How Much Are Frequent Flyer Miles Worth? 2026 Expert Guide

Frequent flyer miles are not a savings account. They are a private currency airlines control, reprice, and devalue whenever it suits them. That is the first rule most mileage guides miss. They publish tidy point valuations, rank programs, and talk about “free flights” as if miles have a stable cash equivalent. They do not. A mile is only worth what it gets you on a specific route, on a...