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Personal Finance (Not Investing) • Bank of America Premium Rewards Elite? (credit card)

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When you redeem for airfare you get a 20% boost through the PRE travel portal. So 2.625% x 1.2=3.15%
It’s actually 2.625% / 0.8 = 3.28%, because you get a 20% discount on the airfare to use points, not 20% extra value for the points.
It's less than that, though. Because you also have to factor in the value of the points you would have received if you had purchased the airfare with cash instead of redeeming for it.

Statistics: Posted by johnanglemen — Sun Jul 28, 2024 9:11 am — Replies 47 — Views 3298



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