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26 kwi 2024 · Airline Program: Value of a Mile: Alaska Airlines: 1.4 cents per mile: American Airlines: 1.7 cents per mile: Delta Airlines: 1.1 cents per mile: Frontier Airlines: 1.1 cents per mile: Hawaiian Airlines: 1.2 cents per mile: jetBlue: 1.5 cents per mile: Southwest Airlines: 1.5 cents per mile: United Airlines: 1.2 cents per mile
11 lut 2022 · In this case, 60,000 United miles are worth $678 according to our valuations. As the one-way cash price of this flight is $3,467, your 60,000 miles save you $2,783, which is a steal of a deal. You are getting roughly 5.8 cents per mile, which is more than five times our current valuation. Verdict: (Definitely) book with miles.
20 paź 2022 · If that flight costs $500 (2 cents per mile) or more, that's generally a good use of your miles. However, when money is tight, keeping a stash of airline miles can help with emergencies. If a family member falls ill and you absolutely have to be there, redeeming miles (even at a poor value) can help you preserve cash.
29 mar 2024 · Airline miles or points — the currency that you can redeem for flights, hotel stays and other rewards — work a little differently at every airline. Typically, they're worth 0.8 to 2 cents each ...
16 maj 2024 · Overall, airline miles have increased in value over the last several years. This may be partially due to increases in the cost of cash fares, but not completely, since cash fares actually dropped ...
11 kwi 2023 · How many Discover Miles for a flight. Every Discover mile is equal to 1 cent off the cost of your flight meaning that a $200 flight would cost 20,000 Discover miles. In order to calculate Discover miles needed, you will simply need to multiply the cost of your flight by 100.
The Value of Each Example’s Mile. For reference, here is what the equation looks like: Cents per Mile Value of Award = 100 x (value of award – taxes & fees paid) / (miles used + miles foregone) Example #1: Bill’s United miles were worth 1.44 cents per mile: 100 x (200 – 5.60) / (12,500 + 1,000) = 1.44. Example #2: Jacqueline’s ...
