FlyerTalk Forums - View Single Post - Understanding cpp value when redeeming points
Old Oct 17, 2016 | 10:52 am
  #24  
rufflesinc
FlyerTalk Evangelist
Community Builder
Community Influencer
All eyes on you!
15 Years on Site
 
Join Date: May 2006
Location: DTW, but drive to/from YYZ/ORD
Programs: Hilbert Hotel Infinity Platinum
Posts: 39,439
Originally Posted by darkhound
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.
But TPG is talking about averages.
Same reason a benjamin is worth more than a $100 GC to a particular store. You don't calculate UR point value by averaging, you take the max and add a premium for transfer-ability.
I have yet to see anything that makes sense in terms of the Chase UR points really being worth more than the base 1.5 cents. It does not appear to be the case when transferring to partners and redeeming for economy tickets. And those awards' availability tend to have limited inventory and blackout dates.
You shouldn't be redeeming for Y. You get the most value when you redeem for J or F longhaul. I have never found an instance where I was unable to use UR points to book a J or F award on a specific day (UR transfer partners allow you to book on basically every airline in the world) , except once when booking at less than 24 hours notice , had to settle for CX Y+

My best non-airline UR redemption was booking Park Hyatt Beaver Creek for 30k a night when cash was in the high $900s. Got a slopeside corner unit (not suite)

Last edited by rufflesinc; Oct 17, 2016 at 11:00 am
rufflesinc is offline