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May 15, 2024 · Booking a big international trip is almost always the easiest way to get the most value from your points, as these long-haul flights can sometimes cost $1,000 or more roundtrip. That makes those trips a great use of your points from a cents-per-mile standpoint. But it also highlights the true value of miles and points that you can’t quantify.
Sep 14, 2023 · Here are some instances in which paying cash may actually be better than using airline points or miles. If the cash cost of a fare is low In some cases, the flight you want to purchase might have ...
Aug 2, 2023 · Some loyalty programs will allow you to redeem more points and miles to cover the cost of the fees, taxes and surcharges. They may also allow you to use even fewer miles than a standard redemption in exchange for a higher cash payment. This can be handy if you have a low mileage balance and cannot book the flight at the standard redemption levels.
- Ben Smithson
Nov 3, 2023 · However, not all flights are eligible for advantageous redemptions, forcing us to weigh our options and choose between using points or cash to pay for them. Airline ticket pricing is a fascinating subject. While you may come across incredible deals like $39 one-way fares offered by ultra low-cost carriers, there is more to
Mar 28, 2024 · The Platinum Card® from American Express offers 5x Membership Rewards points on airfare purchased directly from airlines (you’re capped at earning 5x points on up to $500,000 per calendar year, and then 1x); I value Amex points at 1.7 cents each, so to me, that’s like a return of 8.5%
May 12, 2021 · At the same time, I don't always use points to book travel. There are many times when I prefer to pay cash for a specific flight and save my points for future redemptions. I always compare the cash and points price of a specific ticket to make sure that it makes sense to use my hard-earned miles instead of paying out of pocket.
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Mar 6, 2024 · With Southwest, it doesn’t really matter because Rapid Rewards are pegged to a fixed value. Every Rapid Rewards points will be worth around 1.3 to 1.5 cents per point. You should redeem points by default if you have a bunch of them sitting around.
