How Much Are Credit Card Points and Miles Worth?

Not all points and miles carry the same value.

Not only are there dozens of airline, hotel and credit card rewards programs, but each one comes with its own rewards currency, transfer partners and other redemption quirks. Dreamstime/TNS

By Brendan Dyer Bankrate.com

Whether you’re new to travel rewards or have been scoring free trips for years, the world of points and miles can be confusing. Not only are there dozens of airline, hotel, and credit card rewards programs to sort through, but each one comes with its own rewards currency, transfer partners and other redemption quirks.