I recently signed up for a credit card offer with Eithad Airways and received around 20,000 Miles. Now I don’t regularly fly Etihad Airways, nor do I have many options for redeeming miles with them based in Singapore, so I was wondering what to do with the Miles that I had earned. My original plan like I had with my orphan Miles and More miles was to use them for a hotel stay but the amount I had was nowhere near enough for the Etihad Guest partners.
Whilst browsing through the redemption options I came across points pay where I could convert the miles into “virtual cash”. I had some Christmas shopping to do so why not?
What is PointsPay?
It’s basically a conversion service to convert you miles to cash. PointsPay is a redemption partner for Etihad Guest, and offers a different option for those wishing to redeem. Currently Etihad Guest is the only partner – although the website mentions more will be added in 2013.
How does it work?
Basically all I had to do was sign-up, and install the PointsPay app on my iPhone (also available for Android). Once I’d done that I had to then link my Etihad Guest account, the instructions re straightforward – it took a day for the registration to complete.
Complete instructions (although brief) can be found here: http://www.pointspay.com/how-it-works/overview
You are able to select from a number of currencies as well including GBP, SGD and USD.
What can you use it for?
Well PointsPay generates a “virtual card” for you, based on a Visa, so pretty much for anything you pay with Visa normally. In my case I used them for paying for my shopping on Amazon!
If you are wanting to use it for something in-store then you can order a physical card, and a plastic card a PIN will be sent to you home address as per any normal card.
I converted 20,395 Miles into cash which gave me S$171.47 so valued them at 0.8 cents per mile. This isn’t a great value but I was unlikely to use them for anything else. The app is free, but the service is not – you are charged 0.99USD per transfer of points, so if you use the service ensure that you do so in the largest lumps possible to minimise this cost.
I was fortunate in the I managed to use up every single cent through buying a small gift certificate from Amazon. But if you have some leftover cash it will revert back into miles once the 3 day time period is over. So if you intend to use the card please do so quickly.
Would I use the service again – maybe is the honest answer. I only had a small number miles with the Etihad Guest programme and this seemed like my best option to use them up. If you are a frequent flyer with them then you’ll get 3 times the value if you redeem for flights, and more if you use them wisely.