Sentences with phrase «value of a reward divided»
The different values of Citi ThankYou ® Points are calculated by taking the cash value of a reward divided by the number of points it requires.
https://www.nerdwallet.com/ Not exact matches
All you need to do is look at the number of points or miles needed to earn a certain reward and divide that amount by its value (in dollars).
We extract the value per point through the Marriott Rewards card by dividing the dollar cost of a stay by the same cost in points.
«The value of the WAIS Divide core as a high - resolution climate record is clear in these latest results and is another reward for the eight - year effort to obtain it.»
To reach the break even between cash - back and travel credit cards, we assumed five years of card ownership — taking the total rewards multiplied by our internally calculated rewards value, subtracting the annual fee, adding in the sign - up bonus and any easily quantifiable perks, and dividing it all by the total spending.
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).
We extract the value per point through the Marriott Rewards card by dividing the dollar cost of a stay by the same cost in points.
To calculate the value of a single point, divide the dollar value of a reward by the points needed to unlock it.
If you want to calculate the overall rewards rate based on how much you spent, divide the value of the points you earned by the amount of money you spent to get them.
The rewards rate for each card is the dollar value of rewards, perks and bonuses earned divided by the amount of spending you make using the card.
The Net Rewards Rate for each year is the value of rewards earned minus annual fee divided by the amountRewards Rate for each year is the value of rewards earned minus annual fee divided by the amountrewards earned minus annual fee divided by the amount spent.
To calculate the Net Rewards Rate, we take the value of points earned (100,000 points x $ 0.01125), subtract the annual fee ($ 50) and divide by the total money spent ($ 100,000).
To calculate a rewards rate, we divided the net rewards value by the total spending over the time period so that $ 492 in annual rewards accrued on $ 24,600 in annual spending would be a rewards rate of 2 percent ($ 492 ÷ $ 24,600 = 0.02).
One way to calculate the value of credit card rewards is to divide the retail cost of the underlying reward by the number of points required to get the reward.
To calculate the Net Rewards Rate, we take the value of points earned (100,000 points x $ 0.01125), subtract the annual fee ($ 50) and divide by the total money spent ($ 100,000).