WanderWise Points Value Index
What every credit-card transfer partner is worth, in cents per point — one authoritative, independently estimated reference covering Chase, Amex, Capital One, and Citi.
Last updated: July 2026 · 16 transfer partners across 4 programs
As of July 2026, the highest-value credit-card transfer partner in the WanderWise Points Value Index is Hyatt at roughly 1.5–2.3¢ per point, reachable only through Chase Ultimate Rewards. Airline partners such as ANA (1.3–1.9¢), Singapore Airlines (1.2–1.8¢), and Turkish Airlines (1.2–1.8¢) are the next-best value, worth the most on premium-cabin awards. The lowest-value partners are hotel programs — Hilton (0.4–0.6¢) via Amex at a 1:2 ratio, and Marriott (0.6–0.9¢) — where points are plentiful but each is worth well under a cent. Most transfers are 1:1, but Amex→Hilton is 1:2, Amex→JetBlue is 1:0.8, Cap One/Citi→Accor is 2:1, and Chase→Hyatt is now 4:3 for newer Sapphire Preferred cardholders. A useful rule of thumb: flexible bank points are worth about 1–2¢ each, so 100,000 points is roughly $1,000–$2,000 in travel — but only when you transfer to the right partner for a specific award. These are conservative WanderWise editor estimates, not guarantees; actual value depends on the redemption and should be verified at booking.
Every transfer partner ranked by value
Sorted by WanderWise estimated cents-per-point value, highest first. “Programs” shows which bank currencies reach each partner.
| Partner | Programs that reach it | Transfer ratio | WanderWise value (cpp) | Best use |
|---|---|---|---|---|
| Hyatt | Chase | 4:3 | 1.5–2.3¢ | Sapphire Preferred now transfers at 4:3 (new cardholders since Jun 15 2026; existing keep 1:1 until Oct 1 2026). Sapphire Reserve still transfers 1:1. Even at 4:3, often the best UR hotel redemption. |
| ANA | Amex | 1:1 | 1.3–1.9¢ | Round-trip-only chart with excellent premium-cabin rates to Asia. |
| Singapore Airlines | Chase, Amex, Cap One, Citi | 1:1 | 1.2–1.8¢ | KrisFlyer premium-cabin space on its own metal is a classic sweet spot. |
| Turkish Airlines | Cap One, Citi | 1:1 | 1.2–1.8¢ | Miles&Smiles is a top sweet spot for domestic US (United metal) and Europe. |
| Virgin Atlantic | Chase | 1:1 | 1.1–1.7¢ | Flying Club is strong for partner premium cabins; confirm surcharges. |
| British Airways | Chase, Amex, Cap One | 1:1 | 1–1.6¢ | Avios shine on short nonstop hops; watch high surcharges on long-haul. |
| Air France/KLM | Chase, Amex, Cap One, Citi | 1:1 | 1–1.6¢ | Flying Blue monthly Promo Rewards can cut Europe fares sharply. |
| Air Canada | Cap One | 1:1 | 1.1–1.6¢ | Aeroplan has a distance-based chart and broad Star Alliance access. |
| United | Chase | 1:1 | 1–1.5¢ | Wide domestic + Star Alliance award space; strong sweet spots to Europe. |
| Southwest | Chase | 1:1 | 1.2–1.5¢ | Fixed revenue-based pricing; easy no-blackout domestic economy. |
| Delta | Amex | 1:1 | 1–1.4¢ | SkyMiles have no award chart; value varies — best on dynamic-priced deals. |
| JetBlue | Amex, Citi | varies | 1–1.4¢ | Transfers at 1:0.8, so you lose 20% of points — rarely the best use. |
| Accor | Cap One, Citi | 2:1 | 1–1.4¢ | Transfers 2:1 — you lose half the points; value only for Accor cash-back credits. |
| Wyndham | Cap One, Citi | 1:1 | 0.7–1¢ | Flat ~15k/night Vacasa vacation rentals can beat cash on big homes. |
| Marriott | Chase, Amex | 1:1 | 0.6–0.9¢ | Huge footprint but low per-point value; transfer only for a specific booking. |
| Hilton | Amex | 1:2 | 0.4–0.6¢ | Transfers 1:2 so you get double the points, but each is worth less. |
Chase Ultimate Rewards
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Hyatt | 4:3 | 1.5–2.3¢ | Sapphire Preferred now transfers at 4:3 (new cardholders since Jun 15 2026; existing keep 1:1 until Oct 1 2026). Sapphire Reserve still transfers 1:1. Even at 4:3, often the best UR hotel redemption. |
| Singapore Airlines | 1:1 | 1.2–1.8¢ | KrisFlyer premium-cabin space on its own metal is a classic sweet spot. |
| Virgin Atlantic | 1:1 | 1.1–1.7¢ | Flying Club is strong for partner premium cabins; confirm surcharges. |
| British Airways | 1:1 | 1–1.6¢ | Avios shine on short nonstop hops; watch high surcharges on long-haul. |
| Air France/KLM | 1:1 | 1–1.6¢ | Flying Blue monthly Promo Rewards can cut Europe fares sharply. |
| United | 1:1 | 1–1.5¢ | Wide domestic + Star Alliance award space; strong sweet spots to Europe. |
| Southwest | 1:1 | 1.2–1.5¢ | Fixed revenue-based pricing; easy no-blackout domestic economy. |
| Marriott | 1:1 | 0.6–0.9¢ | Huge footprint but low per-point value; transfer only for a specific booking. |
Cards that earn Chase Ultimate Rewards: Chase Sapphire Preferred · Chase Sapphire Reserve · Chase Freedom Unlimited. Ratios verified 2026-07-23.
Amex Membership Rewards
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| ANA | 1:1 | 1.3–1.9¢ | Round-trip-only chart with excellent premium-cabin rates to Asia. |
| Singapore Airlines | 1:1 | 1.2–1.8¢ | KrisFlyer for Singapore Suites/business on its own metal. |
| British Airways | 1:1 | 1–1.6¢ | Avios for short nonstop hops; heavy surcharges on some long-haul. |
| Air France/KLM | 1:1 | 1–1.6¢ | Flying Blue Promo Rewards are a recurring value play to Europe. |
| Delta | 1:1 | 1–1.4¢ | SkyMiles have no award chart; value varies — best on dynamic-priced deals. |
| JetBlue | 1:0.8 | 1–1.4¢ | Transfers at 1:0.8, so you lose 20% of points — rarely the best use. |
| Marriott | 1:1 | 0.6–0.9¢ | Low per-point value; transfer only against a specific stay. |
| Hilton | 1:2 | 0.4–0.6¢ | Transfers 1:2 so you get double the points, but each is worth less. |
Cards that earn Amex Membership Rewards: American Express Gold Card · Amex Platinum Card. Ratios verified 2026-07-23.
Capital One Miles
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Turkish Airlines | 1:1 | 1.2–1.8¢ | Miles&Smiles is a top sweet spot for domestic US (United metal) and Europe. |
| Singapore Airlines | 1:1 | 1.2–1.8¢ | KrisFlyer premium cabins on its own metal. |
| Air Canada | 1:1 | 1.1–1.6¢ | Aeroplan has a distance-based chart and broad Star Alliance access. |
| British Airways | 1:1 | 1–1.6¢ | Avios for short nonstop hops; mind the surcharges. |
| Air France/KLM | 1:1 | 1–1.6¢ | Flying Blue Promo Rewards to Europe. |
| Accor | 2:1 | 1–1.4¢ | Transfers 2:1 — you lose half the points; value only for Accor cash-back credits. |
| Wyndham | 1:1 | 0.7–1¢ | Flat ~15k/night Vacasa vacation rentals can beat cash on big homes. |
Cards that earn Capital One Miles: Capital One Venture X · Capital One Venture Rewards. Ratios verified 2026-07-23.
Citi ThankYou Points
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Turkish Airlines | 1:1 | 1.2–1.8¢ | Miles&Smiles sweet spots for US domestic and Europe on Star Alliance. |
| Singapore Airlines | 1:1 | 1.2–1.8¢ | KrisFlyer premium cabins on its own metal. |
| Air France/KLM | 1:1 | 1–1.6¢ | Flying Blue Promo Rewards to Europe. |
| JetBlue | 1:1 | 1–1.4¢ | Fixed revenue-based value; simple domestic economy. |
| Accor | 2:1 | 1–1.4¢ | Premium-card ratio is 2:1 — you lose half; value only for Accor credits. |
| Wyndham | 1:1 | 0.7–1¢ | Flat-rate Vacasa vacation rentals can beat cash on large homes. |
Cards that earn Citi ThankYou Points: Citi Strata Premier. Ratios verified 2026-07-23.
How we estimate value
The cents-per-point ranges in this index are conservative, independent WanderWise editor estimates — set on our own, not copied from any other valuation. Each range reflects the value of one partner point after transfer, based on typical real-world award prices measured against comparable cash fares, then adjusted for the transfer ratio. The value of any single redemption varies widely by route, date, cabin, and availability, so treat these figures as a planning guide, not a promise — always verify the exact ratio and award price at booking before you transfer, since transfers are one-way and cannot be reversed. WanderWise is an independent editorial resource; these estimates are not financial advice.
Frequently asked questions
What are Amex Membership Rewards points worth?
WanderWise estimates Amex Membership Rewards points at roughly 1.0 to 1.9 cents each when transferred to the right partner. The strongest Amex redemptions are airline partners like ANA (1.3–1.9¢) and Singapore Airlines (1.2–1.8¢) for premium-cabin awards. Transfers to hotels like Hilton (0.4–0.6¢, at a 1:2 ratio) and Marriott (0.6–0.9¢) are worth far less per point.
Which transfer partner gives the most value per point?
By WanderWise editor estimates, Hyatt is the highest-value transfer partner at about 1.5 to 2.3 cents per point, reachable only through Chase Ultimate Rewards. Airline partners such as ANA, Singapore Airlines, and Turkish Airlines follow at roughly 1.2 to 1.9 cents on premium-cabin awards. Hotel programs like Marriott and Hilton sit at the bottom, often under 1 cent per point.
How is cents-per-point (cpp) calculated?
Cents per point is the cash value of one point divided into the price it offsets. WanderWise sets a conservative low–high cpp range for each transfer partner based on typical real-world award prices versus cash fares, then applies the transfer ratio. Dollar value of a transfer equals partner points received multiplied by the cpp, divided by 100. These are independent editor estimates, not guarantees.
Are all point transfers 1:1?
Most are 1:1, but not all. Amex transfers to Hilton at 1:2 (double the points, each worth less) and to JetBlue at 1:0.8. Capital One and Citi transfer to Accor at 2:1, and Capital One transfers to JetBlue at roughly 5:3. Chase Sapphire Preferred now transfers to Hyatt at 4:3 for newer cardholders. Always confirm the exact ratio before transferring.
Which bank points transfer to Hyatt?
Only Chase Ultimate Rewards transfers to World of Hyatt. Amex, Capital One, and Citi do not. Because Hyatt is the highest-value transfer partner in the WanderWise Points Value Index, this is a major reason Chase Ultimate Rewards is prized for hotel redemptions.
Put these values to work
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