Originally Posted by
sbm12
You're saying here that the CC companies pay more than a penny/point to the airlines for the points, right (1,000,000 points becomes 10,000.00 dollars at a penny/point)?
Not a lot more, and it varies by program, but yes. Although it gets a little more complicated when factoring in prepurchases in the half billion dollar range, averaging costs, and accounting for time value.