Points plus cash is a redemption format in which part of the price is settled with points and the remainder with money.
Points plus cash is a redemption format in which part of the price is settled with points and the remainder with money.
Also called: Cash and points, Co-pay.
How it works#
The cash portion works out as buying points at the programme’s own rate, and that rate is nearly always below what the same points achieve in a straight redemption. The format therefore pays off in two situations only: the balance falls just short of a full award, or the mixed booking is refundable when the full award is not.
Not to be confused with#
Points plus cash is not the same as the taxes and fees on an award ticket: those are charged on top and cannot be replaced with points.
In German#
The German term is Punkte plus Zuzahlung. German version of this term
Related terms#
- Cents per point: Cents per point is the measure of a redemption’s value: the cash price avoided, minus any co-payment, divided by the number of points spent.
- Buying points: Buying points is the direct purchase of miles or points from the programme for cash, usually at a rate above what those points are worth on redemption.
- Hotel award category: A hotel award category is the price tier a loyalty programme assigns to a property, from which the points price per night follows.
Articles that use this term#
TopicEvery article and term onPoints and miles.