Composite = Value 72×.35 + Stability 59×.25 + Liquidity 15×.20 + Consistency 73×.10 + Drag 85×.10 = 58.9.
Audit trail. Median computed from 143 priced corridors across 17 distinct chart cells (a chart cell = one points price × cabin). Pricing basis: verified. Value source: v5.3 route database — premium long-haul 6.8¢ on 18 routes (weight 70%) · everyday (economy + short-haul) 2.9¢ on 125 routes (weight 30%). Surcharge drag: 2.3%.
JAL premium cabins via Atmos at below-market rates remain the quiet flagship; oneworld distance runs reward creativity
1 of 6 bank currencies transfer in — Bilt 1:1
Bilt 1:1
Partner space (JAL, Cathay) books cleanly when released; own-metal saver space is shrinking
June 2026 partner award fee increases; Saver fares earn no status credit from Aug 1, 2026 (earn-side, not a rating input). Asia First rows at 70K are pre-2024 partner rates pending re-check; the Hawaiian integration will reshape partner charts within 12–18 months.
| Index | Rating | Score | Median (net) |
|---|---|---|---|
| Master | BBB | 58.9 | 5.59¢ |
| Domestic USA | BBB | 55.0 | 2.90¢ |
| International | BBB | 53.5 | 5.44¢ |