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Thread: How many miles saved are too many? when do you use?
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Old Jan 23, 2011 | 11:42 am
  #51  
OLYflyer
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Join Date: Jan 2008
Location: SFO,OAK,SJC
Programs: DL PM, AS MVPG, Hyatt DIA, PC PLAT, Club Carl Gold, HH Gold, Accor Dia
Posts: 406
Originally Posted by LizzyDragon84
I don't see any reason to sit on them since they generally lose value over time.

Not sure I agree with this. Yes they may loose some value, but I find the flexibility is well worth it.

"Sitting" on over 1.3M in various programs. My rule of thumb is to have enough in different programs for 2 J/F TPAC seats at all times. If I only had 50,000 in one I don't think I'd sleep at night - what would I do with those redeem for a $200 coach ticket?

By having at least 250k in a program within each alliance I can essentially go anywhere I want in the world at a moment's notice - and in comfort.


Even Skypesos now (at least for the near term) have a floor under them with the ability to redeem for straight cash at 1cpm (via Amex gift cards in SM Marketplace). So I see no reason to waste miles when they could be much more valuable for my needs in the future.
Last edited by OLYflyer; Jan 23, 2011 at 11:48 am
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