
The recent introduction of Marriott’s new Bonvoy point system prompted One Mile At A Time to take a look at how valuable Bonvoy points are. While there is some level of subjectivity involved in comparing points systems, their value is usually somewhere between your redemption cost and your acquisition cost. Lucky of One Mile At A Time rates Bonvoy points as being worth roughly 0.7 cents each, compared to 0.9 cents each for Marriott points in the past. This is largely a product of developments such as the introduction of Category 8 and the upward re-Categorization of many properties.
Key Takeaways:
“Ultimately there’s no right or wrong way to value points, as long as you’re valuing them at more than your acquisition cost and at less than your redemption value.”
Read more: https://onemileatatime.com/how-much-are-marriott-points-worth/