FlyerTalk Forums - View Single Post - Who maintains a table/chart of point/mile values for a wide range of programs?
Old Feb 15, 2012 | 7:38 am
  #9  
84fiero
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: May 2009
Location: South Park, CO
Programs: Tegridy Elite
Posts: 5,677
Originally Posted by Frequent Miler
Exactly. These are the prices people pay for points / miles using the best available common option. Usually, people buy miles by putting spend on a points earning credit card. The values in the chart are determined by assuming that when someone spends with a point/mile earning card, they are giving up 2 cents per dollar that they could have gotten by using a 2 percent back card. If you follow the links on the referenced page, there are better/more complete explanations.

It is much harder to estimate redemption value since that will be all over the board. Are you redeeming for domestic flights, international, coach, business, first class? Are you redeeming well in advance or last minute, etc. all of these things have a huge impact on how much value you can get from redeeming points.
And even if you did have data to compile some sort of redemption value comparison, the utility of the data may or may not be that great. There are other factors like inventory availability, regions that are better served by one or another program; partner availability; etc
84fiero is offline