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Thread: Valuation of points and miles
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Old Jan 3, 2013 | 3:03 pm
  #56  
saranyc
 
Join Date: Sep 2012
Location: Born and raised in South Carolina, now in New York City.
Posts: 534
Originally Posted by yerffej201
Okay, so here's how I would value the redemption. So take the CX flights: 135,000 AA miles. Cost: 2.2 cents per mile (buying AA miles + SPG miles on Promo). Cost: 2970 Dollars. So if you had a cashback card @ 2% (assuming you can get 2% if not more in the States), you're not missing that much with miles.
You can only buy 60k AA miles per year so you really can't buy business or first class international travel like that.
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