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How does the math work when buying airline miles?
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Signing up for credit cards to get airline bonuses and flying more are good options to earn miles. With an average redemption/valuation of 1 cent/mile or maybe 1.2 cents/mile why would it make sense to buy airline miles at 1.7 or 2 cents/mile?
airline frequent-flier-miles
asked 2 hours ago
perennial_noobperennial_noob
1417
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Signing up for credit cards to get airline bonuses and flying more are good options to earn miles. With an average redemption/valuation of 1 cent/mile or maybe 1.2 cents/mile why would it make sense to buy airline miles at 1.7 or 2 cents/mile?
airline frequent-flier-miles
asked 2 hours ago
perennial_noobperennial_noob
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
Signing up for credit cards to get airline bonuses and flying more are good options to earn miles. With an average redemption/valuation of 1 cent/mile or maybe 1.2 cents/mile why would it make sense to buy airline miles at 1.7 or 2 cents/mile?
airline frequent-flier-miles
asked 2 hours ago
perennial_noobperennial_noob
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Signing up for credit cards to get airline bonuses and flying more are good options to earn miles. With an average redemption/valuation of 1 cent/mile or maybe 1.2 cents/mile why would it make sense to buy airline miles at 1.7 or 2 cents/mile?
airline frequent-flier-miles
airline frequent-flier-miles
asked 2 hours ago
perennial_noobperennial_noob
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 hours ago
perennial_noobperennial_noob
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 hours ago
perennial_noobperennial_noob
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 hours ago
perennial_noobperennial_noob
1417
asked 2 hours ago
perennial_noobperennial_noob
1417
1417
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
perennial_noob is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
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2 Answers
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It makes a lot of sense for the airlines, obviously.
If you are very near to a free flight, it might make sense to buy a small amount, but generally, it is a very bad deal for the buyer. Not everyone realizes that, though.
answered 1 hour ago
AganjuAganju
22.4k43678
add a comment |
Your experience might vary depending on the mileage program, but whenever I've been offered, buying extra miles is a huge waste of money.
This might be done to get money from people that assume this must be a good value without doing the math.
A legitimate use of it, however, might be when you're very close to a redemption value (e.g. the minimum for any flight is 7500, and you have 7000), there's no other reasonable way to get the miles, and you're able to buy the amount you need without going over too much.
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
add a comment |
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2 Answers
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active
oldest
votes
2 Answers
2
active
oldest
votes
active
oldest
votes
active
oldest
votes
It makes a lot of sense for the airlines, obviously.
If you are very near to a free flight, it might make sense to buy a small amount, but generally, it is a very bad deal for the buyer. Not everyone realizes that, though.
answered 1 hour ago
AganjuAganju
22.4k43678
add a comment |
It makes a lot of sense for the airlines, obviously.
If you are very near to a free flight, it might make sense to buy a small amount, but generally, it is a very bad deal for the buyer. Not everyone realizes that, though.
answered 1 hour ago
AganjuAganju
22.4k43678
add a comment |
It makes a lot of sense for the airlines, obviously.
If you are very near to a free flight, it might make sense to buy a small amount, but generally, it is a very bad deal for the buyer. Not everyone realizes that, though.
answered 1 hour ago
AganjuAganju
22.4k43678
It makes a lot of sense for the airlines, obviously.
If you are very near to a free flight, it might make sense to buy a small amount, but generally, it is a very bad deal for the buyer. Not everyone realizes that, though.
answered 1 hour ago
AganjuAganju
22.4k43678
answered 1 hour ago
AganjuAganju
22.4k43678
answered 1 hour ago
AganjuAganju
22.4k43678
answered 1 hour ago
AganjuAganju
22.4k43678
22.4k43678
add a comment |
add a comment |
Your experience might vary depending on the mileage program, but whenever I've been offered, buying extra miles is a huge waste of money.
This might be done to get money from people that assume this must be a good value without doing the math.
A legitimate use of it, however, might be when you're very close to a redemption value (e.g. the minimum for any flight is 7500, and you have 7000), there's no other reasonable way to get the miles, and you're able to buy the amount you need without going over too much.
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
add a comment |
Your experience might vary depending on the mileage program, but whenever I've been offered, buying extra miles is a huge waste of money.
This might be done to get money from people that assume this must be a good value without doing the math.
A legitimate use of it, however, might be when you're very close to a redemption value (e.g. the minimum for any flight is 7500, and you have 7000), there's no other reasonable way to get the miles, and you're able to buy the amount you need without going over too much.
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
add a comment |
Your experience might vary depending on the mileage program, but whenever I've been offered, buying extra miles is a huge waste of money.
This might be done to get money from people that assume this must be a good value without doing the math.
A legitimate use of it, however, might be when you're very close to a redemption value (e.g. the minimum for any flight is 7500, and you have 7000), there's no other reasonable way to get the miles, and you're able to buy the amount you need without going over too much.
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
Your experience might vary depending on the mileage program, but whenever I've been offered, buying extra miles is a huge waste of money.
This might be done to get money from people that assume this must be a good value without doing the math.
A legitimate use of it, however, might be when you're very close to a redemption value (e.g. the minimum for any flight is 7500, and you have 7000), there's no other reasonable way to get the miles, and you're able to buy the amount you need without going over too much.
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
answered 1 hour ago
wide.writing.immediatelywide.writing.immediately
31718
31718
add a comment |
add a comment |
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