Originally Posted by
drbobguy
There is always that option as long as Chase keeps it there.
Remember how DL miles could be liquidated at 1 cpm if you had the Delta Amex, but they were suddenly devalued by about 50% in cash value. That's a huge devaluation with no advance notice to users.
Airlines have been playing with the exchange rate of the miles for years. In fact reducing the value of the miles is the main way they reduce the overall cost of the program.
If you want to see the current value of your miles sign up to
Superfly we calculate the personal value of your miles by tracking your history (and how you use the miles) to get a specific net worth.
For most travelers, the net worth is less that 10k.
Looking forward to your feedback.
Thanks,
Jonathan
CEO Superfly