Originally Posted by
ajnaro
Very well put, and exactly correct in my view. As I'm more aspirational than economic, my preference is for the SPG card, but due to the foreign exchange surcharge I use ex-Schwab for all expenses in currencies other than USD. In my case that comes to well over 50%.
Agreed, I value miles/points only to the extent that it would cover tickets I would have purchased with my own cash, therefore, no more than a .01 - 1.50 cpm.
Last edited by jamflyer; Aug 21, 2011 at 3:02 pm
Reason: corrected transposition - 1.05 to 1.50