Originally Posted by ss
It's a tiny bit better than that, since you're also getting the standard 1 mile per dollar on the "convenience fee" portion of the payment.
Right. Since to satisfy a tax obligation of $100 one pays $102.49 and realizes 202.49 miles in the end, not 200.00 miles. I don't have a calculator at hand to say how much less than 1.245 cpm one spends to purchases miles this way, but it is "a tiny bit better." A greater sweetener for me than that small extra yield from the "convenience fee" portion, though, is the ability to get past $35K with the Platinum Visa with this "essential" expenditure and realize 5K of EQM as an added benefit beyond the basic (RDM) mileage one. That is how 1K-lite happens.
