How do You Value a United Mile?

Discussion in 'United Airlines | MileagePlus' started by Pizzaman, Feb 11, 2011.  |  Print Topic

  1. Pizzaman
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    Pizzaman Co-founder

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    I'm an AA EXP that got dragged kicking and screaming over to United. I'm curious how people value a United mile compared to other points.

    I've applied for and received the United MP Select Visa. It's a no-brainer that I'd charge my airline tickets there and get 3:1.

    I'm pretty sure I should charge some things like gas to get the 2:1. But, I guess it depends on how I value that UA mile versus an AA mile or an SPG point.
     
  2. ifly153
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    ifly153 Gold Member

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    I value a UA mile at about 1.5 cents a mile, which is what I normally get redeeming an international economy saver ticket for family vacations.

    I do value them over AA/Delta miles, because as a 1K, I can change my award tickets any time. Also, I like flying on the great *A asian carriers like SQ, NH, TG, OZ who fly the routes that I fly or when redeeming on United, I still get E+ and 1K benefits. I don't run into *net blocking as much as other have reported, perhaps because I only redeem economy class.

    Compared to SPG, I usually keep my SPG points and don't transfer them over to UA. Even though I can transfer SPG to UA at a 1:1 ratio using direct deposit, I value SPG points at more than double UA miles, about 3-4 cents a point. This is because redeeming 2,000-4,000 SPG points at Tier 1 or 2 properties can save you $100 a night booking at a decent hotel. And I find SPG Tier 1 or 2 properties like Four Points/Sheraton to be more than decent.
     
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  3. At zero.
     
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  4. In general I value miles at .02-03 each. More as a ruler for value. I mostly get award tickets for others.

    I value Delta first because of the ability to book International tickets online, and its a better search.
    American would be next, but only for International tickets.
    United (1 K) would be last, as its online award system is pretty bad.

    SPG is the best for hotels.
    Hilton is pretty worthless. The perks are the only value.
     
  5. ifly153
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    ifly153 Gold Member

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    lol...can i bum a few thousand off you? [​IMG]

    Agreed, online system is pretty bad, though it improved quite a bit with today's update. Still wish they could come closer to the ANA tool for *A bookings.
     
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  6. Scottrick
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    Scottrick Gold Member

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    I value them at the lowest and easiest possible redemption value just so I keep low expectations and get pleasantly surprised now and then. You get a little under 1 cent per mile if you book a hotel on United, and it works for just about anything you can find on Expedia. But I generally fly for EQM, not RDM, so YMMV. You could also try passing them off on family (mine fly far less frequently than I do and don't care who it's with) and take cash in return.
     
  7. restlessinRNO
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    restlessinRNO Silver Member

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    ifly153 wrote "I value a UA mile at about 1.5 cents a mile, which is what I normally get redeeming an international economy saver ticket for family vacations."

    Generally I would value them at 1.5 - 2 cents a mile, based on what UA award tickets you like to redeem them on. IMHO XF and XC awards (when available) maximize their value.
     
  8. sithlord
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    sithlord Silver Member

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    Replacement value at 1.0-3.5 cents a mile and when using 5.0 on up.
     
  9. ifly153
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    ifly153 Gold Member

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    Redeeming at C and F tickets is probably the most lucrative, getting anywhere from 3-6 cents per mile.

    Though, one should also consider "value" as what you would pay if you didn't use the miles. Since I wouldn't ordinarily buy a revenue C/F tickets, redeeming miles for C/F tickets is more of a luxury rather than getting value for the miles.
     
  10. Sean
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    Sean Gold Member

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    I'd value them at 1-2 cents per mile
     
  11. DAS02135
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    DAS02135 Gold Member

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    Using some quick math, it looks like a mile is worth 1.6 cents to me.

    I don't have a well thought out redemption strategy, I simply know I generally use miles for tickets that would cost $400, and $400/25000 miles is 1.6 cents.
     
  12. Golfingboy
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    Golfingboy Gold Member

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    For me...

    I value my AS miles at 2.5 cents and my CO miles at the low 2 cents range... I would value UA miles the same...

    The main reason my AS miles is valued higher is because the redemption rates are much lower than UA/CO for premium cabin redemptions...

    So between CO/BD and AS I can literally redeem miles on almost ALL major carriers :)
     
  13. Due to lack of usefulness, I am currently at zero.^
     
  14. unavaca
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    unavaca Gold Member

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    Somewhere between 1 and 1.25 cpm. I'm a domestic award redeemer, though...
     
  15. lhrsfo
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    lhrsfo Silver Member

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    I have found that the value for me is around 1 to 1.25c per mile. My valuation method is what a Y ticket would cost, less the taxes I pay as part of the redemption. In other words, I look at my cash saving in not paying for a ticket I would otherwise have purchased. In practice, it's a little higher as I only redeem in C or F so I get more comfort than I would otherwise have received - but I'd never pay for a C or F ticket, so I wouldn't value at that level.

    Occasionally, I have redeemed at 1.5c per mile but that's rare. I use them simply to buy tickets for long haul vacations.
     
  16. Mrs. Fredd
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    Mrs. Fredd Silver Member

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    I think we have averaged about 2 cents each. Bought last minute flights for family/friends that could not be had without mega-bucks - to Oz for a friend whose dad had a heart attack, for a niece Dec.24 for a mom's emergency surgery, etc. Otherwise we use them for Int'l upgrades. Thank heavens for the 1K bucket (which seems to only work for others when booked on-line).
     
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  17. qasr
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    qasr Silver Member

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    I will value them much more when starnet blocking is reduced or disappears. Right now, about 1/2 c per mile since I use them mostly for domestic F awards.
     
  18. chemist562
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    chemist562 In Memorian

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    I would say 1-2 cents depending on what I'm redeeming for. If I get Biz or F, maybe a little more.
    For 2009, Biz tickets to Europe went from 80K to 105K so I burned UA miles for LH Biz to Europe in Dec 2008 for Sept 2009 travel.
    If Star net blocking is not in effect, a mile is worth more to me.
     
  19. I generally value my UA miles at 0.025, due to oneway awards, and hotel redemptions available at sometimes semi-reasonable redemption rates (although I have yet to redeem an award with my UA miles since switching from DL). In addition, they're fairly decent value for international upgrade, even if you have to pay a co-pay now.
     
  20. unavaca
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    unavaca Gold Member

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    FWIW, there appears to be very little *net blocking this year...
     
  21. I value them about the same as AA miles-- right around 1.6 cents... as in if there were a liquid, legal market, I'd buy them for 1.4 cents and sell them at 1.8 cents. But that's a function of having sufficiently high current mileage balances in both programs, so I'll never be short the miles I need to get somewhere in whatever class I want.

    On the other hand, if I had no miles in any program, I needed a RT from SFO to MUC, for example, and the space were available on the LH non-stop (I have a strong preference for convenience over lounges, egregious routings, trying the most carriers on a single ticket, etc), I'd gladly pay 2 cents per mile for the requisite 135k United miles.
     
  22. kluau88
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    kluau88 Silver Member

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    I don't know if i place a specific value on them as quite frankly as a 1K the miles are easy come easy go. I've burned through over a million United miles mostly on premium cabin on *A partners. While I probably wouldn't redeem for a 3 hour domestic flight in a premium cabin I will redeem for a 3 hour intra-Asia flight in a premium cabin since the service standards and quality. Obviously I always place priority if I can book SQ, NH, TG. Fortunately I was able to sample many of the premium cabins when things weren't quite so tight.
     
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  23. al613
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    al613 Silver Member

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    Do you have any for sale?
     
  24. al613
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    al613 Silver Member

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    Please, PM me when you restock
     
  25. lv2trvl
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    lv2trvl Silver Member

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    I also value them somewhere between 1 and 2 cents per mile. Most of my redemptions are for family members traveling between the U.S. and Germany in economy, and *A usually has the best routing options for our needs. As a result, even though almost all of my flying is on UA and partners to maintain 1k status, my Mileage Plus balance typically is lower than in programs like AA or BA where I collected a number of miles through non-flying offers but don't redeem as much.
     

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