Rewards
How Much Are 50,000 or 100,000 Points Worth in Canada?
What 10,000, 25,000, 50,000 and 100,000 points are worth in dollars in Aeroplan, Amex Membership Rewards, Scene+, CIBC Aventura, Marriott Bonvoy, BMO Rewards and PC Optimum, using WalletReturn’s point values.
How much are my points worth in dollars?
Multiply the points by the value per point. The table applies WalletReturn’s point values, the conservative, repeatable redemption values behind every estimate on the site.
| Program | Value per point | 10,000 points | 25,000 points | 50,000 points | 100,000 points |
|---|---|---|---|---|---|
| TopAeroplan | 1 ¢ | $100 | $250 | $500 | $1,000 |
| Membership Rewards | 1 ¢ | $100 | $250 | $500 | $1,000 |
| Scene+ | 1 ¢ | $100 | $250 | $500 | $1,000 |
| Aventura (flexible travel) | 1 ¢ | $100 | $250 | $500 | $1,000 |
| Aventura (Payment with Points) | 0.625 ¢ | $63 | $156 | $313 | $625 |
| Marriott Bonvoy | 0.7 ¢ | $70 | $175 | $350 | $700 |
| BMO Rewards | 0.67 ¢ | $67 | $168 | $335 | $670 |
| PC Optimum | 0.1 ¢ | $10 | $25 | $50 | $100 |
Values assume a typical redemption for the program, usually travel. Premium-cabin flights or transfer partners can beat them; merchandise and gift cards usually fall short.
Put it into practiceWhat credit card points are worthHow much are 50,000 points worth?
About $500 in Aeroplan, Membership Rewards or Scene+ at roughly 1 cent a point. In BMO Rewards it is about $335, and in Marriott Bonvoy about $350.
A typical welcome bonus is in this range, which is why a 50,000-point offer on a travel card is often worth more than a $200 cash-back bonus, but not always.
How much are 100,000 points worth?
About $1,000 in the 1-cent travel programs, $670 in BMO Rewards and $100 in PC Optimum.
Large balances are worth redeeming before they lose value: programs can change their redemption charts, and points in a bank’s own program are usually lost if you close the card.
Why does CIBC Aventura have two values?
Because the same points are worth different amounts depending on how you use them: about 1 cent each through the Aventura travel chart and 0.625 cents when you pay for purchases with points.
The redemption method decides the value. Check the options your program offers before assuming a point is worth a cent.
How do I compare points with cash back?
Convert the points to dollars with the table, then compare. Earning 2 points per dollar at 1 cent a point equals 2% cash back; at 0.67 cent a point it equals about 1.3%.
WalletReturn’s card estimates already convert points to dollars with these values, so you can compare a points card and a cash-back card on one number.
Keep reading
RankingsHow Much Are Credit Card Points Worth in Canada?What 1,000, 10,000 and 100,000 points are worth for Aeroplan, Scene+, Membership Rewards, Aventura, BMO Rewards, PC Optimum and other Canadian programs, how to work out a redemption’s value yourself and how points compare with cash back.- RewardsHow to Redeem Credit Card Points in CanadaThe same points are worth different amounts depending on how you use them. In the programs we have reviewed, the recorded value ranges from 1 ¢ a point to 0.1 ¢ a point.
BankingHow Much Interest Does $100,000 Earn in Canada?What $100,000 earns in a year at Canadian savings accounts and GICs. The best ongoing savings rate we track pays about $2,800 a year; the big banks average about $533.
RewardsAIR MILES Is Now Blue Rewards: What Changed in CanadaAIR MILES has become Blue Rewards. What happened to your miles, what Blue Points are worth, how BMO’s cards earn now, and which partners changed.
Official sources and further reading
Terms vary by product. Confirm the provider’s current terms before acting. This guide does not predict approval, realized value or credit-score changes. How WalletReturn calculates value