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Tuesday, February 5, 2013

Jump off it?!

One of the major sources for information is http://www.flyertalk.com/, and in a forum post, someone has mentioned that Office Depot has started to remove all gift cards and prepaid cards with variable loads (i.e. the $500) ones. The max you can buy now is $200 with a $7 fee, effectively bringing the cost of Chase Ultimate Rewards points to $0.008 instead of $0.004 (an increase of double!) Taking the math out of it for you, if you were to redeem on United for trips, here are the following costs for a round trip fare in economy.

Destination Mileage Plus Points Cost in US Dollars
Continental US 25,000 $213
Caribbean 35,000 $298
Hawaii 40,000 $341
Europe 60,000 $511
Asia 65,000 $554
India 80,000 $682


As you can see, you still get a good deal out of it, but it's far from the deal we got earlier. With the prior deal, we were able to get a round trip to Asia in BUSINESS class for $360. Remember there would be taxes and surcharges so add maybe around $100-$200.

Just as my last post mentioned, these deals are dying out quickly. We continue our quest to find new means to get more points!

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