The redemption engine is still valuing TYP at $0.0133 each when used for airfare. If that isn't also a mistake it sets the value with the new Premier card to $0.0266 per dollar for general spending, and $0.0293 per dollar for "everyday" spending. (These calculations include purchase points plus flight points). While $0.0266 is not extraordinary, it is competitive with cards which earn one mile per dollar.