facebookHi! Can someone help me out a little - is 1.8mpd (AMEX highflyer card) better or to get 1.5% cashback better? If I have an amount of about $950 to be charged.. thanks! - Seedly

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Anonymous

22 Oct 2022

Credit Cards

Hi! Can someone help me out a little - is 1.8mpd (AMEX highflyer card) better or to get 1.5% cashback better? If I have an amount of about $950 to be charged.. thanks!

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thefrugalstudent

24 Oct 2022

Founder at thefrugalstudent.com

It ultimately depends on how much you value miles. IIRC, The Mile Lion values miles at a minimum of 1.5cpm (cents per mile), so 1.8 mpd translates into a value of 2.7% cashback, which is higher than 1.5%.

But this is really dependent on how you end up using your miles. The general consensus is that it's more worth it to redeem miles for business class flights - the value of miles when used on economy flights aren't that high.

So the question is, will you be willing to essentially 'pay' for business class flights but get them at a discounted price? Or are you the type who prefers flying cheap (economy or budget) to save on travel expenses?

If you're not convinced you're into miles yet, I'd say just go for cashback. 1.8 mpd on $950 won't get you much if you aren't already collecting miles.

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