Airline currencies used on our cards
| Alaska / Atmos Rewards | 1.55¢ |
| United MileagePlus | 1.25¢ |
| Southwest Rapid Rewards | 1.25¢ |
| Delta SkyMiles | 1.20¢ |
External valuation benchmark
What are the points actually worth?
For welcome-bonus dollar estimates, LoungeLife uses The Points Guy’s published August 2026 valuations instead of inventing our own points value.
Important: these are TPG editorial estimates, not values guaranteed by the card issuers. Your actual redemption value can be higher or lower. LoungeLife uses them as a consistent comparison benchmark. View TPG’s August 2026 valuations →
TPG also discloses that founder Brian Kelly is a Bilt advisor and investor.
TPG also discloses that founder Brian Kelly is a Bilt advisor and investor.
Transferable card currencies
August 2026 TPG valuations
| Program | Value per point / mile |
|---|---|
| Bilt Rewards | 2.20¢ |
| Chase Ultimate Rewards | 2.05¢ |
| American Express Membership Rewards | 2.00¢ |
| Citi ThankYou Rewards | 1.90¢ |
| Capital One miles | 1.85¢ |
| Wells Fargo Rewards | 1.75¢ |
Hotel currencies used on our cards
| World of Hyatt | 1.60¢ |
| Marriott Bonvoy | 0.75¢ |
| IHG One Rewards | 0.55¢ |
| Hilton Honors | 0.40¢ |
How LoungeLife uses this
Example: 100,000 Chase points
TPG’s August 2026 valuation for Chase Ultimate Rewards is 2.05¢ per point. LoungeLife therefore shows a 100,000-point welcome bonus as an estimated $2,050 travel value.
We keep the actual bonus amount — 100,000 points — visible separately because that is the documented card offer. The dollar figure is explicitly labeled a TPG estimate.
Cash-like rewards are treated at 1.00¢ per point unless the program has a separate TPG valuation. For Chase Freedom-family points, the 2.05¢ TPG benchmark is most relevant when those points can be combined into a transferable Ultimate Rewards account; standalone redemption value may be lower.
Methodology source: TPG says its valuations estimate what travelers can reasonably expect from valuable general redemption uses and are not intended as a guaranteed minimum or maximum. Read TPG’s methodology →