Track Reward Redemption Value
When using reward program points and miles to pay for their travel, how do you know if you are getting great value out of your hard-earned reward currency?
Using our site’s built in CPM (cents per mile) formula, we will automatically calculate your actual redemption value on every reservation you complete.
How is it calculated?
To calculate the CPM, we divide the total cash value of the reward you redeemed, and divide it by the number of points you used.
CPM (cents per mile) =
Total Cash Value
Number of Points or Miles Redeemed
How to use this information
Is the point redemption value the best way to pick your travel plans in the future? No. Make sure that you are using your points on the accommodations and experiences that are important to you! Use this formula to verify you are getting a reasonable redemption rate and don’t sweat the small stuff!
Want to learn more?
Read more about this topic at from a view of our favorite travel blogs