Consolidated Points/Miles Value Chart?
Jan 23, 2014 | 1:37 pm
#1
Original Poster
Join Date: Jan 2014
Posts: 3
Consolidated Points/Miles Value Chart?
Hey, I'm new here and am having trouble finding any sort of consolidated chart for rough values of a single point at the major programs. It's obviously not exact science since people value rewards differently, but if you could please point me in the right direction for an up-to-date chart someone has actually thought through, that would help.
For Example:
HHonors Point = 0.6 cents
AAdvantage = 1.2 cents.....
I'm trying to come up with some strategy about using my newer travel credit cards after meeting the minimum spend on each. I have a couple months before my next AOR and want to spend with the right card in the right areas.
Thanks!
For Example:
HHonors Point = 0.6 cents
AAdvantage = 1.2 cents.....
I'm trying to come up with some strategy about using my newer travel credit cards after meeting the minimum spend on each. I have a couple months before my next AOR and want to spend with the right card in the right areas.
Thanks!
Jan 23, 2014 | 1:51 pm
#2
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 22,919
Welcome to the forum
Every one puts a different value on miles/points. Depends on what you want to use the miles/points for. Any chart would have people disagreeing with the value. So no correct value or incorrect value is possible.
Every one puts a different value on miles/points. Depends on what you want to use the miles/points for. Any chart would have people disagreeing with the value. So no correct value or incorrect value is possible.
Jan 23, 2014 | 1:55 pm
#3
Original Poster
Join Date: Jan 2014
Posts: 3
Does that make sense?
Jan 23, 2014 | 2:37 pm
#5
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,664
It's not a "rough value" question, tho.
For example, valid answers for Delta would include:
There's no shortcut to doing the hard work yourself. Figure out where you want to go and how many miles it would generally take to get you there vs. cash alternative.
(Some of the bloggers try to shortcut the process and tell you but it's meaningless unless you travel exactly like they do. Thus why so many people have BA Avios they can't use.)
For example, valid answers for Delta would include:
- 1 cent/mile using Pay With Miles
- 1.5 cents/mile redeeming for a coach domestic US flight
- 2.5 cents/mile for a business class flight to somewhere warm
There's no shortcut to doing the hard work yourself. Figure out where you want to go and how many miles it would generally take to get you there vs. cash alternative.
(Some of the bloggers try to shortcut the process and tell you but it's meaningless unless you travel exactly like they do. Thus why so many people have BA Avios they can't use.)
Feb 16, 2014 | 5:29 pm
#8
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 9,838
I don't have a particular link for finding values. Search (on Flyertalk and across the web) is your friend.
Feb 16, 2014 | 5:35 pm
#9
Join Date: Nov 2013
Location: Maui HI
Programs: 1k MM, Hyatt Diamond,Marriott Gold, IHG Sphire, SPG Gold, Hilton Diamond, Carson Gold
Posts: 329
I have seen many vaules in threads. Was just wondering if anyone has compiled something in one place. Hotel and airline vaules
Feb 16, 2014 | 7:02 pm
#11
Join Date: Jan 2007
Location: GLA
Programs: AF/KL FB Plat 4L, VA Vel Silver, BA EC, LH M&M
Posts: 1,825
There is no such thing as a general value of points. The value depends on what you as an individual would like to do with your points. If someone, for example, wants to use airline points for domestic coach tickets, the points will have a different value for them than someone who flies international Business class. As for each program there are dozens of ways of how to spend points, this is really a very individual question and I am not surprised that there is no website valuing programs.
Feb 16, 2014 | 8:56 pm
#12
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 22,919
A recent thread on this very common topic http://www.flyertalk.com/forum/infor...lue-chart.html
Feb 22, 2014 | 6:03 am
#13
Join Date: Jun 2009
Location: Lakeville, Ma.
Programs: AA, IHG Platinum
Posts: 42
How Would you value these points $$$
I myself get confused with the value of points/cash. Here is an example I hope to get your help on; my biggest question is am I using the correct formula?
Example: I'm planning a stay at a Country Inn at the end of June in Long Island City, NY. I can get the room for $140.00 a night or use 10,000 points and spend $84.00 for the night. That is a $56.00 a night savings. Now to calculate the value of points what should my formula be???
Do I divide 56/10000=.00056 per point which doesn't seem like a lot.
Thanks
Example: I'm planning a stay at a Country Inn at the end of June in Long Island City, NY. I can get the room for $140.00 a night or use 10,000 points and spend $84.00 for the night. That is a $56.00 a night savings. Now to calculate the value of points what should my formula be???
Do I divide 56/10000=.00056 per point which doesn't seem like a lot.
Thanks
Feb 22, 2014 | 10:05 am
#14
Join Date: Aug 2010
Location: CLT
Programs: AA, AS, UA, BA, Hilton Diamond, Marriott Gold, IHG Platinum
Posts: 2,075
I myself get confused with the value of points/cash. Here is an example I hope to get your help on; my biggest question is am I using the correct formula?
Example: I'm planning a stay at a Country Inn at the end of June in Long Island City, NY. I can get the room for $140.00 a night or use 10,000 points and spend $84.00 for the night. That is a $56.00 a night savings. Now to calculate the value of points what should my formula be???
Do I divide 56/10000=.00056 per point which doesn't seem like a lot.
Thanks
Example: I'm planning a stay at a Country Inn at the end of June in Long Island City, NY. I can get the room for $140.00 a night or use 10,000 points and spend $84.00 for the night. That is a $56.00 a night savings. Now to calculate the value of points what should my formula be???
Do I divide 56/10000=.00056 per point which doesn't seem like a lot.
Thanks
Feb 22, 2014 | 10:09 am
#15
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,664
Sounds like you're taking the cash+points redemption option? Often that's not a good value. Tho you've got an extra zero in there... 56/10000 = 0.0056 or about 1/2 cent per point. Probably slightly higher if you use after-tax prices.
There are many theoretically better ways to use Carlson points but also many much worse ways.
Do you have another alternative plan? For example, if your third option was using priceline for a total price around $100, then your total savings would only be 100-84=$16 or about 1/5 of a cent per point. Not nearly as good.
There are many theoretically better ways to use Carlson points but also many much worse ways.
Do you have another alternative plan? For example, if your third option was using priceline for a total price around $100, then your total savings would only be 100-84=$16 or about 1/5 of a cent per point. Not nearly as good.