Originally Posted by
Pickles
I tried it just on a lark, and the conversion rates were beyond absurd. Something like 90,000 Asia Miles would lower the ticket price by HKD 5,000. It's rather insulting.
You're realising HK$0.055/AM. I'm aiming for $0.058.
Once CX removed Choice awards, miles plus cash is my highest and best use for AM. I'm valuing my miles at $0.058 now; hence, preferring most cash rebate programs for spending (recently, going for a lot of BoC 10X points promotions where each 1X = 0.6% cash rebate).