Outrageously bad advice on redemptions from the WSJ
#1
A FlyerTalk Posting Legend
Original Poster
Join Date: Apr 2001
Location: PSM
Posts: 69,232
Outrageously bad advice on redemptions from the WSJ
Check out Scott McCartney's latest post on awards in his Middle Seat column. It is just awful. There are some pathetic nuggets like this one:
Oh, and his "analysis" of award availability depends only on the carrier websites and doesn't bother with partner availability. So he ignores two of the best ways to get value from points in a post titled: Getting the Most Out of Your Frequent Flier Miles.
Ouch.
With domestic coach tickets, you generally get not much more than one penny per mile in value from airlines – that’s a $250 ticket for 25,000 miles. If the ticket now costs $400, you likely will have to pay 40,000 or 50,000 miles.
Ouch.
#2
Join Date: Jul 2011
Location: North America
Posts: 2,265
For years I didn't understand airline miles. I thought they were out of my reach and only reserved for 6-figures-a-month credit card spenders. It was because of stuff like this. He just pushed away thousands of people from ever attempting to collect / redeem miles, all based on his incomplete research on a subject he clearly does not (fully) understand.
#3
Join Date: Oct 2008
Location: ARN
Posts: 1,034
It's a decent article for the general public, many people who read his article do not read flyertalk.
<snobbish rant>
Here at flyertalk we have a collection of enthusiasts and experts. Similar to the trick-it thread, if "everyone" knew how to get more value from their points it could lower the overall value across the board. I, for one, enjoy getting more value for my points than Joe Six-Pack.
</snobbish rant>
One last thing on the article, he recommends only using miles for international business class. That's good advice (...that I wish he'd keep to himself)
<snobbish rant>
Here at flyertalk we have a collection of enthusiasts and experts. Similar to the trick-it thread, if "everyone" knew how to get more value from their points it could lower the overall value across the board. I, for one, enjoy getting more value for my points than Joe Six-Pack.
</snobbish rant>
One last thing on the article, he recommends only using miles for international business class. That's good advice (...that I wish he'd keep to himself)
#4
Join Date: Oct 2009
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#7
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ETA:
There is a significant difference between not being spoon-fed all the details and being lied to about how the programs work. I think that this column veers dramatically towards the latter category.
Last edited by sbm12; Mar 1, 2012 at 1:15 pm
#8
Join Date: Mar 2011
Programs: HHonors, SPG, ClubCarlson, AAdvantage, BA Avios, US Dividend Miles, UA MileagePlus, Delta SkyPesos
Posts: 137
Check out Scott McCartney's latest post on awards in his Middle Seat column. It is just awful. There are some pathetic nuggets like this one:
Oh, and his "analysis" of award availability depends only on the carrier websites and doesn't bother with partner availability. So he ignores two of the best ways to get value from points in a post titled: Getting the Most Out of Your Frequent Flier Miles.
Ouch.
Oh, and his "analysis" of award availability depends only on the carrier websites and doesn't bother with partner availability. So he ignores two of the best ways to get value from points in a post titled: Getting the Most Out of Your Frequent Flier Miles.
Ouch.
In terms of full disclosure, though, I've never redeemed SkyPesos for anything, nor Southwest Rapid Rewards for anything other than gift cards, so my experience with those airlines' programs is limited. My experiences booking with miles mainly have been with BA, AA, UA, and Continental.
Last edited by LowFlyOver; Mar 1, 2012 at 1:42 pm
#10
Join Date: Jan 2007
Posts: 2,905
Check out Scott McCartney's latest post on awards in his Middle Seat column. It is just awful. There are some pathetic nuggets like this one:
Oh, and his "analysis" of award availability depends only on the carrier websites and doesn't bother with partner availability. So he ignores two of the best ways to get value from points in a post titled: Getting the Most Out of Your Frequent Flier Miles.
Ouch.
Oh, and his "analysis" of award availability depends only on the carrier websites and doesn't bother with partner availability. So he ignores two of the best ways to get value from points in a post titled: Getting the Most Out of Your Frequent Flier Miles.
Ouch.
OMG, that guy is hilarious (or maybe certifiable, lol) take your pic. Either way, more on the table for us - regardless of his "dis"information.
#12
Join Date: May 2010
Location: BNA
Programs: No preference
Posts: 1,176
It's nonsense getting 1099's from Citi saying they are "income" at 2.5 cents/mile when most people can acquire them for much less.
#13
Join Date: Oct 2006
Location: IAD, and sometimes OMNI/PR. Currently: not far from IAD, but home will always be SAN (not far from the "touch my junk and I'll have you arrested" Memorial TSA Check Point) even if I'm not there so much these days.
Programs: UA, CO, Calcifer Award for Mad Haiku Skillz
Posts: 5,076
For years I didn't understand airline miles. I thought they were out of my reach and only reserved for 6-figures-a-month credit card spenders. It was because of stuff like this. He just pushed away thousands of people from ever attempting to collect / redeem miles, all based on his incomplete research on a subject he clearly does not (fully) understand.
I've noticed a few poorly researched articles on air travel that don't seem to be written by people who know much about the subject on sites such as msnbc.com and cnn.com in the past few weeks. They seem to pop up in clusters.
Last edited by youreadyfreddie; Mar 1, 2012 at 4:17 pm
#14
Original Member
Join Date: May 1998
Posts: 1,139
A half dozen posters claiming to have obtained a value exceeding 1.0 cents per mile is not "everyone". I continue to believe that the FMV of a mile is quite low and that the WSJ article cited in this thread is very reasonable. The FMV of a mile is the value at which it will be redeemed in the future. The past is not indicative of the future. Miles are being devalued at an alarming rate. The huge bonus mile offers for new credit card accounts likely indicates that airlines and hotels are selling the miles to wholesalers at a low price, at the same time these airlines and hotels are increasing the redemption levels, either directly by raising minimum thresholds or indirectly by not releasing "saver" seats.
#15
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
Ya mean I dun got it all wrong flying economy to Europe for 30k round trip on that little ol' Charlotte airline? No wonder it was only half full and all us kettles was forced to sleep horizontal across the empty middle row seats. Now ya tell me - so how many miles should I have burned to see Europe in business class? Do they provide newspapers up there? Coulda used 'em as our chickens and pigs kinda left the economy cabin a mess. And we never did find where the cow ran off to.
One last thing on the article, he recommends only using miles for international business class. That's good advice (...that I wish he'd keep to himself)
That part is good advice, though it is buried in the midst of crap.
One last thing on the article, he recommends only using miles for international business class. That's good advice (...that I wish he'd keep to himself)
That part is good advice, though it is buried in the midst of crap.