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How Much Are Points Worth? (Quarter 3 2024)

How Much Are Points Worth? (Quarter 3 2024)

We’re now in Quarter 3 of 2024, and it’s once again time to revisit our Points Valuations, which we update on a quarterly basis.

Air France KLM Flying Blue continues its rollout of new airline partners, this time with the addition of Oman Air. The Muscat-based carrier offers an excellent business class and First Class product, and the new partnership gives us a new way to redeem miles for it.

In a very welcome development, AIR MILES recently made it possible to convert Dream Miles into Cash Miles, and vice versa. This is another positive development for the program, which has been receiving plenty of love from BMO since its purchase in Spring 2023.

Finnair Plus became the latest oneworld airline loyalty program to adopt Avios as its currency in March 2024, and then in May 2024, it became possible to transfer Finnair Avios to British Airways Avios at a 1:1 ratio. Booking transatlantic flights via Helsinki can be an attractive option, and the addition further bolsters Avios as a currency.

As part of the ongoing shakeup in the hotel loyalty world, Hilton Honors officially rolled out its exclusive partnership with Small Luxury Hotels of the World (SLH) this quarter. While the rollout is gradual, hopefully it means more excellent ways to redeem Hilton Honors points and Free Night Rewards going forward.

Before we delve into the valuations, a friendly reminder that the focus of these valuations lies in the target redemption value of each points currency, rather than the acquisition cost that you might incur (which can vary significantly depending on how you prefer to earn points).

Air France KLM Flying Blue

In June 2024, Air France KLM Flying Blue added Oman Air as its latest redemption partner, opening up access to a great business class and First Class product.

If you have a trip planned to or through the Middle East, be sure to consider Flying Blue for your redemption, since the award pricing is competitive with other programs (namely Aeroplan). The only catch is that there are moderate amounts of taxes and fees, which vary depending on the class of service.

What’s also interesting about this is that Flying Blue has been consistently adding new partners over the past year or so, which makes Flying Blue miles all the more intriguing. 

It’ll be interesting to see what Flying Blue has in store next, as it continues to add value to its program at a time when many other loyalty…

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