Sentences with phrase «cash value of the miles»

When using a generic airline card, the bank actually takes the cash value of your miles (approximately 1 cent to 2 cents per mile) and purchases a discount ticket on any airline you choose.

Southwest with the companion pass is a hell of a value (ex: approx cash value of miles for 2 tickets RT around $ 130 each).

The cash value of the miles are not able to be insured.

Not exact matches

The non-S model lost around 55 per cent of its value after three years and 30,000 miles, which is a hefty chunk of cash, even if you can afford the initial outlay.

The baseline value you should be getting in terms of «cash,» whether that be gift card or statement credit, is 1 cent per point or mile.

There are two reasons for this: The redemption rates of miles or points for international trips drive up the value of rewards, and most cash - back credit cards charge a foreign transaction fee of 3 % on overseas purchases.

Using Venture miles for regular cash back statement credits or on non-travel purchases gets you about half of the value compared to travel expenditures.

Just remember, if you're still carrying a balance while earning rewards, the high interest charges will build up faster than the value of the points, miles or cash back that you earn.

Airline credit cards may offer an equivalent cash value of from 1 to 5 cents per mile you earn, but it's difficult to consistently quantify the value because award flights and availability are dynamic - always changing based on demand, flight prices, routes and other factors.

In choosing this card, you do sacrifice the opportunity to earn air mile rewards on shopping; but less frequent travelers, as well as less frequent shoppers, who are looking for ways to earn cash back just by going about their daily routine will get a lot of value out of the OCBC 365 Credit Card.

So unless you can make at least $ 15,000 in purchases each cardmembership year and therefore qualify for the 15,000 loyalty miles to offset the $ 150 annual fee of the Barclays Arrival ® Premier World Elite Mastercard ®, the Citi ® Double Cash Credit Card will offer more value.

If you don't mind doing a little research and being flexible with your travel plans, you can easily get more value for your points or miles if you use them for travel rewards instead of getting cash back.

You can also use Venture miles as cash back on non-travel related expenses, though this causes their value to depreciate, and this kind of use of miles is not recommended.

Of course, if they redeem the miles for cash - back, gift cards, or merchandise, the value will be much less.

So... it looks like you are saying the Chase Freedom is the best rewards card overall in terms of value (for points or miles or w.e.) because it's cash back and gives you the most bang for your buck.

I had a CapitalOne «No Hassles» mileage reward card I stopped using in 2009 and it took me 3 years to use the miles at maximum value (1 % of the cash spent to accrue them).

Cash back cards appeal to customers for a number of reasons, but mainly due to their ease and flexibility: Because they offer cash back rewards, there's no need to convert points and miles to dollar valCash back cards appeal to customers for a number of reasons, but mainly due to their ease and flexibility: Because they offer cash back rewards, there's no need to convert points and miles to dollar valcash back rewards, there's no need to convert points and miles to dollar values.

To help consumers, we discuss the value of points, miles and cash back rewards of the card.

If you don't mind doing a little research and being flexible with your travel plans, you can easily get more value for your points or miles if you use them for travel rewards instead of getting cash back.

We all know the value of points, miles, and cash back from credit cards and the great return that you get for the time spent.

There are only a few circumstances in which I think points and miles can be valued objectively, and one of those is when they can be redeemed like cash.

Bottom Line: The «double dip» increases the value of the miles earned on the Discover it Miles Card slightly, since you can both pay for a travel purchase with the card to earn miles and pay off the balance with those «miles» as cash - back.

Near the end Matt argues you should know your percentage back / value of miles, and be negotiating against that amount using the phrase «How much for cash?»

Bottom line is that your Starpoints hold incredible value in the form of Cash & Points rates, free nights, and airline points transfers with an additional 5,000 mile bonus.

Someone who cashes in 50,000 points gets three times the value of someone who cashes in 3500 miles.

For me the last step in calculating out the value for a redemption is to take the miles which would have been earned and multiply them by my average CPM, and subtract this from the cash value of the ticket.

Pay with Miles — You can use extra miles in 5,000 - mile chunks at a value of $ 50 each to pay for part of a cash ticket, award fees, and so on.

Quick recap: Miles are dead, yadda, yadda, yadda... — What's the value you earned from using your miles instead of buying a ticket in cash?

Redemption of miles for economy class ticket usually yields less value than business class (in a lot of cases, business class ticket usually has three to four times cash value, but only costs twice amount of miles).

Because the value of the miles does not change when you redeem the miles as cash back, you can treat the Discover it ® Miles card as a 1.5 % cash back credit card.

Since redemptions are not based on the cash price of the fare, you can maximize the value of your miles by flying within one or two regions and during off - peak dates.

Alternatively, you can use your miles for cash back deposited directly into your bank account at a value of one cent for every mile.

There's no incentive for them to cancel your miles on account of bankruptcy, and no other creditor would seek to have you sell them to repay a debt because the terms and conditions say that the points «have no cash value and are void if sold, purchased, brokered or bartered.»

Paying for Virgin Americas first class cabin with miles can get quite expensive, as the airline pegs their redemptions to the cash value of the ticket.

As you can see the $ 100 statement credit doesn't cover the $ 150 value of the miles BUT... if someone on the street were to offer you $ 100 cash vs 10,000 miles, which one would you choose?

If any rewards, such as airline miles, points and cash back that you earn for using your credit card were taxable by the IRS — meaning you had to pay income taxes on the value of the reward — would that make you stop using your rewards card?

The card also suffers from the same drawbacks as the VentureOne card — with its straightforward redemption value of 1 cent per mile, you are always going to be better off with a cash back card that offers the same point value and more flexibility.

At the time of writing I couldn't see just what sort of value customers could get from their miles if they used them for Cash & Miles purchases but, over the weekend, things got a lot clearer and the news is anything but good.

The «Cash & Miles» purchases are supposed to give flyers an additional way to use their Miles & More balances — put simply, a value has been given to a Miles & More mile and customers can now use their miles to reduce the price of a regular cash ticCash & Miles» purchases are supposed to give flyers an additional way to use their Miles & More balances — put simply, a value has been given to a Miles & More mile and customers can now use their miles to reduce the price of a regular cash ticcash ticket.

• Don't hoard miles Despite the simple logic that you shouldn't squander award miles when you could buy a ticket for a low cash price, the value of your miles isn't likely to increase, as ticket prices aren't likely to rise significantly anytime soon.

Price per mile: The cash value of an award divided by the number of miles required to procure it.

For those not hugely into miles and points, cash back credit cards can make a lot of sense — there's no need to work out how to maximise the value you're getting or to navigate numerous redemption options.

See related: Be wise when cashing in rewards points, 8 ways to maximize your credit card rewards points, Personal finance predictions for 2010: Rewards cards, How to decide when to dump your rewards card for another, 6 ways to maximize hotel rewards, Comparing value of cash back cards versus rewards, How to find the best airline rewards bonus miles deal, Research: Credit card mail offers with annual fees return, 5 components of a credit score

Calculate the redemption value in terms of cents per mile by dividing the cash price of the ticket by the number of miles required for an award.

The cash price of this ticket is $ 971, which gives you a value of almost 4 cents per mile.

Convenience, redeemable miles and PQM all have inherent value that you're not getting when booking an award and this needs to be considered when working out the value proposition of an award booking vs a cash booking.

In the example of a Toronto - Calgary flight, Aeroplan miles have decreased in value as they have increased the amount of cash outlay required to redeem the flight.

I think that most Canadians should take rewards in the form of cash back or fixed value rewards, instead of miles or points.

Sub - $ 500 Europe tickets (in coach) are not at all uncommon and provide great opportunities to really get value out of those CapOne cash / miles since they can be used, as Jennifer says, anytime and on any airline, no matter how obscure.

I now know the number of miles I would be forgoing if were to choose to buy a ticket with miles rather than with cash and I also have a value for those miles.