Originally Posted by
wannagoexplore
So, by my calculations my AP points to Europe in Y are worth exactly
one penny
$2,020 - $820 = $1200 / 120,000 = .01
Maybe using my points to buy that big flat screen at FShop is not such a bad use of points after all

.
Welcome to the new reality. Arguably, one penny is not bad. I recently looked at some other toasters (or the like) and the value came up at about 0.8 cents/mile.