Most of the time, you will only receive 1 cent
in value per point redeemed towards flights and other reservations.
But when you can book these flights for a relatively low amount of miles, you receive a very high amount
of value per point redeemed.
Cash + points generally gives you the
highest value per point in dollar terms compared to booking a room with 100 % points.
These seem to provide the
best value per point due to their $ $ $ locales and sky high seasonal rates.
Whenever you are redeeming points and miles of any kind, you'll want to choose the options that offer the
most value per point redeemed.
Points can be used to book travel at participating airlines or hotels with no blackout dates taking advantage of a
fixed value per point.
Turning themselves into a
low value per point program for travel purchases doesn't seem like a winning strategy.
You can potentially get a lot more
value per point with these cards, but you'll have to put in some time in order to find the best redemptions.
But with these options, you will rarely receive as much
value per point as you do with free hotel nights.
Divide the value of an award by the number of points or miles used to come up with a
typical value per point or mile.
First, these awards generally offer the
least value per point or mile redeemed — at best just one cent each.
And when you use your miles for expensive, last minute reservations or premium class seats, you can often get
superior value per point.
The points can be used for travel purchases as well as be transferred to airline and hotel partners, which can give you even
more value per point.
Since this ticket normally costs $ 5,000, she is receiving four cents
in value per point and mile redeemed.
Points can be used to book travel at participating airlines or hotels with no blackout dates taking advantage of a
fixed value per point.
But thanks to Cash + Points redemption options, you can get a much
higher value per point than booking with only points.
However, anything other than the cash back and gift card redemptions will give you
less value per point.
Divide the value of an award by the number of points or miles used to come up with a
typical value per point or mile.
First, these awards generally offer the
least value per point or mile redeemed — at best just one cent each.
For example, when you use your rewards for travel reservations, a higher - end card will give you more
value per point redeemed.
The Chase Freedom ® card by itself only lets you receive one cent in
value per point when redeemed for travel.
For example, you will be getting the
same value per point whether you book a queen or king bed at the Vintage Villas Hotel.
Checking similar deals, another room had a better
value per point if you just redeemed the whole room with points ($ 0.006 versus $ 0.004).
The
average value per point for airfare is 1 cent and you can even search for Insider fares that give you slight discounts on your points to boost that value.
For example, you will be getting the same
value per point whether you book a queen or king bed at the Vintage Villas Hotel.
I consistently get at least 2 cents of
value per point from Ultimate Reward points, sometimes more, thus the switch.
I'm in two minds about the reduction in ThankYou point redemption values — on the one hand it was nice to be able to get 1.6 cents of
value per point towards American Airlines fares (especially as those fares still qualify for elite status and mileage earning) but, on the other hand, when you can transfer ThankYou points to Singapore Airlines and then use them to book one of the airline's premium cabins, should you be using the points for American Airlines fares anyway?
Redeem the points for travel through Chase Ultimate Rewards nets you even more
value per point since you get a 20 % discount on the price.
I then earned 3,250 of those points back, bringing my
final value per point to 3.47 cents per Ultimate Rewards point.
However, because there's a heftier fee of $ 85 versus $ 45 for the other programs mentioned, your
cash value per point is slightly less at.915 per mile.
But when ou are able to redeem miles for expensive flights in business or first class, or last minute reservation, it's possible to receive several cents in
value per point transferred.
If all programs did is increasingly bonus higher revenue fares (United already did this with changes to their program for 2012) and provide the option to book any seat desired with points at a fixed -
value per point based on fare (in parallel to the award chart) this would be no big deal.
However, even though you'll get a lower
value per point when redeeming for Acela trains, it can still be a good value.
If you happen to have the Sapphire Preferred or Reserve cards, though, you will get more
value per point if you buy through the UR portal or transfer points to an airline.
If your travel rewards credit card offers you points or miles with an airline or hotel program, then you'll have to work especially hard to get the
most value per point or mile redeemed.
Personally, I'd choose Singapore Airlines where I can get much
better value per point, but if most of your travel is domestic, this could be a good option.