magnusfan
TF Premier
I concur with your perspective. The 0.8 evaluation is only applicable when buying gold only for redeeming points.that's not the right comparison to get 80% value. Its influenced by making charges which you will have to pay. You can't reduce the making charges.
Is like comparing the ffp miles with only base fare to calculate returns, you have to pay airport development charge as well, so that should be included in calculation.
As I mentioned earlier, the evaluation disregards appreciation and the wife's greed to purchase jewellery in normal course 🙂