The assumption of 1cent per point is very low. Even if you transfer the UR points to SW, it is 1.9 cents / point. For United business class tickets, the points could be worth 3cents or more.
Originally Posted by
maijojacob
I think this is the calculation everyone is interested about this card:
Buy 10 Visa Gift cards - $2,069.5
Actual Cost - $69.5
Get 5x bonus - 10,348 points
Actual Benefit - $103.48
Cost to Load & Liquidate - $18
Net Benefit - $103.48-$69.5-$18 = $15.98