Pikt credit card rewards
Before you pay, Pikt.
Pikt estimates which card in your wallet is likely to earn the most. Issuers decide. You choose the card and pay as usual.
Pikt credit card rewards
Before you pay, Pikt.
Pikt estimates which card in your wallet is likely to earn the most. Issuers decide. You choose the card and pay as usual.
Glossary · Rewards
By the Pikt editorial teamLast updated
Cents-per-point (CPP) is the dollar value assigned to one point or mile — a redemption's cash value divided by the points it cost — and it's the standard way to compare points or miles against flat cash back.
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).
Transfer partners can change their award charts, and portals can change their prices, even if you make no changes to your account. A CPP figure reflects a redemption value at one time and is not guaranteed.
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 lets you compare those rewards in dollars.
See how Pikt turns points into dollars on the methodology page.