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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
2025-03-01Hilton Honors
10%

Peak pricing expanded, top-tier resorts now regularly pricing at 150K+ points

dynamic pricing
2025-02-01United MileagePlus
10%

Dynamic pricing pushed domestic economy awards to 15K-20K in peak periods

dynamic pricing
2025-01-15Emirates Skywards
8%

Increased award rates 5-10% across most cabin classes and routes

award chart
2025-01-01Marriott Bonvoy
15%

Fully dynamic pricing rolled out; standard night caps removed on many properties

dynamic pricing
2024-09-01IHG One Rewards
15%

Dynamic pricing pushed premium properties from 70K to 85K+ points per night

dynamic pricing
2024-05-01JetBlue TrueBlue
10%

Award prices increased approximately 10% across most domestic routes

dynamic pricing
2024-04-30British Airways Avios
20%

Increased partner airline award costs on long-haul premium cabins by 15-25%

award chart
2024-02-01American AAdvantage
5%

Expanded Web Special awards with competitive pricing on select routes, partially offsetting chart increases

dynamic pricing
2024-01-15Turkish Miles & Smiles
5%

Added new transfer partners including Citi ThankYou and Capital One, increasing earn options

transfer ratio
2023-09-13Delta SkyMiles
15%

Announced Sky Club access restrictions tied to card spend; MQD requirements increased

earn rate
2023-06-01Turkish Miles & Smiles
12%

Increased Star Alliance partner award chart rates by 10-15% on most routes

award chart
2023-03-29Marriott Bonvoy
20%

Simplified award chart but raised top-tier properties; some resorts now 100K+ per night

dynamic pricing
2023-03-01World of Hyatt
15%

Introduced peak/off-peak pricing; peak rates at top properties up 30% from standard

dynamic pricing
2023-03-01Alaska Mileage Plan
20%

Transitioned to dynamic award pricing, removing published partner award chart

dynamic pricing
2022-10-01ANA Mileage Club
0%

Preserved round-trip sweet spots including 88K business class to North America while competitors devalued

award chart
2022-04-01Singapore KrisFlyer
15%

Reintroduced and increased fuel surcharges on award tickets across most routes

surcharge
2022-01-01Hilton Honors
25%

Category restructuring pushed top properties to 95K-150K points per night, up from 70K-95K

award chart
2020-06-22Bilt Rewards
0%

Bilt Rewards launched, allowing renters to earn transferable points on rent payments

earn rate
2020-01-01Delta SkyMiles
20%

Domestic economy awards rose from 10K to 12K+ miles in most markets

dynamic pricing
2019-11-15United MileagePlus
20%

Moved to fully dynamic award pricing, eliminating published saver award chart

dynamic pricing
2019-06-01Southwest Rapid Rewards
10%

Increased Wanna Get Away award redemption costs by approximately 10%

dynamic pricing
2018-08-18Marriott Bonvoy
40%

SPG/Marriott merger unified points at ~3:1 ratio, devaluing SPG points approximately 40%

transfer ratio
2016-11-01United MileagePlus
20%

Raised domestic economy saver from 12,500 to 15,000 miles; international business 70K to 80K

award chart
2016-03-22American AAdvantage
40%

Increased partner award costs 30-60% across most routes, especially premium cabins

award chart
2015-01-01Delta SkyMiles
30%

Removed award chart entirely, switched to fully dynamic pricing based on cash fare

dynamic pricing
2014-02-01United MileagePlus
25%

Removed partner award chart, moved to variable pricing for Star Alliance partners

award chart

Get alerts before the next devaluation

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.