$0.03 CPM Redemption Method via A+
Sorry if this is common knowledge around here but as my goal with my miles is upgrades, I've been looking at the best way to do this with my Rapid Rewards points. Turns out, transferring to A+ offers a pretty good redemption rate CPM-wise:
1,200 RR points = 1 A+ credit
16 A+ credits (19,200 RR points) = 1 One-way business class ticket
1 One-way business class tickets = (conservatively) $600
60000/19200 = $0.0312 CPM redemption
Let me know if I'm missing anything here but based on that it looks pretty good.
Edit: Also based on this you can out right buy the $600+ ticket by purchasing 20,000 miles @ $500. I also see that the business class pricing goes down some on non-stop flights. However, the route im looking at (SFO - BWI) this is certainly the best deal for a non-coach seat.
Last edited by wymetyme; Aug 30, 2012 at 12:27 am
Reason: Additional info