I want to know how to convert reward points into cash. Is there a specific formula or method to calculate this? I need step-by-step instructions on how to do this conversion.
6 answers
Silvia
Fri Dec 06 2024
Determining the value of rewards earned from flights or hotel stays requires a simple calculation.
EnchantedSky
Fri Dec 06 2024
To start, take the cash cost of the booking and divide it by the number of points or miles used for the same booking.
Moonshadow
Fri Dec 06 2024
This will give you the value per point or mile for that particular booking.
Martino
Fri Dec 06 2024
For instance, consider a flight that costs $139 when paid in cash.
Valentino
Thu Dec 05 2024
The same flight can also be booked using 21,500 points.