How to compare the true value of reward points CANNEX has come up with a simple way to check the value of points accrued. We call it the Point Currency but be aware that all rewards programs are different and the value of your points may change dramatically from one reward to the next.
The fact that all rewards points across the board don't add up to the same value not only makes it confusing but also sheds little light on the true value of the program to you. You can, however, work it out for yourself using our easy equation. In order to calculate the point currency required to redeem $1 worth of rewards simply divide the number of points required to redeem awards (eg.7,000) by the recommended retail price (RRP) of the reward ($50). In our example this gives you 140 points required to redeem $1 of rewards. Therefore, the lower the point currency, the better the value of the reward because you use less reward points per dollar of reward. 
CANNEX rewards star ratings compare all points-based Frequent Flyer and General Rewards programs. The two categories have then been divided into standard and premium, reflecting the difference in standard level cards versus gold or platinum cards. Instant rewards are detailed by CANNEX but not rated. This provides a useful resource from which to make a short list of products you are interested in. Latest Articles ... |
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