Should You be Tempted by Chase’s “Pay Yourself Back” Offer?

Chase is offering a new way for Sapphire card holders to redeem their Ultimate Reward (UR) points. But does it make sense for you? Let’s move about the socially-distanced cabin and take a look.

What is it?

Chase has dubbed it the “Pay Yourself Back” feature. It allows Sapphire card holders to redeem their points for a statement credit. Another way to look at it is as a purchase eraser.

As with redeeming UR points in the Chase travel portal, the redemption rate will depend on which card you have.

Credit Card Reward Programs for Travelers: An Introduction

In the coming weeks we’ll be looking at different types of credit cards and their reward programs, with an aim to introduce you to those frequently used by travelers. Such a topic can be divided into three categories: transferable programs, airline and hotel branded cards, and fixed point value cards.

How Much are SkyMiles Worth? The Value of Delta SkyMiles Part 4

This post is part of a four-part series. In Part 1, we looked at the mechanics of the Delta Airlines program. In Part 2, we looked at its award chart and rules to find valuable awards. In Part 3, we valued specific SkyMiles awards. In Part 4, I’ll put a number on one SkyMile.

In this post, I’ll explain why I value one SkyMile at 1.22 cents, but your value will be different. To start I’ll go back to the values for the redemptions I found in Part 3.

US Airways Email Offering Miles for 1.98 cpm. Is It a Good Deal?

US Airways and American Airlines have merged since the publication of this post so it is no longer valid.

 

Nine minutes ago, I received an email from US Airways saying that I was targeted to buy Dividend Miles with a 90% bonus from now through May 15. Check to see if you have the email.

Clicking the link to Buy Miles in the email, I was brought to a purchase screen where the bonus miles were automatically included. The normal US Air price for miles is $37.63 per 1,000 or 3.7625 cents per mile.

How Much Are Mileage Plus Miles Worth? The Value of United Miles Part 4

This post is part of a four-part series. In Part 1, we looked at the mechanics of the United Mileage Plus program. In Part 2, we looked at the chart and rules to find valuable awards. In Part 3, we valued specific Mileage Plus awards. In Part 4, I’ll put a number on one Mileage Plus mile.

In this post, I’ll explain why I value one United Mileage Plus mile at 1.81 cents, but your value will be different. To start I’ll go back to the values for the redemptions I found in Part 3.

How Much Are Mileage Plus Miles Worth? The Value of United Miles Part 3

This post is part of a four-part series. In Part 1, we looked at the mechanics of the United Mileage Plus program. In Part 2, we looked at the chart and rules to find valuable awards. In Part 3, we’ll value specific Mileage Plus awards. In Part 4, I’ll put a number on one Mileage Plus mile.

Now that we've looked at the rules of the Mileage Plus program, and we've looked at the chart to find some valuable awards, we're going to value specific awards.

How Much Are Mileage Plus Miles Worth? The Value of United Miles Part 2

This post is part of a four-part series. In Part 1, we looked at the mechanics of the United Mileage Plus program. In Part 2, we’ll look at the chart to and rules to find valuable awards. In Part 3, we’ll value specific Mileage Plus awards. In Part 4, I’ll put a number on one Mileage Plus mile.

In this post, I'll detail what I think are some of the best Mileage Plus awards from North America.

How Much Are Mileage Plus Miles Worth? The Value of United Miles Part 1

This post is part of a four-part series. In Part 1, we will look at the mechanics of the United Mileage Plus program. In Part 2, we'll look at the chart and rules to find valuable awards. In Part 3, we’ll value specific Mileage Plus awards. In Part 4, I’ll put a number on one Mileage Plus mile.

United miles have a reputation among mileage collectors for being the most valuable mileage currency around.

How Much is an AAdvantage Mile Worth? The Value of American Airlines Miles Part 4

This post is part of a four-part series. In Part 1, we looked at the mechanics of the AAdvantage program. In Part 2, we looked at the mechanics of a stopover, including how to use them to get free oneway trips within North America. In Part 3, we valued specific AAdvantage awards. In Part 4, I’ll put a number on one AAdvantage mile.

In this post, I'll explain why I value one AAdvantage mile at 1.77 cents per mile, but your value will be different.

How Much is an AAdvantage Mile Worth? The Value of American Airlines Miles Part 2

This post is part of a four-part series. In Part 1, we looked at the mechanics of the AAdvantage program. In Part 2, we’ll look at the mechanics of a stopover, including how to use them to get free oneway trips within North America. In Part 3, we’ll value specific AAdvantage awards.