Valuing points
#1
Original Poster
Join Date: Feb 2024
Posts: 5
Valuing points
We recently had to take a JB flight for a medical reason, and we used 50,000 points to book the flight.
Turns out, we're getting reimbursed for our costs. But how do I get reimbursed for the miles - is there a way to put a monetary value on 50,000 JB points?
Turns out, we're getting reimbursed for our costs. But how do I get reimbursed for the miles - is there a way to put a monetary value on 50,000 JB points?
#4
Original Poster
Join Date: Feb 2024
Posts: 5
#6
Join Date: Apr 2012
Posts: 28
There is going to be a difference of the value upon redemption vs. the replacement cost.
I had 1.3 cents in my head and Frequent Miler is pegging at 1.33: https://frequentmiler.com/reasonable...#Airline_Miles
The replacement cost is going to be higher, and if you intend to submit for that you could start the process of buying points (but not actually go through with it) and screenshot the cost.
I had 1.3 cents in my head and Frequent Miler is pegging at 1.33: https://frequentmiler.com/reasonable...#Airline_Miles
The replacement cost is going to be higher, and if you intend to submit for that you could start the process of buying points (but not actually go through with it) and screenshot the cost.
#7
FlyerTalk Evangelist
Join Date: Mar 2009
Location: NYC
Programs: AS MVPG, DL KM, Bee Six, Bonvoy Plat, Avis PC, Natl Exec, Greyhound Road Rewards Z"L
Posts: 16,710
Depending on the source, TrueBlue points are generally valued at ___. Here are several specific examples:
-J.
- NerdWallet: 1.5 cpp
- TPG: 1.3 cpp
- MoneyGeek: 1.45 cpp
- OMAAT: 1.5 cpp
-J.
#9
Join Date: Apr 2005
Location: BOS,PIT
Programs: Marriott Titanium, Hilton Diamond, JetBlue Mosaic, United Silver
Posts: 461
This really is a challenge. For me, personally, I think points are worth more than the travel websites value them at for one reason: refundability. I can book a flight with points and cancel it any time before departure and get 100% of the points back IN MY OWN ACCOUNT that does not expire (not a travel bank tied to an individual that expires in one year). The taxes and fees portion are another matter, sometimes they go back to the credit card, sometimes they go to a travel bank... one never knows. So far all the travel bank refunds for points purchases have gone to my own travel bank regardless of the name on the ticket, which is better than the alternative.
The travel websites don't take into account the 10% rebate if you carry a JetBlue credit card either.
I have no idea what the entity that is going to reimburse you will use to value your points, but I think cdubz has a great idea to propose the cost of replacement of those points.
The travel websites don't take into account the 10% rebate if you carry a JetBlue credit card either.
I have no idea what the entity that is going to reimburse you will use to value your points, but I think cdubz has a great idea to propose the cost of replacement of those points.
#10
#11
Join Date: Nov 2018
Location: New York
Posts: 799
can i use points to upgrade/choose new seats/EMS seats? I tried earlier and it didnt give the option. I think i am out of luck :/
#12
FlyerTalk Evangelist
Join Date: Mar 2009
Location: NYC
Programs: AS MVPG, DL KM, Bee Six, Bonvoy Plat, Avis PC, Natl Exec, Greyhound Road Rewards Z"L
Posts: 16,710
As far as I know, points can only be used during the initial booking process. Then again, I haven't flown JetBlue on cash or points since 2022, so I wouldn't really know.
-J.