Not exact matches
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.
If you transfer your points to partners with
valuable award charts, it is not very difficult to achieve
redemption values of at least 2 cents / point (often 3 - 4) which widens the value disparity even more.
Most
valuable option: Your primary option for point
redemption will be to turn in your SkyMiles for an
awards flight where a certain amount of miles can be used in exchange for a flight.
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.
This tends to make hotel loyalty programs more expensive than airline programs, which means
award redemptions often aren't as
valuable.
Most folks believe Membership Rewards points are more
valuable than that since you can transfer them to a number of airline partners for premium
award redemptions.
Any long - haul economy
redemption on the EarlyReturns
award chart is a good deal, but flights to Costa Rica are particularly
valuable.
If you can ever find a promo
award to Europe for 25,000 in economy, that's one of the most
valuable sweet - spot
redemptions available.
Yesterday American Airlines announced a huge number of changes to their AAdvantage loyalty program, including much higher
award prices for their most
valuable redemptions in business and first class.
You can book an
award stay at the Hilton Garden Inn Hanoi for no more than 10,000 Hilton points per night, making it another
valuable Hilton
redemption.
That
award chart is particularly
valuable for premium cabin
redemptions, since business class and first class
awards cost 2 and 3 times the cost of economy, respectively, instead of the 3 and 4 times charged on the standard Executive Club
award chart.
If you transfer your points to partners with
valuable award charts, it is not very difficult to achieve
redemption values of at least 2 cents / point (often 3 - 4) which widens the value disparity even more.
But it's not nearly enough to just allocate them some kind of uniform valuation, as some miles may be very
valuable for a given type of
redemption (e.g. Avios for short - haul economy
awards) and quite a poor value for other types of
redemptions (for Avios, ultra long - haul in a premium cabin with high mileage cost and often high fuel surcharges).
I think what while the economy
award redemptions aren't the most
valuable, the business class
awards still offer great value despite the fees on a round trip
award.
I would never hesitate to speak for Scott, so what I think Scott was trying to say is that certain points (such as American Express Membership Rewards earned on a Platinum card, which was the actual subject of his post) are so incredibly
valuable when used for premium cabin
award redemptions on a regular
award chart that it's almost a shame to not maximize them for that purpose.
It's just added a discounted
redemption option for short - haul
awards in the US, potentially making it even more
valuable.
While some regions were hit hard — especially in first class — there will still be a few
valuable redemptions with the new
award chart.
However, that doesn't mean that every
redemption makes sense, as there are Marriott
awards that provide outsized value and SPG
awards that aren't as
valuable.
People love Aeroplan because they offer some pretty great
redemption options (90,000 miles for business class to Europe, though they've recently changed their
award chart to be less
valuable)-- see here for details, and they love ANA because with their distance - based rewards you can get some great values (63,000 ANA miles for a business class ticket on Virgin to London which until recently did not require Virgin's outrageous fuel surcharges).
Even though I will make exceptions to my 2 cents per point threshold with other
award currencies, Starpoints are too
valuable to me to consider any
redemption that does not get me over 2 cents per point.