topic Re: Citi TY points valuation w/ AI help? in Credit Cards

Citi TY points valuation w/ AI help?

Gregory1776 — Sun, 30 Jun 2024 22:13:40 GMT

I am curious if this is accurate.

I don't really have any cards that give me "points" as I feel like they are easier to be worthless, but using "the points guy" website valuations for TY points at 1.8 cents per point, AI to make since of it, and a hypothetical scenario if using Strat Premier credit card at a restaurant ....

Re: Citi TY points valuation w/ AI help?

GZG — Sun, 30 Jun 2024 22:22:27 GMT

the art here is taking those points and transfering them to transfer partners to take flights or stay in hotels

say a flight is 10k points instead of $200, this means the points are worth 2 cents per point, instead of the regular cash back rate of 1 cent per point.

figuring all of that out is both art and skill and time to get the points to have outsized value > 1cpp

Re: Citi TY points valuation w/ AI help?

Anonymous — Mon, 01 Jul 2024 04:01:52 GMT

Not quite sure why AI is needed, as I am sure you could have answered similar questions:

If I buy 75.000 (whatever, shares) at 1.8 c per share, how much would it cost me?

As helpfully pointed out, the return on the restaurant purchase is 5.4%, simply 3 x the 1.8% of a single point.

Now AI is useful in the "real" job of how to use the points for travel!

Re: Citi TY points valuation w/ AI help?

CreditCuriosity — Mon, 01 Jul 2024 17:59:04 GMT

@Anonymous wrote:

Now AI is useful in the "real" job of how to use the points for travel!

yes now if AI could be used to find best values of TYP, MR's UR, whatever for X amt of them from X to Y location in said class and do all the research for you and many options that would be a nice use of AI.