A case for cashing out UR points.
Aug 5, 2014, 10:52 am
#16
Join Date: Feb 2013
Location: NYC
Programs: UA 1K, AA EP, Hyatt Diamond, SPG Platinum, M life Noir
Posts: 1,279
If you really want to do the math, you should adjust for the miles you would have earned if you had purchased a ticket (distance miles, status bonus, class of service bonus, credit card spend, credit card category bonus, etc). When I do this I find that a "100,000" mile transatlantic business class ticket really costs ~125,000 miles.
Aug 6, 2014, 2:15 am
#17
Join Date: Jan 2008
Location: LAS
Programs: DL PM, UA PS, Hyatt Globalist, Marriott Titanium
Posts: 4,904
Aug 6, 2014, 6:43 am
#18
Join Date: Aug 2011
Programs: many
Posts: 1,437
If you really want to do the math, you should adjust for the miles you would have earned if you had purchased a ticket (distance miles, status bonus, class of service bonus, credit card spend, credit card category bonus, etc). When I do this I find that a "100,000" mile transatlantic business class ticket really costs ~125,000 miles.
Aug 6, 2014, 8:37 am
#20
Join Date: Jun 2012
Location: The other side of the radio
Programs: Kettle One ;)
Posts: 44
Example for CSP:
45000 sign up + 3000 spend = 16x on $3000 spend, what cb card are you beating that with?
To the OP use your UR points on what you want but if your goal is CB then there are better cards out there.
Aug 6, 2014, 10:06 am
#21
Original Poster
Join Date: Dec 2013
Posts: 59
Amol, I know volume-wise you do bigger numbers but are you really "beating" sign-up bonuses? Now I suspect you have already gone through most bonuses already but considering the churn opportunities out there, why ignore sign-ups?
Example for CSP:
45000 sign up + 3000 spend = 16x on $3000 spend, what cb card are you beating that with?
To the OP use your UR points on what you want but if your goal is CB then there are better cards out there.
Example for CSP:
45000 sign up + 3000 spend = 16x on $3000 spend, what cb card are you beating that with?
To the OP use your UR points on what you want but if your goal is CB then there are better cards out there.
The best cash back I have seen is the fidelity. I assume you guys are getting some sort of use on a 5% card though to make it worth your time.
Even at 5% to get back $500 a month like that one guy was claiming, you would have to churn $10000 on the card a month. at 2% Fidelity, it would be $25000 a month. I really doubt people are able to MS that much without getting a ton of transaction or cashcard fees.
Aug 6, 2014, 10:13 am
#23
Suspended
Join Date: May 2010
Posts: 2,998
The best cash back I have seen is the fidelity. I assume you guys are getting some sort of use on a 5% card though to make it worth your time.
Even at 5% to get back $500 a month like that one guy was claiming, you would have to churn $10000 on the card a month. at 2% Fidelity, it would be $25000 a month. I really doubt people are able to MS that much without getting a ton of transaction or cashcard fees.
Even at 5% to get back $500 a month like that one guy was claiming, you would have to churn $10000 on the card a month. at 2% Fidelity, it would be $25000 a month. I really doubt people are able to MS that much without getting a ton of transaction or cashcard fees.
seriously
Aug 6, 2014, 12:01 pm
#24
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,089
Since this is turning into a MS Q&A I'm going to close it and suggest further discussion take place there. Thanks.
http://www.flyertalk.com/forum/manuf...-spending-719/
http://www.flyertalk.com/forum/manuf...-spending-719/