These discussions typically assume that general spending will only earn one point or mile per dollar, but I can think of at least four cards which earn 1.25 or more per dollar for
all spending. This means you only need to redeem at $0.016 per point or mile to realize $0.02 per dollar spent.
- 1.50 United Airlines VISA
- 1.50 Virgin Atlantic MasterCard
- 1.25 British Airways VISA
- 1.25 Starwood Preferred Guest American Express card (20,000 Starpoints = 25,000 miles in most programs)
You're referring to the United club card, right? The Explorer gets 1.00, granted with a 10k bonus on 25k spend, but that's 1.40 at best.
Two to add to the list:
- 1.50 Amex Everyday Preferred (with >= 30 transactions per cycle)
- 1.20 Amex Everyday (with >= 20 transactions per cycle)