Originally Posted by
Yolow
On a reward points perspective, considering the most expensive offer (Absolute) and the following:
-you can get up to -R$ 604,80 (~109Eur) of discount if you purchase the yearly plan,
-all credit card gives you at least 1% cashback in BR (but any financial educated customer can obviously get a better deal),
This is a ~990Eur payment for 1500Eur eq. Reward Points.
The best CDBs (or any other financial instruments of easy access in BR) are currently around 16%a.a.
Even if you consider a worldwide inflation in hotel rates in the coming 12months, this is not as bad as you describe it.
Also, by end of the year you are only 2000 status point short of Platinum that gives you access to SNU and other interesting perks.
Appreciate your reply.
A 1,000 Eur payment for a 1,500 equiv Rewards points is the marketing gist, but it does not translate to the real world as there's no real immediate return with all those points in your account, but a payment upfront.
Instead, it really is an immediate payment for the trust that future points shall be monthly deposited throughout the 12 months ahead; Accor, however, has been known for a poor long record both on the IT side and, especially, with low-powered and ill-trained customer reps emailing back and forward and escalating for weeks to sort minimal stay issues. Thus my suggestion to check IRR and NPV for this deal and prepare for eventual headaches to have this deal properly carried out.
Also, I believe it is misleading to compare this deal with a trusted guaranteed 16% CDB financial instrument to prove its worthiness. This deal requires a trust in a private, public-listed company, thus the equivalent ought to be the stock market valuations. In Brazil you have great assets on sale, which in the interim do pay dividends on top of a possible increase of the main asset value on the next 12 months. Thus, suggest comparing this deal with AAA public-listed companies paying two-digit dividends in the interim plus eventual increase in the main asset value.
I agree with you that it is appealing for someone to spend money on believing they're being offered an awesome deal. Experiences may be priceless and my input is intended to bring some real world data to the marketing gist.
Whatever route anyone chooses, I am sure information from the pro and cons here listed, everyone will be able to make a better knowledgeable choice.
Thanks