Originally Posted by
darthbimmer
Determining what's a good redemption value is a personal thing. Taking a figure from TPG or soliciting opinions from people here can be good guidance, but ultimately you've got to make up your own mind based on personal factors. Among these are how much you can redeem points for given your travel patterns as well as what a particular redemption is worth to you irrespective of its nominal price. See, for example, you opinion that hotel A is more enjoyable than hotel B even though B represents a higher return of cents per point.
+1. I used to value DL Skymiles at 1.25 ccp because that's what my actual redemptions averaged out to. But now that I'm using DL for overseas business class, I value them at around 2.5 ccp. And right now my AA points aren't worth much to me because I'm having trouble using them for convenient flights at low redumption values compared to, say, United. Somebody else will find it easier to use AA points because of the city they live in, their flying patterns, how many AA points they're earning vs. spending, etc.