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Loyalty Program Devaluation Index
Latest prices: October 2026Checked Oct 16 – Oct 21, 2026Site updated Oct 21, 2026Next update: November 2026
Programs / American AAdvantage

American AAdvantage

American AAdvantage is an airline program based in the Americas. In October 2026 (prices checked October 16–21), one American AAdvantage mile bought a median of 1.65¢ of travel across 6 priced searches on the same 3 flights checked every month; on the 6 searches priced in both September and October, its value fell 4.3%. One mile bought 1.99¢ in September and 1.48¢ in August.

What 50,000 miles bought$826 in October$995 in September · $742 in August
Change since September−4.3%on the 6 searches priced in both months, each compared with itself
Change since August+13.7%each month’s same-search change, chained over 3 months
Checks with a price18 of 18every search returned a price
Table 1. About American AAdvantage · as of Aug 13, 2026
Publishes an award chart?NoSee the source
Did prices in miles change?Yes, on 3 of 3 itemsacross 18 mile prices seen
Need an account to see prices?NoAward prices are visible to anyone
Partner programs to redeem with24See the source
Credit card points that transfer in1 card programCiti ThankYou 1:1
Published valuationsTPG 1.45¢ · NerdWallet 1.70¢How these compare

Item by item

What one mile bought on each flight, every month. Each item is checked twice: about 60 days before travel and about 180 days before.

Booked ~60 days aheadBooked ~180 days ahead× no price that month
Chart 1. Dallas → Mexico City
DFW–MEX · Economy
0.77¢1.78¢4.12¢AugSepOct
Chart 2. Dallas → Shanghai
DFW–PVG · Economy
0.77¢1.78¢4.12¢AugSepOct
Chart 3. Dallas → Shanghai
DFW–PVG · Business
0.77¢1.78¢4.12¢AugSepOct

All 3 charts share one scale, so their heights compare directly.

Chart 4. Every check compared with published valuations · 18 checks
Each checkMiddle checkTPGNerdWalletCents per point.
0.8¢1¢1.5¢2¢3¢

Grey dots are individual checks. The white tick is the middle value. TPG and NerdWallet each publish one number per program; this index shows the whole range.

Every check, with its screenshot

Each row is one search. Click a thumbnail to open the screenshot it came from: “a” is the points search, “c” the cash search.

  • Dallas → Mexico City · Economy1.16¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    17,500 points + $61.84 · cash $264.00
    “one stop was available for 9,500 miles”
  • Dallas → Mexico City · Economy2.13¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    9,500 points + $61.84 · cash $264.00
  • Dallas → Shanghai · Business1.19¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    450,000 points + $5.60 · cash $5,382.00
  • Dallas → Shanghai · Business1.80¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    270,500 points + $5.60 · cash $4,874.00
  • Dallas → Shanghai · Economy1.77¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    46,500 points + $5.60 · cash $830.00
  • Dallas → Shanghai · Economy1.08¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    76,500 points + $5.60 · cash $830.00
  • Dallas → Mexico City · Economy1.06¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    19,000 points + $63.08 · cash $265.00
  • Dallas → Mexico City · Economy2.13¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    9,500 points + $63.08 · cash $265.00
  • Dallas → Shanghai · Business1.23¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    450,000 points + $5.60 · cash $5,532.00
  • Dallas → Shanghai · Business1.86¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    270,500 points + $5.60 · cash $5,024.00
  • Dallas → Shanghai · Economy2.36¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    35,000 points + $5.60 · cash $830.00
  • Dallas → Shanghai · Economy2.36¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    35,000 points + $5.60 · cash $830.00
  • Dallas → Mexico City · Economy0.90¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    56,500 points + $62.85 · cash $574.00
  • Dallas → Mexico City · Economy2.34¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    9,500 points + $62.85 · cash $285.00
  • Dallas → Shanghai · Business3.58¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    450,000 points + $5.60 · cash $16,134.00
  • Dallas → Shanghai · Business1.44¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    375,000 points + $5.60 · cash $5,424.00
  • Dallas → Shanghai · Economy1.07¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    137,500 points + $5.60 · cash $1,481.00
  • Dallas → Shanghai · Economy1.86¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    47,000 points + $5.60 · cash $880.00
MonthItemBookedPointsPlus cashCash priceOne pointScreenshotsNotes
Aug (R1)
checked Aug 17
Dallas → Mexico City · Economy~60 days
Oct 14 · 58d
17,500$61.84$264.001.16¢
one stop was available for 9,500 miles
Aug (R1)
checked Aug 17
Dallas → Mexico City · Economy~180 days
Feb 10 · 177d
9,500$61.84$264.002.13¢
Aug (R1)
checked Aug 17
Dallas → Shanghai · Business~60 days
Oct 14 · 58d
450,000$5.60$5,382.001.19¢
Aug (R1)
checked Aug 17
Dallas → Shanghai · Business~180 days
Feb 10 · 177d
270,500$5.60$4,874.001.80¢
Aug (R1)
checked Aug 17
Dallas → Shanghai · Economy~60 days
Oct 14 · 58d
46,500$5.60$830.001.77¢
Aug (R1)
checked Aug 17
Dallas → Shanghai · Economy~180 days
Feb 10 · 177d
76,500$5.60$830.001.08¢
Sep (R2)
checked Sep 8
Dallas → Mexico City · Economy~60 days
Nov 4 · 57d
19,000$63.08$265.001.06¢
Sep (R2)
checked Sep 8
Dallas → Mexico City · Economy~180 days
Mar 3 · 176d
9,500$63.08$265.002.13¢
Sep (R2)
checked Sep 8
Dallas → Shanghai · Business~60 days
Nov 4 · 57d
450,000$5.60$5,532.001.23¢
Sep (R2)
checked Sep 8
Dallas → Shanghai · Business~180 days
Mar 3 · 176d
270,500$5.60$5,024.001.86¢
Sep (R2)
checked Sep 8
Dallas → Shanghai · Economy~60 days
Nov 4 · 57d
35,000$5.60$830.002.36¢
Sep (R2)
checked Sep 8
Dallas → Shanghai · Economy~180 days
Mar 3 · 176d
35,000$5.60$830.002.36¢
Oct (R3)
checked Oct 19
Dallas → Mexico City · Economy~60 days
Dec 16 · 58d
56,500$62.85$574.000.90¢
Oct (R3)
checked Oct 19
Dallas → Mexico City · Economy~180 days
Apr 14 · 177d
9,500$62.85$285.002.34¢
Oct (R3)
checked Oct 19
Dallas → Shanghai · Business~60 days
Dec 16 · 58d
450,000$5.60$16,134.003.58¢
Oct (R3)
checked Oct 19
Dallas → Shanghai · Business~180 days
Apr 14 · 177d
375,000$5.60$5,424.001.44¢
Oct (R3)
checked Oct 19
Dallas → Shanghai · Economy~60 days
Dec 16 · 58d
137,500$5.60$1,481.001.07¢
Oct (R3)
checked Oct 19
Dallas → Shanghai · Economy~180 days
Apr 14 · 177d
47,000$5.60$880.001.86¢