Points411

Finance and crypto

rewards points valuation

SHOW HN2023

63points
18comments
#935of 3,109 in 2023
Top 31%of 2023 by points

How HN took it

MixedNo clear lean

2 positive, 2 neutral or asking, 2 mixed, 4 critical, out of 10 comments about the project. Thread score -0.05.

Pricing: 0 for, 2 againstDocs: 0 for, 2 againstIdea: 2 for, 0 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Information dense and useful

    From 1 comment
    • Bookmarked. This is information dense and useful! Some notes: 1. The exchange rates are confusing to me. For example, on the page for Chase Ultimate Rewards, I see things like…
      function_seven on HN

Objections

  • Point values such as 2 cents per Chase point are questioned as unrealistic

    From 2 comments
    • > With a value of 2.00¢ per Chase point It's very unclear how you've obtained this value and it absolutely does not match my actual experience. I've exceeded 2 cents historically…
      nwiswell on HN
    • If you're going to redeem points as cash for flights, the UR portal seems fine IME, there's less variation unless you're booking consolidator fares. You're going to get 1.5c per…
      smachiz on HN
  • Valuation sources are unclear and TPG-based values are criticised

    From 3 comments
    • > Step 1: We create a database and use estimated point/mile values found online, such as those provided by The Points Guy. While not ideal, this approach provides a necessary…
      barnbuilder on HN
    • TPG is paid astroturfing by the banks and it exists to pitch cards and inflate consumer perception of the value of points. Disregard it. If you want to use "reasonable" bootstrap…
      nwiswell on HN
    • This. There a couple sites like this, some say membership rewards are 2 cpp, some say 1.8cpp, some say 1cpp. It's not as cut and dry all of the time, so having some kind of…
      JoshGlazebrook on HN
  • Exchange rate display and ratio format are confusing

    From 2 comments
    • Bookmarked. This is information dense and useful! Some notes: 1. The exchange rates are confusing to me. For example, on the page for Chase Ultimate Rewards, I see things like…
      function_seven on HN
    • 1. Makes sense. I have no idea how you can communicate that intrinsically in the data. Your explanation here would make a good landing page copy. 2. I was looking at this page…
      function_seven on HN
  • Links show external-link arrow on internal links

    From 1 comment
    • Bookmarked. This is information dense and useful! Some notes: 1. The exchange rates are confusing to me. For example, on the page for Chase Ultimate Rewards, I see things like…
      function_seven on HN

Requests

  • Query best transfer path between point types

    From 2 comments
    • This is cool. One feature that would be awesome would be to query the "graph" of points. I have point type A and I want type B - what's the most economical path to walk between…
      pearlsteinj on HN
    • +1 for this! Seems useful
      antidnan on HN
  • Track transfer promotions and notify users

    From 1 comment
    • To be useful you'll need to track transfer promotions as well. Might be useful to create a signup feature where users are notified of promotions for balances they have.
      hahla on HN
  • Let users select what they have and want

    From 1 comment
    • 1. Makes sense. I have no idea how you can communicate that intrinsically in the data. Your explanation here would make a good landing page copy. 2. I was looking at this page…
      function_seven on HN
  • Cite data sources for values

    From 2 comments
    • > Step 1: We create a database and use estimated point/mile values found online, such as those provided by The Points Guy. While not ideal, this approach provides a necessary…
      barnbuilder on HN
    • This. There a couple sites like this, some say membership rewards are 2 cpp, some say 1.8cpp, some say 1cpp. It's not as cut and dry all of the time, so having some kind of…
      JoshGlazebrook on HN

Questions

  • How are the data and conversions sourced?

    From 1 comment
  • How is the value of points determined?

    From 1 comment
    • 1. Makes sense. I have no idea how you can communicate that intrinsically in the data. Your explanation here would make a good landing page copy. 2. I was looking at this page…
      function_seven on HN

Alternatives named

  • The Points Guy

    From 2 comments
    • > Step 1: We create a database and use estimated point/mile values found online, such as those provided by The Points Guy. While not ideal, this approach provides a necessary…
      barnbuilder on HN
    • TPG is paid astroturfing by the banks and it exists to pitch cards and inflate consumer perception of the value of points. Disregard it. If you want to use "reasonable" bootstrap…
      nwiswell on HN
  • Doctor of Credit

    From 1 comment
    • TPG is paid astroturfing by the banks and it exists to pitch cards and inflate consumer perception of the value of points. Disregard it. If you want to use "reasonable" bootstrap…
      nwiswell on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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