7. Should You Book with Cash or Points? - How to Know if a Points Booking is a Good Deal
Points Everywhere by Courtney Gardner
Episode notes
One of the biggest hangups when booking award flights or hotel stays is knowing whether or not you are getting a good deal by spending your points, or if booking with cash makes more sense. I don’t book ALL of my travel on points- I save my points bookings for when I am going to get the greatest VALUE for my points. This means that I am able to stretch my points further by choosing to book some things with cash. Let’s dive in to how to take the guesswork out of this. In this episode, I'll demystify figuring this out, so that you can book with confidence!
Award redemption value (Cents per point/ccp)
- Calculating the value of an award redemption requires a simple formula: Redemption value = (cash price – taxes and fees) ÷ points or miles used × 100
- This gives you the value of each point or mile in cents (Cents per Point or cc ...
Keywords
travelpoints and milespoints travelbudget traveltransferrable pointschase pointsfamily travelcalculate cents per pointccp