Originally Posted by
sxpsxpsxp
So in your opinion then, what is a fair value for the 85k cert, and how do you arrive at that value? You are also implying that the valuation for the 60k points at 0.6c/point is too high. So what value would you place on them? I'm honestly not being snarky with this question!
The way I personally value the certificates is as follows:
35,000 FNC = $200
50,000 FNC = $250
85,000 FNC = $300
I personally might enjoy a high end property, but I would never pay $700 for a night, so I cannot value it that high. If I were paying cash, it would need to be just right to even pay $300 for a hotel room. For me, that means the most a certificate could be worth is $300. Same thing I value Hilton ones at. These high end certificates are often only used for nights in NYC.
Personally I often stay at a Residence Inn or Fairfield Inn type property. At these properties its fairly easy for me to get $0.01 per point. You dont earn points on these stays, so I discount it, and value them at $0.008. Based on this I would value your extra 60,000 points at $480. Add in the FNC, and I have a valuation of $780.
Certainly not something I would spend $900 on getting.
Instead, if you get a Hilton Surpass and Hilton Business, and you put that same $30,000 spend there, you would get 90,000 point ($0.005 value) $450 (comparable) but you would also get 2 Hilton FNCs. I would value this ups my total value at $1,050. You also need to factor in additional $180 of annual fees, so you are actually down to $870 of benefit.
Would you spend $900 to get $870 benefit? Personally I would because you get a more luxury experience I would not otherwise pay for, but I could understand others saying they wouldn't.