The combination of the bonus categories and the ability to redeem for up to two
cents per mile makes this card more valuable than other fixed - value currencies, such as Barclaycard Arrival miles or Capital One Venture miles.
In the other frequent flyer programs we have reviewed (with the exception of Southwest), values may fluctuate between 0.5 cents per mile and 4
cents per mile making the JetBlue program very consistent in comparison.
Not exact matches
As a general rule, The Points Guy suggests that you should
make sure you're earning the equivalent of 1
cent or more
per mile in value from your airline
miles.
In those programs however, values could range from 0.5
cents per mile up to over 3
cents per mile,
making a defined benchmark important to know.
One point I want to
make is that using UR points for airline
miles has proved to be greatly more valuable to me than spending them at 1.25
cents per point or whatever.
A minimum of 2,000 HawaiianMiles is required to
make a transfer and it costs 1
cent per mile.
If you conservatively value MileagePlus
miles at 1.8
cents each, that's 4.32
cents in value
per dollar of manufactured spend,
making it one of the most valuable opportunities to manufacture such high volumes of spend, especially if you're able to also sign up under one of the very valuable signup bonus offers I wrote about here (I'm no longer able to pull up those offers).
The mileage rates in the award chart
make it possible to achieve values of over two
cents per mile.
Make it SO hard to get more than 1 - 1.5
cents of value
per mile.
At a value of 1.5
cents per mile, you'll receive $ 300 in travel value after
making your first purchase.
When you're
making redemptions for long - distance rewards, the
cents per mile equation can show you where some of the best values lie.
Although United
miles are normally a horrible purchase decision at 3.5
cents per mile, the bonus can
make it... [Read more...] about Get up to 75 % Bonus when You Buy United
Miles
You will need to
make $ 6,334 in purchases in order to cover the annual fee, assuming you earn only one SkyMile
per dollar and that each
mile is worth 1.5
cents.
These
miles are then redeemed at a rate of one
cent per mile after you
make a qualifying travel purchase.
These
miles can then be redeemed at one
cent per mile after you
make a qualifying travel purchase.
For example, it
makes sense to get a Flying Blue award for 50,000
miles round trip from New - York to Paris when a refundable fare can be upwards of $ 3,700 round trip (that's 7.0
cents per mile if you would actually have paid for that refundable ticket).
If you choose to redeem the
miles for statement credit then you'll only receive half a
cent per mile, which wouldn't
make sense.
Assuming HawaiianMiles are worth 1.59
cents each, you would need to
make $ 5,598 in purchases each year to offset the cost of the annual fee if you earn just one
mile per dollar.
In other words, if they would consistently be redeeming their
miles or points at 1
cent per dollar, then it only
makes sense for them to go with a 2 % cash back credit card.
At 1
cent per mile value, only Delta can
make a credible claim that this is a good deal.
BankDirect has reduced mileage earning by 75 % for deposits over $ 50,000 in its AAdvantage Mileage Checking and Mileage Money Market accounts,
making it no longer possible to use BankDirect to earn AAdvantage
miles for half a
cent per mile.
For its Botanics shampoo, Boots has redesigned its logistics network so that products could be delivered direct to stores, reducing road
miles and packaging, this alone has reduced the carbon footprint of
making the shampoo by 10
per cent.
I typically
make an extra 1 to 3
cents per mile via a fuel bonus as long as I maintain a specific fuel mileage.