Back a few years ago the rough book value of a mile was 6/10th of a cent per point. Credit card sign-up bonuses are easily in the 25-100,000 point range, so every premium co-brand card pays $150-600 to the airline.
Further, breakage is high in the airline loyalty space, something around 20-30% if I recall correctly.
Back a few years ago the rough book value of a mile was 6/10th of a cent per point. Credit card sign-up bonuses are easily in the 25-100,000 point range, so every premium co-brand card pays $150-600 to the airline.
Further, breakage is high in the airline loyalty space, something around 20-30% if I recall correctly.