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, Citi, and Bilt.
Last updated: July 2026 · 38 transfer partners across 5 programs
As of July 2026, this index values every transfer partner across all five major flexible currencies — Chase, Amex, Capital One, Citi, and Bilt (38 partners in total). The highest-value partners are World of Hyatt (~1.5–2.3¢, via Chase or Bilt) and premium-cabin airline programs like ANA (1.3–1.9¢), Singapore Airlines, Turkish Airlines, and Air Canada (all ~1.2–1.9¢). Hotel chains like Hilton and Marriott sit near the bottom on raw per-point value, though a 1:2 Amex→Hilton transfer offsets some of that — which is why we rank by effective value (cents-per-point × transfer ratio), the true value of each point you move. Two 2026 standouts most charts miss: Bilt is the only flexible currency that transfers to Alaska/Atmos, and Citi is the only one with direct American AAdvantage (added July 2026). Most transfers are 1:1, but exceptions matter: Amex→Hilton 1:2, Amex/Citi→Emirates 1:0.8, Cap One→JetBlue ~5:3, Accor 2:1, and Chase→Hyatt now 4:3 for newer Sapphire Preferred cardholders. Rule of thumb: flexible points are worth ~1–2¢ each, so 100,000 points is roughly $1,000–$2,000 in travel — but only transferred to the right partner for a specific award. These are conservative WanderWise editor estimates, not guarantees; verify at booking.
Every transfer partner ranked by value
Sorted by effective value — cents-per-point × transfer ratio, highest first. “Programs” shows which bank currencies reach each partner.
| Partner | Programs that reach it | Transfer ratio | WanderWise value (cpp) | Best use |
|---|---|---|---|---|
| Leaders Club | Amex, Citi | varies | 6.5–8¢ | Leading Hotels of the World; added Jul 2026 as Amex’s 20th partner. 4:1 looks brutal but LHW points are worth ~7-8c, so it nets ~1.6-2.0c per MR point — one of the best Amex hotel routes. Dynamic pricing, awards from 4,000 points. |
| ANA | Amex | 1:1 | 1.3–1.9¢ | Star Alliance round-trip sweet spot (US–Japan/Europe); no one-ways, ~7-day transfer. |
| Singapore Airlines | Chase, Amex, Cap One, Citi | 1:1 | 1.1–1.8¢ | KrisFlyer; premium-cabin Singapore metal (Suites/business) not bookable elsewhere. |
| Hyatt | Chase, Bilt | varies | 1.4–2¢ | Best-value UR partner. Sapphire Preferred transfers 4:3 (new since Jun 15 2026; existing Oct 1 2026); Sapphire Reserve stays 1:1. Hyatt May-2026 five-level chart raised most nights 20-37% — value now date-dependent. |
| Qatar Airways | Amex, Cap One, Citi, Bilt | 1:1 | 1.1–1.8¢ | Qsuite business class; Avios currency pools with BA/Iberia/Aer Lingus. |
| Turkish Airlines | Cap One, Citi, Bilt | 1:1 | 1.1–1.8¢ | Miles&Smiles — top Star Alliance sweet spots (US domestic on United, Hawaii); clunky to book. |
| I Prefer | Cap One, Citi, Bilt | 1:2 | 0.5–0.9¢ | Added Sep 2025; ~0.8c fixed, 1:2 makes it ~1.6c per mile; luxury independent hotels. |
| Aeromexico | Amex, Cap One | varies | 0.7–1.2¢ | Rare favorable 1:1.6 ratio; SkyTeam awards, decent MX/US domestic value. |
| Air Canada | Chase, Amex, Cap One, Bilt | 1:1 | 1.1–1.7¢ | Aeroplan — Star Alliance sweet spots + generous stopover; broad partner award chart. |
| Virgin Atlantic | Chase, Amex, Citi, Bilt | 1:1 | 1–1.7¢ | Flying Club; strong partner sweet spots (ANA, Delta One); surcharges on VS metal. |
| Iberia | Chase, Amex, Bilt | 1:1 | 1–1.6¢ | Avios; cheap off-peak US–Madrid nonstop; low surcharges vs BA. |
| American Airlines | Citi | 1:1 | 1.3–1.6¢ | NEW Jul 27 2026 — Citi is the ONLY bank with direct AAdvantage transfer. Web specials + oneworld awards. |
| Alaska/Atmos | Bilt | 1:1 | 1.2–1.6¢ | EXCLUSIVE to Bilt among flexible currencies. Distance-based chart, free stopovers; premium partner awards 5-8cpp. |
| Air France/KLM | Chase, Amex, Cap One, Citi, Bilt | 1:1 | 1–1.55¢ | Flying Blue; monthly Promo Rewards; frequent Chase transfer bonuses. |
| United | Chase, Bilt | 1:1 | 1–1.5¢ | Domestic saver from ~8k one-way; strong Star Alliance long-haul; no fuel surcharges. |
| Southwest | Chase, Bilt | 1:1 | 1.1–1.5¢ | Fixed revenue-based value; every seat bookable; pairs with the Companion Pass. |
| Aer Lingus | Chase, Amex, Bilt | 1:1 | 1–1.5¢ | Avios; decent transatlantic to Ireland; pools with BA/Iberia Avios. |
| British Airways | Chase, Amex, Cap One, Bilt | 1:1 | 1–1.5¢ | Avios; short nonstop hops from ~4k; watch high surcharges on BA long-haul metal. |
| EVA Air | Cap One, Citi | varies | 1–1.5¢ | Star Alliance business to Asia; poor 0.75 ratio, but transfer bonuses periodically offset it. |
| JetBlue | Chase, Amex, Cap One, Citi | varies | 1–1.4¢ | Revenue-based, no surcharges; best on higher cash fares. Weakest UR airline for outsized value. |
| Cathay Pacific | Amex, Cap One, Citi, Bilt | varies | 1–1.5¢ | oneworld premium cabins to Asia; UNFAVORABLE 5:4 ratio (you lose 20%). |
| Delta | Amex | 1:1 | 1–1.4¢ | SkyMiles — dynamic pricing, no chart; best on flash deals / Delta One. |
| Qantas | Amex, Cap One, Citi | 1:1 | 1–1.4¢ | oneworld awards to Australia/Asia; carrier surcharges vary. |
| Etihad | Cap One, Citi, Bilt | 1:1 | 1–1.4¢ | Niche partner awards; devalued program — check the chart before transferring. |
| Finnair | Cap One | 1:1 | 1–1.4¢ | oneworld awards to/via Helsinki; occasional sweet spots. |
| Japan Airlines | Cap One, Bilt | varies | 1.2–1.5¢ | Added Sep 2025; excellent JAL business US↔Japan; 0.75 ratio hurts but often still worth it. |
| Virgin Red | Cap One | 1:1 | 1–1.4¢ | UK Virgin Red; can move onward to Virgin Atlantic Flying Club for ANA/Delta awards. |
| Choice | Amex, Cap One, Citi | varies | 0.5–0.9¢ | High nominal rates but cheap cash hotels; occasional Preferred/international sweet spots. |
| Accor | Cap One, Citi, Bilt | varies | 1–2.2¢ | ALL points ~2c fixed, but 2:1 transfer halves it → ~1c per mile. Weak. |
| Avianca | Amex, Cap One, Citi, Bilt | 1:1 | 1–1.3¢ | LifeMiles — no fuel surcharges on Star Alliance, but repriced up ~45% Apr 2026 (US–Europe biz ~80–92k one-way, semi-dynamic); verify price before transferring. |
| TAP Air Portugal | Cap One, Bilt | 1:1 | 0.9–1.3¢ | Star Alliance to Europe via Lisbon; program has reliability/devaluation risk. |
| Thai Airways | Citi | 1:1 | 1–1.3¢ | Star Alliance intra-Asia/long-haul; slow (~4-day) transfer — verify active first. |
| Emirates | Amex, Cap One, Citi, Bilt | varies | 1–1.4¢ | DEVALUED to 5:4 in 2026 (lose 20%); Skywards also raised premium-cabin awards ~15% May 20 2026; First/Business on Emirates metal, high surcharges. |
| Hilton | Amex, Bilt | varies | 0.4–0.6¢ | 1:2 ratio offsets low point value; best at premium Hiltons + 5th night free. |
| Wyndham | Chase, Cap One, Citi, Bilt | 1:1 | 0.7–1.1¢ | New Feb-2026 partner; strong on Vacasa vacation rentals. Fixed award chart — as of Sep 15 2026 it is four tiers: 5k/15k/30k/45k per bedroom per night (was 7.5k/15k/30k), so the cheapest properties got 33% cheaper and the top ones 50% dearer. |
| Spirit | Bilt | 1:1 | 0.8–1.1¢ | Bilt's first value carrier (added Dec 2025); cheap domestic saver seats. |
| Marriott | Chase, Amex, Bilt | 1:1 | 0.6–0.9¢ | Bonvoy; usually a poor UR transfer — worth more in Chase. Only for a specific redemption. |
| IHG | Chase, Bilt | 1:1 | 0.5–0.7¢ | One Rewards; low base value; only transfer for a known cash-vs-points win. |
Chase Ultimate Rewards
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Hyatt | 4:3 | 1.5–2¢ | Best-value UR partner. Sapphire Preferred transfers 4:3 (new since Jun 15 2026; existing Oct 1 2026); Sapphire Reserve stays 1:1. Hyatt May-2026 five-level chart raised most nights 20-37% — value now date-dependent. |
| Air Canada | 1:1 | 1.1–1.6¢ | Aeroplan — Star Alliance sweet spots + generous stopover; broad partner award chart. |
| Singapore Airlines | 1:1 | 1.1–1.6¢ | KrisFlyer; premium-cabin Singapore metal (Suites/business) not bookable elsewhere. |
| United | 1:1 | 1–1.5¢ | Domestic saver from ~8k one-way; strong Star Alliance long-haul; no fuel surcharges. |
| British Airways | 1:1 | 1–1.5¢ | Avios; short nonstop hops from ~4k; watch high surcharges on BA long-haul metal. |
| Iberia | 1:1 | 1–1.5¢ | Avios; cheap off-peak US–Madrid nonstop; low surcharges vs BA. |
| Air France/KLM | 1:1 | 1–1.5¢ | Flying Blue; monthly Promo Rewards; frequent Chase transfer bonuses. |
| Virgin Atlantic | 1:1 | 1–1.5¢ | Flying Club; strong partner sweet spots (ANA, Delta One); surcharges on VS metal. |
| Southwest | 1:1 | 1.1–1.4¢ | Fixed revenue-based value; every seat bookable; pairs with the Companion Pass. |
| JetBlue | 1:1 | 1.1–1.4¢ | Revenue-based, no surcharges; best on higher cash fares. Weakest UR airline for outsized value. |
| Aer Lingus | 1:1 | 1–1.4¢ | Avios; decent transatlantic to Ireland; pools with BA/Iberia Avios. |
| Wyndham | 1:1 | 0.7–1.1¢ | New Feb-2026 partner; strong on Vacasa vacation rentals. Fixed award chart — as of Sep 15 2026 it is four tiers: 5k/15k/30k/45k per bedroom per night (was 7.5k/15k/30k), so the cheapest properties got 33% cheaper and the top ones 50% dearer. |
| Marriott | 1:1 | 0.6–0.9¢ | Bonvoy; usually a poor UR transfer — worth more in Chase. Only for a specific redemption. |
| IHG | 1:1 | 0.5–0.7¢ | One Rewards; low base value; only transfer for a known cash-vs-points win. |
Cards that earn Chase Ultimate Rewards: Chase Sapphire Preferred · Chase Sapphire Reserve · Chase Freedom Unlimited. Ratios verified 2026-07-30.
Amex Membership Rewards
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Leaders Club | 1:0.25 | 6.5–8¢ | Leading Hotels of the World; added Jul 2026 as Amex’s 20th partner. 4:1 looks brutal but LHW points are worth ~7-8c, so it nets ~1.6-2.0c per MR point — one of the best Amex hotel routes. Dynamic pricing, awards from 4,000 points. |
| ANA | 1:1 | 1.3–1.9¢ | Star Alliance round-trip sweet spot (US–Japan/Europe); no one-ways, ~7-day transfer. |
| Air Canada | 1:1 | 1.3–1.7¢ | Aeroplan — Star Alliance workhorse; no fuel surcharges on most; strong partner chart. |
| Singapore Airlines | 1:1 | 1.2–1.7¢ | Only reliable path to Singapore Suites/business; ~1-2 day transfer. |
| Virgin Atlantic | 1:1 | 1.1–1.7¢ | ANA/Delta One partner sweet spots; frequent Amex bonuses. |
| Iberia | 1:1 | 1.1–1.6¢ | Off-peak US–Madrid sweet spot; Avios pools w/ BA/Aer Lingus/Qatar. |
| Qatar Airways | 1:1 | 1.1–1.6¢ | Qsuite business class; Avios currency pools with BA/Iberia/Aer Lingus. |
| Aer Lingus | 1:1 | 1–1.5¢ | Avios pool w/ BA/Iberia/Qatar; transatlantic short-haul off-peak sweet spots. |
| Air France/KLM | 1:1 | 1.1–1.5¢ | Flying Blue monthly Promo Rewards; frequent Amex transfer bonuses. |
| British Airways | 1:1 | 1–1.5¢ | Avios; short nonstop hops on AA/oneworld; watch surcharges on BA metal. |
| Cathay Pacific | 1:0.8 | 1.1–1.5¢ | oneworld premium cabins to Asia; UNFAVORABLE 5:4 ratio (you lose 20%). |
| Delta | 1:1 | 1–1.4¢ | SkyMiles — dynamic pricing, no chart; best on flash deals / Delta One. |
| Emirates | 1:0.8 | 1–1.4¢ | DEVALUED to 5:4 in 2026 (lose 20%); Skywards also raised premium-cabin awards ~15% May 20 2026; First/Business on Emirates metal, high surcharges. |
| JetBlue | 1:0.8 | 1–1.4¢ | TrueBlue — revenue-based; weak 1:0.8 ratio makes it a last resort. |
| Qantas | 1:1 | 1–1.4¢ | oneworld awards to Australia/Asia; carrier surcharges vary. |
| Avianca | 1:1 | 1–1.3¢ | LifeMiles — no fuel surcharges on Star Alliance, but repriced up ~45% Apr 2026 (US–Europe biz ~80–92k one-way, semi-dynamic); verify price before transferring. |
| Aeromexico | 1:1.6 | 0.7–1.1¢ | Rare favorable 1:1.6 ratio; SkyTeam awards, decent MX/US domestic value. |
| Marriott | 1:1 | 0.6–0.9¢ | Bonvoy; broad footprint, 5th-night-free on 5-night awards; modest per-point value. |
| Choice | 1:1 | 0.5–0.9¢ | High nominal rates but cheap cash hotels; occasional Preferred/international sweet spots. |
| Hilton | 1:2 | 0.4–0.6¢ | 1:2 ratio offsets low point value; best at premium Hiltons + 5th night free. |
Cards that earn Amex Membership Rewards: American Express Gold Card · Amex Platinum Card. Ratios verified 2026-07-30.
Capital One Miles
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Turkish Airlines | 1:1 | 1.2–1.8¢ | Miles&Smiles — top Star Alliance sweet spots (US domestic on United, Hawaii); clunky to book. |
| Air Canada | 1:1 | 1.1–1.6¢ | Aeroplan — Star Alliance sweet spots + stopover; best all-around Cap One airline. |
| Air France/KLM | 1:1 | 1.1–1.5¢ | Flying Blue Promo Rewards + frequent transfer bonuses. |
| British Airways | 1:1 | 1.1–1.5¢ | Short-haul distance awards (AA/Alaska); high surcharges on BA metal. |
| Japan Airlines | 4:3 | 1.2–1.5¢ | Added Sep 2025; excellent JAL business US↔Japan; 0.75 ratio hurts but often still worth it. |
| Qatar Airways | 1:1 | 1.1–1.5¢ | Added Sep 2025; Qsuite business; Avios currency. |
| Singapore Airlines | 1:1 | 1.1–1.5¢ | Only way to book Singapore Suites/business saver. |
| Cathay Pacific | 1:1 | 1–1.4¢ | Asia Miles — oneworld premium-cabin awards to Asia. |
| Etihad | 1:1 | 1–1.4¢ | Niche partner awards; devalued program — check the chart before transferring. |
| EVA Air | 4:3 | 1–1.4¢ | Star Alliance business to Asia; poor 0.75 ratio, but transfer bonuses periodically offset it. |
| Finnair | 1:1 | 1–1.4¢ | oneworld awards to/via Helsinki; occasional sweet spots. |
| JetBlue | 5:3 | 1.2–1.4¢ | Terrible 0.6 ratio (5:3); avoid except in a rare targeted bonus. |
| Qantas | 1:1 | 1–1.4¢ | oneworld awards Australia/Pacific; ~1-day transfer. |
| Virgin Red | 1:1 | 1–1.4¢ | UK Virgin Red; can move onward to Virgin Atlantic Flying Club for ANA/Delta awards. |
| Accor | 2:1 | 1–1.4¢ | ALL points ~2c fixed, but 2:1 transfer halves it → ~1c per mile. Weak. |
| Avianca | 1:1 | 1–1.3¢ | LifeMiles — no fuel surcharges, but repriced up ~45% Apr 2026 (semi-dynamic); compare vs Aeroplan before transferring. |
| Emirates | 4:3 | 1–1.3¢ | Poor 0.75 ratio (1000:750) + surcharges, and Skywards raised premium-cabin awards ~15% May 20 2026; only for confirmed First-class aspirational awards. |
| TAP Air Portugal | 1:1 | 0.9–1.3¢ | Star Alliance to Europe via Lisbon; program has reliability/devaluation risk. |
| Aeromexico | 1:1 | 0.9–1.2¢ | Weak program; SkyTeam metal but poor value — rarely worth transferring. |
| Wyndham | 1:1 | 0.7–1¢ | Best use = Vacasa vacation rentals (15k/bedroom/night); no resort fees on awards. Chart moved to four tiers on Sep 15 2026 — 5k/15k/30k/45k — with the new 45k tier for top properties. |
| Choice | 1:1 | 0.6–0.9¢ | Low per-point value but cheap award nights (Comfort/Cambria) can beat cash; instant. |
| I Prefer | 1:2 | 0.7–0.9¢ | Added Sep 2025; ~0.8c fixed, 1:2 makes it ~1.6c per mile; luxury independent hotels. |
Cards that earn Capital One Miles: Capital One Venture X · Capital One Venture Rewards. Ratios verified 2026-07-30.
Citi ThankYou Points
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Leaders Club | 1:0.2 | 6.5–8¢ | Leading Hotels of the World; a Citi partner since Oct 2023. 5:1 is worse than Amex’s 4:1, but LHW points at ~7-8c still net ~1.3-1.6c per TY point — better than Citi’s Accor or I Prefer routes. |
| Accor | 2:1 | 1.8–2.2¢ | ALL points ~2.2c fixed; 2:1 ratio still nets ~1.0-1.1c per TY point. |
| Qatar Airways | 1:1 | 1.3–1.8¢ | Qsuite business; only direct Avios-earning partner — gateway to BA/Iberia/Aer Lingus. |
| Singapore Airlines | 1:1 | 1.2–1.8¢ | Singapore Suites/business, only bookable with KrisFlyer. |
| Turkish Airlines | 1:1 | 1.2–1.8¢ | Star Alliance sweet spots (US–Europe, domestic United); availability-dependent. |
| American Airlines | 1:1 | 1.3–1.6¢ | NEW Jul 27 2026 — Citi is the ONLY bank with direct AAdvantage transfer. Web specials + oneworld awards. |
| Virgin Atlantic | 1:1 | 1.2–1.6¢ | ANA/Delta/Air France partner awards; frequent transfer bonuses. |
| Air France/KLM | 1:1 | 1.1–1.5¢ | Flying Blue Promo Rewards + monthly bonuses; strong US–Europe sweet spots. |
| EVA Air | 1:1 | 1.1–1.5¢ | EVA business to Asia; ~2-day transfer. A Frequent Miler favorite. |
| Cathay Pacific | 1:1 | 1.1–1.4¢ | Cathay business to Asia; distance-based oneworld chart. |
| JetBlue | 1:1 | 1.1–1.4¢ | Improved to 1:1 on premium cards; Mint premium cabin can spike value. |
| Qantas | 1:1 | 1.1–1.4¢ | oneworld to Australia; classic-reward availability is the constraint. |
| Avianca | 1:1 | 1–1.3¢ | LifeMiles — no fuel surcharges, but repriced up ~45% Apr 2026 (semi-dynamic); compare vs Aeroplan before transferring. |
| Emirates | 1:0.8 | 1–1.3¢ | 0.8 ratio (5:4) + high surcharges, plus the ~15% May 2026 Skywards premium-cabin increase; use sparingly. |
| Etihad | 1:1 | 1–1.3¢ | Still a Citi partner (Amex dropped Etihad); distance-based partner chart. |
| Thai Airways | 1:1 | 1–1.3¢ | Star Alliance intra-Asia/long-haul; slow (~4-day) transfer — verify active first. |
| Wyndham | 1:1 | 0.7–1¢ | Fixed award tiers, four of them since Sep 15 2026: 5k/15k/30k/45k (the old 7.5k floor fell to 5k, and a 45k top tier was added). Still a published chart, not dynamic. Vacasa vacation rentals can spike value. |
| Choice | 1:1.5 | 0.6–0.9¢ | Devalued Apr 2026 (1:2 → 1:1.5); cheap awards + the 1.5x multiplier partly offset low value. |
| I Prefer | 1:2 | 0.5–0.8¢ | The 1:2 multiplier makes it usable (~1.0-1.5c/TY); luxury independent hotels. |
Cards that earn Citi ThankYou Points: Citi Strata Premier. Ratios verified 2026-07-30.
Bilt Rewards
| Partner | Ratio | Value (cpp) | Best use |
|---|---|---|---|
| Accor | 3:2 | 1.8–2¢ | Best Accor transfer ratio anywhere (3:2); ALL points ~2 euro cents each, fixed value. |
| Hyatt | 1:1 | 1.4–1.8¢ | Best hotel-point value; Cat 6-8 aspirational resorts 3-6cpp (note May 2026 chart move to 8 tiers). |
| Alaska/Atmos | 1:1 | 1.2–1.6¢ | EXCLUSIVE to Bilt among flexible currencies. Distance-based chart, free stopovers; premium partner awards 5-8cpp. |
| Air France/KLM | 1:1 | 1.3–1.55¢ | US–Europe business from ~60k (Promo Rewards ~45k); N. Africa priced as Europe. |
| Air Canada | 1:1 | 1.4–1.5¢ | Aeroplan — aspirational Star premium (ANA business, Lufthansa First); free stopover. |
| Southwest | 1:1 | 1.2–1.5¢ | Fixed ~1.3-1.5cpp domestic; no surcharges/fees; added ~Apr 2025. |
| Virgin Atlantic | 1:1 | 1.4–1.5¢ | ANA business Hawaii–Tokyo 35k; Delta One US–Europe 50k (avoids Virgin surcharges). |
| Aer Lingus | 1:1 | 1.1–1.4¢ | US East Coast–Dublin off-peak from ~13k Avios; low surcharges + US pre-clearance. |
| British Airways | 1:1 | 1.1–1.4¢ | Short-haul off-peak Avios (BA/Iberia/Aer Lingus) from ~4,750 one-way. |
| Iberia | 1:1 | 1.25–1.4¢ | US East Coast–Madrid business off-peak ~40.5k each way, very low surcharges. |
| Japan Airlines | 1:1 | 1.2–1.4¢ | JAL business to Tokyo on the distance-based partner chart; added Oct 2025. |
| Qatar Airways | 1:1 | 1.1–1.4¢ | Qsuite business via Avios; added ~May 2025. |
| United | 1:1 | 1.2–1.35¢ | Excursionist Perk free segment; wide Star Alliance access. Confirmed current Bilt partner. |
| Avianca | 1:1 | 1–1.3¢ | LifeMiles — Star partners w/ no fuel surcharges, but repriced up ~45% Apr 2026 (US–Europe biz ~80–92k one-way); verify price first. |
| Cathay Pacific | 1:1 | 1.1–1.3¢ | Cathay's own metal (no surcharges) + oneworld awards. |
| Etihad | 1:1 | 1.1–1.3¢ | Etihad first/business + partner awards; watch dynamic pricing. |
| TAP Air Portugal | 1:1 | 1–1.3¢ | US–Lisbon business; free stopover in Portugal; occasional promo pricing. |
| Turkish Airlines | 1:1 | 1.1–1.3¢ | Star Alliance fixed chart: US–Europe business ~45k; Hawaii on United. |
| Emirates | 1:1 | 1.1–1.2¢ | Effectively Bilt-exclusive among majors; Emirates premium metal to Europe/Mideast (Skywards raised premium-cabin awards ~15% May 20 2026). |
| Spirit | 1:1 | 0.8–1.1¢ | Bilt's first value carrier (added Dec 2025); cheap domestic saver seats. |
| Wyndham | 1:1 | 0.9–1.1¢ | Fixed-tier award nights, now 5k/15k/30k/45k since Sep 15 2026 (was 7.5k/15k/30k); Vacasa vacation rentals; added ~Mar 2026. |
| I Prefer | 1:2 | 0.5–0.9¢ | Newest partner (Jun 2026); 1:2 nets ~1-1.8cpp; luxury independent hotels. |
| Marriott | 1:1 | 0.7–0.8¢ | Bonvoy; 5th-night-free on standard-room award stays; best at peak luxury. |
| IHG | 1:1 | 0.5–0.6¢ | 4th-night-free with the IHG card on 4+ night point stays; target Kimpton/luxury. |
| Hilton | 1:1 | 0.5–0.6¢ | Honors; 5th-night-free on award stays; value in high-cash-rate/resort properties. |
Cards that earn Bilt Rewards: Bilt Mastercard. Ratios verified 2026-07-30.
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 through Chase Ultimate Rewards and Bilt 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 near the bottom on raw per-point value, though a 1:2 Amex-to-Hilton transfer partly offsets that. We rank partners by effective value per point transferred (cpp times the transfer ratio).
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?
Chase Ultimate Rewards and Bilt Rewards both transfer to World of Hyatt at 1:1 (Chase Sapphire Preferred moved to 4:3 for newer cardholders in 2026; Sapphire Reserve stays 1:1). Amex, Capital One, and Citi do not transfer to Hyatt. Because Hyatt is the highest-value transfer partner in the WanderWise Points Value Index, this is a major reason Chase and Bilt points are prized for hotel redemptions.
Put these values to work
Which partner should you transfer to?
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