> ## Documentation Index
> Fetch the complete documentation index at: https://docs.churningtracker.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Point balances & valuations

> Track point balances per program and set per-point valuations for accurate reporting.

The **Points** section tracks how many points you hold across every program and what each point is worth — both feed directly into [reporting](/reporting) and profit calculations.

## Point balances

Open **Points** → **Balances** to see how many points you currently hold per program and account owner.

<Frame>
  <img src="https://mintlify.s3.us-west-1.amazonaws.com/churningtracker/images/screenshots/point-balances.png" alt="Point balances table" />
</Frame>

### Add or update a balance

1. Go to **Points** → **Balances** → **New balance** (or edit an existing row).
2. Pick the program and account owner.
3. Enter the current balance and the date you checked.
4. Save.

The overview at the top flags **outdated balances** (last checked more than 30 days ago) so you know which to refresh.

### Common programs

Pre-populated programs include:

* Chase Ultimate Rewards
* Amex Membership Rewards
* Citi ThankYou
* Capital One Miles
* Major airline programs (United, Delta, American, Southwest, etc.)
* Major hotel programs (Hyatt, Marriott, Hilton, IHG, etc.)

You can add custom programs from the same page.

<Tip>
  Bookmark each program's balance page in your browser and refresh balances on a monthly cadence so reporting stays accurate.
</Tip>

## Point valuations

Valuations turn point balances into dollar values. They power the **Total earnings** and **SUB earnings** numbers in [reporting](/reporting).

<Frame>
  <img src="https://mintlify.s3.us-west-1.amazonaws.com/churningtracker/images/screenshots/point-valuations.png" alt="Point valuations table" />
</Frame>

### Set a valuation

1. Open **Points** → **Valuations**.
2. Pick a program.
3. Enter the value in cents per point.
4. Save.

**Example**: setting Amex MR to 1.8 cents/point means a 100,000-point SUB shows as \$1,800 in earnings.

<Tip>
  Use conservative valuations — the redemption value you'd actually use, not the maximum theoretical. Profit reporting will reflect what you'd really get.
</Tip>

## Where balances and valuations show up

| Surface                        | What it uses                         |
| ------------------------------ | ------------------------------------ |
| **Reporting → Total earnings** | balance changes × valuation          |
| **Reporting → SUB earnings**   | card SUB amount × valuation          |
| **Credit cards**               | shows current balance per card owner |
| **CSV exports**                | point balance and valuation columns  |

See [Cards & account owners](/credit-cards) for the related side of the system.