How does everyone derive their value of a mile?

This is one of the most important figures you'll need to play the miles game. I personally use 1.8 cents per KrisFlyer mile, down from 2 cents a couple year back. This isn't an exact science- I've based it off the prices I know miles can be bought for (e.g through CardUp, RentHero, annual fees) and the value I know I can get for them.

Since it's a personal figure, I'm curious to hear how others came to theirs.

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Ken K

10 Feb 2020

Like u said there is no exact science, it's really based on how u use your miles and that's how u'd value them

some people i know value them based on how much they'd have paid by buying from miles brokers while others from cc spend

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Boon Ming

06 Feb 2020

Engineering at Nanyang Technological University

For a rough calculation I'd always use 1.8 :)

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pat

06 Feb 2020

1.8 following Milelion past analysis. The research is reasonable and easy to follow

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Chan seng hoong

05 Feb 2020

I follow the conventional crowd wisdom which is 1.8 miles per dollar,. This nalysis is supported by Milelion analysis currently, he seems to be the authority in Singapore;s context of airmiles. If he devalues his perceived value of airmiles, I am likely to follow him based on his extensive research

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