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Last episode, we talked about what is the value of a mile and I showed you the exact calculation of how to derive it. So in today’s episode I will share about my valuation of a mile and how to maximise the value out of it.

Economy Class redemptions: 1.1 cpm to 1.7 cpm
Business Class & above redemptions: At least 2 cpm

SIN-MUC 2-11 FEB 2023 Business
Business Lite: date change SGD 340

SIN-SYD 10-17 FEB 2024 A380 Suites Advantage
SIN-SFO 6-14 Jan 2024 Economy

Conclusion: Miles award tickets are more valuable for further destinations and higher class seats.

1. Understand the value of your miles
2. Use your miles for high-value redemptions
3. Plan ahead
4. Be flexible with your travel dates
Value miles based on effort to earn and maintain them
4 mpd = 5% Cashback = 1.25 CPM = Earn Value
Personal redemption value = 1.5 CPM
Manual Effort to accumulate, track expiry dates of miles, plan routes ahead, opportunity cost of not earning miles on award flights

So what is your value of a mile?

#Sponsoredby #Webull

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