Hi,
I have both a Sapphire Reserve and an Amex platinum card, and I always saw, based on Dan's quinfecta model, that the Reserve was the better choice because there is a 50% break on the price, whereas the Amex only has a 35% refund on points. However, I've found that Amex consistently has better point value than Chase (besides that Amex Travel at times has better deals than the standard published fares). Am I doing something wrong?
I'm booking a flight from EWR to LAS, which costs $366.80
Chase reserve will give me that ticket for 24,453 MR points
Amex will give it to me for 36,680 points but with the 35% refund of 12,838, my final Amex point cost will be 23,842.
I have found this to be consistent with flights to Israel, Australia, etc.with much bigger savings. Am I doing something wrong?
Thanks!