Reasonable Redemption Values

Tag Archives for Reasonable Redemption Values.

Are points worth what they buy or what they save?

If your employer offered to pay the next $1,100 you earn in pizza, what would you say? Unless you work at a pizzeria and they’re offering to let you sell your pizza share or something, you’d probably be skeptical at best about choosing pizza over cold hard cash. Why? That’s a silly question, but the obvious answer is that you can’t pay the mortgage with pizza, you can’t buy clothes with pizza, etc. The pizza…

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Our 5 Best Value Hotel Award Redemptions Of 2018 (And One That Provided Even Better Value)

Executive Suite at Grand Hyatt San Antonio

My wife and I have just completed the first year of our 5 year, 50 state road trip. During that time we’ve stayed in more than 60 cities, 47 different hotels, 18 Airbnb properties and with 5 sets of family and friends. Hotel loyalty schemes have helped make the trip affordable as 129 nights at 24 different hotels were booked using points in 2018. I try to maximize our points as much as possible which…

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Points & miles changing fortunes. Which points are worth more (or less) than before?

Credit Card Trends

I maintain point values (Reasonable Redemption Values) for each of the major travel and credit card points programs.  Most of the values are derived from a mix of empirical data and calculations based on logical assumptions.  The results are objective and unbiased.  Up-to-date numbers can always be found here: . RRVs made it possible for me to create objective estimates of the value of credit card signup bonuses.  From those estimates, I created unbiased credit…

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What are hotel points worth? November 2017 reasonable redemption values.

Hotel points and airline miles vary in value depending upon how you use them.  For example, you could spend 15,000 Hyatt points for a night at a $150 hotel to get 1 cent per point value, or you could spend the same 15,000 points for a $1,500 resort night (as I did in Costa Rica last year) to get 10 cents per point value. Even though there is no right answer to how much points…

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Oddball airline miles (Southwest, JetBlue, etc.) are worth…

British Airways Avios are worth 1.17 cents each Frontier Bonus Miles are worth 1.02 cents each Hawaiian Miles are worth 0.81 cents each JetBlue TrueBlue points are worth 1.46 each LATAM Pass kilometers are worth 0.67 cents each Southwest Rapid Rewards are worth 1.6 1.5 cents each Virgin America Elevate points are worth 2.1 cents each This is very much a work in progress.  For the latest and greatest info, please see:  What are oddball…

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Airline Miles are worth 1.4 cents each. A simplified approach to Reasonable Redemption Values.

One credit card offers a $500 signup bonus.  Another offers 40,000 airline miles.  Which is better? One online portal offers 10% cash back when shopping at Macy’s.  Another offers 8X airline miles.  Which is better? Why I care As a blog author, I’m proud to display unbiased credit card sign-up offer rankings: Best Business Card Offers Top 10+ Transferable Points Credit Card Offers Top 10+ Airline Credit Card Offers Top 10+ Hotel Credit Card Offers…

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Amex EveryDay cards deflate Fair Trading Prices, Ink Cash outshines Ink Plus, Freedom outshines both, and more…

Update: This post includes offers that were valid at the time of publication, but have since expired. Please click here to see the best offers currently available. Last week, Point Princess tweeted a request for me to update my Fair Trading Prices page.  Done!  It had been over a year since it was last updated and a lot has changed since then.  Fair Trading Prices are per point estimates of how much money a person gives up by…

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A Reasonable Redemption SNAFU

They’re barely out of the gate, but already there’s a problem with Reasonable Redemption Values.  Reasonable Redemption Values (RRVs) are estimates of the redemption value one might reasonably get from various types of miles and points.  In yesterday’s post, “Reasonable Redemption Values taking shape,” I presented the following table that shows the RRVs in cents per point for various airlines and cabins: RRVs based on estimated ticket value:   American Delta Southwest United Domestic Economy…

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