And under the new Southwest Rapid Rewards program, UR points transferred to Southwest could be worth as little as 1.25 cents per point, which would make the Amex Pay With
Points rebate actually better.
Not exact matches
Finally, there's still the matter of whether the
rebate actually dilutes the value of
Points + Cash redemptions.
On top of that, this new Amex perk is a
rebate, which means you have to have double the amount of
points in your account that you'll
actually end up spending.
In his post on Tuesday, Scott and Travel Codex readers also noted that this
rebate actually makes
Points + Cash redemptions look worse.
But when you redeem
points for a travel charge, Barclay
actually gives you a 10 %
rebate on the redemption, so redeeming 40,000
points gets you 4,000
points back, worth another $ 40.
Actually, since JetBlue
points are worth almost 1.5 c on redemption, it's more like an extra 4.5 %
rebate.
Every 125
points earns a $ 5
rebate, so the rewards rate of 8 percent back at R Us stores is
actually superior to many other retailers» cards.
Because the 20 %
rebate applies only to the
points and not the cash portion, the promotion may actually make Points + Cash awards look worse, even for Categories
points and not the cash portion, the promotion may
actually make
Points + Cash awards look worse, even for Categories
Points + Cash awards look worse, even for Categories 2 - 6.
Considering this, 3,000 bonus TrueBlue
points is approximately a $ 42
rebate, as long as you
actually use the
points.