and points on frequent flyer programs often remains stagnant unless there are major changes in how these miles and points are earned, or on what they are redeemable. Southwest Rapid Rewards points, for example, recently lost some of their redemption value due to changes in the airline’s Companion Pass program. Previously, a Companion Pass (which entitles holders to a heavily discounted fare for a companion for the entire year) would set you back 110,000 Rapid Rewards points. Now, however, it costs 125,000, meaning the points you already may have are worth (ever so slightly) less.
Frequent Flyer Program Deals for November
Now that you know how much frequent flyer rewards are worth, what are some of the best ways to take advantage of these programs? Airlines are continuously offering new bonuses and incentives to entice new customers, meaning it can be difficult to keep up with the latest comings and goings in the airline rewards world. Never fear, however, as the team at BestCards is here to give you the update on the best deals this month.
Southwest Matching Elite Status Through the End of 2019
One of the best deals frequent flyers need to consider is Southwest offering to match the elite status in any domestic frequent flyer program through the end of the year. This offer means that if you have elite status with a domestic carrier, such as Spirit, Frontier, Alaska, or any other, Southwest will automatically grant you equal status in their Rapid Rewards program. The Southwest Rapid Rewards program is a perennial favorite among frequent travelers, with elite members enjoying perks such as priority check-in, priority boarding, express security access, priority standby, and more. Receiving instant access (for the first year) to elite tiers in the Rapid Rewards program is an impressive bonus for those who frequently travel within the United States – especially given the extensive reach of Southwest’s route map.
Earn More AAdvantage Miles by Booking with IHG
If you’re a heavy traveler (whether for business or pleasure), using your AAdvantage account to book your hotel stays through the American Airlines shopping portal offers an impressive return on investment. Booking IHG hotel stays, including brands such as Holiday Inn, Kimpton, InterContinental, Staybridge, Crowne Plaza, and more, through the American Airlines portal earns a huge nine points for each dollar spent, meaning each dollar spent with IHG bookings offers an AAdvantage miles value of over 12 cents per dollar.
Changes to Look Out for Next Year
Just as frequent flyer programs offer great deals, so, too, do they sometimes take them away. Frequent flyers also need to be on the lookout for the following changes that are expected in the coming months and into 2020:
United Airlines Changing MileagePlus Program
One of the biggest changes coming in 2020 is the modification to United’s MileagePlus program. Beginning in 2020, United will alter the way United Premier status is achieved by removing the importance of miles flown in favor of a combination of Premier Qualifying Flights (PQFs) and Premier Qualifying Points (PQPs). PQFs concern the total number of flights a member flies, whereas PQPs refers to the number of dollars spent on flights – and not the distance flown. Fortunately, there is no change for either lifetime status already earned with United, nor will there be any amendments to how miles earned are redeemed. The downside, however, is that the changes will result in a realignment of MileagePlus membership, with the airline expecting many current members to be downgraded initially.
Trust in the Credit Card Experts at BestCards.com
Understanding the value of an airline’s frequent flyer program is vital to ensure you get the most bang for your buck when it comes to earning – and redeeming – miles or points. At BestCards, our talented team of editors is here to help you stay up to date with the latest news on loyalty programs of all shapes and sizes. Through their extensive industry knowledge and research, our team of credit card experts brings you everything you need to know about rewards programs and credit cards to help you make the most out of your hard-earned miles and points. Whether you are searching for the latest news and reviews for co-branded airline credit cards and loyalty programs with our sister site AirlineCards.com; hotel loyalty guides and comprehensive hotel rewards credit cards with HotelCards.com; or just want to find your ideal credit card from the hundreds of impartial reviews on BestCards.com, we have the tools you need to find your perfect credit card. No matter which site you choose, you can’t go wrong!