Originally Posted by
holtju2
IMHO one shouldn't calculate the CC spent at ZERO because there are plenty of cash rebate cards around that offer anywhere from 1% to 2% cash rebate.
Anyway there is never going to be a valuation that would fit all.
True. But, people who use credit card points as a means of topping off/supplementing their mileage accounts do not get cash rebates.
Those cards tend to have their own internal 'mileage' programs like Capitol One or Thank You Points whereby a 'free' ticket is actually purchased by card company on behalf of member, with no bearing on member's FFP account balances.