But understand that you're getting
a lower value per point.
However, even though you'll get
a lower value per point when redeeming for Acela trains, it can still be a good value.
But understand that you're getting
a lower value per point.
Turning themselves into
a low value per point program for travel purchases doesn't seem like a winning strategy.
Not exact matches
To make the illustration more meaningful the
points are colored based on their quintile scores as
per simulated teachers»
value - added divided into the
lowest 20 %, next 20 %, etc..
Hilton
points are usually
valued lower than others on the list and, to compensate for this, you will receive 1.5 HHonors
points per ThankYou
point.
By contrast, the old JetBlue credit card came with a bonus of just 20,000 TrueBlue
points which, at a
value of $ 0.012
per point, totals just $ 240 — 52 %
lower than the Chase Sapphire Preferred ® Card bonus.
A
low -
value redemption, like redeeming for cash, will give you 1 cent
per point.
Due to a combination of transfer ratios and
point values, both trades would end unfavorably for you and result in a «
per point»
value lower than the general $ 0.01
value you can typically get for each MR
point.
Spirit has a complicated pricing structure for awards, and while it advertises some very
low point prices that can yield great
value if you're very flexible and patient, more often you'll end up getting close to 1 cent
per mile in
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.
The exchange rate works out to a much
lower per -
point -
value.
However, bond exchange traded funds (ETFs) provide
low management fees often just 25 basis
points (that's 1/4 of one
per cent) of net asset
value and offer diversification and liquidity.
The following options are also available to redeem your
points, but most offer a
lower per point value of $ 0.01.
Now, 125
points are worth $ 1 for a
value of $ 0.008
per point, which is a bit
lower of a
value.
However, a redemption rate of 1 cent
per point is as high as it gets, with many merchants offering an even
lower value.
However, we don't recommend either of these options — as you can see from the chart above, the
value for your
points is very
low — only 0.8 cents
per point.
For example, a
lowest fare first class ticket will give you a
value up to 1.6 cents
per point.
It is possible to find higher redemption rates for your
points, but in some cases (especially with
lower cost flights or hotel nights), the 1.5 cents
per point value can be better than redeeming for an award directly through the airline or hotel programs.
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.
However, a redemption rate of 1 cent
per point is as high as it gets, with many merchants offering an even
lower value.
If you redeem at the
lower end of the award bands, the
points required and consequent required
value per night will be
lower.
While you have the option to apply
points as statement credit, the
value is
low at $ 0.006
per point.
For example, a
lowest fare first class ticket will give you a
value up to 1.6 cents
per reward
point.
Because TrueBlue
point redemptions can have
values as
low as 1 cent
per point (or
lower), in some cases it will be a better
value to book JetBlue Mint through one of your bank
points accounts.
The Citi card's dining and entertainment bonus clocks in at just two
points per dollar spent, which is relatively
low for a rewards card, but cardholders with an active lifestyle should still be able to squeeze a substantial amount of
value out of this entertainment - themed credit card.
Now, 125
points are worth $ 1 for a
value of $ 0.008
per point, which is a bit
lower of a
value.
The following options are also available to redeem your
points, but most offer a
lower per point value of $ 0.01.
Marriott offers
low - level status for free, and one night stay after each $ 3,000 of spending, but earning only one Marriott
point per dollar spent on most purchases is a poor
value.
The middle fare class is called Anytime, which offers
lower values, typically around 1.2 cents
per point.
If that's the case, then the cents
per point value for your preferred travel goals might be a bit
lower (more on that below).
The
per -
point monetary
value on all SPG Moments packages tend to be a bit
lower than Starwood hotel redemptions, but some of the available events sound so fun and unique that you might still want to consider spending some of your Starpoints on them.
A
low -
value redemption, like redeeming for cash, will give you 1 cent
per point.
Though somewhat
lower value than other dining programs out there, TrueBlue Dining will earn you 1 TrueBlue
point per dollar when dining at restaurants in the network.
But when you can book these flights for a relatively
low amount of miles, you receive a very high amount of
value per point redeemed.
Personally, I can't imagine this type of redemption being worthwhile, as I think the cents
per point value will likely be very
low.
If you
value Hyatt
points at 1.5 cents
per point (which is on the
low side) that's a return of 8.25 % back, which is actually a very competitive earning rate for bottom tier status compared to Hilton, SPG, IHG, etc..
Amex allows you to redeem
points by booking directly through the Amex Travel website, however the
point values you will realize using this option are quite
low (1 cent
per point or less).
If you want to redeem Capital One miles for gift cards, which are available for some travel brands, such as Ritz Carlton, you'll find much better redemptions than most loyalty programs, with gift cards and certificates starting as
low as $ 10, always at a consistent 1 - cent -
per -
point value across all brands.
Though the maximum bonus seems
low compared to other cards, the high
value of the
points (typically
valued above 2 cents
per point) makes it comparable to the 50,000 maximum bonus for many other high -
value transfer
point cards.
(Similarly, the Ultimate Rewards ®
points you earn with a Sapphire card can be redeemed for cash back, but this method of redemption is considered to give you the
lowest per -
point value.)
For most programs, cash back redemption will provide the
lowest per -
point value, while redeeming for travel or transferring
points to an airline or hotel partner can provide great
per -
point value.
While this card will never offer the outsized
value possible with transferable currencies, it is useful for redemptions when the cents
per point value of other cards would be relatively
low.
He tracks all the hotel searches conducted through the tool, as well as the cash price and the
point price
per room in those searches, resulting in an average and median
point value, as well as the highest /
lowest value found (you can see his data here).
To determine the
value of your
points for a specific trip, divide the cash price by the number of
points required; you'll generally get a result somewhat higher or
lower than 1 cent
per point.
You can check on a hotel that you have in mind with the Hilton Honors Calculator But because Hilton is eliminating award charts and categories, it will also make it much easier to adjust the
points needed (aka devaluate them) until they also reflect a
value of 04 - 0.5 ct / pt, eliminating great
value options at the
lower end of the Hilton brands, like the Hilton Garden Inn on Bali where I stayed for 5,000
points per night when the rate was $ 87 / night a 1.7 ct / pt
value or the Doubletree Kuala Lumpur where I paid 10,000 pt / night instead of $ 127 / night, a 1.27 ct / pt
value.
The Membership Rewards program really falls short on its cash back redemption option — you get a very
low value of 0.6 cent
per point when you redeem
points for statement credits.
So, unless you pair these cards with a premium card, your
point value is
low — only 1 cent
per point for most redemption options, including travel.
Depending on which one you transfer to, and the specific itinerary you will book with it, you may end up with «
per point values» well over $ 0.03 or
lower than $ 0.01.
While 1.6 cents is what I regard as a
low valuation for
points (I prefer to redeem my miles and
points for at least 5 cents
per point in
value, if not 8 or 10 cents or more
per point), 1.6 cents isn't horrible given that you'd also be earning miles on the paid flight.