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Thread: Biggest Ever Card Purchase + Maths
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Old Jan 16, 2001, 8:18 am
  #3  
MagMile
 
Join Date: Jul 2000
Location: ORD
Posts: 642
The problem is really in the valuation of the award tickets. Amex doesn't pay for the tickets, it pays for the miles, perhaps at only about 1 cent per mile, which would leave it a tidy profit.
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