Points aren't dollars, so to show what they're worth we multiply them by a value in . Cash back is always worth its face value, so this only matters for points cards.
Where our value comes from
By default, we use the loyalty program's redemption table: the redemption your card uses, which starts as the one we recommend for that card. You'll see the value as a small pill beside a points figure, for example "1.9¢/pt · ours".
If the program has several ways to redeem, you can pick the one you actually use. Open the card on Rewards, go to Settings, and choose under How you redeem.
Points balance
In an example program
50,000 points
Value per point
Shown as "1.9¢/pt · ours"
1.9¢
Points times value
50,000 × 1.9¢
95,000¢
What the points are worth
100¢ make a dollar
$950
Example values only. A card's own page and your Rewards page show the value your program really uses.
Set your own value
Our value is only a starting point. If you redeem for premium flights, or only ever take statement credits, set the value that matches how you really use your points.
Open the point value
On Rewards, tap the cents-per-point pill beside a card's points figure. You'll also find it in a card's Settings under Your points, on a purchase's Rewards page, and in Points under What a point is worth.
Type your value in cents
For example, 1.5 means one point is worth 1.5¢. You can set any value up to 25¢ a point.
Save it
Choose Save. Purchase values, totals, dashboards and the comparison that use those points are all revalued.
To go back to our value, choose Use ours beside your value.
Values for every program
Go to Rewards, choose All cards, then Points (with only one card, Points is one of that card's sections). Under What a point is worth you'll see Programs you earn, with each program's value and the cards that earn it. Choose Set my own (or Change) on any of them. Our redemptions appear as quick picks, and you can add a note on why, like the trip you're saving for.
Below that, you can also set values for programs you don't earn yet. Compare cards uses them when it ranks cards that earn those points.
Use what your redemptions really got you
When you record a redemption and add what it got you, the program shows what your points were really worth, for example "Your 3 redemptions got 2.3¢ a point". If that differs from the value in use, a button lets you value your points at that figure in one tap.
Valuing points as cash in the comparison
On Compare cards, Options has a Value points as cash only switch. It values every card's points at cash-like redemptions, such as statement credits, instead of travel. Your own values aren't used while it's on.