Reply to Credit card points are useless if you have kids

Forum Index » Money and Finances

Reply to "Credit card points are useless if you have kids"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Huh?

Last spring break, we flew to France for 120K points and $1K in taxes. 4 tickets on KLM.

This spring break, we are flying to Zurich. 140K points and $1K in taxes. 4 tickets again.

We stayed 4 nights in a suite in NYC with the kids for Veterans Day weekend. All the holiday decor is already up. It was 90K points total, I booked it one month out.

Booking 5 days out for a holiday weekend? Of course there is NOTHING left. [/quote]

But really it’s $1200 for 4 tickets… 300 each + tax so $550/ticket.

How is it different than just retrieving your points for money and paying $550/ticket.

It’s just really cash back.[/quote]

You're not paying $550/ticket during Easter week or summer.

Like I said: RT was 35,000 points plus $250/taxes per seat. I booked it out a year in advance. At the time, the same itinerary was $1200/ticket in straight cash. That's 2.7 cents per point of value when you deduct for the taxes I did pay. It was a good deal when it was booked.

I cannot control what the airline may be charging today for the same itinerary during Easter week to Europe. Sunk cost.[/quote]

I just looked up my exact itinerary right now - it's priced at over $1500/ticket when you include option to check one bag on KLM. So right now I'm getting 3.6 cents per point of value relative to trying to book today.

You can get United direct (no layover) for $1136 per ticket in cash ($4541 total). Sure that's a better deal if you're willing to pay cash today. But I paid 140,000 Chase points and $1000 in cash. So yeah, I saved $3500 in my pocket which covers our very nice hotel at an Alps ski resort for the week.

Who keeps repeating the dumb canard about "no good deals"?[/quote]
It’s simple. When you can’t figure it out you just say it’s dumb and everyone else is a sucker.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics