Thanks so much for the reply. I'd never pay $1.5K-2K in cash for a sector of that nature, but even if you take a standard economy fare on MEL-CGK return of about $1,000, you paid the same amount as an economy passenger — $500 for half the trip ($296 for the points + $195 in taxes/charges) — and got a seat in business instead. That aligns with my personal benchmark for redeeming points — pay no more than an economy class passenger and get business/first class instead. Even better if one can get it for significantly less than an economy fare.
Anyway, very much appreciate the topic. As someone who is burning well over 2 million points per year across all loyalty programs, any tips on replacing them is welcomed.
One tip that wasn't discussed in the article that people might want to investigate is churning health insurance providers. Obviously you need to do your own research, but you'll find that there are some very creative ways of getting maximum points for minimum spend. I suggest searching the OzBargain comments section of each health insurance deal posted over the last 1-2 years. Lots of gold in there.
