Yes, it's true that on the whole business / first class redemptions will get
you a higher cent per mile ratio, but that...
Not exact matches
Ford claims that drivers will be able to recharge the vehicle's 23kWh,
high - voltage, lithium ion battery in 3 to 4 hours on 240 - volt power and that, with the help of utility rate - aware charging software developed by Microsoft, a full charge will cost about $ 2 to $ 3, or about 4
cents per mile.
But when points and
miles are redeemed strategically for
high value award flights and luxury hotel stays, then it is often possible to receive three to five
cents in value
per point, which is much better than the best cash back reward cards.
Booking with «Wan na Get Away» will always get you a
higher value than the other two classes, meaning values above 1.1 and 0.9
cents per mile.
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.
US Airways seemed a bit
high at 2.15
cents per mile, but then again the program's restrictions are offset by a very generous award chart.
In subsequent years I'll be able to earn 70,000 Skymiles and 20,000 MQM at a cost of up to $ 545, or 0.77
cents per redeemable
mile, without taking into account the benefits of
higher Delta Medallion elite status than I would otherwise qualify for.
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).
For example, you can get several
cents in value
per point when you transfer your rewards to airline
miles, and then redeem those
miles for premium class international awards or last - minute flights with
high walk up fares.
Indeed, that's now over 2
cents per mile which is way too
high for AAdvantage Miles now that the award charts have been devalued.
In low season, this flight costs $ 850, giving you a 2.4 -
cent value for your
miles, while in
high season, when flights are regularly $ 1,500
per person round - trip, you can get more than a 4 -
cents -
per -
mile value.
With its $ 150 yearly charge, it was
high, but it allowed me to gain a
higher level of Elite status for just 1.5
cent per EQM, which is MUCH cheaper than most
mile runs.
Even though the taxes and fees on premium cabins are naturally
higher, first class flights still pack a powerful punch in terms of
cents -
per -
mile value:
If you're looking to book international flights in premium cabins, those fares tend to be quite a bit
higher than domestic first, so while you'll still get two
cents per points in value, you'll likely need fewer points or
miles to book traditional award tickets.
End of the day, United is requiring a minimum spend of 12
cents per mile flown in order to earn elite status, and their average fare is
higher than 12
cents.
We found the
highest redemption values on Wan na Get Away fares, both domestic and international, at 1.6
cents per mile.
If you book during this sale for 64,000
miles and $ 125 round - trip, you'll get around 3.2
cents per mile on this flight (accounting for taxes and fees)-- much
higher than the 1.4 -
cent - valuation we give to each United
mile.
For the most part, domestic flights consistently fetch between 1.4 and 1.6
cents per mile, while international flights (PUJ and BOG) seem to get a bit
higher value of 1.6 to 1.9
cents.
For United, the only way to know if you are getting a good deal is if you divide the price by the
miles and see if it
higher than 1.2
cents per mile.
But when points and
miles are redeemed strategically for
high value award flights and luxury hotel stays, then it is often possible to receive three to five
cents in value
per point, which is much better than the best cash back reward cards.
Nonetheless, the convenience of advance award availability on such stellar partners pushes my valuation slightly above the
higher end of the range of the above examples: my valuation is 2
cents per American AAdvantage
mile.
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.
At 1.2
cents per mile, airline
miles are generally valued
higher than hotel points.
If you multiply your annual 7,200 mileage by the
higher per -
mile cost — four
cents — you can expect a mileage charge of just $ 288 for the year.