Reference
Points Devaluation Statistics 2026.
A living statistical portrait of how points and miles lose value. Every figure on this page is computed directly from the Bonus Eagle Devaluation Tracker and updates automatically as new changes are documented — no estimates, no manual edits. Cite any single number using its anchor link.
Last updated September 3, 2026
Documented changes, trailing 12 months#
80 devaluations vs. 3 improvements — a 27:1 ratio.
Improvements are counted here for context; they are not netted into the Points Inflation Index rate.
Events per year#
Average events per month#
8.6
so far in 2026
3.3
in 2025
By type#
An event can affect more than one type, so these may sum above the total.
By severity#
28
major
78
moderate
40
minor
Most active programs#
| 1 | American Express | 14 |
| 2 | United Airlines | 13 |
| 3 | Chase | 12 |
| 4 | Citi | 9 |
| 5 | American Airlines | 8 |
| 6 | Hilton | 7 |
| 7 | Alaska Airlines | 7 |
| 8 | Delta Air Lines | 6 |
| 9 | Emirates | 4 |
| 10 | Qantas | 4 |
Cite this data
Bonus Eagle. “Points Devaluation Statistics 2026.” bonuseagle.com. https://www.bonuseagle.com/devaluations/statistics
Explore the record
Frequently asked questions.
Where do these numbers come from?
Every statistic is computed live from the documented, dated, and sourced entries in our Devaluation Tracker. When we add an entry, these figures update on their own.
How is a devaluation event defined?
One documented, dated change that reduced the value of a points or miles currency — a transfer-ratio cut, award-price increase, fee increase, or benefit removal — each with at least one source.
Can I cite these figures?
Yes. Every stat has its own anchor link for direct citation, and the underlying data is downloadable as CSV. Attribution to bonuseagle.com is appreciated.