Travel for free for your consumption with a card: miles, points, cashback, which is the best?

The world of flour milling has suffered several shocks in recent years, there have been major changes in bank and card loyalty programs and the theme of cashback appeared on the scene as a novelty.

Frequently in the blog we receive requests like “Which bank is the most convenient for adding miles?”, something that is not so easy to answer without doing some calculations. Well, that’s what we did in this post, we analyzed 4 alternatives and came to a conclusion.

We include in this analysis:

  • Miles Aerolineas Plus: which are obtained for consumption with a credit card from Banco Credicoop, Banco Hipotecario, Banco Macro, Banco Nación, Banco Provincia and the American Express The Platinum Credit Card Aerolíneas Plus.
  • American Airlines AAdvantage miles: Obtained by redeeming points from the Uala+ Ualá fintech program.
  • BBVA points that are exchanged for discounts to buy through Despegar: which are obtained for consumption with BBVA cards.
  • cash back: which is obtained by spending with crypto fintech cards such as Buenbit, Lemon Cash or Belo.

We made this cuiadrito (if you’re visiting this post from your phone, you might want to rotate the screen to see it better)

Considering a dollar price of AR$ 118 Airlines More Uala with AAdvantage BBVA Points Crypto cashback
You have to consume with the AR$ card 4,720,000 6,960,000 9,440,000 4,130,000
Taxes must be paid for consumption (stamps) 56,640 n / A 113,280 n / A
This allows you to accumulate (miles) 40,000 n / A n / A n / A
This allows you to accumulate points which are exchanged for miles n / A 40,000 n / A n / A
This allows you to accumulate points which are exchanged for a reduction in AR$ n / A n / A 136,000 n / A
Which allows to accumulate USD in crypto n / A n / A n / A 700
You have to pay a fee when issuing 16,071 11,800 n / A n / A
In total you have to spend with the card 4,720,000 6,960,000 9,440,000 4,130,000
In total it is necessary to put in AR$ in addition to the consumption 72,711 19,470 n / A n / A

As you can see, the ranking, ranked from best to worst, is as follows:

  • 1st place: Crypto cashback
    • What you get are crypto assets, usually 2% of the amount spent with the card
    • Crypto-assets (Bitcoin, Ether, DAI, USDT, etc.) are quoted in dollars
    • Some crypto assets such as Bitcoin or Ether have volatile prices, this can work for or against, if you want to secure a dollar value, you can convert them to dollar-pegged stablecoins within the platform, such as USDT, UST, DAI, etc. .
    • What we get is money, in short, it gives us maximum flexibility, with the money we can buy any ticket we want.
    • In addition, while we accumulate them, we can generate more money with these cryptos, as we had here: Generate performance with cryptocurrencies (even from pesos), unlike miles or points which remain there, dead and at risk of being devalued.
    • Since these are not credit cards, there is no need to pay stamp duty on consumption.
  • 2nd place: Airlines More
    • You get AR Plus miles, which are then redeemed for tickets on the airline’s website.
    • Keep in mind that it is VERY DIFFICULT to get seats to redeem miles in promotional class, there are usually more expensive classes, which require 70,000 miles instead of 40,000 miles for a return ticket to United States.
    • The variation in the price in dollars will vary the amount of pesos consumed required that we consider in this calculation, this program awards 1 mile for each USD or equivalent consumed
    • Being with credit cards, you have to pay the stamp duty on consumption.
  • 3rd place: Uala with AAdvantage
    • What you get are points, 1 for every AR$10 spent, which are then redeemed for AAdvantage miles.
    • We have to see how Uala+ behaves, see if there is a good availability of redeeming points for AAdvantage miles vouchers, we hope so, but it started recently, on the ground we see the pingos…
    • Since these are not credit cards, there is no need to pay stamp duty on consumption.
  • 4th place: BBVA Points
    • What you get are points, these points are applied as a discount when paying on the site of the alliance between BBVA bank and Despegar,
    • For this example, we calculate the consumption necessary to obtain 80,000 points, which, based on previous experiences, we calculate is enough to pay for one of the cheapest trips to Miami.
    • The variation of the price in dollars will vary the amount of pesos consumed required that we consider in this calculation, this program awards 1 mile for each USD or equivalent consumed.
    • You have to see what BBVA Points does, if the value of the points changes, this program started recently, it also applies here: on the ground you can see the pingos…
    • Being with credit cards, you have to pay the stamp duty on consumption.
    • Platinum customers accumulate 5% more points for their consumption and Premium Black 15% more, which means that they must consume fewer pesos than those detailed in the previous table.

There are more options to compare, maybe we will post again and update the results. Want! Banque Galicia with its alliances with Iberia and with Smiles, also AMEX membership bonuses…

And you, Which free travel loyalty program do they use?



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