British Airways will offer members $75 off flights in exchange for 7,500 miles. I don't like this offer for three reasons. First, I expected the discount to be in British Pounds rather than US Dollars. Second, a penny per point is a lousy point value, cash back cards offer twice that value in cash. Third, 7,500 miles is a free one way flight up to 1150 miles long. British Airways miles are a great value for short point to point trips.