Tag Archives for miles.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
What is the value of miles and points by airline, hotel and credit card program? Miles used to be thought to be worth 2 cents. I think that conventional wisdom developed out of the idea that a cross country flight cost about $500… or 25,000 miles. 25 years ago that was generally true, and award availability wasn’t really a problem either.
Today the CEO of Delta talks about their miles being worth a penny. When American Airlines awards a mile for travel they book one cent of liability on their books under new accounting rules adopted for 2018. Those rules required the airline to accrue the expected value of transportation to be provided in exchange for their miles.
Iberia is offering 50% off award bookings if you ticket by February 10 and travel between February 1 and April 15. This works for all cabins including business class as long as you’re traveling on Iberia. That means business class between the US and Spain from just 17,000 miles each way.
It’s worth a reminder as well that Turkish Airlines offers some great award redemptions year-round. They add fuel surcharges onto redemptions, their pricing is very reasonable. Just told tell anyone you’re a Gülenist when you redeem your points.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Several online shopping portals are offering bonus miles right now. When one shopping portal has a bonus usually many do because they’re mostly run by the same company.
All of these bonuses are called “Extra Rewards.” However the earning from each for different merchants and the value of each currency varies.
I’ve used miles to travel the world in a way I never would have expected to be able to. I’ve had some amazing experiences, and done it very comfortably, for a fraction of what it would have cost to purchase these same experiences. I’m humbled and grateful for the opportunities that miles and points have afforded me.
Personal finance guru Dave Ramsey though says it’s all a con.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Iberia is offering transatlantic redemptions on sale for just 17,000 miles each way.
This is useful because Iberia is a transfer partner of both Chase Ultimate Rewards and American Express Membership Rewards, and you can move British Airways points over to Iberia provided your Iberia account has earned miles and been open for 90 days.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
