FlyerTalk Forums - View Single Post - If you value miles at more than 1.5 cents why not just keep buying BMI miles?
Old Aug 23, 2010 | 3:13 pm
  #9  
hindukid
 
Join Date: Jul 2001
Location: Chicago
Posts: 2,682
Originally Posted by Happy

2) many folks do not want to split up to fly different days on same carriers if they can help it, let alone split up to fly different airlines. So that buying enough miles with multiple members so one member can fly - this idea may not "fly" with many people. No pun intended.
I wasn't really saying that people need to split up. If my wife and I wanted to fly together we would need 2 accounts with 37.5 each or 4 accounts with 18.75 each.

Getting two accounts is easy as we are two people. For four accounts, I would probably just create accounts for my parents and buy miles in those and then use those to redeem for ourselves. There are at least ten other people who would have no issue with me creating an account in their name and buying miles in the account.

So unless you are a family of 8 this is really not an issue. Even if you are its only an issue if you want to travel this year and then will have no use for the miles next year or beyond. For anyone who will use miles in 2011 or later the cap is not really an issue because they will be able to attain enough miles for a C ticket.

I understand that its not great to be buying miles for the future when you have no idea how much they are being devalued. But the calculation should be the same when it comes to spending miles. When the typical FT'er says that they are going to spend $900 on the ticket that will cost 50K miles, they are essentially paying 1.8 cents per mile. And that is a mile that might be devalued in the future.

My overall point is that is most situation I think that those who hold out for very high valuations when deciding to redeem miles should just redeem those miles at any time over 2 cents and maybe even 1.5 and use the funds to buy BD miles instead.
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