With everyday costs climbing and fuel prices creeping higher, travelers are looking for every possible way to save money on airfare. The good news? Frequent flyer programs can still help stretch your travel budget further — if you choose the right one.
According to a new report from WalletHub, airline loyalty programs are becoming even more valuable in 2026, with several major carriers increasing the rewards travelers receive compared to last year.
WalletHub analyzed the 10 largest domestic airlines across 21 important categories, including the value of airline miles, blackout dates, expiration policies, and reward flight flexibility. The study also includes a personalized calculator that helps travelers compare rewards programs based on their own travel habits and spending.
Alaska Airlines Takes the Top Spot Again
For the third consecutive year, Alaska Atmos Rewards earned the title of the best frequent flyer program in America. The airline continues to stand out for offering strong rewards value and customer-friendly redemption options.
Frequent flyer programs overall can make a noticeable difference for travelers trying to cut costs. WalletHub found that the average rewards program saves frequent flyers about 7% on airfare — and the best part is that these programs are completely free to join.
Airline Rewards Are Improving in 2026
Travelers may actually get more value from their loyalty points this year than in previous years. Five of the nation’s 10 largest airlines increased the value of their rewards programs in 2026, with the top programs offering about 5% more value overall than they did in 2025.
That means travelers who strategically use airline rewards could see meaningful savings over time, especially families planning vacations or frequent business travelers trying to offset rising ticket costs.
Partner Airlines Matter More Than Ever
One surprising finding from the report is that only half of the largest U.S. airlines allow customers to both earn and redeem miles with partner airlines.
This can make a major difference for travelers who want flexibility when booking international trips or finding award seats during busy travel seasons. Programs with strong airline partnerships often provide more opportunities to use points effectively.
Buying Airline Miles Usually Isn’t Worth It
While earning miles through flights and credit cards can be valuable, purchasing airline miles directly usually is not a smart financial move.
WalletHub found that airline miles cost an average of 2.5 times more than they are actually worth when consumers buy them outright. Unless there is a very specific promotion or redemption opportunity, travelers are generally better off earning miles naturally through travel and spending.
Best Airline Credit Card of 2026
WalletHub editors also named the JetBlue Plus Card as the best airline credit card of 2026.
The card stood out for its travel perks, rewards earning potential, and overall value for consumers looking to maximize their airline spending.
Tips for Getting the Most From Frequent Flyer Programs
If you want to make the most of airline rewards in 2026, here are a few simple strategies:
- Join airline loyalty programs even if you only travel occasionally.
- Focus on one or two airlines instead of spreading miles across many carriers.
- Use travel credit cards responsibly to earn bonus rewards.
- Pay attention to airline partnerships and transfer opportunities.
- Avoid purchasing miles unless the math clearly works in your favor.
With travel costs continuing to fluctuate, choosing the right rewards program could help make your next vacation a lot more affordable.
