But I also recognized that if I'm doing any un-bonused spend, I'm
effectively buying points at 2 cents apiece, since I could otherwise be earning two cents per dollar spent.
Using this measure, if your credit card gives you only one point for each dollar you spend, then you are
effectively buying points for 2 cents each whenever you make a purchase.
When using the cash & points option for Category 1 — 3 properties or Category 8 — 9 properties I'm
effectively buying points from Marriott at over $ 0.007 / point... so, to me, that's a bad deal.
On the other hand, if I use the cash & points option for Category 4 — 7 properties, I'm
effectively buying points from Marriott below my own valuation (at a discount) which makes it good value for money for me.
Not exact matches
While the
points made by these gentlemen are both valid and critically important, they fail to take note of four other dangerous subsidies: (1) the market perception that the Washington and Wall Street revolving door has rendered these firms immune from prosecution — even for repeated, illegal cartel behavior; (2) the ability to spend billions
buying back their own stock,
effectively propping up their own share price and bad behavior; (3) self - regulation with compromised bodies creating the market perception and reality of a competitive edge; and (4) Congress and the Supreme Court tolerating Wall Street running its own private justice system (mandatory arbitration) where corrupt acts are kept hidden from public view until they blow up into catastrophic events to the economy.
To drive this
point home, Animals Asia, an international animal welfare organization that works to end the dog meat trade in Vietnam and China, released an open letter in conjunction with 35 China - based rescues, urging animal rescuers to abstain from
buying dogs from the event, and citing the practice as counterproductive and damaging to the growing anti-dog meat movement within the country (Founder Jill Robinson also released a very insightful article several days later that explains her organization's stance on how to most
effectively end the festival and the trade).
This is because if you assume the cash you spend on a
Points + Cash redemption is effectively buying back points, you're buying back 20 % fewer points for the same amount of
Points + Cash redemption is
effectively buying back
points, you're buying back 20 % fewer points for the same amount of
points, you're
buying back 20 % fewer
points for the same amount of
points for the same amount of money.
Don't
buy points in the hopes that you can use them
effectively some time in the future (that's a terrible idea),
buy points only if you can see an economical use for them in the near future.
Back in November there were a couple of fantastic Choice Privileges
points sales that, thanks to a number of stackable promotions,
effectively allowed you to
buy United Miles from as little as 1.13 cents each.
Someone who
bought points in this promotion (at 0.56 cents each) would
effectively pay just $ 448 for the night (80,000 x $ 0.0056)-- a great saving of over $ 120.
Even though these are marketed as Car Rental, you are
effectively buying Hertz Gold Plus Rewards
points.
When choosing one card or the other, you need to balance your plans to apply for the bonus or as a long - term cardholder and whether you're comfortable paying a higher fee when you are
effectively «
buying»
points.
Not that long ago, I wrote about a way in which you could use a Choice Privileges
points promotion to
effectively buy United Miles for as little as 1.13 cents each.
those
points that you
buy would
effectively get you two award nights — and that can be great value.
I made the most of a recent Choice
points sale when United Airlines was offering a bonus for transfers of hotel
points to Mileage Plus and I ended up
effectively buying United Miles for just 1.13 cents each.
If you hunt around it's very easy to find IHG properties where you can book a
Points & Cash rate where you're effectively buying 15,000 IHG Rewards points for $ 87.12 (after the 12 % discount is app
Points & Cash rate where you're
effectively buying 15,000 IHG Rewards
points for $ 87.12 (after the 12 % discount is app
points for $ 87.12 (after the 12 % discount is applied):
Effectively, for every night at the Andaz, I would have been
buying 12,500
points from Hyatt at a cost of $ 150 — which comes to $ 0.012 per
point.
If you hunt around it's possible to find IHG properties where you can book a
Points & Cash rate where you're effectively buying 15,000 IHG Rewards points for $ 85 (after the 15 % discount is app
Points & Cash rate where you're
effectively buying 15,000 IHG Rewards
points for $ 85 (after the 15 % discount is app
points for $ 85 (after the 15 % discount is applied):
In the case above, if you selected the 50,000
points + $ 70 option, you would
effectively be
buying IHG Rewards
points for 0.7 cents each.
As it happens, Category 6 hotels are the sweet - spot for Hyatt Gold Passport cash &
point redemptions because, for Category 6 hotels, guests are paying the lowest rate for the
points they are
effectively buying.
As the table below shows, the sweet spot for cash and
points booking is with the Category 6 properties where you're
effectively buying Hyatt Gold Passport
points at 1.2 cents each... which is a very good deal....
11 of the top InterContinental hotels will now set you back 60,000
points / night so, if you were
buying points with a 75 % bonus to book such a property, you would
effectively be paying $ 396 / night.
It lets you
effectively «
buy» Starpoints at under 2 cents a
point and I value SPG
points at around 2.5 cents.
Makes it all work and it's
effectively buying miles at 1 penny a
point.
Often, for example, people
effectively buy miles by putting spend on
points earning credit cards.
Mileage Run Shopping:
Buying 162,000 Miles for $ 500 In this post, I suggested a way to take advantage of an Ultimate Rewards promotion to
effectively buy 162,000 Ultimate Rewards
points for $ 500.
Hyatt's
Points + Cash award chart effectively values points at up to 2 cents each — you are «buying» points at up to 2 cents each to save those points already in your ac
Points + Cash award chart
effectively values
points at up to 2 cents each — you are «buying» points at up to 2 cents each to save those points already in your ac
points at up to 2 cents each — you are «
buying»
points at up to 2 cents each to save those points already in your ac
points at up to 2 cents each to save those
points already in your ac
points already in your account.
Sales Manager — Duties & Responsibilities Provide operational support across a wide variety of industries Responsible for product inventory, pricing, sales, and logistics Oversee company financials through QuickBooks and
Point of Sale Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study internal literature to become an expert on products and services Interact with support staff and company resources
effectively to create the best consumer experience Conduct
buying operations to locate and secure quality materials at affordable prices Negotiate and execute contracts with C - Level decision makers Train staff ensuring they understand the brand and adhere to company policies and procedures Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Strictly adhere to budgets and schedules Plan and execute successful special events including grand openings, graduations, etc.. Provide administrative assistance including phones, data entry, and reception as needed Perform legal research assisting attorneys with varied caseloads Represent company brand with poise, integrity, and positivity