Cash v. Points – Your Choice
For all of us who are mileage junkies, getting the best value for the hard earned miles/points is of premium importance. I am of that camp too. But, when it comes to spending money, I work much harder to make a living than I do to earn miles. So, when I posted my recent article describing how to redeem American Express Membership Rewards points for airline tickets, the backlash I got was surprising. I gave my own example of how I redeemed 35,000 Membership Rewards Points for a $350 airline ticket. I was slaughtered by some of my readers who left comments! I was told that this was sacrilege and I was doing a disservice to my readers. Wow!
My Money – My Points. I choose how I spend them. I decide which I value more. I worked hard to make the $350 (I make good money, but it is still hard earned). I filled out a credit card application form and spent a few thousand dollars that I would have spent anyways, to get the points. Which should I be able to part with more easily? My choice!
Yes, I did not get the best value for my points. But I earn miles and points to redeem them when I need them, not to have them sit around waiting for the best deal to come around. I do that with my money though. I have to fly when I have to. I cannot take a cheaper flight – none available. I cannot redeem airline miles – no award seats available. I chose to redeem my points, even if it was a bad redemption rate. You should decide based on what you need too. Decide what you believe is the best value for YOU! Not what some blogger tells you is the best value.
Ready to receive comments. Leave one below…
(Note to self: Remember to put on your flak jacket this time)