Saigon Notre-Dame Basilica: Imported From France
So I am a points millionaire! It only took me a year from zero to the 2 comma club. As for realizing this I started a spreadsheet where you can input your UR points and MR points and it will auto calculate what you will get for each transfer partner. You can also put in how many points you have for each program and it will give you a grand total. I used TPG for my valuations, keep in mind your redemption can be much more than whats estimated.
Whats the point really of having a million points over all these programs? The answer is nothing, since they are pretty much worthless when not used, and with the yearly devaluation of value there is really no point in holding on to them for more than you need. My only regret is to not have the end game figured out before earning these points. I should of started with a trip in mind, and then earn points to achieve this goal.
The last two weeks have been busy with my attempt to use up all of these points before PCSing to the states. As I write to you I am in Saigon Vietnam having flown here on JAL using Avios miles. I earned the miles with the BA credit card from Chase which got me 100,000 Avios for $20,000 spend in one year. The flight cost only 12,500 Avios miles, but is worth $1,800 in value yielding a whopping 14 cents per mile. You can also transfer Amex MR points at 10 for 8 or 1 for 1 using Chase UR points.
$1,800 JAL 787 flight from HND to SGN for 12,500 Avios!
Another great redemption was using all 50,000 IHG points at the ANA Intercontinental in Tokyo. These points were earned after mailing in 94 separate index cards to earn between 500 and 5,000 points each! The offer is over but it certainly paid off a $400 hotel room with $50 in stamps.
Then travel to Guam was an excellent redemption for 25,000 United MP miles to book RT from KIX to GUM first on United UA150/151, tons of saver award spots (12,500 a segment). If you fly on the weekdays you can usualy get a free business clss upgrade with your silver or gold status.
Hope that gets you thinking of redemption of these miles. If you aproching one million, stop earning and start living up the awesome award travel!