Sentences with phrase «value of one's miles»

Therefore, the redemption value of miles for this flight would range from 4.2 to 5.7 cents per mile.
Finally, let's check into the monetary value of these miles earned by our model families.
The average value of a mile is around $ 0.01, though sometimes you can have significantly better returns if you shop around enough.
Additionally, the exact value of each mile depends on the program you are enrolled with, other methods you use to accrue miles and how you decide to redeem those miles.
Let's compare 2 scenarios to better understand the redemption value of your miles.
The cash value of the miles are not able to be insured.
Additionally, the exact value of each mile depends on the program you are enrolled with, other methods you use to accrue miles and how you decide to redeem those miles.
Next, let's calculate the travel value of the miles earned by each value based on the formula $ 0.01 / mile, rounded down to the nearest dollar.
As for the actual value of the miles, I couldn't find any interesting redemptions, as it seems that the earn: burn ratio is rather poor.
We next need to determine whether the dollar value of the 50,000 extra points you are spending is less than the dollar value of the miles you are receiving.
Based on the example above, that makes the total monetary value of the miles $ 2,259.60.
This is one of the disadvantages of not using a co-branded credit card, where you would get the full value of your miles.
Redeeming with American Airlines is the most beneficial method of extracting maximum value of these miles.
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.
You'll wind up with 50,000 Virgin America Elevate miles worth about 2.2 cents each — or over $ 1,000 for your 80k MR.. But that's still only a 1.2 c value of your miles.
With the massive sign - up bonuses and the ability to earn miles on some credit cards just by swiping, the effective value of my miles is being diluted, and the availability of seats is only going to get worse.
Southwest with the companion pass is a hell of a value (ex: approx cash value of miles for 2 tickets RT around $ 130 each).
When using a generic airline card, the bank actually takes the cash value of your miles (approximately 1 cent to 2 cents per mile) and purchases a discount ticket on any airline you choose.
This is one of the disadvantages of not using a co-branded credit card, where you would get the full value of your miles.
Yet, the actual value of those miles has fluctuated drastically and generic miles such as those offered by the Venture card are quite different from airline miles.
As noted above, the average value of these miles is $ 0.017.
With other rewards programs such as Delta, American and United, major international carriers, the value of a mile can fluctuate drastically across the world, and can be very low for domestic flights.
In order to calculate the value of a mile for each airline listed below, we collected dozens of itineraries for popular domestic economy class round - trip routes.
Unlike other airline credit cards where the value of a mile or point changes based on the date or route selected, the Propel World credit card simply divides the cost of the airplane ticket by 0.01 to determine the points needed.
The value of miles in that category has been lowered by around 20 %, as discovered by some surprised and angry collectors.
As pointed out above, depending on how and when you choose to book your travel, the value of your miles can vary greatly.
The airlines that do allow for it will typically reduce the value of your miles for a cash + miles redemption.
With other rewards programs such as Delta, American and United, major international carriers, the value of a mile can fluctuate drastically across the world, and can be very low for domestic flights.
We researched the value of these miles by analyzing the ticket costs of various flights and weighing them against the cost of those same flights with SKYPASS miles.
In order to better understand the value of miles and the rewards rate you can expect with this Korean Air credit card, look to the SKYPASS Miles section below.
Cents Per Mile (CPM) is a way to measure the value of miles or points.
Cents Per Mile (CPM) is a way to measure the value of miles.
The first time you make a purchase with this SKYPASS credit card, you receive 5,000 bonus miles — the value of these miles is on average $ 51.50 if redeemed for a flight.
Two stopovers are permitted on round - trip awards, which can really help you stretch the value of your miles.
Of course, you should NOT be doing this because the interest charges are very high and negate the value of any miles and points earned.
The value of those miles then are: 3,030 miles x $ 0.017 = $ 51.51.
You can read more about the value of miles here.
This puts the value of the miles at 2.1 cents per mile.
You can also redeem your miles for hotel stays and merchandise, but the value of each mile decreases from more than one cent per mile to less than one cent per mile if you choose options other than redeeming for flights.
The maximum transfer to the airline offered in this award is 50,000 miles, so it is each member's responsibility to verify with their desired airline the value of these miles for air travel awards.
However, paying the annual fee to receive 10,000 bonus miles isn't that economical compared to getting the waiver, since the value of those miles is roughly S$ 100 for most consumers who redeem it for economy class flights.
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