Transfer partners: which points are actually worth it

A flexible point is only as good as where you can move it. Here is every transferable program on one scale, with our conservative baseline, our higher achievable estimate, the airline partners it reaches and the cards that earn it.

Want to see what these points unlock? See the award sweet spots they book.

Changed: Chase's Hyatt transfer ratio depends on the card (4:3 / 1:1). The terms and dates are on the Chase page.

Transferable points programs on one scale, in cents per pointFloor is our conservative baseline; the higher achievable estimate assumes a suitable redemption and is not a ceiling. Both are planning estimates. Valuations source date June 8, 2026; Chase floor and transfer terms source date September 7, 2026.

	Baseline to higher estimate (cents per point)
Amex Membership Rewards	Baseline 1.1¢, higher achievable estimate 2¢	1.1¢	2¢	10	6
Bilt Rewards	Baseline 1.1¢, higher achievable estimate 2¢	1.1¢	2¢	10	1
Chase Ultimate Rewards	Baseline 1¢, higher achievable estimate 2¢	1¢	2¢	9	3
Capital One miles	Baseline 1¢, higher achievable estimate 1.7¢	1¢	1.7¢	9	4
Citi ThankYou Points	Baseline 1¢, higher achievable estimate 1.8¢	1¢	1.8¢	8	4
Wells Fargo Rewards	Baseline 1¢, higher achievable estimate 1.5¢	1¢	1.5¢	6	2

Values are our conservative planning estimates. Actual redemption values can differ. See our methodology.