FlyerTalk Forums - View Single Post - Pay Yourself Back - Sapphire Reserve & Preferred, INK Preferred & Plus (2020-2023)
Old Sep 29, 2020, 10:04 pm
  #165  
shdflyer
 
Join Date: Nov 2008
Posts: 403
Originally Posted by Need
I don't know if this was discussed already in this long thread, but Pay Yourself Back has better value than using the points at the Travel Portal.
+1

I think am getting a value of 1.57068 cents per point with PYB --

Let’s say I need to purchase $600 in groceries and $600 in travel.
The “old" way might be to purchase $600 in groceries with the CSR and redeem 40K UR for the $600 airline ticket. I’ve done something like this many times.

The great thing with PYB is that if I use the 40,000 UR with PYB to pay off the groceries and then use the CSR to purchase the $600 ticket at 3x, I earn 1800 UR.
So in this case the combined net spend is $600 for the ticket and 38,200 for the groceries.
So I got $600 of groceries for 38,200 UR = 1.57068 cents per UR
So this nets 4.71% return on 3x categories
and 7.88% return on 5x Ink office supply transferable UR, 5x Ink Shipping promo, etc

Is the math sound?

Last edited by shdflyer; Sep 29, 2020 at 10:26 pm
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