Originally Posted by
exbrit
I rarely fly anymore, so my points come from actual dollars spent.Last year i spent $120,000 on my CC, and got 120,000 points. I used these to fly first class to Bangkok, a ticket worth around $9,000. I therefore got about an 8% return or 8 cents on each dollar spent. I thought that was a good return! (I don't see the sense of using points for anything less than business class.)
Normally, I use points for flights I would not otherwise take, so the "value" is the value of the trip - a visit, a vacation, not having to spend 20 hours in the car with the kids, etc. That is worth much more than $0.08 each.