What are airline miles worth?
Most airline miles are worth about 1.2–1.6 cents each in redemption value (The Points Guy, October 2026). Below is what each program is worth, with a guide per program so you can plan your next award with confidence.
Value by program
United MileagePlusAbout 1.2¢ per mile · See value guide →American AAdvantageAbout 1.45¢ per mile · See value guide →Delta SkyMilesAbout 1.2¢ per mile · See value guide →Alaska Atmos RewardsAbout 1.55¢ per mile · See value guide →Air Canada AeroplanAbout 1.5¢ per mile · See value guide →Southwest Rapid RewardsAbout 1.25¢ per mile · See value guide →JetBlue TrueBlueAbout 1.35¢ per mile · See value guide →Avianca LifeMilesAbout 1.6¢ per mile · See value guide →Aeromexico Club PremierAbout 0.8¢ per mile · See value guide →LATAM PassSee value guide →British Airways AviosAbout 1.4¢ per mile · See value guide →Air France-KLM Flying BlueAbout 1.4¢ per mile · See value guide →Lufthansa Miles & MoreSee value guide →Virgin Atlantic Flying ClubAbout 1.5¢ per mile · See value guide →Iberia PlusAbout 1.4¢ per mile · See value guide →Turkish Miles&SmilesAbout 1.1¢ per mile · See value guide →Finnair PlusSee value guide →Aegean Miles+BonusSee value guide →Emirates SkywardsAbout 1.2¢ per mile · See value guide →Qatar Privilege Club AviosAbout 1.4¢ per mile · See value guide →Etihad GuestAbout 1.2¢ per mile · See value guide →Singapore KrisFlyerAbout 1.3¢ per mile · See value guide →Cathay Asia MilesAbout 1.3¢ per mile · See value guide →ANA Mileage ClubAbout 1.4¢ per mile · See value guide →Japan Airlines Mileage BankSee value guide →Korean Air SKYPASSSee value guide →Qantas Frequent FlyerAbout 1.25¢ per mile · See value guide →Air China PhoenixMilesSee value guide →Thai Royal Orchid PlusSee value guide →
Per-program values: The Points Guy monthly valuations, October 2026 (accessed ). Programs it doesn't list use the typical 1.2–1.6¢ range.