MileIntelFree Tool · Tracker
Points Devaluation Tracker — Historical Award Chart Changes & CPP Trends
Airlines and hotels quietly reduce the value of your points over time. Track historical award chart changes, see which programs are devaluing fastest, and make smarter decisions about where to earn and when to burn.
Loyalty Program Devaluation Tracker
Avg CPP change, 2015 → 2025
−39%
United MileagePlus: 1.8¢ to 1.1¢ per point
2014-02-01 · Removed partner award chart, moved to variable pricing for Star Alliance partners
Complete Devaluation History
Showing 26 of 26 changes, newest first.
| Date | Program | Change | Category | Impact |
|---|---|---|---|---|
| 2025-03-01 | Hilton Honors | Peak pricing expanded, top-tier resorts now regularly pricing at 150K+ points | dynamic pricing | ▼ 10% |
| 2025-02-01 | United MileagePlus | Dynamic pricing pushed domestic economy awards to 15K-20K in peak periods | dynamic pricing | ▼ 10% |
| 2025-01-15 | Emirates Skywards | Increased award rates 5-10% across most cabin classes and routes | award chart | ▼ 8% |
| 2025-01-01 | Marriott Bonvoy | Fully dynamic pricing rolled out; standard night caps removed on many properties | dynamic pricing | ▼ 15% |
| 2024-09-01 | IHG One Rewards | Dynamic pricing pushed premium properties from 70K to 85K+ points per night | dynamic pricing | ▼ 15% |
| 2024-05-01 | JetBlue TrueBlue | Award prices increased approximately 10% across most domestic routes | dynamic pricing | ▼ 10% |
| 2024-04-30 | British Airways Avios | Increased partner airline award costs on long-haul premium cabins by 15-25% | award chart | ▼ 20% |
| 2024-02-01 | American AAdvantage | Expanded Web Special awards with competitive pricing on select routes, partially offsetting chart increases | dynamic pricing | ▲ 5% |
| 2024-01-15 | Turkish Miles & Smiles | Added new transfer partners including Citi ThankYou and Capital One, increasing earn options | transfer ratio | ▲ 5% |
| 2023-09-13 | Delta SkyMiles | Announced Sky Club access restrictions tied to card spend; MQD requirements increased | earn rate | ▼ 15% |
| 2023-06-01 | Turkish Miles & Smiles | Increased Star Alliance partner award chart rates by 10-15% on most routes | award chart | ▼ 12% |
| 2023-03-29 | Marriott Bonvoy | Simplified award chart but raised top-tier properties; some resorts now 100K+ per night | dynamic pricing | ▼ 20% |
| 2023-03-01 | World of Hyatt | Introduced peak/off-peak pricing; peak rates at top properties up 30% from standard | dynamic pricing | ▼ 15% |
| 2023-03-01 | Alaska Mileage Plan | Transitioned to dynamic award pricing, removing published partner award chart | dynamic pricing | ▼ 20% |
| 2022-10-01 | ANA Mileage Club | Preserved round-trip sweet spots including 88K business class to North America while competitors devalued | award chart | 0% |
| 2022-04-01 | Singapore KrisFlyer | Reintroduced and increased fuel surcharges on award tickets across most routes | surcharge | ▼ 15% |
| 2022-01-01 | Hilton Honors | Category restructuring pushed top properties to 95K-150K points per night, up from 70K-95K | award chart | ▼ 25% |
| 2020-06-22 | Bilt Rewards | Bilt Rewards launched, allowing renters to earn transferable points on rent payments | earn rate | 0% |
| 2020-01-01 | Delta SkyMiles | Domestic economy awards rose from 10K to 12K+ miles in most markets | dynamic pricing | ▼ 20% |
| 2019-11-15 | United MileagePlus | Moved to fully dynamic award pricing, eliminating published saver award chart | dynamic pricing | ▼ 20% |
| 2019-06-01 | Southwest Rapid Rewards | Increased Wanna Get Away award redemption costs by approximately 10% | dynamic pricing | ▼ 10% |
| 2018-08-18 | Marriott Bonvoy | SPG/Marriott merger unified points at ~3:1 ratio, devaluing SPG points approximately 40% | transfer ratio | ▼ 40% |
| 2016-11-01 | United MileagePlus | Raised domestic economy saver from 12,500 to 15,000 miles; international business 70K to 80K | award chart | ▼ 20% |
| 2016-03-22 | American AAdvantage | Increased partner award costs 30-60% across most routes, especially premium cabins | award chart | ▼ 40% |
| 2015-01-01 | Delta SkyMiles | Removed award chart entirely, switched to fully dynamic pricing based on cash fare | dynamic pricing | ▼ 30% |
| 2014-02-01 | United MileagePlus | Removed partner award chart, moved to variable pricing for Star Alliance partners | award chart | ▼ 25% |
How it works
How to Track Points Devaluation
Use our tracker to monitor how loyalty program values change over time.
Select a loyalty program
Choose an airline or hotel program to see its devaluation history.
View historical changes
See a timeline of award chart changes and the percentage impact on point values.
Compare programs
Compare devaluation rates across multiple programs to see which currencies are most stable.
Set alerts
Get notified when a program you track announces award chart changes.
Measuring impact
For example, if a flight goes from 25,000 to 35,000 miles, your miles are worth 29% less for that route.
FAQ
Frequently Asked Questions
What is points devaluation?
Points devaluation occurs when an airline or hotel increases the number of points required for an award, effectively reducing the value of each point. For example, if a flight goes from 25,000 to 35,000 miles, your miles are worth 29% less for that route.
Which airline programs devalue the most?
Programs that use dynamic pricing like Delta SkyMiles and United MileagePlus tend to see gradual, ongoing devaluations. Programs with fixed award charts like ANA Mileage Club and Turkish Miles&Smiles devalue less frequently but in larger jumps when they do change.
How can I protect my points from devaluation?
The best protection is to earn and burn points promptly rather than hoarding large balances. Transferable points currencies like Chase Ultimate Rewards and Amex Membership Rewards offer some protection because you can redirect to whichever partner currently offers the best value.
How often do airline award charts change?
It varies by program. Some airlines make small adjustments annually, while others go years between changes. Dynamic pricing programs like Delta adjust continuously. Our tracker monitors all major programs and alerts you to changes as they happen.
Are hotel points devaluing faster than airline miles?
Generally yes. Major hotel programs like Marriott Bonvoy and Hilton Honors have seen significant devaluations in recent years through category changes and dynamic pricing shifts. Hyatt has been more conservative with devaluations, making it a more stable points currency.
Get alerts before the next devaluation
Get notified when a program you track announces award chart changes.