We next need to determine whether the dollar value of the 50,000 extra points you are spending is less than
the dollar value of the miles you are receiving.
Not exact matches
All you need to do is look at the number
of points or
miles needed to earn a certain reward and divide that amount by its
value (in
dollars).
With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels
of performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster
of a car I've had some brief track opportunities moving this morning to get used to the pace
of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort
of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line
of the hood it kind
of dominates the center
of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind
of speaks to what makes this car special it's a monster
of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150
mile - an - hour indicated we're going to ease up a little bit on it because I need to focus on talking rather than driving but like I was saying the attributes
of the rest
of the car the steering the braking capability the grip every system
of this car is riding to the same level
of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its performance potential there's a level
of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power
of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet because the limits
of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music] because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50
miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track performance package a lot
of those changes happen underneath the sheet metal but one
of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure
of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking for the track performance this thing delivers also giving you that performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front
of the thing what really matters is what's under the hood that's right there's actually a hole in the hood
of this thing and that's because this engine is so tall it's tall because it has a larger supercharger and a bunch
of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top
of the vehicle this all makes for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level
of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot
of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme performance machine deals with the sort
of more civil minded stuff
of street driving the track impressions remain this thing is unquestionably one
of the most capable cars you can get from a dealer these days a lot
of that's besides the point now because we're on the street we have speed limits they have the ever - present threat
of law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little firmer but it's certainly livable on a day to day basis that's surprising for a vehicle
of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort
of a shrine to it the way it pops out
of the hood the way it's covered with coolers around the sides it is the experience
of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some
of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out
of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt for the manual although Chevy tells me about 80 %
of its customers will go for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a strong
value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track performance per
dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]
The «
dollar value»
of your travel rewards often fluctuates, depending on how you earned the points or
miles (was it a «bonus»?)
It may be useful to know which credit card is best in terms
of total points or
miles and
dollar value after one year
of typical spending, primarily focused on grocery store and restaurant purchases.
Next, let's calculate the
value of each family's
miles based on $ 0.01 per
mile, rounded down to the nearest
dollar.
The Capital One ® Venture ® Rewards Credit Card and the Barclaycard Arrival Plus ® World Elite Mastercard ® are tied in terms
of total points or
miles earned and the total
dollar value of those points or
miles.
To calculate the
value of a Delta SkyMile we gathered prices for popular flights using
dollars and
miles.
That can be defined as the number
of miles needed for a ticket, divided by total
dollar value of that ticket.
We sum the
value of points,
miles and cashback in
dollar terms and subtract the annual fee over a 24 - month period.
To earn $ 195 in
value, you'd have to spend $ 9,750 in airfare with Delta (at 2x
miles per
dollar), which is pretty high for a typical year
of personal travel.
Next, let's calculate the travel
value of the
miles earned by each
value based on the formula $ 0.01 /
mile, rounded down to the nearest
dollar.
Cash back cards appeal to customers for a number
of reasons, but mainly due to their ease and flexibility: Because they offer cash back rewards, there's no need to convert points and
miles to
dollar values.
How We Calculate Rewards: ValuePenguin calculates the
value of rewards by estimating the
dollar value of any points,
miles or bonuses earned using the card less any associated annual fees.
All
values are based on our own estimates for the
dollar value of any points,
miles or bonuses earned using a card and on the spend assumptions entered above (which you can edit).
By paying attention to the airports you are flying between and weighing the
value of what you're getting for the
miles and fees you're paying, it is quite possible to fly British Airways first class with
miles for pennies on the
dollar.
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).
While we estimate the
value of Free Spirit
miles to be about 1.5 cents each, it's helpful to remember that you'll also be earning those
miles at a rate
of two per
dollar spent.
You'll receive two
miles for every
dollar spent, so your $ 3,000 in purchases will earn an additional 6,000
miles, for a total
value of $ 560 when redeemed for travel.
Every 100 Miles you earn translates into one
dollar of value (1
mile = 1 penny), so you would have to redeem 50,000 Miles for a $ 500 airline ticket.
If the airfare costs thousands
of dollars, you may get a better
value utilizing your airline frequent flier
miles or transferring points from other credit card programs.
Since there is no award chart to use as a guideline, you'll have to compare the cost in
miles with the
dollar cost
of purchasing a ticket to determine if you're receiving good
value.
With Barclays, you earn two
miles per
dollar spent and get 5 percent
of your redeemed
miles back so you're getting a 2.2 cent
value per
mile, more than twice the usual rate.
Despite the longer name, the VentureOne card is actually the lower -
value product, offering 1.25
miles per
dollar spent and only carrying a sign - on bonus
of 20,000
miles with a $ 1,000 spend in the first three months.
Offering guests more than 32
miles of delightful white - sand beaches, Gulf Shores, Orange Beach and Fort Morgan provide plenty
of value for your vacation
dollar.
The chart below compares the
miles or points cost
of a gift card to the
dollar value of the same rewards when put toward flights:
You would get 2.2 cents
of value per
dollar of credit card spending, which oftentimes would beat the
value from using airline
miles for rental cars.
As far as earning multiple points per
dollar goes, you're absolutely right, though my analysis was based on the
value of each individual
mile.
Aside from the questionable
value of Virgin Atlantic
miles (more on that later), 5.67
miles per
dollar and 4
miles per
dollar are excellent earning rates, but not necessarily «signup bonus» size rates (see «Measuring signup and retention offers with an X»).
Since that extra spend won't help to earn bonus
miles or MQMs, it will drag down the overall
value per
dollar of my Delta spend.
Getting the most bang for your buck Although airline credit cards often reward one air
mile per
dollar of spending, the
value of an air
mile varies significantly depending on what it is used for.
Competition has really pushed up the
value of sign - up bonuses, which are often worth hundreds
of dollars, if not more, in points or
miles.
-- New ways to use
miles: The best
value for your
miles, hands down, is a free air ticket that would cost you thousands
of dollars if you had to buy it.