Value of Delta Miles
May 29, 2017, 12:57 pm
#1
Original Poster
Join Date: Jan 2011
Programs: Marriott Plat Premier/SPG Plat
Posts: 39
Value of Delta Miles
Hi,
I have a $300 Delta Gift Cert and 40k miles.
Planning to do a $400 Roundtrip. If I use the miles, am I short-changing myself at 1 cent/mile?
Assuming I can always use Gift Cert at later point...
I have a $300 Delta Gift Cert and 40k miles.
Planning to do a $400 Roundtrip. If I use the miles, am I short-changing myself at 1 cent/mile?
Assuming I can always use Gift Cert at later point...
May 29, 2017, 1:02 pm
#2
FlyerTalk Evangelist
Join Date: Apr 2009
Location: Bye Delta
Programs: AA EXP, HH Diamond, IHG Plat, Hyatt Plat, Marriott Plat, Nat'l Exec Elite, Avis Presidents Club
Posts: 16,278
1 cent per mile is generally considered the absolute floor in mile valuation. Since you can essentially always redeem at 1 cent each, in your shoes I'd probably use the cert, and keep the miles for next time to try and get better than 1 cent each for them.
May 29, 2017, 1:42 pm
#3
A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 100,417
Also, keep in mind that certs expire but (at this point in time) DL miles do not (although they do depreciate in value).