Fair Point Comparison

Last reviewed September 14, 2026

Pikt converts every card's points, miles, and cash back into a single dollar figure so different reward types can be compared fairly.

A 4× points card and a 3% cash-back card cannot be compared directly — points and dollars are different units. Pikt converts each reward type into a cash-equivalent value so they can be ranked head to head.

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.

If you have not set a rate, Pikt uses a published redemption value for that program so every card in the wallet is still compared in dollars. Estimated — issuers make final reward decisions.

Numbered example. An $80 dinner at 4× points, valued at 1.25 cents each, is 320 points, or $4.00. The same $80 at 2% cash back is $1.60. Pikt names the points card and shows about $2.40 more than the cash-back card.

The dollar figure is an estimate for ranking cards in your wallet. It is not a statement credit and not a guarantee. See the methodology page for the full steps.

Related terms

Reward Routing: Reward routing is naming, at the moment of purchase, the credit card in your wallet that earns the most on that store and category. You still pay with your own card.
Category Multiplier: A category multiplier is the rate at which a card earns rewards in a given spending category — e.g. 4× points on dining or 6% back at U.S. supermarkets.
Cash-Equivalent Value: Cash-equivalent value is the dollar amount a points or miles balance is worth at a chosen redemption rate, used to compare reward currencies against plain cash back.
Cents-Per-Point (CPP): 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.

All glossary terms