Miles Worth It | Buying

Before buying, do this quick math provided by experts at Chase :Divide the by the number of miles required .

Points from American Express or Chase can be moved to dozens of different airlines instantly, giving you more flexibility than being locked into one carrier. buying miles worth it

Buying miles at their "sticker price" (without a bonus) is almost always a losing game. You will likely pay 2–3 cents per mile for something worth only 1–1.5 cents. How to Calculate the Value Before buying, do this quick math provided by

In the world of travel hacking, there is one universal rule: . Miles are not an investment; they are a currency that airlines can (and do) devalue at any time without notice. If you buy 100,000 miles today with no plan, you might find that the 80,000-mile flight you wanted suddenly costs 120,000 miles tomorrow. When It’s Actually Worth It You will likely pay 2–3 cents per mile

Sometimes, buying miles during a 100% bonus sale is cheaper than paying the cash price for a business or first-class ticket. For example, if a business class seat to Asia costs $6,000, but you can buy enough miles to book it for $3,000, you’ve just saved 50%.

If the price you are paying to buy the miles is higher than this number, you are losing money. Better Alternatives If you're short on miles, consider these methods instead: