Cheap Fares Airlines - What Is A United Airlines Mile Worth And Collecting Them

But they add up when you are talking tens of thousands of miles to fly somewhere, i know that seems like a small number especially with how many decimal places I have gone to. After doing some calculations I valued one of the United Airlines Miles to be worth 1.28 cents or $0.0128 when you redeem your miles for flights and up to 5 cents or $0.05 when redeeming for restaurant certificates. This time it is the United Airlines Mileage Plus Program. I thought I would take a look at another airline rewards program.

Significantly higher value for your Mileage Plus mile. It appears that you can get anywhere from 2.5 cents/mile to 5 cents/mile, using mileage plus miles for restaurant certificates on Restaurant.com. Entertainment rewards are usually the largest value/mile (probably because of the high markup with their prices). I find travel is one of the worst uses for it in terms of monetary value. Using it for other rewards will also change its value. Keep in mind when I say the 1.28 cents/mile is for flights that is a rough estimate based off of a flight I found (the cheapest flight for specific dates as well).

You collect Mileage Plus miles a variety of ways as well. I was not able to check electronics as they are not immediately accessible anyways until you reach Elite status.

What Is The Value Of A United Airlines Mile?

Travel

I found the cheapest flight I could for a one week round trip as well, to try and be a bit more fair. I priced out a flight from New York to Los Angeles and back using Mileage Plus miles and just paying for it regularly.

000 miles and no booking fee because I booked far enough in advance, the price in United Airlines Miles was 25. The price to leave 2 weeks ahead was US$318.80 for a round-trip.

000 will give you the price per United Airline mile (I will just say price per mile from now on, if you do a bit of math you find the $318.80 divided by 25.

This is rounded to the nearest 100th of a cent. This number if US$318.80/25000 = $0.0128/Mile.

But entertainment is better, electronics are typically a lower rate of return for you mileage plus miles. Some flights are better than others. This will tell you the value per mile on that product. You can calculate the value for any flight or any other products by taking the amount of money that would have come out of your pocket that you have saved by using the miles and dividing it by the number of miles you used. Keep in mind this is the value of an Mileage Plus Mile for this specific flight.

Entertainment

These are gift vouchers for partnered restaurants that you can search for on their website. Advertised on the website are restaurant certificates from Restaurant.com.

You are going to spend your miles on what you want, depending on what you are looking for. But you have to remember you are getting food and that is it, that is a very good return compared to the flight. 000 give you 2.5 cents and 5 cents per mile, 000 and $100 divided by 2, $25 divided by 1. 000 miles, 000 miles or $100 for 2, the gift vouchers are $25 for 1.

It tells you to use your miles for eating out and just pay for your plane tickets out of your own pocket, if you like eating out and like traveling.