I want to know how to convert reward points into cash. Is there a specific formula or method to calculate this? I need step-by-step instructions on how to do this conversion.
            
            
            
            
            
            
           
          
            6 answers
            
            
  
    
    Silvia
    Fri Dec 06 2024
   
  
    Determining the value of rewards earned from flights or hotel stays requires a simple calculation.
  
  
 
            
            
  
    
    EnchantedSky
    Fri Dec 06 2024
   
  
    To start, take the cash cost of the booking and divide it by the number of points or miles used for the same booking.
  
  
 
            
            
  
    
    Moonshadow
    Fri Dec 06 2024
   
  
    This will give you the value per point or mile for that particular booking.
  
  
 
            
            
  
    
    Martino
    Fri Dec 06 2024
   
  
    For instance, consider a flight that costs $139 when paid in cash.
  
  
 
            
            
  
    
    Valentino
    Thu Dec 05 2024
   
  
    The same flight can also be booked using 21,500 points.