In September, 2009, JetBlue announced some major changes to its TrueBlue frequent flyer program, requiring GetDebit to completely re-evaluate our estimate of the worth of JetBlue’s TrueBlue points. Previously, we had estimated JetBlue points to be worth about $0.0120 per point. With the changes to the program, that
At a high level, estimating the value of Delta Skymiles® is a 3-step process:
In order to calculate the value of certain frequent flyer programs, it is necessary to understand what it would cost to buy those airline tickets with cold hard cash. In economic terms, I think this is referred to as the replacement cost. Given that airline pricing strategy is
The Citi Platinum Select Mastercard does not offer any sort of rewards program, so it’s not of much interest to GetDebit, except for potential balance transfers.
Since the federal approval in October, 2008 of the merger between Northwest Airlines and Delta, the two airlines have made strong progress in integration. Of particular interest to GetDebit is the fact that their frequent flyer mileage schedules are now identical in terms of miles required to travel to
Quite simply, in almost all cases, non-cash awards (such as store gift cards, frequent flyer miles, hotel points, etc) are not as valuable as the same cash-equivalent award. For example, would you rather have a $100 Amazon gift card, or $100 in cash. Aren’t they worth the same?
There are actually 2 tiers of the American Express Membership Rewards Program—the MR tier (this is the “full” program) and the Express Tier (which is identical to the MR tier except that you can’t transfer points to other frequent flyer/hotel programs). The Express Rewards program typically applies to
The American Airlines AAdvantage (“Advantage”) Rewards program is the 1st and world’s largest frequent flyer program, or so their website claims. Travelers earn miles when they fly on American Airlines, American Connection/Eagle, or more than 20 other airline partners. The American Airlines Advantage program offers several different types
Prepaid gift cards are a staple of the holiday season. They’re easy to purchase and to give as gifts, and show the thoughtful care that goes into selecting exactly what’s right for a friend or family member, without having to worry about buying the wrong fit, color, or model. Best