If my cash budget doesn't allow me to buy the flights I want then cents per mile doesn't matter since what I am willing to pay is effectively $ 0 (or just the minimal taxes and charges for the award ticket).
Not exact matches
On average, it takes children 90 seconds longer to run a
mile than their counterparts
did 30 years ago and heart - related fitness has also declined by five
per cent each decade since 1975, for children aged 9 - 17.
The petrol Start model is likely to
do best with a 45
per cent residual value over three - years / 36, 000
miles.
If you don't want to calculate the value
per mile, you can deduct a standard rate of 14
cents per mile.
I value most airline
miles, Chase Ultimate Rewards & American Express Membership Rewards points at around 1
cent, so I don't mind paying 0.79
cents per mile or point.
I
du n no J.D. Your $ 1867 cost is assuming 12.7
cents per mile for your INSANE 15,000
mile per year commuting habit.
JetBlue
miles don't have a fixed value, but according to our calculations they have an average value of 1.2
cents per point.
If a customer doesn't earn all of the
miles back through spending, they will be required to purchase the remaining
miles at a price of 2.5
cents per mile.
JetBlue
miles don't have a fixed value, but according to our calculations they have an average value of 1.2
cents per point.
Hawaiian
does the same; however, the
cents -
per -
mile value of their chart is significantly below JetBlues own, to the tune of a loss of 0.5 - 0.7
cents per mile.
Transfers to the other major domestic airlines give you a 1.25
cents per point value so don't transfer to United, because if you
do you will be bummed when you realize those Starpoints don't cover the United
miles needed.
When I
do it that way, I get 2.3
cents per mile for my redemption.
I'll be
doing a travel report similar to my Colombia Travel Report Series after the trip, and next I'll be writing about how we got the rest of our South America flights to Buenos Aires, El Calafate, and Bariloche for just $ 90 in fees and achieved another unbelievable
cents -
per -
mile value using Delta Skymiles.
The math on last month's promotion meant that United was effectively selling
miles at a cost of 2.15
cents per mile and, if I though that was bad (which I
did!)
All said and
done you can buy 50,000 Choice Privileges points for $ 385 and exchange those for 32,500 United MileagePlus
miles, and a final cost of 1.18
cents per mile.
I try to pay 4 to 5
cents per mile on most flights, but those $ 500 + tickets to visit family
do not give me much choice.
To reiterate, the 2
cents per mile redemption is the final calculation because 20,000 points doesn't get you a $ 400 ticket.
United Airlines: Not only
do you have to pay a steep 1.5
cents per mile, but United also charges a $ 30 fee
per transaction.
Lets say you
do this, and effectively buy
miles at a 125 % bonus, you'd be paying ~ 1.47
cents per miles (based on One Mile at a Time's calculations).
But those who aren't flexible, plan ahead, and don't fly to expensive destinations will generally find better value in cash for travel options, which avoid airline prices which can result in 1
cent or less
per mile in value.
To contrast, let's say you're using a Gold Delta SkyMiles Credit Card from American Express and you're getting 1
mile per $ 1 on all purchases except Delta ones (2X
per $ 1), and you redeem those
miles at a rate of 1
cent per mile with Delta's Pay With
Miles feature, you have to think, «Why would I
do that when I could be getting more than double in value from those Arrival
miles?»
It's pretty much the only way we book business travel and my employees love it because instead of using award tickets where they don't earn
miles, they can earn
miles and I'm getting 2
cents per point in value back when I redeem.
I
do use the
cents per mile concept to see roughly the value I am getting but it doesn't weigh too heavily on my decision.
Again, that doesn't mean I'd buy an American AAdvantage
mile at 2
cents each, because via BankDirect I can earn AAdvantage Miles for Half a
Cent per Mile.
I don't suspect these redemption options will offer remotely decent value (of more than 1
cent per mile), but we will have to wait and see because no details were given.
Not only
do you have a huge variety of destinations to choose from, but the value of AAdvantage
miles is high — we value them at 2
cents per point.
According to the US National Snow and Ice Data Centre in Colorado, Arctic summer sea ice has increased by 409,000 square
miles, or 26
per cent, since 2007 — and even the most committed global warming activists
do not dispute this.»
Researchers found states that had increased their speed limits to 75 mph (120 km / h) experienced a shocking 38
per cent increase in deaths
per million vehicle
miles than expected, compared to deaths in those states that
did not change their speed limits.
If you don't, they'll be charged to your account at a rate of 2.5
cents per mile.