What is Points?
Credit Card Glossary · Updated April 2026
A rewards currency earned on credit card purchases. Points can typically be redeemed for travel, merchandise, gift cards, or statement credits. The value of a point varies by program — Chase Ultimate Rewards and Amex Membership Rewards points are generally valued at 1.5-2 cents each when transferred to airline/hotel partners.
Frequently asked questions
What is Points?⌄
A rewards currency earned on credit card purchases.
What does Points mean on a credit card?⌄
A rewards currency earned on credit card purchases. Points can typically be redeemed for travel, merchandise, gift cards, or statement credits. The value of a point varies by program — Chase Ultimate Rewards and Amex Membership Rewards points are generally valued at 1.5-2 cents each when transferred to airline/hotel partners.
What terms are related to Points?⌄
Closely related concepts include Transfer Partners, Redemption Value, CPP (Cents Per Point). Each of these helps clarify different aspects of the same topic.
Where does Points apply?⌄
Points is a rewards concept. It typically appears in the context of earning and redeeming rewards.
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