Originally Posted by
redstripeflyer
I have the opportunity to redeem 125K dividend miles to receive about 2.9 cents per mile. Is that a good idea? Essentially, I will be redeeming these miles for something worth $3626, or 2.9 cents a mile. I think it's a good idea with regular flight awards increasingly harder to do.
A First Class *A award on SQ, OZ, LX, etc. is valued at over $15,000.
I would always choose expensive airfare such as this.