As far as I can tell, most reward point programs are confusopolies. I have a difficult time figuring out how much my points are really worth since the exchange rate seems to vary depending on what you are using them to buy. The fact that points can expire also affects the value of the points.
Is there any way to spend the points that results in most bang for the buck? Should I spend my points on:
- Travel: Airline tickets, rental cars, hotel stays, etc?
- Swag: Ebook readers, GPS receivers, Blu-Ray players, etc?
- Gift Cards and gift certificates?
Does it matter? Any thoughts?