Hawaiian Airlines World Elite MastercardFirst off, you can earn a welcome bonus of 70,000 bonus miles (worth $700 in travel) after spending $2,000 within the first 90 days.
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70,000 Ultimate Rewards points are worth an average of $707, according to WalletHub data. You get the best value when redeeming Ultimate Rewards points for travel booked through Chase, though there are a few other redemption options to choose from.
75,000 Capital One miles are worth roughly $525 in redemptions for flights, hotels, cruises, car rentals, and tours. You can also redeem Capital One miles for a statement credit, a check or gift cards, among other options.
To see how much value you can get out of your rewards on an individual flight or hotel stay, divide the cost of a booking in cash by its cost in points or miles. For example, a flight that costs $139 or 21,500 points will offer about 0.6 cents per point in value ($139 / 21,500 points = ~$0.006).