Cents-Per-Point (CPP)

A point is not a fixed amount of money. The same balance can be worth very different amounts depending on how it's redeemed: a fixed-value travel portal, a cash-out option, or a transfer to an airline or hotel partner each price the same points differently.

CPP is calculated by dividing a redemption's cash value by the number of points it required, then expressing the result in cents. A $750 flight booked for 50,000 points is 1.5 cents per point ($750 ÷ 50,000 × 100).

Redemption values move on their own — a transfer partner's chart or a portal's pricing can change independent of anything a member does — so a CPP figure is a snapshot, not a guarantee.

Set your own cents-per-point value for each reward program. Pikt uses your rate, not an industry average, when it recommends which card to use.

Numbered example. A $150 purchase at 4x points, valued at 1.5 cents per point, earns 600 points worth $9.00. The same $150 at a flat 2% cash-back rate earns $3.00. CPP is what makes those two numbers comparable in the first place.

See how Pikt turns points into dollars on the methodology page.