Can those points be applied to something else yielding a higher
value per point instead?
Not exact matches
Instead, FlexPerks uses ranges that allow the
value of your
points to vary from a little over one cent
per point up to two cents.
If you used just 7,500
points transferred to British Airways from your Chase Ultimate Rewards portal for that flight
instead of paying $ 300, then your redemption
value is around 4 cents
per point on that transaction.
You could pay 12,000 Starpoints
instead and earn 3 cents
per point in redemption
value.
So let's look at
points value: If you went with the AAA rate, using Hyatt
points instead would receive a
value of 1.71
per point or $ 1074 for 62,500
point.
Points redeemed for travel are worth 1.25 cents each (10,000 points = $ 125) instead of the usual value of one cent per mile (10,000 points = $
Points redeemed for travel are worth 1.25 cents each (10,000
points = $ 125) instead of the usual value of one cent per mile (10,000 points = $
points = $ 125)
instead of the usual
value of one cent
per mile (10,000
points = $
points = $ 100).
Had I paid for the room
instead of using
points, it would have cost me 929 EUR for each of the first 6 nights and 239 EUR for the last night totaling 5,822.10 EUR or $ 8,079.12 USD + the 120,000 Southwest
points will be worth roughly $ 1,800 x 2 (since the Companion Pass doubles the
value of the
points) $ 3,600 = $ 11,679 in
value from 360,000 Marriott Rewards
points, bringing my cent
per point to 3.2 cents each.
Generally, you will only get a
value of 1 cent
per point when redeeming for gift cards,
instead of the 2 - 5 cents (or more)
per point when redeeming for travel.
Instead of a fixed amount of
points for one night at a hotel (giving you the chance to find amazing
value when you stay in high season at one of the top properties, regardless of the cash price), your
points translate into cash vouchers, giving you EUR40 of
value per 2,000
points.
Thus, if you
valued Ultimate Rewards at 2.2 cents
per point, you would actually be getting a larger return on your investment by purchasing Marriott
points during a promotion, since you'd be exchanging $ 925 cash for $ 2,100 worth of Rapid Rewards
instead of $ 1,100 of Ultimate Rewards for $ 2,100 worth of Rapid Rewards.
You can check on a hotel that you have in mind with the Hilton Honors Calculator But because Hilton is eliminating award charts and categories, it will also make it much easier to adjust the
points needed (aka devaluate them) until they also reflect a
value of 04 - 0.5 ct / pt, eliminating great
value options at the lower end of the Hilton brands, like the Hilton Garden Inn on Bali where I stayed for 5,000
points per night when the rate was $ 87 / night a 1.7 ct / pt
value or the Doubletree Kuala Lumpur where I paid 10,000 pt / night
instead of $ 127 / night, a 1.27 ct / pt
value.
If you're only going to redeem for a fixed
value of 1 cent
per point — or even 1.25 cents
per point — you might as well skip having a premium credit card and
instead use a card like Barclays Arrival Plus World Elite card or the Fidelity Investment Rewards American Express, since either of those cards will give you 2 cents
per dollar spent on everything.
It's pretty much the only way we book business travel and my employees love it because
instead of using award tickets where they don't earn miles, they can earn miles and I'm getting 2 cents
per point in
value back when I redeem.