how much are frequent flyer miles worth?
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The average airline mile across major U.S. companies is worth 1.3 cents. The value of an airline mile depends on a few factors, including the airline, whether you are flying international, domestic, economy or business, and the day of the week that you are flying.
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The price varies slightly by trip, though is usually around 0.9 cents/mile. In perspective, most airlines sell miles for 1.7-2.5 cents/mile. At this favorable rate, the overall cost in miles and cash for an award ticket on Etihad can be a great value!
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For first class and business class, 60,000 to 70,000 miles is a good rule of thumb for most airlines. Even though you pay more, you might get more value per miles for flying premium cabin.
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No matter how long your flight is it will cost exactly 15,000 miles to upgrade to first class, worth $270 based on TPG's valuations. You can only upgrade cash tickets booked into one of the five most expensive economy fare classes Y, S, B, M or H, and you need “U” inventory for your upgrade to clear.
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American Airlines Customers can transfer miles for $12.50 per 1,000 miles, plus a $15 fee per transaction. Delta Air Lines Customers can transfer miles for $10 per 1,000 miles, plus a $30 fee per transaction. Frontier Airlines Customers can transfer miles for $10 per 1,000 miles.
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An AIR MILES® Service Fee of $25 + applicable taxes will apply for each passenger*. Collectors are also responsible to pay additional airline change fees. Change fees vary by airline and can range from $30 to more than $200 depending upon destination. All fees are per person and subject to change.
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How many miles are required for award travel in the FREE SPIRIT frequent flier program? Spirit Mastercard® holders can book an award ticket with as little as 2,500 miles with government taxes and fees from only $6.00, when paying the taxes and fees with their Spirit World Mastercard®.
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Aeromexico Miles Value. Calculate the cash value of Aeromexico Miles (Club Premier Points) and get the details on what they can be redeemed for. Aeromexico Miles are valued at around 1.5 cents on average. This comes out to being around 1 cents each if you look at it in terms of Aeromexico Premier Points or kilometers.
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Delta's frequent-flyer program uses a currency called SkyMiles. That rate makes them the most valuable rewards on a per-mile basis of any major U.S. carrier. The industry standard is 1 cent per mile. Flying on Delta and its partner airlines is the easiest way to earn miles.
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How Do United Miles Work? In the United frequent flyer program, MileagePlus miles are the currency you can earn and spend on award tickets and other redemptions. In most cases, you'll earn between 1 and 5 miles per dollar on eligible purchases.
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Dream Miles are more valuable than Cash Miles, however collectors must be wary of saving too long as reward miles expire if unused after five years. ... Air Miles Cash is a decent program that gives collectors a quick and easy way to save $10 each time they've earned 95 reward miles.
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Unfortunately, there is no easy answer to this question, as the value of your points is determined by which flights you redeem them for. Our research reveals that, on average, 1 RBC Rewards point is worth $0.0114 when redeeming for flights.
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Elite members may also use miles to purchase 500-miles upgrades at the rate of 8 upgrades for 40,000 AAdvantage miles. Upgrades can also be earned by Platinum and Gold level AAdvantage elite members. For each 12,500 Elite Qualifying Miles flown, the elite member receives 4 500-mile upgrades.
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Given our 2.5 cents per mile valuation, 25,000 miles equals $625 worth of free flights. 25,000 is a bit of a magic number when it comes to Aeroplan because that's the exact number of miles required to fly from any airport in Canada to any other airport in Canada & USA.
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Based on our most recent analysis, NerdWallet values American Airlines miles at 1 cent apiece. To determine the value of reward miles, we compared cash prices and reward redemptions for economy roundtrip routes across several destinations and dates.
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25,000 Aeroplan miles are worth $625 Given our 2.5 cents per mile valuation, 25,000 miles equals $625 worth of free flights. 25,000 is a bit of a magic number when it comes to Aeroplan because that's the exact number of miles required to fly from any airport in Canada to any other airport in Canada & USA.
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You can purchase 500-mile upgrades for $40 each or purchase 8 upgrades for 40,000 miles. For a 1,900-mile trip, you would need 4 upgrades. 3. Use miles to purchase business or first class award tickets.