Hoarding miles for many years is not a good solution while you wait for the perfect redemption: you may end up with a much worse deal than you were planning for if your perfect redemption goes up from 60,000 miles to 80,000.
In the past
I hoarded my miles for international travel.
They are going to have a significant effect on a lot of people's plans and this is why you don't
hoard miles for use further down the line.
Not exact matches
That set off a scramble at Apple to find a new haven
for its vast cash
hoard, one that ended up at the Channel Island of Jersey, 12
miles off the coast of Normandy, France.
If you've been
hoarding your
miles, waiting
for the perfect reward, well, it might be time to let»em go and cash»em in before they're totally worthless.
This addiction causes two types of actions in almost all afflicted parties: Greed
for more
miles and
Hoarding of existing stock.
Hoard your credit card rewards
for international flight — If you take just a handful of flights a year, it could take years to get enough frequent flier
miles to redeem
for a domestic flight, so consider holding out
for international travel... (See International flight reward)
Given the human tendency to
hoard points and
miles or to go after pie - in - the - sky rewards that don't fit our lifestyles, there is something to be said
for a payoff that accrues automatically and can be accessed and spent immediately.
• Don't
hoard miles Despite the simple logic that you shouldn't squander award
miles when you could buy a ticket
for a low cash price, the value of your
miles isn't likely to increase, as ticket prices aren't likely to rise significantly anytime soon.
For example, if you're after a
hoard of AAdvantage
miles, you could earn a bunch through the following cards:
Don't
hoard miles indefinitely; make sure to redeem regularly
for trips you value, since program devaluation is a constant
It gives those of you who have been
hoarding your
miles a push to finally redeem them
for a great Star Alliance award.