FlyerTalk Forums - View Single Post - The 'Best credit cards for KF miles accrual' master thread

Mar 1, 2012 | 4:27 am

#487

percysmith

Ambassador, Hong Kong and Macau

Join Date: May 2009

Location: HKG

Programs: Non-top tier Asia Miles member

Posts: 22,045

Quote:

Originally Posted by percysmith

The loss can be quantified and I have already done so that.

Say you run 45 Amex transactions a month (I did in April 2011), your loss from rounding down is 45 x 2.5 (average of rounding down) x 1.6 (earn rate) = 180 miles a month.

If I spend $1,450 I already earn back the rounding down from Citi. Any spending after that is pure profit. YMMV on whether you run more or less than 45 Amex transactions a month or not.

If 1.6 mile/S$ only kicks in at S$2,000, then my breakeven point for using Altitude over Premiermiles is S$2,450. Not such a clear cut winner now.

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