Curious how a lot your Alternative Privileges factors are literally value?
The brief reply: After a deep-dive evaluation, NerdWallet values Alternative factors at 1 cent every. It is a baseline worth, drawn from real-world information, not a maximized worth. In different phrases, you need to intention for award redemptions that provide 1 cent or extra in worth out of your Alternative factors.
What does this worth imply?
We decided that Alternative factors are value 1 cent every by evaluating a number of real-world redemptions when paying with money or factors.
Contemplate this the baseline worth for making your reward redemptions. When you’re getting greater than 1 cent per level in worth, you discovered a very good deal on factors. When you’re getting much less, contemplate in search of one other redemption choice (or simply paying money as an alternative of utilizing factors).
Remember that that is solely an estimate, and never a hard-and-fast money worth.
How does it examine to different lodge factors?
Alternative lodge factors are the third Most worthy lodge factors after World of Hyatt and Wyndham Rewards. It nonetheless beats another massive packages, similar to Marriott, Hilton and IHG.
|
Resort program |
Worth per level |
|---|---|
|
Greatest Western Rewards. |
|
|
IHG Rewards. |
|
|
Hilton Honors. |
|
|
2.three cents. |
|
|
Marriott Bonvoy. |
|
|
Radisson Rewards. |
|
|
Wyndham Rewards. |
1.2 cents. |
How a lot does it value to e book a room with Alternative factors?
Alternative makes use of dynamic pricing to set the redemption charges for an award night time. Nights begin at simply 8,000 factors and will go as excessive as 100,000 factors for all-inclusive resorts. You may additionally be capable to use a mix of money and factors in case you have no less than 6,000 factors.
Decide the worth of your Alternative factors
Use the calculator beneath to determine how a lot your trove of miles (actual or hypothetical) is value, primarily based on this worth.
Or likewise, use the calculator to guage the worth of factors required to e book a room. Then, examine that to the marketed money value to determine whether or not it’s higher to e book your room on money versus factors.
How a lot are 10,000 Alternative factors value?
10,000 Alternative factors are value $100.
How a lot are 25,000 Alternative factors value?
25,000 Alternative factors are value $250.
How a lot are 50,000 Alternative factors value?
50,000 Alternative factors are value $500.
How a lot are 80,000 Alternative factors value?
80,000 Alternative factors are value $800.
How a lot are 100,000 Alternative factors value?
100,000 Alternative factors are value $100.
