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Would you prefer an automated redemption option for your OpenTable points?
But one proposal in particular, redemption option priority, allocates too much to secured creditors relative to our interpretation of current law.
Still, Virgin America is a decent redemption option for travelers aiming to redeem points for trans-continental flights, as the airline's markets include New York, Los Angeles and San Francisco.
Creation of the terms "reorganization value" and "redemption option value" to allow the possibility for adjustment of distributions to stakeholders, especially junior creditors in a plan context or senior creditors in a 363x sale of all or substantially all of a debtor's assets.
Award travel is the most valuable redemption option.
In most cases, transferring your points to the airline is the more valuable redemption option.
Similar(51)
"For example, there are different costs associated with cash redemption options than other types of rewards".
The key is offering the right choice of aspirational redemption options.
They are cash value, choice of redemption options, aspirational value, relevance, and convenience.
American Express is trying to address choice by converting Membership Miles into Membership Rewards and by adding more redemption options, such as hotels, resorts, entertainment, and discounts on automobiles.
With True Rewards, customers have a choice of redemption options, including free minutes of calling, a 5% cash rebate, and airline miles.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com