Generally speaking, however, buying miles or hotel points is rarely a good idea. This is because the cost of buying points and miles is usually higher than the value of the points or miles themselves when redeemed for travel.
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The Pros of Transferring Hotel Points to Airline MilesOne of the most significant advantages of converting hotel points to airline miles is the expanded range of flight options it offers. Hotel loyalty programs often partner with multiple airlines, allowing you to redeem your converted miles across various carriers.
The bottom lineFrom a mathematical standpoint, it's often a toss-up whether you get a better value from booking travel with cash vs. points, but it's almost never the best value to book with a combo of cash + points. That said, there are a lot more factors to consider than just pure financial value.
It can be tempting to put big purchases on your credit card in the name of racking up rewards, and doing so often pays off — but only if you're able to pay off the balance in full and on time. Otherwise, the rewards you earn will likely be erased by interest, late fees or both.
Points Explorer FAQHow many Points do I need for a free night? Free nights can be redeemed for as few as 5,000 Points per night and no more than 95,000 Points per night for a Standard Room. Select properties with specialty accommodations may require up to 150,000 Points per night for a Standard Room.
Maximize the full potential of your IHG hotel points by selling them for cash with The Miles Market! Do you have a large amount of IHG points and no idea what to do with them? Rather than redeeming them for free nights or airline miles when you have no plans to travel anytime soon, consider selling them for cash.
Whether you have a load of Marriott Bonvoy points from credit cards, vacations or business travel, you might be curious how much these Bonvoy points are actually worth. Based on our analysis, the Marriott points value is about 0.8 cent each. This is a baseline value, drawn from real-world data, not a maximized value.
Marriott Bonvoy's 100,000-Point Welcome Offer Means Up to 13 Free Nights at a Hotel. The Marriott Bonvoy Boundless is a great card for those who want to turn day-to-day expenses like groceries and gas into free hotel stays. Condé Nast Traveler has partnered with CardRatings for our coverage of credit card products.
On paper, TPG values 1 million Hilton Honors points at $6,000, which is much lower than some other programs we've looked at in this series. However, as you're going to see, there are some tricks you can use to squeeze more value out of these points.
5,000 Hilton Honors points are worth an average of $31.5, according to WalletHub data. You will get the best value for your Hilton Honors points when you redeem them for Travel, but there are multiple redemption options.
Hilton Honors American Express Surpass® Card: Earn 130,000 Hilton Honors bonus points after you spend $2,000 in purchases on the card within your first three months of card membership. Per TPG's latest valuations, the 130,000 Hilton points are worth $780 in value toward award stays.
To qualify, you must complete 30 stays, stay 60 nights or earn 120,000 base points in a calendar year. However, primary cardholders of the Hilton Honors American Express Aspire Card (see rates and fees) enjoy complimentary Diamond status as a perk of their card.
For example, 140,000 IHG points are worth an estimated $700 in value. However, these points fluctuate in value depending on how you use them. If an IHG hotel requires more points than usual for a reward night, points will be worth less.
The estimated worth of IHG Points:10,000 IHG points are worth approximately $70. 25,000 IHG points are worth approximately $175. 50,000 IHG points are worth approximately $350. 80,000 IHG points are worth approximately $560.