3 ms·
A taxy costs you $1/mile minimum. If you think 1 cent per mile in an airline is a good exchange rate I have a bridge to sell you...
by psykovsky 11y ago
A taxy costs you $1/mile minimum. If you think 1 cent per mile in an airline is a good exchange rate I have a bridge to sell you...
- ghaff 11y agoYou may have misunderstood me. I was talking about the value of frequent flyer reward miles. So, for example, in rough terms, a round trip coast-to-coast coach flight in the US is going to cost you on the order of 50,000 rewards miles depending upon a number of factors. Buying the same ticket for cash will probably run you about $500--again in rough terms. So your "miles" (really reward points but everyone calls them miles) are worth about a penny a mile in that scenario. Some airlines are moving to systems that tie reward miles more explicitly to both cost of tickets paid for and value of tickets being redeemed for but the above scenario is how it's generally been done to date.
- psykovsky 11y agoYeah, I really did misunderstand you. Sorry. And thank you for the explanation!