Cardful

How much are American AAdvantage miles worth?

About 1.45¢ each — so a balance of 10,000 is worth roughly $145 when it is spent well.

That figure is the median of 5 published valuations, published 2026-09. It ranks number 9 of 16 currencies in the catalogue — all of them, side by side.

The short version

Why this number and not another

A mile has no fixed price. What it is worth depends on what it is spent on, and a valuation is an outlet's estimate of what a typical member gets when they redeem sensibly — not the best redemption anybody ever found, and not the worst. Outlets disagree, so Cardful takes the middle of their figures for every currency, so that a points card and a cash-back card can be ranked in the same unit; why the figures differ so much from one program to the next is its own page.

Each outlet's own figure, read 2026-09:

OutletPer mile
The Points Guy1.45¢
Upgraded Points1.40¢
NerdWallet1.70¢
Frequent Miler1.40¢
AwardWallet2.56¢

If you redeem differently — only for cash, say — your own figure is the one that matters, and the extension lets you set it. Every ranking it shows you is then priced on yours.

Cards that earn American AAdvantage miles

CardAnnual feeTop rateOn
Citi AAdvantage Platinum Select $99 2x Flights
Citi AAdvantage Executive $695 4x Flights

The best card for earning them, by kind of spending

We track The Points Guy, Upgraded Points, NerdWallet, Frequent Miler and AwardWallet when refreshing these figures. How every number on this site is worked out.

Your points, your value.

Cardful ranks every card you carry in dollars, using these figures or your own.

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