They also offer Cash
+ Points redemptions, room upgrades, Hotel + Air packages and the ability to transfer points to the Starwood Preferred Guest program at a 3:1 ratio.
Not exact matches
You don't mention the Barclaycard Arrival
+ World Elite with 2
points for every dollar spent plus a 10 %
redemption dividend.
I currently don't have the inclination to work 20
+ hours a week to get better
point redemptions, but I can if I choose to.
Your rewards can be used as a standard award, a Cash
+ Points award, a PointSavers award, or an Instant
Redemption.
This means that assuming each Thank You
Point = $ 0.01, your maximum rebate is 2 % (ie, if your ordinary purchase point is 20,000 per year, no matter how many miles you fly, only 20,000 flight points can be converted into redeemable Thank you points, you can only turn 20,000 purchase points + 20,000 flight points = 40,000 Thank you points eligible for redempt
Point = $ 0.01, your maximum rebate is 2 % (ie, if your ordinary purchase
point is 20,000 per year, no matter how many miles you fly, only 20,000 flight points can be converted into redeemable Thank you points, you can only turn 20,000 purchase points + 20,000 flight points = 40,000 Thank you points eligible for redempt
point is 20,000 per year, no matter how many miles you fly, only 20,000 flight
points can be converted into redeemable Thank you
points, you can only turn 20,000 purchase
points + 20,000 flight
points = 40,000 Thank you
points eligible for
redemption).
The table below shows you the various rewards rates attained with the Expedia ®
+ Voyager Card, after various
point earning /
redemption combinations.
You don't mention the Barclaycard Arrival
+ World Elite with 2
points for every dollar spent plus a 10 %
redemption dividend.
note: continued
redemptions (of the «
+ # x» portion) eventually converts
points to enhanced cash back at a rate of nearly 1.54 %.
Here's the underlying math for the inflection
point between the two methods: cash rewards program vs.
points redemption: $ 135 base
+ 0.0125 (x - 17,000 spending) > 0.01 x. Solving for x gives you $ 31,000.
Park Hyatt Maldives is only 25K
points per night for example (cash rate can be around $ 1K per night), or Hyatt Regency Kathmandu (my recent
redemption) is 5K
points per night (cash rate for the night I booked was $ 150
+ tax)
The regular
redemption rate for RBC Rewards members, other than RBC Rewards
+ cardholders, is 3,500 RBC Rewards
points for a $ 25 gift card for Amazon.ca, iTunes, Starbucks, McCafe and Cineplex.
Bottom Line: You can earn up to $ 1,600
+ in value in just
point redemptions with the Gold Delta SkyMiles ® Business Credit Card from American Express, plus other benefits on top!
Immediately began using the $ 300 travel credit in various ways: $ 30 prepayment towards my toll bridge account, $ 44.40 for the cash portion of a Hilton Honors
Points + Cash
redemption in Fort Lauderdale, two one - way tickets on Allegiant to visit family for Thanksgiving, and I still have $ 14.
While 140,000
points alone won't get you to that 200,000
points minimum threshold for Air
+ Hotel
redemptions, you can always earn more
points with this card, transfer
points from Ultimate Rewards or even purchasing
points directly.
Finally, it's difficult to justify the 40,000
+ points per night required to stay at most Ritz - Carlton properties, but if you're even thinking about using your
points at the Ritz, your level of spending may be high enough for
redemptions at that level to not scare you off.
Finally, there's still the matter of whether the rebate actually dilutes the value of
Points + Cash
redemptions.
The Conventional Wisdomers have
pointed out that if you're earning Membership Rewards in order to redeem them at 1.43 cents per
point, you're wasting your time because you could easily get a Barclays Arrival
+ Mastercard instead and get 2.2 % on all travel
redemptions for every single dollar you spend.
50,000 Arrival
+ points are equivalent to $ 525 in travel
redemptions, which is pretty respectable value for a hard pull.
Just 2 or 3 of those 10
+ cents per
point redemptions, and you'll never look at redeeming for straight cash - back again.
Granted, there is that 0.1 % extra on the Arrival
+ thanks to the
points rebate, but a 10,000
point minimum applies for
redemptions, which means it's not quite as simple as a pure cash back card.
Points + Cash
redemptions will be available beginning January 7th, 2014.
Bottom Line: You can earn up to $ 1,600
+ in value in just
point redemptions with the Gold Delta SkyMiles ® Business Credit Card from American Express, plus other benefits on top!
For all of these deals we found dates where
redemption value was at least.55 cents per
point with some as high as 2
+ cents.
I think it's clearly only worth it if you have substantial award
redemptions planned (though I'd count both standard
redemptions and
Points + Cash
redemptions).
This is because if you assume the cash you spend on a
Points + Cash redemption is effectively buying back points, you're buying back 20 % fewer points for the same amount of
Points + Cash
redemption is effectively buying back
points, you're buying back 20 % fewer points for the same amount of
points, you're buying back 20 % fewer
points for the same amount of
points for the same amount of money.
In his post on Tuesday, Scott and Travel Codex readers also noted that this rebate actually makes
Points + Cash
redemptions look worse.
My
point is not to necessarily argue the method of valuing
Points + Cash
redemptions (though I'm game for doing that another time), but simply to demonstrate that, depending on your personal situation, you might still consider the rebate valuable on mixed
redemptions.
The minimum threshold for gift card
redemptions is $ 100 so it's on the high side but the rapid
point earning potential
+ the $ 15 credit just for signing up, often makes reaching this
point threshold much more attainable.
Marriott now gives you the option to combine cash
+ points for a hotel
redemption made online.
Nights
+ Flights
redemptions come in two flavors: 60,000 Starpoints for 50,000 airline miles and five nights at a category three hotel (typically Sheraton, Four
Points or Westin) or 70,000 Starpoints for the same number of airline miles and nights, but category four hotels (typically W and Westin, with some Sheratons in top destinations).
I also was planning a trip to Phuket this year and knew from my research that the Doubletree Hotel Phuket — Surin Beach had
redemption values that ranged from 25,000
points to 70,000
+ points.
If you don't have enough Marriott (or SPG)
points to make the full
redemption, you can still partially earn your Southwest Companion Pass with a Marriott Hotel
+ Air
redemption.
The BMO Rewards program lets cardholders use those
points to cover travel expenses such as flights and hotels (including fees
+ taxes), as well as
redemption for merchandise, gift cards, or statement credit.
However, recently Hilton has gone away with the standard
redemption options and introduced
Points + Cash option.
Stays paid for using
Points + Cash and other
point redemption rates are not eligible for this Promotion and the Promotion can not be combined with any other special rates, discounts, coupons, sales promotion, or other offers.
They also have options to redeem fewer Starpoints with advantageous cash
+ points and flights
+ nights
redemption rates.
This compares favourably with the 0.7 c per
point that is on offer with the
points + pay reward night
redemptions.
As with most of the promotions, award stays and
points + cash
redemption's are not eligible
NEW Cash
+ Points Coming in early 2016, the NE Cash + Points will give Rewards members the flexibility to use a mix of cash and points to cover single or multi-night redemption
Points Coming in early 2016, the NE Cash
+ Points will give Rewards members the flexibility to use a mix of cash and points to cover single or multi-night redemption
Points will give Rewards members the flexibility to use a mix of cash and
points to cover single or multi-night redemption
points to cover single or multi-night
redemption stays.
Points earned can be redeemed for vouchers that may be used for either hotel bookings or hotel
+ flight bookings. The normal
redemption rate is that 3,500
points will get a $ 25 voucher.
Marriott.com has launched Cash
+ Points, its new booking tool that allows Marriott Rewards members to use both cash and
redemption nights to make reservations.
40,000 Starpoints = $ 1,000 of JetBlue
points + $ 1,200 in Virgin America
points = $ 2,200 in
redemption value for 40,000 Starpoints.
I have already used one
Points + Cash redemption and the 20 % points back were deposited in my account 4 days after my
Points + Cash
redemption and the 20 %
points back were deposited in my account 4 days after my
points back were deposited in my account 4 days after my stay.
Our take: Unless you're already collecting Expedia
+ points, the Expedia
+ Card from Citi's lower earn rate and restrictive
redemption program mean you can likely get more value from other travel rewards cards, especially if you have excellent credit.
Like any award
redemption, value is in the eye of the beholder, so you may have your own strategy for maximizing Cash
+ Points rates.
I wouldn't do it speculatively (i.e. buying 100k
+ Alaska miles with the intention of flying Emirates first class), but when it comes to topping off an account for an award
redemption, I'll buy
points if it makes financial sense.
The discount applies to award
redemptions,
Points + Cash awards, suite upgrades, dining, and spa
redemptions.
PointsSavers will always gives you a higher average value than a standard
redemption with the exception of category 9 hotels, while also giving you a higher value than Cash
+ Points for all categories except category 1 hotels.
Cash
+ Points for categories 7 - 9 is the worst of the hotel reservation
redemptions with values coming in below 0.5 cents per
point.
With all the
redemption values now known, we can say that the average value of a
point on credit card X is ($ 0.01
+ $ 0.02
+ $ 0.005
+ $ 0.01) / 4 = $ 0.01125.