In any case, especially given the extraordinary cost of many intra-South American flights, taking advantage of this stopover is a good way to really maximize
the value of their award tickets.
If you're forced to cancel your trip, don't expect your travel insurance provider to pay for the retail
value of your award ticket.
We mentioned this back in 2011, in Maximizing
the Value of Your Award Ticket with Stopovers and Open Jaws.
Plus, as we wrote in Maximizing
the Value of Your Award Ticket with Stopovers and Open Jaws, you can get a free one way on American, albeit only out of one of American's hub cities (Dallas Fort Worth, Miami, Chicago, New York JFK, Los Angeles LAX).
Not exact matches
This year's winner will receive two
tickets to the 2017 Audie
Awards Gala in New York City (
valued at $ 700), recognition
of their
award at the Gala, and a $ 200 cash prize.
The points
value changes as the price
of the
ticket changes, and
awards are not fixed -
value.
JetBlue prices
award tickets based on the cash cost
of a
ticket, though because
of leverage on taxes and fees you can get better
value booking cheaper
tickets with points.
It can often be difficult to put an exact
value on airline miles because the cost
of the
award ticket often depends on availability, date and time
of travel, and the popularity
of the route.
Off - peak
award tickets also result in better
value because the number
of points needed is determined by multiplying the price
of the
ticket by 110 versus 130 during peak periods.
If I can make as controversial a claim as is supported by the evidence, even the American Express Delta Platinum credit card, with its $ 195 annual fee and companion
ticket awarded on each account anniversary, only makes sense (compared to redeeming Arrival + miles) if you can consistently redeem the companion
ticket for flights costing more than $ 672 — the
value of the Arrival + miles you could manufacture with the same $ 195 in disposable income — or if you can use the Medallion Qualifying Miles earned with the card to achieve Platinum or Diamond Medallion status.
American Airlines surprised many today when it announced several customer - friendly changes to its frequent - flier program.The new «One - Way Flex
Awards» will allow customers to book one - way
tickets for half the amount
of miles needed for a round - trip
ticket, and will also let passengers book multi-city itineraries and combine
award seats with non-
award seats.Under the old paradigm, passengers could only book round - trips to and from the same city and were forced to fly in an
award seat
of equal
value for both legs
of the journey.This often made booking
award travel an exercise in futility — for example, an
award seat might be available only on an outbound journey, but not the return trip.But now passengers will be able to fly to New York in an
award seat, and return in a premium - fare seat if a return
award seat is not available.
It can often be difficult to put an exact
value on airline miles because the cost
of the
award ticket often depends on availability, date and time
of travel, and the popularity
of the route.
If you book an international business or first class
award ticket, the
value of your miles could be significantly higher.
Off - peak
award tickets also result in better
value because the number
of points needed is determined by multiplying the price
of the
ticket by 110 versus 130 during peak periods.
You can pair the Companion Pass with any
of the above
award tickets on domestic and international flights to maximize the
value you get out
of your trip.
Pair any sale
ticket with the Companion Pass to maximize the
value of your
award!
Aeroplan
award tickets can be
of great
value and can save you significant money.
You'd never be want to pay for those seats using Flexperks or Arrival points as you'd have to spend ungodly amounts to cover the cash cost
of the
tickets) To me, the flexibility to book seats I want, when I want, vastly outweighs maximizing the
value I could theoretically obtain IF I could find availability using «optimal»
award programs.
Large carriers such as American Airlines or United Airlines have a fixed price
award system, where taking an
award flight will cost the same amount no matter the cash
value of the
ticket.
Pay with Miles — You can use extra miles in 5,000 - mile chunks at a
value of $ 50 each to pay for part
of a cash
ticket,
award fees, and so on.
The
value of your points also increases when you hold this card since you get a 10 percent refund each time you redeem for an
award ticket.
One
of the worst ways to use your Hawaiian miles is with Jet Blue, which operates its own
award program on a
value - based redemption system that pegs the price in TrueBlue points to the current
value of the
ticket.
If you assume that $ 2,500 is a fair price for a Lufthansa Business Class roundtrip
ticket then, allowing for the $ 620 in fees you have to pay on the
award, 105, ooo miles is getting you $ 1,880
of value.
The cost
of award tickets, on the other hand, is based on the
Value level cash price.
Since the cost
of award tickets are based on the price
of the
Value fare, you'll get the same 2.89 cents per point for any route unless the cheapest Saver level fare is available.
• Don't hoard miles Despite the simple logic that you shouldn't squander
award miles when you could buy a
ticket for a low cash price, the
value of your miles isn't likely to increase, as
ticket prices aren't likely to rise significantly anytime soon.
You can redeem points for travel at a fixed rate
of 1.5 cents per point through Chase's portal, which puts a floor under the
value of your points and adds flexibility to book travel for cases in which no
award tickets are available.
While we all enjoy booking an extravagant first class
award to Asia and getting a massive amount
of value out
of our miles, the truth is
award tickets simply aren't available every time we want to book and some travel needs like domestic economy
tickets don't offer such great
value.
Calculate the redemption
value in terms
of cents per mile by dividing the cash price
of the
ticket by the number
of miles required for an
award.
Using the old off - peak MilesSAAver
awards, 40,000 AAdvantage miles for a round trip
ticket from Europe to Hawaii could be great
value for money when
ticket prices are in excess
of $ 1,400 (as they often are) and I've made use
of this
award on a number
of occasions myself.
The redemption
values for travel on Virgin Atlantic can be misleading because
of the surcharges you'll have to pay on
award tickets.
The points
value changes as the price
of the
ticket changes, and
awards are not fixed -
value.
UFly is a revenue - based reward program, which means that
award ticket prices are based on the cash
value of the flight.
As a result, it's hard to quantify the
value of SkyMiles as the price
of any
award ticket can vary.
I'll have an upcoming post about maximizing the
value of that program, but I thought I'd post about my first experience booking a NON Virgin America metal
award ticket with them.
But, as is usually the case in ANY
of these programs, buying points / miles outright is almost always a terrible
value and should only be done when you need a small number to reach a certain
award ticket level or something like that.
Since all Virgin America
award bookings are tied to the current cash fare
of a particular flight, the worst
value award tickets come when flight prices are especially high.
Dear Kathy, Usually when we think
of the topic
of taxation and frequent flier miles, it's a question about whether miles or
award tickets have a
value that should be accounted for on tax forms.
Miles earned on your Platinum Delta SkyMiles card can be redeemed for a variety
of awards, but the best
value is realized on saver level
award tickets.
After subtracting the total fees for the Flying Blue
award tickets of $ 28 the total
value of your redemption would be $ 3,062.
A good deal on any
award ticket is when the
value of redeeming your miles gets close to 1.5 CPM, though ideally it would exceed that.
In order for me to transfer Starpoints to American Airlines to book an AAdvantage
award ticket, the cash
value of that plane
ticket is going to have to give me a high cents - per - point
value.
You are ready to book a flight and have confirmed
award availability for your dates and the cash
value of the
ticket is more than the cost to buy miles / points.
Of course, as I discussed in my first article on travel hacking theory, I do
value that
award trip at more than $ 790, in fact, I
value it at about $ 1,300, since that's what I'd typically pay for an economy class
ticket to Europe.
Since there is no
award chart to use as a guideline, you'll have to compare the cost in miles with the dollar cost
of purchasing a
ticket to determine if you're receiving good
value.
If the
value of a partially used
ticket is applied to travel outside
of the promotion period, a new one - way
ticket must be purchased or a new one - way
award at the applicable mileage - redemption rate must be redeemed.
Consider the following examples to see the
value of this new redemption option compared to transferring points and redeeming traditional
award tickets.
The price
of award flights on these airlines are based on the current market
value of the
ticket, making it difficult to predict their cost.
However at a
value of 2 cents a mile, you would still have to book an
award ticket that normally costs $ 250 one way in Economy to get that
value per mile on a domestic flight.
Here comes the tax judge Tax Court Judge Halpern said in his Aug. 26, 2014, decision that the couple must count as income the
value of the airline
ticket they received by redeeming their Citibank «thank you»
award points.