Originally Posted by
roundtree
I would use the CSR 1.5x travel redemption rate as the baseline. So anything above 1.5 cpp would be acceptable to me. The 2.1 cpp value from TPG is an average, so there will be a lot of variance depending on your travel flexibility, location, time of year, etc. 1.9 cpp is nothing to be ashamed of, in my book.
IMHO, TPG's 2.1 valuation is garbage.
There are 3 ways to redeem points.
1. For cash at 1cpp. That ain't 2.1.
2. At the ultimate rewards portal. That's 1.5cpp. That ain't 2.1 either.
3. By transferring to one of a dozen other partners at a 1:1 ratio. But if you look at HIS OWN chart valuing points at those other partners, none approach 2.1.
http://thepointsguy.com/2016/09/sept...ly-valuations/
So by his own calculation, his 2.1 valuation is garbage, unless I'm seriously missing something.
btw, yes, I understand that in some instances ultimate reward points can be redeemed for much higher, maybe even 10cpp. But TPG is talking about averages.