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When should I buy a ticket instead of using miles?

Q: When should I buy a ticket instead of using miles?

A: Again, if the purchase price of the desired ticket is substantially below two cents per frequent flyer mile (e.g., a $500 ticket at 25,000 miles), and you expect to travel on a more expensive flight in the foreseeable future, you are probably better off saving the miles for the pricier ticket.

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