Southwest uses a revenue - based, fixed - value redemption system in which the number of points you need to redeem for your ticket is proportional to
the cash value of that ticket.
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.
Large carriers such as American Airlines or United Airlines have a fixed price award system, where taking an award flight will cost the same amount no matter
the cash value of the ticket.
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.
You are ready to book a flight and have confirmed award availability for your dates and
the cash value of the ticket is more than the cost to buy miles / points.
If you're trying to maximize the value of your points based on the actual
cash value of the tickets you're buying, then using Avios to upgrade is one of the best ways to make that happen.
Many people believe you shouldn't consider the actual
cash value of a ticket when you make an award redemption, because in the process of redeeming for that award, you may have made compromises that you wouldn't have made if you were simply paying cash.
To determine the value of your miles for specific flights, divide
the cash value of the ticket (less any applicable taxes / fees if you redeem miles) by the number of miles required for the flight.
To determine the value of your miles for specific flights, divide
the cash value of the ticket — less any applicable taxes and fees if you redeem miles — by the number of miles required for the flight.
I like to post the Southwest sales as the award tickets are tied to
the cash value of each ticket, same is also true for JetBlue.
To determine the value of your miles for specific flights, divide
the cash value of the ticket (less any applicable taxes and fees if you redeem miles) by the number of miles required for the flight.
Award tickets cost a set number of miles, while
the cash value of the ticket can vary widely depending on demand, time of year, time of day, and about a million other factors.
To determine the value of your miles for specific flights, divide
the cash value of the ticket (less any applicable taxes or fees if you redeem miles) by the number of miles required for the flight.
Trip cost should not include
the cash value of a ticket purchased with reward points or miles.
Not exact matches
Shipments containing
cash or other means
of payment, precious metals, art work, jewelry, watches, precious stones or other articles
of value or securities for which, in the event
of damage, no stoppage and no cancellation and replacement procedure can be carried out; for the avoidance
of doubt the following valuable goods are exempted from this rule: Shipments using the Registered Mail special service, which contain stamps, telephone cards, vouchers for goods and low -
value goods in these classes (e.g. fashion jewelry and promotional articles), up to an actual
value of 30 Special Drawing Rights
of the International Monetary Fund (SDR) per shipment, and individual
tickets and entrance
tickets;
Buffett made his billions by divining when the gap is greatest between intrinsic
value and a stock's share price, then buying loads
of shares,
tickets to real
cash flow other investors would want.
The face
value of the game
tickets are $ 125 and the resale price is about $ 1,000 per
ticket, so fans will be spending a lot
of cash to talk baseball — or politics — with the governor.
This year's winner will receive two
tickets to the 2017 Audie Awards Gala in New York City (
valued at $ 700), recognition
of their award at the Gala, and a $ 200
cash prize.
JetBlue prices award
tickets based on the
cash cost
of a
ticket, though because
of leverage on taxes and fees you can get better
value booking cheaper
tickets with points.
It may just be your
ticket to the fast track
of building
cash value in your policy.
The cards compared on this page are those that have highly variable
value and are independent
of the
cash price
of the
ticket.
You'd never be want to pay for those seats using Flexperks or Arrival points as you'd have to spend ungodly amounts to cover the
cash cost
of the
tickets) To me, the flexibility to book seats I want, when I want, vastly outweighs maximizing the
value I could theoretically obtain IF I could find availability using «optimal» award programs.
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.
Both JetBlue and Virgin America operate revenue - based programs, meaning points are redeemed like
cash according to the
value of the
ticket.
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?
Prices are based on the
cash price
of the
ticket, and are generally reported to be a poor
value compared to other options for Hawaiian Airlines flights or flights to Hawaii.
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).
Since JetBlue is a revenue - based program, its levels closely correlate to the
cash cost
of a
ticket, and in most cases you are lucky to get a
value of 1.6 - 1.8 cents per point.
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 tic
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 tic
cash ticket.
The cost
of award
tickets, on the other hand, is based on the
Value level
cash price.
• 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.
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.
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.
UFly is a revenue - based reward program, which means that award
ticket prices are based on the
cash value of the flight.
Since those are actually a fixed
cash value of $ 1,300 (1 cent / mile), I can only offset the
cash price
of these same
tickets by that much.
It's relatively easy to get oneself into an infinite mathematical loop in this situation so, for the purposes
of this exercise, I'm going to
value the miles I would earn on these routes (if I bought a
ticket for
cash) at the
values in the table above.
Since all Virgin America award bookings are tied to the current
cash fare
of a particular flight, the worst
value award
tickets come when flight prices are especially high.
I adjust the price I would be prepared to pay for a
cash Business Class
ticket for the
value of the miles I will be forgoing by purchasing the
ticket with 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.
In order for me to transfer Starpoints to American Airlines to book an AAdvantage award
ticket, the
cash value of that plane
ticket is going to have to give me a high cents - per - point
value.
You may also want to check the
cash value of the plane
ticket you are trying to book and calculate the cents - per - point
value you're getting.
The problem here is straightforward, and why I don't use a 2 %
cash back card to completely offset the cost
of my points: if I don't
value the roundtrip
ticket to Europe in business class at $ 786.05, why am I paying $ 786.05 for it?
Since flying business class is much more comfortable, I would add $ 500
of extra
value to the comparable
cash cost
of my
ticket for a total
of $ 1,700.
The
ticket's
cash price was $ 895 AUD (or $ 675 USD at time
of booking) which means a redemption
value of 3.3 cents per AA mile!
In some cases I checked, the «fee» was more than half
of the
cash price for the same
ticket, leaving limited
value for your miles.
It's not even published, so the airline may charge a point
value akin to 1 cent per mile or worse in relation to the price
of purchase
of that
ticket in
cash.
When redeeming air travel awards, you always want to aim to get a
value of at least 1 cent per mile in relation to the true
ticket price, or you're better off paying
cash.
When deciding between redeeming points and miles or paying
cash for an airline
ticket or hotel booking, most folks will multiple this
value to the number
of miles or points required and if its higher than the amount required for a
cash booking, they'll redeeming points or miles.