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Discussion in 'General Discussion | Miles/Points' started by JALPak, Feb 21, 2011.
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Let's get a distribution of how many FFPs we have in our main FFP account.
I've found it hard to get Qantas FFPs without the use of signing up for credit cards. I'm really deicating myself to try to get to 100 000 points this year (hopefully more!) on Qantas, and build up a small amount on other Airlines (Flying Club/AA/Delta etc.)
I voted....400k +....ever since CSA stopped flying TATL, award seats are a pain to get on DL and useless intra Europe...
It's not the size of the account, it's how well you know how to use it.
I know absolute number comparison is a bit misleading. I wish I could define something like how many Big Mac you can buy and use that as the way to account for different values of your miles. But it's a bit too much.
Is this a secret ballot?
i can't view what you vote for
The spot for 300-400k is missing. And that's just where I fall.
Oosp....I am sorry I missed that spot I have reported to the admin and hopefully they can change the options. Please come back to vote again later (hopefully admin has fixed it by then)
640000BA miles last count, 237000 AA miles and access to 360000 Aeroplan miles.
Especially when you fly DL... my goodness they made me sick trying to redeem for BizElite DEN-CDG.
Since getting into the mile/point game, I've tried not to go above 250k... I try to use my points and miles on a regular basis. Miles & points only get de-valued over time, so I try to enjoy the benefits I can before the benefits get reduced.
I voted! And I even get to hang with the 499,999 crowd in the 300-500k bucket with my lowly 324,000 balance
Between the two us we have nearly 2,000,000 miles in our UA accounts. Fredd always says we can use them to fly to the poor house if necessary.
Y'all are hoarding a commodity that does not increase in value. Terrible mistake. Only once in the past 5 years has there been an event that caused FF points to increase in value. There have been many, many more that went the other way. Having hundreds of thousands or millions stockpiled means you're steadily decreasing the RoI over time.
I got down as low as 206 recently, though I'm back around 50K now from recent flying. That'll head back down soon enough as I redeem another award or three.
What would you consider reasonable to have at any one time???
Depends on the defination of main program. I consider that to be Alaska but my US balance is much larger thanks to the Grand Slam and barriers toward redemption.
Everyone's needs are different. Just my opinion- enough for 2 r/t tickets in F to anywhere in the world. If married, enough for 4 tickets. For hotel, enough for a 1 week stay, maybe 2 weeks at most.
Of course, many of us have miles/points in multiple programs. So its hard to give some exact amount, but I personally dont see any benefit of having something like 1million airlines points sitting in a single program. The ONLY outcome of having those miles sit for so long and go unused is they get devalued over time.
i think you are in part correct.
i hoard because i can not get more time off to travel and therefore build up large balances - or see no value in redeeming 25000 BA miles to fly within the US when one can get fares a/i for where we go at $200. that said, my 50% bonus on my BA miles through my use of my CC will off-set any devaluation.
also, part of the balance was specifically purchased, 180K BA for a reasonable amount that will be used for flights in J to HKG and PEK (well, with an extra 20K in the kitty) that would have cost well north of the amount i got the 180K for...although that is another story. just wish BA had a million mile club like AA...
We have them built up because we pushed toward LT status the last few years. We have trips planned over the next few years that will make good use of them. The challenge is to manage them well and not lose them, but I think we'll be okay on that end. We'll see how low is too low -- at what balance will we want to rush to build them back up?
You make a valid point about pushing for status, and also, since you have several trips in mind, I can see why the need to build up your balance. I was more referring to people who truly "hoard" points, solely for the sake of seeing a giant balance when they hit refresh on AwardWallet
I don't really hoard as I use what I've gathered every year. I just a lot more travel in 2010.
I don't spend them unless it's really necessary, e.g., I will pay $150 for a short hop SEA-SFO, but if that same ticket is going to cost $500 for Thanksgiving, I'll pay 50K miles. I'm happy in coach most of the time, so I don't spend them up upgrades either. Someday I'll be old and frail and hopefully they'll still have some value then.
We it probably won't be that long before we are old and frail so we look at things a little differently.
We have been saving miles and point for years and years in anticipation of using them when we retire and still maintain our standard of travel on a fixed income.
Althought we are still working, and therefore still earning, we have started to tap the stash for international flights and expensive domestic flights. For cheap domestic flights, especially those which we have means to upgrade, we just pay for them so we can make the stash last as lond as we do.
Yes, they will devalue, but a free (or sort of free) first class ticket to Rome when we are 80 is still a very good thing.
Maybe 250K, tops, in any one place. I generally max out below that before redeeming again.
I'm married and have no such needs. I definitely do not need 4 seats for just the wife and I.
On the hotel front I think that the hotel loyalty programs are nearly universally a bad investment so I don't bother.
Agreed, though that's why I also find bigger and better trips to redeem on.
A very big risk to take with something that has so much value today.