With a one
cent per point value when redeeming for travel and 5 percent back on those redemptions, you can get a lot out of this card quickly.
As a general rule, if you are redeeming your points for a cash equivalent like onboard credit, you will get one
cent per point in value.
These miles are redeemed at 1
cent per point for travel so that means you'll earn the equivalent of $ 460 worth of statement credit that can be applied against your travel purchases.
It's also interesting to see that you get nearly.6
cents per point on average when redeeming points at these hotels.
Comparing the value of points at redemption time, all cards offer at least one
cent per point if you use them for onboard spending and cruise discounts.
Gift certificates and merchandise redemptions minimums vary based on what you are redeeming for but you can get 1
cent per point with some gift card redemptions.
This is really only a good idea when award travel is not an option or if you expect to receive less than 1
cent per point through a partner.
You'll also find that when redeeming your points, each card offers the same general redemption value of one
cent per point towards respective cruise lines purchases.
You can maintain a value of at least 1
cent per point by using the «Pay with Points» feature to book air travel.
Pay With Points allows you to redeem for 1
cent per point toward airfare, so a $ 1,000 flight would cost 100,000 Membership Rewards points.
Redemption values of 3 - 4
cents per point as in the examples are essentially the same as getting 3 - 4 % cash back!
This 1.5
cents per point rate often makes booking economy flights a better deal than transferring points and makes it much easier to find availability since you're not restricted to award inventory.
Comparing the value of points at redemption time, all cards offer at least
one cent per point for onboard spending and cruise discounts.
Because of this there is no real benefit to taking a flight redemption at 1
cent per point since you can take a cash redemption at that rate and buy a ticket outright.
Just 2 or 3 of those 10
+ cents per point redemptions, and you'll never look at redeeming for straight cash - back again.
If you figure it that way, you'll usually end up in the 1 to 2
cent per point range, which isn't that much better than paying with points.
If you book flights through the card's Exclusive Rewards program, you get 2
cents per point instead of the usual 1 cent.
Hopefully, they keep the featured rewards at discounted rate 1
cent per point making it competitive with other CC rewards.
While this is still better than the 1
cent per point available for direct redemptions on many travel cards, it's a rate that is fairly easy to beat.
And, most importantly, easily book domestic travel getting 1.5
cents per point without having to worry about finding award availability.
Being able to redeem at 1.5
cents per point really comes in handy when you need a lot of flexibility with your award bookings.
Points may be shared with friends or family in increments of 1,000, but a transaction fee of 1
cents per point applies.
For hotel purchases, earning 2 points per dollar and redeeming at 0.7
cents per point means you are getting an effective rebate of only 1.4 %.
While you can still find some decent values on some properties, they charge so many points that it's a
terrible cents per point value.
If you are redeeming for something like an upgrade or for a free cruise, you can get up to two
cents per point in value.
Expect to get 1.25
cents per point if you have one of these premium cards, so a $ 500 flight would require 40,000 points.
Since these miles are redeemed at 1
cent per point for travel that means you'll earn the equivalent of $ 460 worth of statement credit that can be applied against your travel purchases.
As I will show you, most award options offer you just one
cent per point towards merchandise, gift cards, and travel reservations.
You can maintain a value of at least 1
cent per point by using the «Pay with Points» feature to book air travel.