The security is generally sold at a discount, and
redeemed at full value.
The card has a relatively high $ 100 redemption threshold, requiring you to accumulate 10,000 miles before you can
redeem them at their full value.
Not exact matches
Special features, such a call feature, allow either the bond issuer or the bond investor to
redeem the bond
at full value before the stated maturity date.
The biggest benefit I've found is that you can also submit auto service statements to
redeem rewards points
at the
full dollar
value as opposed to getting cash from the rewards program (which, you know, usually only gives you about 50 % of what you've earned).
While I travel enough to have no difficulty finding purchases to
redeem my miles against, if you're an infrequent traveler or don't spend very much money on your existing credit cards, you may find yourself struggling to
redeem your miles
at their
full value.
Bonds are not necessarily issued
at par (100 % of face
value, corresponding to a price of 100), but bond prices will move towards par as they approach maturity (if the market expects the maturity payment to be made in
full and on time) as this is the price the issuer will pay to
redeem the bond.
Hardly worthless Schrute bucks, these currencies generally allow local residents to purchase them
at a discount and then
redeem them for
full face
value at local merchants.
Residual bonds and stripped coupons are purchased
at a discount and
redeemed at their
full nominal
value at maturity, although they may be sold in whole or in part before maturity.
As I've just mentioned,
full - service Accor properties offer an earning rate of 2.5 points / Euro (which,
at the moment, is 2.85 points per GBP) and Accor allows you to
redeem those points
at a
value of $ 0.02 each.
Or if you're
redeeming for a premium cabin award, you'd never pay such an exorbitant amount of actual money, so it's not fair to calculate the redemption
at full cash
value.
In general, you should still be able to
redeem Avios
at 3 - 4 cents per point or more, which is more
value than you'll get from most hotel point redemptions, and this is why I'd recommend this card above most Chase hotel cards apart from the Hyatt Visa, even if you have no intention of spending $ 20,000 on the card to earn the
full 100K bonus.
You get the best redemption
value when you
redeem for statement credit against travel purchases
at one mile being worth a
full cent.
All guests making reservations with Five Star Alliance will receive complimentary unlimited entrance to the hot springs resort, Costa Rican breakfast for 2 daily
at Los Tucanes Restaurant, 2 cocktails of the day
at the Arenal Pool Bar, exclusive access to Shangri - La Gardens adult's only hideaway, and a $ 75 spa coupon per room (not combinable, no cash
value if not
redeemed in
full, some restrictions apply).