I'm trying to figure out how to convert points into dollars. Is there a specific formula or rate that I should use for this conversion? I need to know the exact method to calculate the dollar value of my points.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    AndrewMiller
    Tue Dec 03 2024
   
  
    For instance, consider a flight that costs $139 in cash.
  
  
 
            
            
  
    
    CryptoMagician
    Tue Dec 03 2024
   
  
    Determining the value of rewards earned from flights or hotel stays is crucial.
  
  
 
            
            
  
    
    BlockchainEmpiress
    Tue Dec 03 2024
   
  
    If the same flight can be redeemed using 21,500 points, the value per point can be calculated.
  
  
 
            
            
  
    
    amelia_martinez_engineer
    Tue Dec 03 2024
   
  
    By dividing $139 by 21,500 points, we find that each point is approximately worth 0.6 cents.
  
  
 
            
            
  
    
    BusanBeautyBloomingStarShine
    Tue Dec 03 2024
   
  
    To calculate this, one should divide the cash cost of a booking by its cost in points or miles.