What value should I use per mile?

Use a value that matches the redemption you are checking. Miles can be worth different amounts depending on airline, route, cabin, fees, and availability.

Is this the same as cashback?

No. Cashback has a clearer cash value. Miles are an estimate until you confirm a specific redemption.

Calculator

UAE credit card miles value calculator

Estimate the cash-equivalent value of miles from monthly spend, earn rate, and an assumed value per mile.

Short answer

What this calculator does

Miles estimates depend on the value assumption you enter. Actual redemption value can vary by airline, route, fees, and availability.

Enter only qualifying monthly spend.
Use the earn rate from the bank terms.
Use a miles value assumption that matches a real redemption you would consider.

Monthly qualifying spendMiles per AEDAssumed fils per mileAnnual fee

Monthly miles

8,000

Based on the earn rate entered.

Monthly estimated value

AED 320

Uses your fils-per-mile assumption.

Net annual value

AED 3,840

Estimated annual value minus the annual fee entered.

Formula used

Monthly miles are monthly qualifying spend multiplied by miles per AED. Estimated monthly value is monthly miles multiplied by the fils-per-mile assumption and divided by 100.