My formula is simple:
1 cent/point = bad deal
2 cents/point = great deal
This assumes one point per dollar spent. So--for instance--I don't feel so bad about TYP giving me max 1 cent/point if I get 3-5 points per dollar spent on my credit card. (Unfortunately these deals are getting harder to find.)
Also I wouldn't use this calculation to buy tickets that wouldn't normally buy (such as overpriced FC tickets). A waste of miles is the same thing as a waste of money IMO.
Last edited by safigan; May 30, 2010 at 11:53 am
Reason: Added text