I'm trying to figure out how to convert points into dollars. Is there a specific formula or rate that I should use for this conversion? I need to know the exact method to calculate the dollar value of my points.
7 answers
AndrewMiller
Tue Dec 03 2024
For instance, consider a flight that costs $139 in cash.
CryptoMagician
Tue Dec 03 2024
Determining the value of rewards earned from flights or hotel stays is crucial.
BlockchainEmpiress
Tue Dec 03 2024
If the same flight can be redeemed using 21,500 points, the value per point can be calculated.
amelia_martinez_engineer
Tue Dec 03 2024
By dividing $139 by 21,500 points, we find that each point is approximately worth 0.6 cents.
BusanBeautyBloomingStarShine
Tue Dec 03 2024
To calculate this, one should divide the cash cost of a booking by its cost in points or miles.