Thanks for the reply moe8555,
Originally Posted by
moe8555
Amex points, when used wisely, can deliver exceptional value. I don't buy into the outlandish valuations of getting 5-10cpp value by booking some first class flight to Japan, because hypothetically, you could simply pay cash to buy the number of points required and that cash amount would be the true value received (and if you want to be advanced with the analysis, also reduce this by the value of the miles/status not received vs. booking and flying a cash ticket). But of course, point tickets are typically more flexible, which offsets that to a degree.
I totally agree with your point and respect what other people do with their points, but I personally won't be spending $3000 worth of points on some villa for one night, because to me there is no difference than expending $3000 in cash for one night which I won't do with my money, is like no valuing the monetary gain in any particular investment.
Originally Posted by
moe8555
But I think a reasonable valuation is 1.5-2.5 cents per point depending on the redemption and program you transfer to.
Where are the places these points can be transferred to? I did the calculation on that site and it says the TD card returns more value for its points than the Platinum.