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re: Credit Card Rewards and Points Discussion
Posted on 8/5/17 at 5:47 pm to cfa626
Posted on 8/5/17 at 5:47 pm to cfa626
Proud of my most recent redemption (today).
Just redeemed 120K SPG points to get 7 nights at the Wailea Resort on Maui and 162K Aeroplan miles. Used Marriott nights and flights Cat 8 redemption. Aeroplan is running a 35% bonus from hotel transfers right now so my 120K miles from the package will turn into 162K.
Total price in SPG points for just the hotel was 80K (240K Marriott)
Total $$ price of just the hotel - $3,351. "Technical" CPP = 2.8 cpp. Plus whatever you value 162K Aeroplan miles at (at least 1.5cpp). Adding that in - the actual value of the whole package is $5,781. Close to 4.8 cpp.
I would have paid upto $120 per night for a hotel so assigned CPP = 0.7cpp but again, the airline miles make up for it. (2.75 cpp after adding the miles)
Not bad at all!
Just redeemed 120K SPG points to get 7 nights at the Wailea Resort on Maui and 162K Aeroplan miles. Used Marriott nights and flights Cat 8 redemption. Aeroplan is running a 35% bonus from hotel transfers right now so my 120K miles from the package will turn into 162K.
Total price in SPG points for just the hotel was 80K (240K Marriott)
Total $$ price of just the hotel - $3,351. "Technical" CPP = 2.8 cpp. Plus whatever you value 162K Aeroplan miles at (at least 1.5cpp). Adding that in - the actual value of the whole package is $5,781. Close to 4.8 cpp.
I would have paid upto $120 per night for a hotel so assigned CPP = 0.7cpp but again, the airline miles make up for it. (2.75 cpp after adding the miles)
Not bad at all!
This post was edited on 8/5/17 at 5:50 pm
3
Posted on 8/5/17 at 5:51 pm to AmeriKop45
So you're spending 120k Starwood on hotel, and that's going to earn you Aeroplan miles? That's solid.
I'm eyeing using my American miles on Cathay. I was looking at their award availability and unless it's phantom it's pretty wide open to be usable for business class. I might get use of it after all.
Signed up for Barclays American one purchase and $95 for 50k to bring me up to 290k miles to cover two tickets. Hopefully I'm not missing something as I need to be ready to book for around September 2018.
Thing is i don't have a destination. My wife wants a kid so she said, go, bring a friend as a trade
. Only rules are no New Zealand or Vietnam which is manageable. Right now Guilin area etc in China or perhaps Lhasa, Nepal, and Bhutan even with their crazy visa rules are high on my list so far, but I'm taking suggestions.
I'm eyeing using my American miles on Cathay. I was looking at their award availability and unless it's phantom it's pretty wide open to be usable for business class. I might get use of it after all.
Signed up for Barclays American one purchase and $95 for 50k to bring me up to 290k miles to cover two tickets. Hopefully I'm not missing something as I need to be ready to book for around September 2018.
Thing is i don't have a destination. My wife wants a kid so she said, go, bring a friend as a trade
. Only rules are no New Zealand or Vietnam which is manageable. Right now Guilin area etc in China or perhaps Lhasa, Nepal, and Bhutan even with their crazy visa rules are high on my list so far, but I'm taking suggestions.This post was edited on 8/5/17 at 5:56 pm
Posted on 8/5/17 at 5:53 pm to AmeriKop45
Wow that's awesome. You must be spending quite a bit to get that much. Or found some good ways to manufacture.
With IHG it looks like it would take over a year of spending for me to get a free night at a decent hotel.
Guess I'll just keep churning for sign up bonuses and then cancel after I redeem.
SPG's sign up of 25k points looked like 2 nights at a nice hotel. Congratulations on earning enough points for the nights in Maui. I'm jealous.
With IHG it looks like it would take over a year of spending for me to get a free night at a decent hotel.
Guess I'll just keep churning for sign up bonuses and then cancel after I redeem.
SPG's sign up of 25k points looked like 2 nights at a nice hotel. Congratulations on earning enough points for the nights in Maui. I'm jealous.
Posted on 8/5/17 at 9:14 pm to AmeriKop45
I did similar this past February with the Marriott flight/hotel package redemption but for the Southwest 120k pts, Companion pass and 7 nights Kauai Marriott. Great value with the CP as I used it 5x this year already. Too bad SW axed that loophole.
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