Tuesday 13 November 2012

Buying air miles is a bad idea

For United Airlines, a saver award round trip ticket from Boston to Shanghai requires 65,000 miles. The round trip usually costs around $1000. This means 1 mile is worth $0.015. When I buy miles, each mile costs $0.035. So it's not worth it to buy miles.

I made the mistake by considering how much it costs to earn miles through taking flights. But earning miles this way is basically free because I'm taking the flight anyways.

So in conclusion, it is almost always a bad idea to buy air miles.

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