Airline Miles to Dollars Converter
Result
Cash Value Rs 500
Cents per Point 1.00¢
Convert loyalty program miles/points to cash value. Value: dollars = miles / redemption rate. Typical rates: 1 cent per mile = 100:1 ratio.
Formula
Cash Value = Miles / Redemption Rate
50,000 miles, 100:1 rate
Inputs
- Miles/Points: 50000
- Redemption Rate (points per $1): 100
$500 (0.5¢/point)
Frequently asked questions
What's a good rate?
0.7-1¢ per point is excellent; 0.5¢ is typical
How to find rate?
Check program T&Cs or calculate: recent redemptions