Abstract: A method and system for managing loyalty program redemptions under dynamic pricing considerations. The method is executed in a processor of a loyalty program management (LPM) server device. A redemption request including an associated asset spend is received from a client device. A plurality of loyalty program provider (LPP) server devices of respective loyalty program providers is accessed to obtain a set of discounted inventory items or services. Cost of redemptions to the loyalty program providers and perceived value to the redeeming member, as measured by perceived value indicators are determined based at least in part on the discounted item values and the asset spend associated with the redemption request. Based on applying a threshold value of the costs of redemption and the perceived value indicators, a qualifying subset of the discounted inventory items is identified.