Not exact matches
Considering this
redemption would only cost 12,500 Avios each way for economy
tickets, you can get some great
value out of your miles on this route!
Outside of airline
ticket redemptions, however, the card generally offers less
value.
Redemption Tip # 1: Your highest value redemption will almost undoubtedly be for a fare in the Wan na Get Away class
Redemption Tip # 1: Your highest
value redemption will almost undoubtedly be for a fare in the Wan na Get Away class
redemption will almost undoubtedly be for a fare in the Wan na Get Away class of
ticket.
Southwest uses a revenue - based, fixed -
value redemption system in which the number of points you need to redeem for your
ticket is proportional to the cash
value of that
ticket.
Countries Visited: 31 Favorite First Class: Etihad Apartment (A380) Favorite Business Class: Singapore Airlines (777) Best
Redemption Value: BA Travel Together
Ticket (First Class) Favorite Type of Points: Chase Ultimate Rewards Top 3 Cards in Wallet: Chase Sapphire Reserve ℠ Card, Chase Ink Business Preferred ℠ & Business Platinum ® Card from American Express
>
Value: Award travel starts at just 20,000 FlexPoints (up to a $ 400 ticket value) on over 150 airlines with no blackout dates or redemption
Value: Award travel starts at just 20,000 FlexPoints (up to a $ 400
ticket value) on over 150 airlines with no blackout dates or redemption
value) on over 150 airlines with no blackout dates or
redemption fees.
We can get those same
tickets for 17,500 Ultimate Reward Points, a
redemption value of $ 0.037 per point.
The key to getting the best
value is to hit the maximum dollar amount per
redemption range for your
ticket.
This
redemption option does limit certain benefits you would have with a regular
ticket (such as flexibility to rebook or cancel) but we still think the
value from this is noteworthy.
I usually advise my clients to aim for at least 3 cents per mile / point in
redemption value for domestic
tickets, and of course much higher than that for international premium class
tickets.
You'll get the best
redemption value for the miles earned with your United MileagePlus Club card for award
tickets on United Airlines and its airline partners.
Redemption levels are directly correlated with a monetary
ticket value, which is a little unusual considering most other partner
redemptions are distance - based.
The key to getting the best
value is to hit the maximum dollar amount per
redemption range for your
ticket.
You'll get the best
redemption value for the miles earned with your United MileagePlus Club card for award
tickets on United Airlines and its airline partners.
Sales from east coast hubs like JFK can often make
ticket prices quite palatable and bring the
value per mile on your
redemption low enough to make saving your miles for future trips make more sense.
Those points are already worth 2 cents if redeemed for cash back, 2.5 cents if used for airline bookings using the Ultimate Rewards portal (these paid
tickets also earn frequent flyer miles), or potentially much more than that if transferred to a loyalty program like United MileagePlus, Hyatt Gold Passport, or Amtrak Guest Rewards for a high -
value redemption.
For me the last step in calculating out the
value for a
redemption is to take the miles which would have been earned and multiply them by my average CPM, and subtract this from the cash
value of the
ticket.
For each award, I calculated an «imputed
redemption value,» which is the rate at which a British Airways Visa Travel Together
Ticket redemption is buying American AAdvantage miles, Delta Skymiles (or Membership Rewards points), or United Mileage Plus miles (or Chase Ultimate Rewards points).
Considering this
redemption would only cost 12,500 Avios each way for economy
tickets, you can get some great
value out of your miles on this route!
Even though an award
ticket is 185,000 miles, carrier surcharges are actually very reasonable at just $ 408, and the final
redemption value is 9.3 CPM.
Redemption of miles for economy class
ticket usually yields less
value than business class (in a lot of cases, business class
ticket usually has three to four times cash
value, but only costs twice amount of miles).
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.
Paying for Virgin Americas first class cabin with miles can get quite expensive, as the airline pegs their
redemptions to the cash
value of the
ticket.
Other flexible travel rewards cards might offer the highest
redemption value for plane
tickets or a flat
redemption value of one penny ($ 0.01) per point.
Hi Drew, from my understanding the standard bedrooms recommended capacity is 2 people, and amtrak only allows points
redemptions up to the recommended capacity, and you either had to pay the lowest
ticket price or the points
value of the third person.
The Allegiant World MasterCard, with its priority boarding, easy
redemption, lower annual fee and free companion
ticket benefits, provides great
value for the domestic traveler who flies frequently on Allegiant.
You need to price your
ticket perfectly in order to maximize the
value of a
redemption.
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.
The
redemption values for travel on Virgin Atlantic can be misleading because of the surcharges you'll have to pay on award
tickets.
Redemption Tip # 1: Your highest value redemption will almost undoubtedly be for a fare in the Wan na Get Away class
Redemption Tip # 1: Your highest
value redemption will almost undoubtedly be for a fare in the Wan na Get Away class
redemption will almost undoubtedly be for a fare in the Wan na Get Away class of
ticket.
Delta has another program, Pay with Miles, which allows members who hold Gold, Platinum, or Reserve Delta American Express credit cards, a special
redemption option at a
value of one cent per mile toward
ticket purchases.
Not the best
redemption value but an option for those who do not want to pay full price for the
ticket.
This is usually based on past and future
redemptions, such as when someone uses 50,000 United miles for a
ticket they
value at $ 1,000.
After subtracting the total fees for the Flying Blue award
tickets of $ 28 the total
value of your
redemption would be $ 3,062.
Once you reach a mileage
redemption threshold (say 20,000 miles) and wish to book a flight, the bank will convert your earnings into cash
value and buy the
ticket through a travel booking agency.
For any cost of that
ticket above $ 500, the
redemption value of the points goes down to 1 cent per point.
If you snagged a paid fare for the JFK to TLV flight you would pay $ 2,267.99, which means that a 50,000
redemption would come out to a
value of approximately 4.2 cents per mile for this trip which is excellent and honestly a somewhat conservative valuation given how much those
tickets can cost.
Since the
redemption value drops to 1 cent per point, you'd be spending an additional 10,000 points to cover that so that $ 600
ticket would cost your 35,000 points.
While miles can only be redeemed for
tickets on Delta and its partner airlines, you'll be earning a large number of miles with this card and there are plenty of
redemptions that offer good
value.
If you snagged the cheapest paid fare for the JFK to TLV flight you would pay $ 2,267.99, which means that a 50,000
redemption would come out to a
value of approximately 4.2 cents per mile for this trip which is excellent and honestly a somewhat conservative valuation given how much those
tickets can cost.
The
redemption value for
tickets aboard American works out to 1.6 cents each.
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
ticket's cash price was $ 895 AUD (or $ 675 USD at time of booking) which means a
redemption value of 3.3 cents per AA mile!
He also wants to always get at least 2 cents of
value out of each point, so he oftentimes ends up paying for plane
tickets instead of doing award
redemptions if there's only high - level award space available.
Many people believe you shouldn't consider the actual cash
value of a
ticket when you make an award
redemption, because in the process of redeeming for that award, you may have made compromises that you wouldn't have made if you were simply paying cash.
As you can see, in order to maximize point
values, you want to target your
redemptions for
tickets near the top end of a bracket.
Redemptions for international flights generally give you better
value than domestic
tickets.
We can go back and forth about what award
tickets are worth, and it's not my place to judge whether you should base your
redemption value on what a premium fare costs in cash (correct) or instead use the price you believe you would have paid (wrong).
Wan na Get Away Fare
Redemptions: Although I often talk of the
value of transferable points thanks to the flexibility they give you to top up accounts and book premium international
tickets on a whim, Rapid Rewards represents the flip side of award
tickets where you know you are getting a great (semi) fixed
value on award
tickets of about 1.8 - 2 cents each on Wan na Get Away (leisure) fares and you can redeem them for any open seat on a flight, just as if you were buying it.