How much is an American Airline mile worth? What about a Chase Ultimate Reward Point? In this article we’ll layout a simple process for how to value points and miles. Specifically, on how to value points and miles based on your unique travel habits. Travel blogs might value a Citi ThankYou Point between 1.6-1.7 cents a point.  But how much is a Citi Thankyou point worth to you? In this article we share four simple steps on how to value a point or mile.  Without further ado.  Here we go:  Step 1 – Create a List of Ways in Which You Will Potentially […]

If you’re someone in the points and miles community, you’ve heard of earning 3% with the Discover Miles It card. But if you go to Discover.com and search for their Discover it Miles “3%” card, you’ll come up empty.  And a reason you won’t find a “3%” card leads to the topic I want to explore.  In what way is this a 3% card? First a quick overview of the card.  When you go to Discover.com, you’ll “discover” that the Discover it Miles Card earns 1.5% cashback on all spending (they call it miles).  So how does a card that earns 1.5% turn into […]

We recently wrote in article in which we compared a cash back card to a card that earns transferable, but cashable points.  For the cashback card we used an imaginary 2% card.  For transferable points we used the Chase Freedom Unlimited.  The article prompted some good discussion.  People brought up cards such as… The Discover it Miles Card at 3% The Amex Blue Business Plus which has the potential to cash out at 2.5% The Citi Double Cash at 2% The Bank of America card at 2.625% Those are four great cards.  Each offers an appealing overall value to the cardholder.  We personally use all four of the […]

In light of current circumstances we’re looking at shifting credit card spending away from cards which earn program-specific points, and aiming them towards either… Cards which earn cashback Cards which earn transferable currencies that can be converted to cash.   The common theme being the ability to go to cash.    With non-essential travel on hold, cash is an appealing option.  But we also like premium travel, and normally get outsized value with transferable currencies.  So, as someone who prioritizes travel, but wants the fallback option of cash, which of the two above options is the best path forward, transferable but cashable points, […]