Whats a good cut off monetary value for points??
#1
Original Poster
Join Date: Jan 2002
Location: YYZ
Posts: 1,146
Whats a good cut off monetary value for points??
I found a J class ticket to Asia which when translated for points (125,000) which after taking into account Fuel Surcharge comes out to about 0.036 cents per point.
Of course if I buy the J class...I get to earn more points as well as a more convenient routing (and a chance to fly ANA 787!!!
What is a good value per point cut off to consider when using points?
Of course if I buy the J class...I get to earn more points as well as a more convenient routing (and a chance to fly ANA 787!!!
What is a good value per point cut off to consider when using points?
#2
FlyerTalk Evangelist
Join Date: Jun 2003
Location: YYC
Posts: 23,804
I found a J class ticket to Asia which when translated for points (125,000) which after taking into account Fuel Surcharge comes out to about 0.036 cents per point.
Of course if I buy the J class...I get to earn more points as well as a more convenient routing (and a chance to fly ANA 787!!!
What is a good value per point cut off to consider when using points?
Of course if I buy the J class...I get to earn more points as well as a more convenient routing (and a chance to fly ANA 787!!!
What is a good value per point cut off to consider when using points?
Cutoff value would depend upon status and ability to get access to much watered down IKK. Mine is 2 cents/mile. Flying to Europe this is based upon cost of a latitude pass. But without status, you are back in toaster territory. About 1 cent/mile. Of course onece in a while one does well.
But my estimates above refer to trying to fly where we need to go and when we need to go. Basically, getting my wife to travel with me on business trips.
No just grabbing a good opportunity and going.
#3
Join Date: Dec 2009
Location: YYC - not the centre of the universe
Programs: AC*S100K 1MM, LH FTL, Hyatt Globalist, Accor Plat
Posts: 4,768
That's a pretty good value. I usually try for a higher value but in many cases I wouldn't actually spend the money. I did however get a 5cpm for YYC-YXE rt in September.
#5
Join Date: Sep 2005
Programs: AC MM E50 , Former SPG, now Marriott LT Plat
Posts: 6,261
[QUOTE=llbean;21070513]I found a J class ticket to Asia which when translated for points (125,000) which after taking into account Fuel Surcharge comes out to about 0.036 cents per point.
QUOTE]
I hope you mean 3.6 cents per point, or $0.036 per point.
As stated, you are getting almost no value for your points - $45.00 for
125,000 points is certainly not worthwhile.
QUOTE]
I hope you mean 3.6 cents per point, or $0.036 per point.
As stated, you are getting almost no value for your points - $45.00 for
125,000 points is certainly not worthwhile.
#7
Original Poster
Join Date: Jan 2002
Location: YYZ
Posts: 1,146
#8
Join Date: Jul 2012
Location: YVR
Programs: AC, FPC, Marriott Gold, SPG Gold, BW Diamond Select, Starbucks Gold, VPL
Posts: 121
I am conceptual-math challenged...
... But I really want to follow and understand this discussion.
If one is getting 2 cents per mile of value on a 125,000 point ticket, does that mean the value of the fare you're spending all those points on is $250??
Sorry not to grasp the direction of this equation. You may start chucking buns at me... Now.
TOA13B
If one is getting 2 cents per mile of value on a 125,000 point ticket, does that mean the value of the fare you're spending all those points on is $250??
Sorry not to grasp the direction of this equation. You may start chucking buns at me... Now.
TOA13B
#9
Join Date: Dec 2006
Location: YEG
Posts: 3,925
... But I really want to follow and understand this discussion.
If one is getting 2 cents per mile of value on a 125,000 point ticket, does that mean the value of the fare you're spending all those points on is $250??
Sorry not to grasp the direction of this equation. You may start chucking buns at me... Now.
TOA13B
If one is getting 2 cents per mile of value on a 125,000 point ticket, does that mean the value of the fare you're spending all those points on is $250??
Sorry not to grasp the direction of this equation. You may start chucking buns at me... Now.
TOA13B
#10
Join Date: Jul 2012
Location: YVR
Programs: AC, FPC, Marriott Gold, SPG Gold, BW Diamond Select, Starbucks Gold, VPL
Posts: 121
Clouds part, angelic voices AH!
@:-)@:-) I thought it was 2 cents per mile of distance flown! @:-)@:-)
Now that makes much more sense. Thank you YEG USER!
Q#2: So does that mean, if I get my flyer a ticket YVR-YHZ for 25000 pts, when the cash money is $1000, I am getting him a ticket at 25cpm??
PS I'm really an amazing OA, honestly. I have problems with currency conversions also. :-(
TOA13B
@:-)@:-) I thought it was 2 cents per mile of distance flown! @:-)@:-)
Now that makes much more sense. Thank you YEG USER!
Q#2: So does that mean, if I get my flyer a ticket YVR-YHZ for 25000 pts, when the cash money is $1000, I am getting him a ticket at 25cpm??
PS I'm really an amazing OA, honestly. I have problems with currency conversions also. :-(
TOA13B
Last edited by TheOfficeAdmin13B; Jul 10, 2013 at 1:58 pm Reason: typo & avoiding extra post
#11
Join Date: Dec 2009
Location: YYC - not the centre of the universe
Programs: AC*S100K 1MM, LH FTL, Hyatt Globalist, Accor Plat
Posts: 4,768
Clouds part, angelic voices AH!
@:-)@:-) I thought it was 2 cents per mile of distance flown! @:-)@:-)
Now that makes much more sense. Thank you YEG USER!
Q#2: So does that mean, if I get my flyer a ticket YVR-YHZ for 25000 pts, when the cash money is $1000, I am getting him a ticket at 25cpm??
PS I'm really an amazing OA, honestly. I have problems with currency conversions also. :-(
TOA13B
@:-)@:-) I thought it was 2 cents per mile of distance flown! @:-)@:-)
Now that makes much more sense. Thank you YEG USER!
Q#2: So does that mean, if I get my flyer a ticket YVR-YHZ for 25000 pts, when the cash money is $1000, I am getting him a ticket at 25cpm??
PS I'm really an amazing OA, honestly. I have problems with currency conversions also. :-(
TOA13B
It's 4 cpm in that case (not bad either).
#12
Join Date: Jul 2012
Location: YVR
Programs: AC, FPC, Marriott Gold, SPG Gold, BW Diamond Select, Starbucks Gold, VPL
Posts: 121
#13
Join Date: Nov 2012
Location: YYT
Programs: AC E35k, HHonors Silver
Posts: 743
I've actually considered the toaster (well more accurately IPAD and Bose QC15) route for points. It seems that one really spends about double what the item is worth. But in a world when travel on points is more than likely to be the aforementioned route, that actually feels like a reasonable way to burn the points I earn through work travel.
#14
Join Date: Apr 2011
Location: YEG
Posts: 3,717
25,000 + 160.28$ of taxesversus a 1000$ ticket (which is a rip off at Tango prices BTW!) I would be looking at WJ or something simmilar; but say the market price was 1000$...
So for 25,000 you are saving 840$ 3.36CPM;
Realisticaly this route is in the 550-700$ range 2.2 to 2.8 which is good but not extraordinary.
Typicaly best value comes from a J/F redemption mini-rtw that would require full J fares or stacked Z/C/D's with some possible throw aways....
Example; I did YOW-YYZ-IST-JNB-CPT-IST-GVA-ZRH-YUL-YOW. The full fare price was around 15k; stacked round trips in Z came in at around 6k and would not have allowed me to experience the carriers I did. So depending on how you see it (150k points +250$ tax) this redemption came in at 4-10 CPM.
#15
Join Date: Jul 2012
Location: YVR
Programs: AC, FPC, Marriott Gold, SPG Gold, BW Diamond Select, Starbucks Gold, VPL
Posts: 121
And at that your maths are still off...
25,000 + 160.28$ of taxesversus a 1000$ ticket (which is a rip off at Tango prices BTW!) I would be looking at WJ or something simmilar; but say the market price was 1000$...
So for 25,000 you are saving 840$ 3.36CPM;
Realisticaly this route is in the 550-700$ range 2.2 to 2.8 which is good but not extraordinary.
25,000 + 160.28$ of taxesversus a 1000$ ticket (which is a rip off at Tango prices BTW!) I would be looking at WJ or something simmilar; but say the market price was 1000$...
So for 25,000 you are saving 840$ 3.36CPM;
Realisticaly this route is in the 550-700$ range 2.2 to 2.8 which is good but not extraordinary.
I was trying to confirm I finally understood the equation correctly, so I tried with a very approximate all-in cost, using what I hoped was simple math. :\ But 25 cpm looked completely bananas to me!
Now, I'm sure my flyers would be thrilled to go to JNB / CPT! Not likely this year, however.
Cheers,
TOA13B