Old Feb 25, 03, 9:46 pm
  #12  
martin33
 
Join Date: Apr 2001
Location: PIT/DFW/MEL; AA Exec. Platinum & 4MM, QF WP
Posts: 7,689
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by lrickets:
I went and look up on AA regarding redeeming the miles. You can buy gift certificates and use your AA miles to pay for it. AA will let you have $25 for every 3125 AA miles toward your vacation. That's less than .008 cent per mile. What gives? Is there anyway we can convert AA miles back to hotel points, etc.?</font>
your math is off by a factor of 100. .008 dollars is .8 cents.

the cash value of a mile is about 1 cent.

the ticket redemption value varies between 2-12 cents.

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