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I think the OP's point was to highlight what is considered a waste of points or miles... and a critical issue is defining what would be considered a waste.
In many examples noted previously, whether it be for a last minute expensive ticket, or a ride up in F, I would not necessarily consider it a waste. What I personally would consider waste is what the ALTERNATIVE to using the miles would be. If there was a decent cash option, and the mileage requirement far exceeded the value of the cash option AND the miles could be used for future/another purpose, I would think it's a waste. If there were no use for those miles for anything else, then one can use it up and not consider it wasted because there was no ALTERNATIVE use for them. Also, if one had far more miles than money, then the threshold for defining waste is probably going to be substantially different than the person who is saving his or her hard earned 10K annual miles from flights and credit card spend for a flight to Europe (it would take them 5 or 6 years); whereas some of us, with our business travel/elite status or credit card bonus/spending, earn that in a month or two. |
Originally Posted by brooklynmatt
(Post 20155108)
Well in truth, the actual value of a mile or point is subjective, so whilst some of these (like the 155K SPG) are way out there, nobody really can give a solid answer that fits all. Avios points can be worthless if you only fly TALT but priceless if you fly domestic...
Sadly not as cookie cutter as we would like. |
I've had family members redeem hundreds of thousands of AMEX MR points for crappy products in their catalog many times despite my best efforts to teach them otherwise. So frustrating and depressing.
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Yep, before I knew what I was doing, may or may not have redeemed for some merchandise gift cards...dah.
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Argh - sent 8 scouts to Zurich for 240k - could have sent 24 for the price of 2 seats.:p
Originally Posted by TimesTwo
(Post 20156097)
One of the bloggers recently posted that someone redeemed something like 800k+ star points for two biz class seats to Italy. A little piece of me died when I read that.
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I've always found you cant make someone use their miles in a way you want. One persons good deal can be ripped to shreds by 100's on these boards. If you only use your CC for normal purchases(I know right , who does that??) then you tend to view these points/miles as free. So burning 50k for $300-400 is still a win in your mind. It doesnt have to make sense but I know that this is how most people redeem miles. There is a ton of info on miles/points collecting and redeeming. Most people just dont want to invest the time or care to be involved in our little obsession.
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Originally Posted by Apieinthesky
(Post 20151039)
Well, this isn't necessarily a bad thing. If you don't care so much for J/F, it is a more economical use of miles, and allows you to take more flights.
Of course, I love traveling in style that I can't pay cash for. :)
Originally Posted by MilesGator
(Post 20154694)
This is only technically the best value. Some value more vacations as being greater than fewer vacations in J/F.
Originally Posted by ddallas
(Post 20155245)
:) Meanwhile there's an older gentleman on another forum typing, "my fancy pants kid blows his MR points on J or F seats. I tried to explain to him that he could take twice as many trips if he used his MR points for coach tickets. After a while I realized it was pointless to keep trying to convince him and he is a kid that just doesn't want to get with the program so I gave up.
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Originally Posted by rajuabju
(Post 20156483)
I've had family members redeem hundreds of thousands of AMEX MR points for crappy products in their catalog many times despite my best efforts to teach them otherwise. So frustrating and depressing.
Offer to buy them whatever product they want for 20% less points. You buy them the product on amazon.com. They transfer you the points. |
I spent 3200 Business ExtrAA points on a MileSaaver ticket in J to Las Vegas. Probably not the best use, but some of the points were going to expire, I need to go to Vegas for a bachelorette party, and I had more points than I did cash at that moment.
Then my husband heard I was going to Vegas in J without him, so he is now spending 25k miles one way so he too can go to Vegas in J for his friend's bachelor party. I have made great strides educating someone who didn't have a single FF account before he met me, but I let this one go. :rolleyes: |
Originally Posted by pinks
(Post 20156332)
Lol! Count me in the group who uses miles only for coach tickets. Granted, there are great values to be had using your miles for coach to Palau, or Bangkok on Singapore Air, or the like :D
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Originally Posted by sent
(Post 20157326)
I spent 3200 Business ExtrAA points on a MileSaaver ticket in J to Las Vegas. Probably not the best use, but some of the points were going to expire, I need to go to Vegas for a bachelorette party, and I had more points than I did cash at that moment.
Then my husband heard I was going to Vegas in J without him, so he is now spending 25k miles one way so he too can go to Vegas in J for his friend's bachelor party. I have made great strides educating someone who didn't have a single FF account before he met me, but I let this one go. :rolleyes: |
I have spent 25k miles for one-way domestic economy ticket on AA. But then, the same flight was over $350 cash. So, while it was not a 12.5k redemption, I was happy.
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Originally Posted by friedablass
(Post 20150787)
Be happy he bothered to ask you - he could have agreed to the deal and then told you after it was too late! I hope you were able to prevent it.
And, yes there are many people that have no clue as to the value of the points they are sitting on - how many people do you know who will redeem Amex MR for gift cards at 1 cpp or SPG points for gift cards at a slightly better ratio, but still a pretty awful value? Well, if you don't know of any, rest assured there are plenty out there and there are those that will even redeem points for merchandise which is an even worse value than gift cards. Even my dad who does have some sense as to the value of points and will only redeem for airfare (he uses mostly MR points), does not understand that the best value is in redeeming for J or F seats - he sees it as a "waste" of additional points that he could have used for yet another coach seat. After a while I realized it was pointless to keep trying to convince him and that he is an old-timer that just doesn't want to get with the program so I gave up. At least he's not flushing them on some cruise at a fraction of their value! |
One thing to take into account is that people on this forum love to travel. That's not true of everyone. I have good friends whose idea of a fabulous vacation is a camping trip to the next state year after year. They love it and that's great. Once a decade or so they may do something else. For people like that, the credit card companies need to market other products for their rewards points besides free travel to gain them as customers. What would be a bad redemption to me may be just the thing to entice someone else to participate in a program.
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Originally Posted by pinks
(Post 20156332)
LoL! Count me in the group who uses miles only for coach tickets. Granted, there are great values to be had using your miles for coach to Palau, or Bangkok on Singapore Air, or the like :D
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