How do you calculate the 1.5 cents per MR point? I really like to know what is the best way to convert my 250k MR points I've accumulated over years.
We recently got close to 1.5 cents per MR point. They key is to getting this high of a value is using them to convert to Travel Packages where you get 7 nights in a hotel and then the maximum permitted air miles.
We converted to a united package, though we only took a five day package. We are using the hotel stay in Paris in a hotel that would cost over $3000. We then used 120,000 of the 132,000 United MileagePlus miles for round trip tickets to Europe.
Still, you can do much better than we did. Book the 7 night packages. They are a better redemption. A lot of people will convert two packages, get 240,000 air miles and then use them for two business class round trip tickets to Europe. So two weeks in Europe with round trip airfare. You can usually get very close to if not more than 2 cents per MR points with this route.