AFF Point Valuations

[sydney slug]

This would have taken an enormous amount of work. Well done.

It's interesting to compare to equivalent projects in the US: see, eg, Reasonable Redemption Values (RRVs).

It's striking that, as you note, this chart doesn't include Qantas' upcoming devaluation, which will drop their value. With that next drop, Qantas points will start to get very close to Classic Plus (1.5c/pt in premium cabins). As I've mentioned elsewhere, it means Qantas has solved the award availability problem — by devaluing points so much that Classic Plus basically reflects what they're worth!

At some point surely businesses begin to ask their shoppers whether they want these less and less useful qantas points or 1% off their bill?

 

[Waddygib]

[points earned when booking with cash] was not part of the calculations

Curious why not? This would increase the "effective" cost of the flight (in points) y 10-20% would it not? Seems very material especially in a world of 2% surcharges.

 

[Kremmen]

We've just updated our Point Valuations for both airline and credit card points.

You've added Alaska Atmos. Why not add American AAdvantage? That's much bigger and generally better value than Atmos. Also it can combine multiple OW carriers in a booking, while Atmos is still a mess in that regard.

 

[burmans]

You've added Alaska Atmos. Why not add American AAdvantage? That's much bigger and generally better value than Atmos. Also it can combine multiple OW carriers in a booking, while Atmos is still a mess in that regard.

Having quite a few Aadvantage points myself I agree but hard to earn them these days in Oz. Whereas Alaska is quite easy.

 

[flyguy77]

I still don't understand how you can do all this analysis and with a straight face say a Qantas Point is more valuable than a Krisflyer Mile...

 

[aikman]

The only way I can make peace with these valuations is to distinguish them from market value.

AFF might value them at X cents but it doesn't mean that is what you get in the real/actual market when it comes time to earn/redeem.