Break-even calculator

Is moving points to a partner worth more than your simplest fixed-value option? Enter what the award costs and what the same thing costs in cash. Ratios and live bonuses come from the tracker.

TransferRatio and bonus from the tracker, checked Oct 25, 2026

Award cost

Marriott Bonvoy points

Cash price

USD

Fees on the award

USD

Fallback value per point0.70¢

Fixed values are what the program pays without a transfer. Published valuations are opinions; each chip shows its source and date.

Points needed: 29,630
Value per point: 0.95¢

Points needed40,000 ÷ 1.35: 29,630
Value per point($280.00 − $0.00) ÷ 29,630: 0.945¢
Same points at the fallback29,630 × 0.70¢: $207.41
Transfer is worth more by: $72.59

Assumptions

Most programs move points in 1,000-point steps, so round up to the next allowed amount before transferring. The calculation ignores points you'd earn on a cash booking. Valuations and fallback values are opinions; set your own.

Break-even for every live bonus

Valuations

Break-even value per partner unit for every live bonus
Transfer	Bonus	Break-even · TPG	TPG partner value	Break-even · FM RRV	FM RRV partner value	Verdict
Amex MR → Aeromexico Rewards	+20%	1.04¢	0.80¢	0.78¢	none	Below TPG (only value published)
Citi ThankYou → Qatar Airways Privilege Club	+35%	1.41¢	1.40¢	1.11¢	none	Below TPG (only value published)
Amex MR → Air France-KLM Flying Blue	+25%	1.60¢	1.40¢	1.20¢	1.30¢	Depends whose value you use
Capital One → British Airways Club	+20%	1.54¢	1.40¢	1.21¢	1.10¢	Below both
Citi ThankYou → Cathay Pacific	+10%	1.73¢	1.30¢	1.36¢	1.10¢	Below both
Capital One → Virgin Red	+30%	1.42¢	none	1.12¢	none	No published value
Amex MR → Marriott Bonvoy	+35%	1.48¢	0.75¢	1.11¢	0.73¢	Below both

Break-even = source point value ÷ partner units per point (bonus included). Valuations: TPG Oct 1, 2026 · FM RRV Oct 8, 2026Valuations