frequent flyer points vs retail infographic

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You have frequent flyer points but how much are they worth? Steve Hui from http://www.iFLYflat.com.au and David Boyd from http://www.creditcardcompare.com.au/ compares frequent flyer points vs. the retail prices for return flights departing from Sydney to London and New York in business class – both very popular and iconic destinations. Get the original research available from: http://www.creditcardcompare.com.au/frequent-flyer-points-vs-retail-cost/

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Page 1: Frequent Flyer Points vs Retail Infographic

CREATED BY IN COLLABORATION WITH

200,000

250,000

170,000

102,000

$7593

$8194

$6159

$8246

281,608 $76912.53

256,000 $82272.65

256,000 $85312.72

3.21

3.05

190,000 $87094.10

175,000 $72343.51

2.72

155,000 $53792.82

6.74

Business ClassDeparting from Sydney in & Return

SYDNEY

You have frequent flyer points but how much are they worth?Let us show you. Here we compare the number of frequent flyer points vs. the retail prices to fly from Sydney to London, and Sydney to New York – both very popular and iconic destinations. When you redeem your points to fly, you also need to pay fuel surcharges, fees and taxes. This is normally a hidden surprise at the time of booking. Hence we have calculated what iFLYflat calls the ‘cents per points value index’, showing the value of each point. This helps you work out how much your points are worth and determine the maximum amount of surcharge you can pay and still get a good deal.

POINTS vs RETAIL

LONDON

NEW YORK

$8004370,4382.11

$7784280,0002.36

$8214

$6641

256,000

250,000

2.82

2.65

$10657215,0004.33

$6830110,0005.41

$6772305,0002.18

$8363

$7804

175,000

160,000

4.37

4.35

$6061160,0003.71

Retail Ticket PricesAirlinePoints NeededCents per point value index

SYDNEY to LONDON

SYDNEY to NEW YORKRetail Ticket PricesAirlinePoints NeededCents per point value index

Apart from flying, airline points can be earned and transferred from certain credit cards. Each airline point is different, some points are easier to accumulate than others, some airlines have more seats available for points to book and others are nearly impossible, some airlines have a better flying experience than others. This is where it can get more complex and services like iFLYflat and Credit Card Compare can help some people get the most out of their points potential.

Points transfer to CarriersWHICH AIRLINE PROGRAMS CAN YOU TRANSFER YOUR POINTS TO?

1. All values in AUD. 2. This represents the points required for flying on the airline’s own plane. 3. Points needed to fly on an airline alliance partner may be different to the

amounts quoted. 4. Each airline point is independent and cannot be combined. 5. Each credit card product will have specific features, which may include reward points

caps, different transfer ratios to airlines and ability to transfer to certain airlines only. Check your card for its features and benefits.

Steve HuiIFLYFLAT.COM.AU

David BoydCREDITCARDCOMPARE.COM.AU

What is more important than earning more points, is to understand which are the right frequent flyer and credit card points that best suits you. This can make all the difference. Not all points are created equal, some points are easier to earn than others, some airlines will require lower points to fly between A and B, may have more seats available and a better flying experience.

Before you spend your points you’ll need to earn them and one of the fastest way to earn frequent flyer points with credit cards is the sign up bonus which is offered to new customers. Mind you, make sure your new card has competitive interest rates and fees as well as a strong points-earning-rate. If you’re really serious about earning points then you’ll need to check for points tiering and capping, both of which you’ll want to avoid.

FLYER TIPS

CREDIT CARD TIPS

Qantas Virgin Velocity

Virgin Atlantic

Air New Zealand

Malaysia Enrich

Singapore KrisFlyer

Cathay Asia Miles

Etihad Emirates Thai

Retail price of the ticket (less) tax payable

when redeeming points

= Number of points to redeemCents per points value index

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