I * did * book a flight on AA (my first since January 2009) to take advantage of the 1.6
cents point redemption before it vanished ¹, but since — clearly — I don't fly American very often, this isn't a great loss to me personally; neither is the Admiral's Club access, and since I don't play golf...
Not exact matches
Here's a benefit exclusive to business owners like you, a 35 percent
point redemption bonus on air travel when you an award flight through AmexTravel.com making your
points worth 1.35
cents each (1000
points = $ 135).
While this can be a great way to travel without having to pay with cash, the
redemption rate is pretty lackluster at 0.7
cents per
point.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0125 (one and a quarter
cents), which means that 100
points equals $ 1.25 in
redemption value, and
points are worth 25 % more than if redeemed for cash.
1
point for everyday purchases is 2.1 % as reward
points equal 2.1
cent for travel
redemption.
At some
point during the week, when they were telling me how their toys were «stupid» and they didn't want them anymore, for some reason I levied a one
cent redemption fee on each toy — bail, if you will.
If you redeem reward
points for hotel stays at SPG ® properties, you can reach
redemption rate up to 2
cents per 1
points.
By transferring your
points to airline and hotel programs, you can easily find
redemption opportunities where your
points are worth 5, 8, or even 10
cents each (or higher).
On average, 1 Flying Club mile is worth 1.5
cents — 50 % more than the best ThankYou
point redemption options on most cards.
These
points are worth about 1
cent each - average for credit cards - for
redemption for gift cards and cash back.
Premier holders get a 25 percent bump on
redemptions for cash fare travel, while Prestige card holders can use their
points for any airline at a 1.33
cent value per
point.
A low - value
redemption, like redeeming for cash, will give you 1
cent per
point.
The only other competitive
redemption categories for MR
points that are for select gift cards and towards Uber, which can both yield 1
cent per
point.
Luckily, consumers will earn almost 50 per
cent more
points — so 15
points — for every dollar spent at Shoppers Drug Mart locations to help account for the higher number of
points needed for each
redemption level.
You can book any flight at any time with your
points directly through the Chase Travel portal, where your
points have a fixed value of 1.25 or 1.5
cents per
point for travel
redemptions.
50 % More in Travel
Redemption When you use points to redeem for cash, each point is worth $.01 (one cent), which means that 100 points equals $ 1 in redempt
Redemption When you use
points to redeem for cash, each
point is worth $.01 (one
cent), which means that 100
points equals $ 1 in
redemptionredemption value.
Basically, what we're calling the «tier one» cards allow cardholders to redeem their rewards at a less attractive, one
cent per
point,
redemption rate.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0150 (one and a half
cents), which means that 100
points equals $ 1.50 in
redemption value, and
points are worth 50 % more than if redeemed for cash.
While you're guaranteed at least a 1.25
cent per
point redemption when booking through Chase Travel, your
redemption rate through the travel partners will vary so you'll need to be on the lookout.
You'll have to hurry, though, since the
redemption rate will drop to 1.25
cents per
point on July 23.
Hertz Gold Plus Rewards
points are not worth 20
cents each, but a purchase could make sense if you just need a small number of
points to make a
redemption.
Right now these
redemptions offer up to two
cents of value per
point (after December 31, 2017 the value will change to 1.5
cents per
point).
The Chase Sapphire Preferred ® Card, for instance, offers a
redemption rate of 1.25
cents when you use your
points to book travel through Chase Ultimate Rewards ®.
If you also hold the Chase Sapphire Reserve, you can up your
redemptions and redeem
points for 1.5
cents per
point through the Chase travel portal.
There are many more
redemption options available at a one
cent per
point value.
Even a relatively low value flight award is still more valuable than
redemptions for hotels, cruises or rental cards which are only worth one
cent per
point.
Most
redemption options will give you a value of 1
cent per
point, including redeeming
points for online shopping, statement credit or cash back, and donations.
If you transfer your
points to partners with valuable award charts, it is not very difficult to achieve
redemption values of at least 2
cents /
point (often 3 - 4) which widens the value disparity even more.
If you used just 7,500
points transferred to British Airways from your Chase Ultimate Rewards portal for that flight instead of paying $ 300, then your
redemption value is around 4
cents per
point on that transaction.
So, make sure you are redeeming your fixed - value
points at their maximum
redemption rate, which is commonly one
cent per
point if you redeem the
points for travel.
Unlike other loyalty programs, TrueBlue doesn't offer any
redemption options that get less than 1
cent per
point, so you'll likely get a decent return on your rewards no matter how they're spent.
For the best value, choose a rental certificate with a
redemption value of 1
cent per
point.
Rather, a hotel
point redemption that is a relatively high value will be around one
cent per
point.
In other words, (
Points Earned) x (
Redemption Avenue's
Cents Per
Point) = % enhanced cash back.
Points redemption options that always yield cold, hard cash (or equivalent, such as booked travel) at a defined & consistent rate above 1
point to 1
cents give you enhanced cash back, a term I just made up.
If you have the Citi Prestige card, then the
points are worth 1.33
cents per
point when redeeming for travel and 1.6
cents for American Airlines
redemption's.
As a general rule, hotel
points are considerably less valuable than airline miles or transferrable
points, so don't expect to get two
cents or more in value out of every
redemption.
The
redemption values are fixed, so you'll either earn one
cent per
point for cash or gift cards, or 1.12
cents per
point toward travel.
A value of 1.4
cents per
point or mile is a conservative estimate, based on the methodology explained below, for the value a typical consumer can get from airfare
redemptions.
If you're planning on redeeming your
points, it's best to shop around the Rewards
Redemption Center to find rewards that value
points at a minimum of one
cent per
point, which is a common value for credit card
points.
If you redeem
points on hotel stays at SPG ®, you get one of the most attractive
redemption rates among hotel credit cards — around 2
cents per 1 reward
point.
It also grants you a 25 % of
points redemption rate on travel (effective rate — 1.25
cent per 1
points).
When you redeem
points obtained on the Chase Sapphire Preferred ® credit card on airfare and other travel - related purchases, you get a 25 % increase in your
redemption rate, i.e., you redeem
points with an effective rate of 1.25
cents per 1
point.
You will also get 1.25
cents per Ultimate Rewards
point instead of 1
cent towards any travel
redemption via the Ultimate Rewards portal if you redeem
points from your Sapphire Preferred or Ink Bold / Plus accounts, compared to your Chase Freedom account.
You can get anywhere from 1.5 to 6
cents per
point on Flex Perks
redemptions.
I usually advise my clients to aim for at least 3
cents per mile /
point in
redemption value for domestic tickets, and of course much higher than that for international premium class tickets.
A very poor
redemption (such as for cash - back) will result in a value of about 0.5
cents per
point.
The worst
redemption of your
points is for gift cards and cash where you receive less than one
cent per
point.
You'll receive one
cent per
point for these
redemptions.
Keep in mind that you can redeem ThankYou
points toward other hotel or airfare
redemptions at a rate of 1.25
cents each.