LATAM points expire 24 months after they are earned, as well as when you close your account with unused rewards. To prevent LATAM points from expiring, redeem your points on a regular basis and make sure to cash in any unredeemed rewards before closing your account.
When LATAM points will expire:
24 months after they are earned.
When you or LATAM closes the account.
Even though LATAM points expire only in these select situations, it's still a good idea to avoid building up a big LATAM rewards balance because that would make you more vulnerable to rewards devaluation.
If you're trying to choose an airline rewards program and are concerned about rewards expiration policies, you can see how the LATAM points expiration policy compares to other popular companies' policies in the table below.
Latam points are worth 1.18 cents each, on average. That means 10,000 Latam points have a value of roughly $118. Latam points are less valuable than the average airline miles, which are worth 1.36 cents each, as a result.
It`s important to remember that the value of Latam points depends on how they are redeemed. They have the most value when used for Latam PASS flights. In addition, one of the best ways to increase the number of Latam points that you earn is to apply for a … read full answerLatam credit card.
How many miles you need for a free flight depends on the dollar cost of the flight. On average, a one-way domestic flight will cost between 6,000 miles and 20,000 miles, depending on the airline. A one-way international coach flight will cost 35,000-50,000 miles.
Airline miles and points are generally worth around 1 cent each, but their value can vary. For instance, when redeeming Southwest points for a free flight, each point is worth 1-1.5 cents, depending on the route and date of the flight. United miles are worth between 1 and 2.5 cents each.… read full answer
How Many Miles You Need for Free Flight by Major Airline:
American Airlines: 7,500+ miles needed for a free one-way domestic flight.
United Airlines: 10,000+ miles needed for a free one-way domestic flight.
Southwest Airlines: 2,372+ miles needed for a free one-way flight from Las Vegas to Los Angeles (cheapest option).
Frontier Airlines: 10,000+ miles needed for a free one-way domestic flight.
JetBlue Airlines: 3,400+ miles needed for a free one-way flight from Long Beach, CA to Las Vegas (cheapest option).
Getting an airline credit card can help you earn miles and free flights faster than a frequent flyer program alone, especially with large signup bonuses. The Citi/AAdvantage Platinum Select World Elite Mastercard, for example, comes with a signup bonus of 50,000 miles for spending $2,500 in the first three months. Since the $99 annual fee is waived the first year, you can get those bonus miles and redeem for free flights before having to pay any annual fee.
How much 40,000 miles are worth depends on the airline or credit card you earn them from and when you book your flight. On average, 40,000 miles are worth about $400. But it can vary widely. For example, 40,000 AAdvantage miles are worth roughly $456 in American Airlines airfare. With United, 40k miles get you $416 in flights. And 40k Delta miles are worth $532.… read full answer
Here’s how much 40,000 miles are worth by airline:
Credit card miles that aren’t tied to a particular airline typically get you a penny each. But how you redeem your miles is really important, too. For example, the Capital One Venture Card’s 50,000-mile initial bonus is worth $500 when used for travel but just $250 when redeemed for cash.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.