How we picked these
Every entry is a specific redemption that consistently delivers above 2 cpp (most return 3-15 cpp). We exclude paper sweet-spots that look great on charts but never have award space (looking at you, Korean Air SkyPass).
Cash equivalents are floors, not peaks. The Etihad First A380 reads "$10,000" because paid tickets routinely clear $10k-$15k; we use the floor so the cpp math is conservative.
Sources: Frequent Miler's per-program "Best Uses" guides, View From the Wing + OMAAT partner-chart posts, r/awardtravel "best of X miles" megathreads, and our own bookings. We update quarterly.
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