Originally Posted by
bkramt1
The value, for me, is based on what my personal use of the points is. If I use points for a stay that would have cost $xxx, then that's the value to me; same for a travel package. I think most agree that with reward availability and reclassification of various properties that the overall value has eroded lately.
This is an interesting topic.
I tend to stay in much nicer places with points then I would with my own $. So when I do the math I figure it based on where I would have stayed if I was paying.
Same for flights. If my first class reward costs $5,000 but the coach seat I would have bought was $450 I value those miles at $450 instead of the 5k as I would never have spent the 5k.
Maybe I'm just different that way
