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When is it worth it to use frequent flier miles instead of cash?

Asked by occ (4176points) January 28th, 2008

I have a bunch of frequent flier miles that I have been hoarding. I have to take a trip from SF to Atlanta and the fares are high—$440. Is it worth it to use up my miles, or should I just spend the money? I usually prefer to save miles for a long time till I can take an international trip, since they allow multiple stopovers and you get more for your miles. Are there other factors I should be weighing here?

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