Note that I haven't said anything about earning elite status here: in the current climate
of airline devaluations I think most travelers are better off ignoring the elite status treadmill and, as Milenomics puts it, Being Your Own Elite.
Not exact matches
News
of devaluations hit every year, especially as
airlines begin to move away from standard award charts.
Experts say these kinds
of devaluations may mean that it makes sense for some consumers to replace their
airline - specific card with a general travel card.
All other options, including
airline mile transfers and gift cards, will result in a serious
devaluation of your reward points.
Earlier this year American
Airlines made the latest copycat move in the world
of frequent flyer program
devaluations when they announced the addition
of an Elite Qualifying Dollar (EQD) requirement beginning in 2017.
It comes after a lengthy run
of controversy related to
devaluations and reduced purchase choices at the country's two major
airline loyalty points programs, Aeroplan and Air Miles.
Regular
airline and hotel program
devaluations are becoming the norm, and recently Singapore
Airlines has announced program changes without giving us a whole lot
of warning.
While we never like to see
devaluations, we hope other
airlines will show their customers a similar level
of respect going forward by giving plenty
of advance notice for changes.
Booking these seats can be tough to do since more and more
airlines are removing first class cabins from their planes and
devaluations are increasing the costs
of these premium seats.
Up until the
devaluation of American
Airlines miles as
of Feb, I would have said the RBC Avion card when transfering points to American
Airlines.
Regular
airline and hotel program
devaluations are becoming the norm, and recently Singapore
Airlines has announced program changes without giving us a whole lot
of warning.
Bottom Line: While this mileage «
devaluation» has increased the amount
of Singapore
Airlines KrisFlyer miles needed to redeem an award ticket, you will save cash if you choose to wait and book your award ticket on or after March 23 due to the elimination
of carrier - imposed surcharges.
There have been many negative changes to the vast majority
of airline and hotel programs over the last several years, mostly via
devaluations, though other aspects
of the programs such as availability and elite status have suffered too.
Needless to say, this becomes a lucrative way
of stockpiling points for aspirational redemptions while hedging against the constant program
devaluations from the
airlines.
Bottom Line: Etihad's
devaluation of the Brussels
Airlines award chart hurts, but there is still value to be had.
The most lamented
devaluation is the massive one courtesy
of United
Airlines that takes effect on February 1.
In this day and age
of extreme premium class
devaluations, ANA is your go - to
airline for Europe and South America on Star Alliance partners — only 88,000 miles with a free stopover and up to two open jaws.
Since I already planned on using their native currencies (or transferring from Membership Rewards and SPG), does the
devaluation of a partner
airline matter much?
Typically when you find out an
airline is «revamping» its frequent flyer program, this news comes with a host
of devaluations, more restrictions on routing, and maybe a redemption or two that gets a little bit better.
And there are plenty
of reasons to be upset about loyalty programs: From massive
devaluation of your hard - earned points to the elimination
of perks without notice and broken promises, the
airline and hotel loyalty programs don't seem to show much loyalty to their frequent customers.
Thanks to their 2011 award chart «
devaluation» that converted Avios into a distance - based redemption program, it's usually advantageous to book American
Airlines, US Airways, and Alaska
Airlines flights that are less than 1,150 miles in each direction with Avios instead
of the actual miles
of the carrier.
Singapore
Airlines just dropped a
devaluation on its own award chart although it came with the removal
of surcharges, so it wasn't a total loss.
I'm asking myself if the benefits
of flying American
Airlines are still what they used to be before the
devaluation?
Includes details
of the US Travel Ban that come in to effect this week, news
of a United
Airlines devaluation coming later this year, details
of British Airways flight cancellations, a breakdown showing how I booked a great Tokyo trip, news
of Singapore
Airlines eliminating First Class from a European route and lots more — it's been a busy week!
The United
Airlines devaluation has been covered by a lot
of others already, so I'll cover just the basics and then give my thoughts on what this means.
With Qatar Airways being a member
of the OneWorld alliance these fares could be a nice tier point earning exercise (as well as a vacation) for British Airways Executive Club members and they could be a great way for American
Airlines AAdvantage members to build up some redeemable miles before the
devaluations kick in.
Up until last year that would have been a reasonable deal for an
airline currency like American's but their recent spate
of devaluations has seen the value
of AAdvantage Miles plummet.
This really reminds me
of the Hilton
devaluation in February and stings even more than other
airlines including Delta and Air France / KLM who have announced major award chart mileage
devaluations in the past several months.
If you take a look at how American
Airlines have slashed the number
of redeemable miles we can earn alongside the huge percentage increases in the miles needed to redeem various awards, you start to see a picture
of just how big this
devaluation has been.
Despite the dramatic
devaluation in terms
of earning and redeeming miles in 2014, United MileagePlus remains one
of the most valuable U.S. frequent flyer programs with the biggest number
of airline partners and a generally good award availability.
I'm not the first to break the news about the most recent
devaluation (
of many) for United
Airlines» MileagePlus, nor am I the first to remark that United is simply copying Delta's changes to its own Sky Miles program.
The recent ease with which the
airline announced changes that makes it uncompetitive with its fellow legacy US
airlines shows that American isn't scared
of being an outlier, and a management team that thinks like that is more than capable
of yet another award chart
devaluation.
We've certainly seen a lot
of devaluation lately with nearly 100 % increases to the Hilton HHonors award chart, some adjustments to Cash + Points awards from SPG, and the hit to
airline mile transfers from Club Carlson.
This week saw a massive
devaluation to the American
Airlines AAdvantage program and, with the changes to the award charts being as welcome as a bout
of botulism, you may be wondering why I'm writing a post about purchasing AAdvantage Miles.
Singapore
Airlines has announced some significant changes to the cost
of its awards and, in an attempt to soften the blow
of the award chart
devaluation, it has also announced that it will no longer levy fuel surcharges on award bookings.
I already discussed what I thought would be a good use
of AAdvantage Miles during the Cyber Monday promotion — premium cabin awards on
airlines whose rewards are going to rocket in cost when the
devaluation kicks in.
When you consider the no - notice
devaluations of award programs that we've seen by
airlines such as Delta, this should be very clear.
Prior to the
devaluation of these 2 programs, I would have considered this card the best and only way to earn valuable American
Airlines AAdvantage miles, with a great option to transfer to BA Avios should that work out more favorable.
One
of the few good pieces
of news that has surrounded the
devaluation is that, between now and 22 March, American
Airlines is allowing passengers to book AAdvantage awards at the current (non-devalued) rate for travel that takes place after the 22 March 2016 deadline.
With the American
Airlines devaluations due to kick in a few months into next year I've been looking around for some good used
of my AAdvantage miles before they're suddenly worth a lot less.
Following the British Airways
devaluations earlier this year it's an inescapable fact that, for very large percentage
of British Airways flyers, crediting their travels to an American
Airlines AAdvantage account rather than a British Airways Executive Club account makes a lot
of sense — but that's a blog for another day.
https://www.rewardexpert.com/credit-cards/banks/citi-credit-cards Earlier this year American
Airlines made the latest copycat move in the world
of frequent flyer program
devaluations when they announced the addition
of an Elite Qualifying Dollar (EQD) requirement beginning in 2017.
From the award chart
devaluations, the ever worsening customer service, elite flyers being skipped over for the complimentary upgrades, to the CFO
of United, John Rainey, calling his
airline's frequent fliers «over-entitled ``, it hasn't been pretty over at United.
They ended their partnership with Delta in early 2017 and have already announced a
devaluation of their partnership with American
Airlines starting January 1, 2018.
This follows a March 2017
devaluation of their award chart for itineraries with flights only on Singapore
Airlines - they softened the blow by getting ride
of carrier - imposed surcharges on these awards.
We booked this bucket list flight using American
Airlines AAdvantage miles for a total
of 60,000 miles; this was before a major AAdvantage
devaluation and now the flight would cost you 100,000 miles for the one - way route from the «Middle East» region to the «South Pacific» region.
It shows again the value
of transferrable points, as you are less exposed to sudden and drastic
devaluations like this, and can transfer to other
airlines instead!
In April, Delta did a major
devaluation, where US - Europe on a partner
airline (Virgin Atlantic) went from 70,000 to 85,000 and even 105,000 one way within 21 days
of departure.
After all, the value
of a mile almost always goes down over time due to
airline devaluations, so why not hedge your bets and use your miles as quickly as you earn them?
SQ merged the two European zones, so that my recent trip from Manila to Amsterdam is going up by 59 % in First Class and 67 % in Business Class — that's one
of the deepest
devaluations I've seen in
airline rewards programs — ever!