The Points Standard

Program guides · Index marked Oct 1, 2026

What every program’s points are worth.

One guide per loyalty currency we track: the Standard value, the easy floor, the redemptions to chase and avoid, and a calculator for your balance. All numbers come from The Points Standard Index, refreshed monthly.

13 currencies

Ranked by what a point is worth

The Standard value is what we defend as a realistic redemption. The easy floor is what you can get without planning.

1.90¢Standard value

Aeroplan Points Value

Canada's deepest flight currency: partner-award sweet spots, the dynamic-pricing trap, and a calculator for your balance.

Easy floor 1.00¢ · read the guide
1.90¢Standard value

Amex Membership Rewards Value

The transfer currency: why the 1:1 Aeroplan transfer sets the ceiling and a statement-credit floor sets the safety net.

Easy floor 1.00¢ · read the guide
1.60¢Standard value

RBC Avion Points Value

A chart currency: when the Air Travel Redemption Schedule beats 1¢, and when to pay cash instead.

Easy floor 1.00¢ · read the guide
1.60¢Standard value

British Airways Avios Value

The specialist's currency: short-haul partner awards near 3¢, surcharge traps everywhere else.

Easy floor 0.80¢ · read the guide
1.50¢Standard value

Asia Miles Points Value

Cathay Pacific's transferable currency: business-class oneworld sweet spots near 3¢, a surcharge trap on the wrong carriers, and why we mark it at 1.5¢ after two years of chart hikes.

Easy floor 0.70¢ · read the guide
1.25¢Standard value

CIBC Aventura Points Value

A chart currency with a safety net: how the Flight Rewards chart adds upside over the 1¢ travel floor.

Easy floor 1.00¢ · read the guide
1.00¢Standard value

Scene+ Points Value

The simplest major currency: a flat 1¢ everywhere it matters, and why that changes which card you pick.

Easy floor 1.00¢ · read the guide
1.00¢Standard value

WestJet Points Value

The most literal currency in Canada: a fixed 1¢ per point on WestJet fares, and since 2025, points can cover the taxes too.

Easy floor 1.00¢ · read the guide
1.00¢Standard value

National Bank Rewards Points Value

Worth 1¢ booked through the À la carte travel portal, but barely 0.4¢ as a statement credit. The redemption you choose is the whole game.

Easy floor 0.40¢ · read the guide
0.90¢Standard value

Marriott Bonvoy Points Value

A hotel chart currency: why the headline 1.8¢ figure for flagship properties isn't what typical redemptions actually pay.

Easy floor 0.70¢ · read the guide
0.67¢Standard value

BMO Rewards Points Value

The honest math on big headline bonuses: a fixed 150 points = $1 on travel, and no transfer upside.

Easy floor 0.67¢ · read the guide
0.50¢Standard value

TD Rewards Points Value

The portal currency behind TD's six-figure bonuses: a fixed 200 points = $1 via Expedia for TD, and why the headline numbers shrink in dollars.

Easy floor 0.50¢ · read the guide
0.10¢Standard value

PC Optimum Points Value

Canada's biggest loyalty currency, and its most literal: a fixed 0.1¢ per point (10,000 = $10) at Loblaw banners and Shoppers: no chart, no transfer, no surprises.

Easy floor 0.10¢ · read the guide

Choosing between programs? Aeroplan vs Air Miles · RBC Avion vs Aeroplan · CIBC Aventura vs Aeroplan

Go further

Across programs, not just within one

Three ways to widen the view once you know what a single currency is worth.

Every ratio we track

Transfer partners

Which programs move points to which airlines and hotels, at what ratio, and where a transfer gains or loses you value.

One balance, every currency

Points value calculator

Convert a single balance across every program on the Index at once, which helps when deciding which points to earn or transfer.

The full table

The Points Standard Index

Every currency we mark, with its floor, ceiling, six-month trend, and the reasoning behind each mark.

For deeper analysis, visit the editorial library, or explore all free tools.