{"id":9661,"date":"2024-10-21T00:34:14","date_gmt":"2024-10-21T00:34:14","guid":{"rendered":"https:\/\/travelaffiliatewebsite.com\/mer\/why-transferable-points-and-miles-are-worth-more-than-other-rewards\/"},"modified":"2024-10-21T00:34:14","modified_gmt":"2024-10-21T00:34:14","slug":"why-transferable-points-and-miles-are-worth-more-than-other-rewards","status":"publish","type":"post","link":"https:\/\/travelaffiliatewebsite.com\/mer\/why-transferable-points-and-miles-are-worth-more-than-other-rewards\/","title":{"rendered":"Why transferable points and miles are worth more than other rewards"},"content":{"rendered":"<p><\/p>\n<div>\n<p>If you&#8217;re familiar with <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/monthly-valuations\/\" rel=\"noopener\" target=\"_blank\">TPG&#8217;s valuations<\/a>, you&#8217;ll notice transferable rewards currencies such as American Express Membership Rewards points and Chase Ultimate Rewards points consistently rank as some of the most valuable rewards.<\/p>\n<p>You can earn these rewards with some of the <a href=\"https:\/\/thepointsguy.com\/credit-cards\/travel\/\" rel=\"noopener\" target=\"_blank\">best travel credit cards<\/a>. But what makes these rewards particularly valuable is the ability to transfer them to various airline and hotel programs \u2014 hence why we refer to them as transferable rewards.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.625%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/06\/Traveller-Hotel-Woman_Giselleflissak.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">GISELLEFLISSAK\/GETTY IMAGES<\/figcaption><\/figure>\n<p>If you look at TPG&#8217;s valuations, you&#8217;ll notice you almost always &#8220;lose&#8221; value when transferring these rewards. For example, you can <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/transfer-ultimate-rewards-points-hyatt\/\" rel=\"noopener\" target=\"_blank\">transfer Chase Ultimate Rewards points to World of Hyatt<\/a> at a 1:1 ratio, but because our October 2024 valuations value Chase points at 2.05 cents each and Hyatt points at 1.7 cents each, you&#8217;d &#8220;lose&#8221; 0.35 cents per point with this transfer.<\/p>\n<p>You might wonder why we value transferable rewards more than airline miles and hotel points. In this story, I&#8217;ll discuss what makes <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/a-guide-to-earning-transferable-points\/\" rel=\"noopener\" target=\"_blank\">transferable points valuable<\/a> and why you should earn transferable points.<\/p>\n<p><a id=\"diversify-your-exposure\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Diversify your exposure<\/h2>\n<p>With so many devaluations, it&#8217;s no secret that <a href=\"https:\/\/thepointsguy.com\/guide\/points-and-miles-bad-investment\/\" rel=\"noopener\" target=\"_blank\">points and miles are a poor long-term investment<\/a>. That&#8217;s why we don&#8217;t recommend hoarding points and miles. But if you want to build a stash of rewards for an upcoming trip, one of the best ways to protect yourself against devaluations is by earning transferable rewards.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/01\/Man-using-credit-card-at-home-while-using-laptop_PixelsEffect.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">PIXELSEFFECT\/GETTY IMAGES<\/figcaption><\/figure>\n<p>If you have a chunk of your points and miles in a single loyalty program, you will lose significantly if a devaluation occurs. But with transferable rewards, you can transfer to the program with the most appealing award rates once you&#8217;re ready to book.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/credit-card-transfer-partners\/\" rel=\"noopener\" target=\"_blank\">Credit card transfer partners: Guide to transferring points and miles to airlines and hotels<\/a><\/strong><\/p>\n<p><a id=\"access-to-many-hotel-and-airline-programs\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Access to many hotel and airline programs<\/h2>\n<p>Transferable rewards also give you more flexibility than any single airline or hotel loyalty program.<\/p>\n<p>For instance, if you&#8217;ve been accruing <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/ultimate-guide-delta-skymiles\/\" rel=\"noopener\" target=\"_blank\">Delta SkyMiles<\/a> on the <span class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b\"><a href=\"https:\/\/thepointsguy.com\/apply-now\/delta-skymiles-gold-american-express-card\/?tid=post\" rel=\"noreferrer noopener\" target=\"_blank\" class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b applyLink inherit\">Delta SkyMiles\u00ae Gold American Express Card<\/a><\/span>, you&#8217;re limited to redeeming your miles within the SkyMiles program. If you need to fly from New York City to London on a specific date and the flight is 100,000 Delta miles, that&#8217;s your only redemption option.<\/p>\n<div class=\"&#10;        EmailSignUp_container__qYzYT&#10;        undefined&#10;        EmailSignUp_isLoading__i_qm0&#10;      \"><picture class=\"EmailSignUp_graphic__zgpFm\"><source media=\"screen and (max-width: 767px)\" srcset=\"\/images\/EmailSignUp\/daily-mob.svg\"\/><img decoding=\"async\" alt=\"\" src=\"https:\/\/thepointsguy.com\/images\/EmailSignUp\/daily-dt.svg\"\/><\/picture>\n<div class=\"EmailSignUp_form__C8FWb\">\n<p>Daily Newsletter<\/p>\n<p>Reward your inbox with the TPG Daily newsletter<\/p>\n<p>Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n<\/div>\n<\/div>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/05\/Delta-Boston-Tel-Aviv-Inaugural-075.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">ZACH GRIFF\/THE POINTS GUY<\/figcaption><\/figure>\n<p>On the other hand, if you&#8217;ve been earning Ultimate Rewards points with the <a href=\"https:\/\/thepointsguy.com\/apply-now\/chase-sapphire-preferred-card\/?pid=22125056&amp;tid=post\" rel=\"noopener\" target=\"_blank\">Chase Sapphire Preferred\u00ae Card<\/a>, you could transfer your points to various programs \u2014 including <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/ultimate-guide-flying-blue\/\" rel=\"noopener\" target=\"_blank\">Air France-KLM Flying Blue<\/a>, <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/ultimate-ba-avios-guide\/\" rel=\"noopener\" target=\"_blank\">British Airways Executive Club<\/a> and <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/great-value-virgin-atlantic-flying-club\/\" rel=\"noopener\" target=\"_blank\">Virgin Atlantic Flying Club<\/a> \u2014 if you find a better award option. Likewise, if you found a one-way flight for $450, you could redeem 36,000 Chase points to book this flight through the <a href=\"https:\/\/thepointsguy.com\/credit-cards\/ultimate-rewards-travel-portal\/\" rel=\"noopener\" target=\"_blank\">Chase Travel\u2120 portal<\/a>.<\/p>\n<p>TPG&#8217;s valuations give transferable rewards higher valuations than the currencies of the airline and hotel programs you could transfer to since transferable points allow for more flexibility.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/best-ways-us-to-europe-using-miles\/\" rel=\"noopener\" target=\"_blank\">The best ways to travel to Europe using points and miles<\/a><\/strong><\/p>\n<p><a id=\"transfer-bonuses\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Transfer bonuses<\/h2>\n<p>The major credit card rewards currencies routinely offer <a href=\"https:\/\/thepointsguy.com\/credit-cards\/current-transfer-bonuses\/\" rel=\"noopener\" target=\"_blank\">transfer bonuses<\/a>. You can transfer your rewards at a better ratio with a transfer bonus. Normally, these range between 15% and 40%.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2023\/01\/Couple-watching-streaming-service-on-laptop-on-living-room-couch-at-home_Morsa-Images-.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">MORSA IMAGES\/GETTY IMAGES<\/figcaption><\/figure>\n<p>Depending on what&#8217;s available when you&#8217;re ready to book, a favorable transfer bonus may boost the value you can get from your transferable rewards. You might even get enough points or miles for premium economy seats if you transfer the rewards you&#8217;d typically need for economy seats during a transfer bonus.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/loyalty-programs\/complete-history-credit-card-transfer-bonuses\/\" rel=\"noopener\" target=\"_blank\">A complete list of transfer bonuses over the past decade \u2014 which issuer is the most generous?<\/a><\/strong><\/p>\n<p><a id=\"transferable-points-and-miles\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Transferable points and miles<\/h2>\n<p>Now you know why transferable rewards are more valuable than airline miles and hotel points. Here&#8217;s some information to consider about each of the major transferable rewards programs.<\/p>\n<h3>American Express Membership Rewards<\/h3>\n<p><strong>Top cards to consider<\/strong>:<\/p>\n<h3>Capital One miles<\/h3>\n<p><strong>Top cards to consider<\/strong>:<\/p>\n<h3>Chase Ultimate Rewards<\/h3>\n<p><strong>Top cards to consider<\/strong>:<\/p>\n<h3>Citi ThankYou Rewards<\/h3>\n<p><strong>Top card to consider<\/strong>:<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/credit-cards\/limited-time-card-offers\/\" rel=\"noopener\" target=\"_blank\">The best credit card welcome bonuses this month<\/a><\/strong><\/p>\n<p><a id=\"bottom-line\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Bottom line<\/h2>\n<p>With transferable credit card rewards, you can convert your hard-earned rewards into points and miles with various hotel and airline loyalty programs. By doing so, you can avoid losing value when one hotel or airline program devalues its rewards. Plus, you can explore a vast network of partners and choose the one that offers the most value and benefits for each redemption instead of being limited to a single airline or hotel program.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re familiar with TPG&#8217;s valuations, you&#8217;ll notice transferable rewards currencies such as American Express Membership Rewards points and Chase Ultimate Rewards points consistently rank as some of the most valuable rewards. You can earn these rewards with some of the best travel credit cards. But what makes these rewards particularly valuable is the ability 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