FlyerTalk Forums - View Single Post - Fairmont Chase Signature Card

Jul 28, 2013, 10:53 am

#591

AM6449

Join Date: May 2013

Programs: Ritz/Marriott Platinum, Fairmont Platinum, IHG Platinum, Hilton Diamond, USAir Chairman, Aegean Gold

Posts: 227

Quote:

Originally Posted by AMRivlin

Chase Visa Points:

I am determining the value of my Fairmont points and how best to leverage them. I am sitting on about 160,000 Chase Fairmont Points (Through spend on the Fairmont Visa card)

If I cash them out into a Gift Card, this equates roughly $1600 USD in value.

If I change them for Ovations (Cat D) 75k per Suite Night
http://www.frhi.com/corporateincenti...ds/collections
This is about 2 nights of stay.

Since Paris, Telluride, and Barbados Suites are blocked, that defeats the purpose/diminishes the value.

Savoy and Plaza Suites can be redeemed, which runs $1045 GBP (1,500USD) per night. So, the max value I can see getting from my points is $3000 USD?

Anyone have thoughts?

Earning points

Gift Cards
Value of point per spend = $0.01 (5% of Fairmont Spend)
Certificates
Value of point per spend = $0.02 (10% of Fairmont Spend)

Maybe I will redeem 2 Cat D Ovations at Newport Beach and see if it gets me the Penthouse.

If you're able to qualify for corporate rates at any of the nicer properties (I've seen up to 60% off at some Fairmonts), your gift cards may go a lot further... not to mention you'd be getting stay credits to re-new status.