I would have probably taken it at $4-500 depending on the next flight option. I took $400 for a 30 min later flight with a 45 min layover +reimbursement for the leg (thus ended up with $500 voucher) a few weeks ago.
In his case the next flight was the next day at 3 PM. No way was $800 worth missing a office schedule for a day.
We did not take up a $1500 x 3 for ATL – Quito flight since the next flight was 24 hours later. Who knew if it will even go on time. And we had a flight to Galapagos 12 hours after landing. Miss that and you miss a $10K vacation. So the $4500 offer was not worth it for me.
That is a great fear of mine. The missed connection or other involuntary delay on the front end of a big vacation. Once you miss the boat (figuratively and literally), you might be out a good more than the bump premium--sometimes many, many multiples.
These vouchers are BS, too. They are at best worth 50 cents on the dollar. My guess is that a significant percentage never get used. If the gate agent was peeling off $100 bills, I doubt they would have counted beyond $500. For $800 cash there might have been a stampede off the plane.
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