Miles & Points

smart rewards

Verizon Smart Rewards: How Much Are My 250,000 Points Worth? (Part 2)

I previously analyzed how much my 150,000 Verizon Smart Rewards (points) were worth (Part 1) (which you should read before this post) and they’ve grown in the meantime to a quarter million.  I concluded that by buying gift cards for about a 10% discount or by booking hotels through the Verizon Smart Rewards portal, you could receive about one cent per point as your best redemption value for Verizon “Smart” Rewards.  Since then, I’ve found a few ways to exceed the one cent per point value, but these methods still require you to spend some of your own cash to…

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AA Miles email

American Airlines Miles Sale – Should You Buy Miles?

If you have a frequent flier account with American Airlines (AAdvantage) you likely received an identical copy of the above promotion: you can buy American Airlines’s miles at a discount.  You may wonder whether this is a good deal.  No worries, so did I. In order for this deal to potentially be worthwhile, you should calculate the cost of the miles.  American normally charges 2.95 cents per miles, but the discount and bonus miles completely changes the equation.  I provided calculations below based on the base number of miles purchased (taxes included in the cost): 20,000 miles: you receive 27,000…