Miles Cards

haider · Joined: 07 Feb 2008 Posts: 14

I'm looking for an airline rewards card, but am having a hard time comparing them because a "mile" in rewards term doesn't seem to equal a mile traveled. Is a reward "mile" worth the same value between different credit card issuers? What is the approximate distance / cash value if so?

Thanks.

MoBi · U POSTER Joined: 08 Feb 2008 Posts: 38

You're absolutely right, a "mile" is not a mile. Sad

Try to think of it more like points. Unfortunately the value of a "mile" is not consistent between bank. Whenever you comparing cards offered by the same bank they are usually the same, but not between banks. The best suggestion I'd have for you would be compare the rewards available with a fixed number of miles, say 1000, and try to assign a dollar amount yourself.
Hope this information is helpful!

DanV8 · U POSTER Joined: 06 Dec 2007 Posts: 33

Can we compare miles from Capital One to miles from, let's say, Discover? CapitalOne offers 1.25 miles for each dollar spent. Which in turn is 25% more than any other card.

Intro APR:

Reg APR:

Annual Fee:

MoBi · U POSTER Joined: 08 Feb 2008 Posts: 38

I wouldn't have deal with Capital One!
I have my Blue Sky from American Express and happy with it.
With Blue Sky AMEX you are not only earning mile points (1 mile for each dollar youspend), but also you have the whole banch of benefits like hotel and car rent discount.
Moreover, there is no travel restrictions and no blackout dates.
I think Blue Sky from AMEX is the best choise for frequent traveler.

BLUE SKY FROM AMERICAN EXPRESS

Intro APR:
0%
Reg APR:
as low as 8.24%
Annual Fee:
$0

Apply for Blue Sky from American Express

DanV8 · U POSTER Joined: 06 Dec 2007 Posts: 33

That's what, I thought, No Hassle Miles was! But they give you 1.25 points for every dollar you spend with all the benefits that you were talking about. If I cans get more points for my money and these points of the same value as points from other reward programs, then this is the best airline card for me! Smile

Claudia · U POSTER Joined: 11 Feb 2008 Posts: 40

i have heard bad things about capital one. however if you compare the features of their miles card - no hassle miles or whatever, their offers look much better than blue sky from amex. besides, amex requires almost perfect credit to get approved for their cards.

Steve B · Joined: 06 Feb 2008 Posts: 46

I have a GAS MILES card. It sure does fetches me a gift every month in terms of few gallons of free gas from gas stations based on my usage. Smile

In fact i am going to save the miles for this month and would probably save it till i get a better deal from them. Just hoping that they dont the concept of the miles not being used for months being lapsed. Can anyone tell me will they lapse my miles if i dont make use of it Question

CHASE FREEDOM (SM)

Intro APR:
0%
Reg APR:
As low as 9.99%
Annual Fee:
None

creditmix · U POSTER Joined: 07 Feb 2008 Posts: 55

DanV8 · U POSTER Joined: 06 Dec 2007 Posts: 33

Thanks, Claudia. I've heard bad things about all kinds of credit cards. I guess it's normal, there's no perfect card. I was just wondering about point-value factor in choosing a card.