Is it possible to get nothing for something and still think you’ve gotten a good deal? Apparently, the answer to that question is yes. Or at least that’s my conclusion after reading an unintentionally hilarious report about how one last minute traveler “scored a good-value award on Cathay Pacific” Airlines.
The short version of this story is that a traveler hadn’t researched or booked parts of his itinerary and, as a result, was having difficulty piecing together some needed flights. Unfortunately, the only flight that fit his needs “was pricing out at a whopping $678, even for economy! That was way too much money for me to shell out,” he writes.
After working some travel hacking magic, the hero of this story manages to book that same flight for $111 plus 2,500 Avios points. Triumphantly he exclaims that the $567 he saved in airfare got him a redemption value on his frequent flyer miles of “a whopping 22.7 cents per point!”
And it’s true. After putting himself in a bind by not booking his flight ahead, he was able to partially avoid a steep penalty by using frequent flyer points.
But here’s the thing: he could have booked an identical flight in advance for $113. So instead of saving $567 he really spent 2,500 Avios points to purchase a ticket for $111 that he otherwise could have bought for $113. That $2 in savings works out to an abysmal .08 cents per point!