For instance, the average
value of a mile spent on air travel is $ 0.21 cents whereas the purchase of a common electronic item like a TV can yield a much lower value of about $ 0.0655 per mile.
Not exact matches
In its survey, WalletHub also singled out the Lufthansa credit card as the best for airline rewards, due to its signing bonus
of 35,000
miles if you
spend at least $ 1,000 in the first three months — a
value of about $ 780 in airfare, according to WalletHub's calculations — as well as the lack
of foreign transaction fees.
Between the high rewards rate on general
spending, and the ability to transfer rewards points to airline
miles, there is a lot
of good
value here.
Explain the
values that are driving your decisions, whether you're concerned about the environment and therefore don't want to purchase plastic do - dads made thousands
of miles away or whether money is tight and your family needs to be smart about how it's
spent.
With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels
of performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster
of a car I've had some brief track opportunities moving this morning to get used to the pace
of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort
of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line
of the hood it kind
of dominates the center
of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind
of speaks to what makes this car special it's a monster
of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150
mile - an - hour indicated we're going to ease up a little bit on it because I need to focus on talking rather than driving but like I was saying the attributes
of the rest
of the car the steering the braking capability the grip every system
of this car is riding to the same level
of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its performance potential there's a level
of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power
of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet because the limits
of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music] because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50
miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track performance package a lot
of those changes happen underneath the sheet metal but one
of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure
of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking for the track performance this thing delivers also giving you that performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front
of the thing what really matters is what's under the hood that's right there's actually a hole in the hood
of this thing and that's because this engine is so tall it's tall because it has a larger supercharger and a bunch
of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top
of the vehicle this all makes for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level
of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot
of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme performance machine deals with the sort
of more civil minded stuff
of street driving the track impressions remain this thing is unquestionably one
of the most capable cars you can get from a dealer these days a lot
of that's besides the point now because we're on the street we have speed limits they have the ever - present threat
of law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little firmer but it's certainly livable on a day to day basis that's surprising for a vehicle
of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you
spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort
of a shrine to it the way it pops out
of the hood the way it's covered with coolers around the sides it is the experience
of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some
of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out
of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt for the manual although Chevy tells me about 80 %
of its customers will go for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a strong
value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track performance per dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]
Further adding to the
value of the Metris are 15,000 -
mile service intervals, meaning it will
spend less time in the shop and more time doing its job over the life
of the vehicle.
With a card like the CitiBusiness ® / AAdvantage ® Platinum Select ® World Mastercard ®, after
spending $ 3,000 in the first three months
of opening an account, you automatically earn 60,000 AAdvantage
miles - a $ 390
value based on our valuation.
Between the high rewards rate on general
spending, and the ability to transfer rewards points to airline
miles, there is a lot
of good
value here.
In addition to this, Barclays Arrival ™ World MasterCard ® cardholders who
spend at least $ 1,000 within the first 90 days
of opening their account receive a bonus 20,000
miles - an estimated
value of $ 210.
Annual
spending of $ 13,000: Charging $ 13,000 a year on my Capital One ® Venture ® Rewards Credit Card gets me 26,000
miles, or $ 260 in travel redemption
value.
Considering the
value of bonus
miles of the Alaska Airline Mileage Plan, this is quite a hefty gift to receive without any sort
of spending requirement for the first few months
of holding the card.
The Capital One ® Spark ®
Miles Select for Business's bonus, on the other hand, results in a rewards rate
of just 8.2 % (the total
of $ 200 bonus
miles and $ 45
miles value divided by $ 3,000
spent).
It may be useful to know which credit card is best in terms
of total points or
miles and dollar
value after one year
of typical
spending, primarily focused on grocery store and restaurant purchases.
We based this range on different types
of spending, from those with the highest rewards potential to the lowest, and an AAdvantage
miles value of $ 0.017 per
mile (based on sample flight itineraries).
Combine your bonus
miles valued at $ 400 along with the monthly
spend of an average pet owner — this card will have you planning your next vacation in no time.
Combine your bonus
miles valued at $ 500 along with the monthly
spend of an average woman — this card will have you planning your next vacation in no time.
To earn $ 195 in
value, you'd have to
spend $ 9,750 in airfare with Delta (at 2x
miles per dollar), which is pretty high for a typical year
of personal travel.
Mileage Bonus Until June 30th, 2015 cardholders will earn an additional 50 %
miles if they
spend just a few minutes to register their card on the Barclays website.These extra bonus
miles are capped at 10,000 — a potential $ 170
value based on our analysis
of each AA
mile's worth.
However, if you book that same trip after you have reached at least $ 25,000 in
spending, it would only cost 52,500 — a savings
of 17,500
miles (a $ 455
value).
We estimate the
value of a single Flying Club
mile to be $ 0.026, placing this card's rewards rate between 3.9 % and 7.8 % - depending on how your
spending breaks down.
However, the card is best for businesses who plan to
spend at least $ 50,000 on the card in order to unlock the full
value of the annual
miles boost, which is worth $ 260 per year.
The cards
value is increased with its high, uncapped rewards
of 2x
miles per $ 1
spent.
I had a CapitalOne «No Hassles» mileage reward card I stopped using in 2009 and it took me 3 years to use the
miles at maximum
value (1 %
of the cash
spent to accrue them).
If he collects his
miles until the end
of the year, based on the average
spending described above, he could have 160,000 total
miles ($ 1,600 redemption
value) to use toward statement credits for qualifying travel expenses.
With Pay with
Miles, you will
spend miles in chunks
of 5,000 at a redemption
value of $ 50.
One last thing we'll calculate is the
value of actually
spending the $ 25,000 to get the 10,000 -
mile bonus from the card.
To calculate its
value, we'll look at the
spending of the families versus the 10,000 -
mile bonus and the
miles earned from
spending.
All
values are based on our own estimates for the dollar
value of any points,
miles or bonuses earned using a card and on the
spend assumptions entered above (which you can edit).
After that, you pay just $ 59, which can be easily covered by the
spending you put on the card and the
value of the
miles you earn.
While the Gold Delta SkyMiles card also offers a 60,000 -
mile sign - up bonus with similar
spending requirements, the AAdvantage cards come out far ahead
of the Delta card thanks to the high
value of AAdvantage
miles.
Spending the
miles for this specific flight offers a
value of 5.42 cents per Skymile, which really is incredible
value for Delta Skymiles if you're set on flying the A350's inaugural in the Delta One cabin.
Unfortunately, independent
of the sign - up bonus, it is really only good for people who have a slightly different
spending profile than myself, and who
value Aeroplan
miles or Delta
miles at rates significantly more than I do.
We all know the
value of points,
miles, and cash back from credit cards and the great return that you get for the time
spent.
Reading this chart is simple: if you're redeeming 70,000 Gold Points for one night at a Category 7 Club Carlson property, your imputed redemption
value is $ 308, since that's the
value of the Barclaycard Arrival
miles you could have earned with the same $ 14,000 in manufactured
spend.
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).
Basically, you need to estimate how much you're likely to
spend in each
of the card's bonus categories over the year, multiply that amount by the rewards
value (don't to forget to figure in the
value of points if it's a points or
miles card), add in the sign - up bonus and subtract the annual fee.
With a
value of a little more than 1 cent per
mile for most flights, you'd need to earn at least 9,500
miles a year or
spend about $ 396 a month on Delta purchases to offset this fee — a target that should be easy for business travelers to hit.
To calculate its
value, we'll look at the
spending of the families versus the 10,000 -
mile bonus and the
miles earned from
spending.
One last thing we'll calculate is the
value of actually
spending the $ 25,000 to get the 10,000 -
mile bonus from the card.
While we estimate the
value of Free Spirit
miles to be about 1.5 cents each, it's helpful to remember that you'll also be earning those
miles at a rate
of two per dollar
spent.
Which offer is best for you depends on whether or not you want to bother with the
spending requirement and what kind
of value you plan on getting out
of the
miles.
The American Express SPG credit card has long been a favorite amongst
miles & points collectors thanks to the
value you can get out
of the Starpoints that you earn from
spend on the card.
Considering it's often remarkably easy to get over 1.0 cent /
mile in
value out
of MileagePlus
miles when they're
spent on airfare, 0.83 cents /
mile in
value is a poor redemption.
The Venture card also offers a sign - up bonus
of 20,000
miles (a $ 200
value) if you
spend $ 2,000 in the first three months.
Some people prefer making
value redemptions to maximize on luxury (like
spending miles travelling business class), while others simply want to increase their travel frequency and reduce out
of pocket expenses.
As you probably noticed you got 1 cent per
mile, while if I
spent my
miles on a First Class ticket somewhere I could increase the
value of my
miles dramatically, thus getting a much better deal.
Since the first year's sign - up bonus is 40,000
miles, you would need to
spend around $ 20,000 to cover the annual fee without taking into consideration the
value of the MQMs, which are one
of the main reasons to have the card.
If you
value AAdvantage
miles at 1.56 cents each, you'd have to
spend $ 3,206 on this American Airlines Citi card annually to justify paying the annual fee, which is not a lot
of spending.
You'll receive two
miles for every dollar
spent, so your $ 3,000 in purchases will earn an additional 6,000
miles, for a total
value of $ 560 when redeemed for travel.
Because this amount is less than $ 100 and the minimum
mile redemption is 10,000, you would have to
spend that many points and waste the
value of some
of your points!