Originally Posted by
ANC RED-EYE
SPG: 80,000 SPG points costing $1440 in fees - those points cost you 1.8 cents each...
Chase: 53,500 points for free; even if the chase points aren't as valuable, I doubt the SPG points are worth enough to offset the fee.
Thanks for the response. I calculate it a little different.
53,500 points = $535 so I look to solve the following
80,000 SPG pts * $/SPG pts - $1440 > $535
If I value SPG pts at $0.025 or greater than the SPG points are better. I read on here that many people value SPG pts at $0.05 or greater. If they are valued at $0.05 than:
80,000 * $0.05 - $1440 = $2560 additional value over Chase
Do you agree?