It isn't accurate to count it as $18k in realized value from cc points if you would have never spent that much on the thing without the points. The actual real

It isn't accurate to count it as $18k in realized value from cc points if you would have never spent that much on the thing without the points. The actual realized value is the amount that one would have been willing spend on the thing with their _own_ money, if they didn't have the points.