Currencies
What does this currency become?
A transferable point is not really a point. It is an option on a few dozen airline and hotel currencies, and every publisher that values Amex, Chase, Citi, Capital One or Bilt points is pricing that option rather than a fixed thing.
Which means a transfer is a trade: you give up the option and receive something specific. On the published figures that trade usually costs you value, and the ratio on the marketing page tells you nothing about whether it does — a 1:2 ratio can be considerably worse than 1:1. These tools price the trade, and show the ratio it would have to hit to leave you level.
What your bank points become after transferring to an airline or hotel — plus the ratio the transfer would have to hit to break even, which no transfer-partner page publishes.
Open tool →Portal vs Transfer CalculatorBook through your card's travel portal at a fixed rate, or transfer to an airline or hotel partner? The crossover fare where the two paths tie — a figure independent of the transfer ratio, and one neither publishes.
Open tool →Welcome Offer Value CalculatorWhat a sign-up bonus is worth in its first year, net of the annual fee and of the rewards you give up on the required spend — and the price per point you are actually paying.
Open tool →Buy Points CalculatorWhat a “buy miles, 100% bonus” promotion really costs per point once the 7.5% federal excise tax is added — and the bonus it would have to run before the points cost what they are worth.
Open tool →