Lots of people will tell you that currency with such and such loyalty program are worth a certain amount. Maybe 2.5 cents for SPG’s Starpoints, or 1.5 cents for British Airways’ Avios. But value is about more than just “cents per mile.” Utility. That’s what I consider most important. What can you actually do with those miles? [...] This post was originally published on Travel Codex. Continue reading...