How we value points and miles
To compare points cards against cash-back cards, we convert every reward currency to an estimated cash value (CAD cents per point). These are mid-market estimates, not issuer-guaranteed values, and we update them regularly from the cited sources.
| Currency | Est. value | Note |
|---|---|---|
| Aeroplan points | 2.1¢ | Sweet-spot redemptions on Air Canada/Star Alliance; mid-market consensus ~1.9-2.2c. source |
| Avion points | 2¢ | RBC Avion travel redemptions; ~1.0c for merchandise/gift cards. source |
| TD Rewards Points | 0.5¢ | Best value via Expedia For TD at 0.5c; lower elsewhere. source |
| Scene+ | 1¢ | Flat 1c at grocery (Sobeys/FreshCo) and travel; reliable baseline. source |
| WestJet points | 1¢ | ~1c off WestJet flights/vacations; no cash-out. source |
| More Rewards points | 1¢ | ~1c on partner grocery/redemptions. source |
| Moi points | 0.8¢ | Metro/Jean Coutu grocery discounts; ~0.8c. source |
| Avios | 1.8¢ | British Airways Avios; value varies widely by route. source |
| Membership Rewards points | 2¢ | Amex MR via airline transfer partners; ~1c for statement credit. source |