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Thread: Is now be a good time to use United miles? Or hold for the future?
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Old Jul 18, 2020 | 3:14 pm
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WineCountryUA
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Originally Posted by malleydc
Sitting on a million miles. Given the state of the airlines and travel in general, is now the time to cash out miles for merchandise? I am worried that they will get so de-valued they will become worthless. I do need a new TV
Merchandise purchases have always been a terrible value and are even worse today --- around 0.3 cpm.

Very doubtful (in my mind) the mileage flight redemption will get worse the 1 cpm and generally still are a bit better. Note Chase presently guarantees 1 cpm for credit card purchased miles.

So to your base question, merchandise purchases will not be the best way to cash out. However, if you don't intend to fly for a couple of years. A TV is better than unused miles, but suspect TVs depreciate faster then miles.

https://www.flyertalk.com/forum/unit...ift-cards.html
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