Before You Redeem Your Points, Watch This!

Join our community at princeoftravel.com (enter your email)
Recent Points Devaluations: • The Points Apocalypse ...
Do you want to unlock the hidden value of your credit card points?
Learn how to assess the worth of your points by considering redemption options, transfer partners, and much more. Here are some expert tips and strategies to maximize your rewards, turning your accumulated points into incredible travel experiences or exclusive perks.
▶ Become a Member + Chat on Discord
princeoftravel.com/membership
▶ Newbie to Miles & Points? Start Here
tinyurl.com/y3numbj5
▶ Need Help? Try Points Consulting
princeoftravel.com/consulting
▶ Prince of Travel Elites Facebook Group
/ princeoftravel
▶ Follow Prince of Travel
princeoftravel.com
/ princeoftravel
/ realricky

[@ChaseYokoyama]

I'm glad you brought up the difference between money you would've spent versus using the retail price of the redemption. Those can lead to 2 very different valuations.

[@MannyCovington]

Valuing points for your situation is so important!

[@teenagestacker6063]

We need a video of your collection of credit cards all layed out, with a brief description of your favourites. I think that'd be fun since credit card designs can be cool to see

[@lshawndavis]

Thanks for another great video. I’ve been “hoarding” points for a number of years and your suggestion to use the points as soon as possible in the event of them being devalued is good advice! I think I may have to book a trip soon. What’s your thoughts on converting Amex points for Aeroplan miles? Thanks!

[@Yourpolice69]

It's good but I haven't seen a transfer bonus in a while.

[@ryanho6975]

You should do an updated video on the best minimalist wallet, or a whats in your wallet kind of video

[@milhouse7145]

Should probably factor in deducting the value of points earned on a paid booking as well when calculating the value of points used.

[@oscarwinston1159]

Thank goodness "issued" tkts have a one year validity.

[@luckycharm4541]

Great Leonard Cohen mural in the background, Ricky :)

[@wasaent]

That’s Montreal!

[@jennasheppard4447]

Thank you! I was questioning my Bonvoy redemption, but based on this it’s worth 1.1 cents per point (USD) so I’m feeling great about it!

[@LK_EBM]

That's a great redemption. Marriott points average closer to 0.7 cpp

[@jennasheppard4447]

@@LK_EBM I actually used the wrong price in my calculations… I used the pre-paid non-refundable rate when I did the math. That’s not a rate I would usually ever book.. plus with my redemption its a refundable rate anyways so when I compare that rate it gives me a value of 1.23 cents per point. And my hotel stay is in peak-season just days before Christmas! Now I’m very proud of my first point redemption lol 😝

[@lavanice]

If you can hold points and get Business class flight. It's best cpm

[@greydonobrien343]

Can anyone explain to me how points lose value?

[@manny5848]

Points constantly keep being devalued while credit card fees keep going there less value year over year

[@PrinceofTravel]

Probably as a result of inflation in the economy as well. Nonetheless, there is still excellent value to be had in the world of points and miles.

[@vv7848]

By transferring them over to me😊

[@kashmani7]

Aloooot of mention of devaluation, I wonder if it's a subtle hint 🤔

[@Augustin54]

I think it means there’s been a crap load of devaluation happening lol

[@kashmani7]

@@Augustin54 I'm pretty sure it's a hint that a devaluation might be coming this year

[@Augustin54]

@@kashmani7 well everyone else is doing it so it’s not too crazy to assume other companies will follow suit yea. I doubt he has insider info or something tho

[@LK_EBM]

@@kashmani7 There's already been significant devaluation this year....United, Virgin Atlantic, Alaska, Marriott, Hyatt... Etc

[@kashmani7]

@@LK_EBM that doesn't mean aeroplan can't get devalued too 🤔

[@oZmarkHam]

I wish my teacher taught me this in school. 😏

[@anshhuln]

109 in taxes? should have been 92

[@thomas-xj1hs]

Slow down