Could not find an article online about how much air miles are worth, so I decided to write one myself. First things first: Air Miles or Cashback? This is the thing that has split the internet since the dawn of credit card rewards. Both sides will have their fair share of arguments to support their team, and we are not going to get into it. Instead, today, we will be going into the math of air miles to determine if it is valuable to us.
How Much Are Air Miles Worth?
If you ask different people, there will be different answers, particularly depending on which credit card you use and which airline you are transferring the miles to. Using SIA flights as the basis of comparison, we compared how much each miles are worth based on their corresponding flight cost. So for a...