What all recent changes in frequent flier programs mean for travelers
The North American frequent flyer market does not look so good. All over the world have never been so generous to begin with frequent flyer programs, and indeed there was not as in the past any major international program changes have been, I am sure that they follow one day.
But this is something that concerns in the future. For now, let's discuss what has changed. For us budget, what are these changes? How's that travel hacking, affect loyalty programs, and take everything in between
is here my:
Miles are as travel money. The more you have, the better. But just like regular money, miles lose value over time due to inflation and overprinting. Essentially, the more miles of airlines "print", which they are less valuable. A mile today need not so much like a mile yesterday. There are so many miles now in circulation (there are more miles than it is money in the world), that it has become too easy to earn and redeem in some way.
To correct this, airlines devalue their miles by the amount of a reward ticket increase needed and placing restrictions on when you can use it. This happens every few years, and while it is not good for the consumer, it is to be expected. Airlines are constantly changing their award programs. Like others I'm just bothered really, if there is no warning. (Once US Airways and American merge their frequent flyer programs, I expect to occur a large devaluation.)
This is why it is important to spend your miles if you have them. Miles hoarding is never a good idea because it is a devaluation of capital. Use it as soon as you have enough for the award ticket you want, because you never know when the programs are changing. ( Disclosure: .. I am kind of a hoarder I have more than 250,000 miles on American Airlines, although I have so far more than 100,000 redeemed this year)
Fortunately don recent changes' t spell to the end of travel hacking and ability to score free ride. Airlines go, require more miles for travel awards and it will be less availability of seats. But sucks to be used during more miles and devaluation will continue, as long as you have a ton of points by credit card bonuses, online shopping, fake issues can rack, polls and more, this frequent flyer programs still continue to work to our advantage. Miles are still so easy to get that the end is not near.
For now the game goes on. It may not be as good as it once was, but it is still a value of games. (. Note: , you can use Express programs that transferred to several travel companions, the Chase and American - in this way your points are not tied to a program)
In addition, I don 't believe that these changes spell the end of the frequent flyer programs. The programs have clear advantages, including upgrade access, priority boarding, lounge access and fast check-in at the gate.
But since you will be a lot of these perks with branded airlines get credit cards and so many miles are sold to the banks as a sign-up bonuses, there are a flood of elite status members and Miles
Given considering ~~ POS = HEADCOMP which, to reward many of these changes in an airline's best customers. the travelers who pay full price. These are a bread and butter airline, not the person who flies the most. Moving to a revenue-based model serves these high-spending traveler reward.
I have received many emails from people about these changes concerned. If they remain faithful? Are miles above? What does that mean for you? The future is not rosy, but now is not the time to fully look after.
In light of these changes, I repeat once again that unless you fly enough mid-tier status on an airline to earn, I do not think you should be loyal to a particular airline. The vast majority of brands airline credit cards offer the same advantages as the lowest level state essentially: free checked baggage, priority access, priority boarding and rebates in-flight food and drink. Mid-tier status is, if you really good discounts (Upgrades and international lounge access) start to get, so if you can reach this level, it is not worth the reward, if you lower row benefits so many others get opportunities.
for non-frequent flyers who take only a handful of flights a year to complete, go with the best flight and / or travel Hack accumulate points to travel for free. Do not be loyal to a particular program. It is not worth it.
have in recent months seen major changes in frequent flyer programs, and there will be more to come. I think that most programs will move to reward their high-spending customers and include sales component for attracting and maintaining status (although this may be waived if you have the airline brand credit cards).
But while these changes are not great for the consumer, the end is not near. There are still many possibilities and ways to use frequent flyer programs to our advantage.
If you are looking to travel to get hacking and want to know how to earn enough miles to go and hotel points wherever you want. spend .. without additional money, or leave your couch, I have written a guide to travel hacking, you wander through all the basic and some advanced techniques that go for free can be used anywhere. It also features interviews with other prominent travel Hacker give a wider range of tips and strategies that you can use! Click here to learn more!
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