Membership Rewards

Travel value
1.7¢
Cash value
1.0¢

Published estimatesReviewed November 10, 2026 · next review December 3, 2026

Why 1.7¢

We value Membership Rewards at the middle of five publishers' estimates. Points transfer to many airline and hotel partners and are worth about 1¢ as a statement credit.

How we got there

Publisher estimates for Membership Rewards
PublisherValueDate
The Points Guy (opens in a new tab)2.0¢Nov 2, 2026
NerdWallet (opens in a new tab)1.3¢Oct 13, 2026
One Mile at a Time (opens in a new tab)1.7¢Sep 2, 2026
Upgraded Points (opens in a new tab)2.2¢Nov 4, 2026
Frequent Miler (opens in a new tab)1.5¢Oct 8, 2026
Median1.7¢

Recent program news

Cards that earn it

Value history

Value history for Membership Rewards, newest first
DateTravelCashReason
Nov 10, 20261.7¢1.0¢Set from the median of 5 publishers' estimates after the first monthly review.[1][2][3][4][5]
Before reviews began2.0¢1.0¢Value before reviews began

Cite this

PayWithThis values Membership Rewards at 1.7¢ per point (travel) and 1.0¢ (cash), as of November 10, 2026. https://paywiththis.com/point-values/membership-rewards

These values are our own estimates, not advice from any bank, airline or hotel program. Every ranking on PayWithThis uses them. See every currency or read our methodology.