FlyerTalk Forums - View Single Post - Consolidated "Points Devaluation" thread
View Single Post
Old Feb 22, 2013 | 1:31 pm
  #712  
BigLar
FlyerTalk Evangelist
20 Years on Site
 
Join Date: Nov 2002
Location: Freeload Univ. Where are you sitting?
Posts: 14,818
To be more specific:
Originally Posted by DannyDarko
1. Do you have to stay or to book before March 28th for the old point rates to still be valid?
You have to book before March 28. When you stay is immaterial - the award at the old rate will be honored.
Originally Posted by DannyDarko
2. Was or is there a deadline for them hhonoring bookings at the old redemption rate?
No. If you booked it, that rate at booking will be the rate honored. Even if (as some here have posted) you get an award over a year from now, it would still be honored at the rate at the time of booking, since that was when the points were deducted from your account. I suppose that's similar to a contract.
Originally Posted by DannyDarko
3. What happens if I book now for after March 28th, am charged the point redemption rates valid now and I don't have the differential amount when I arrive?
Nothing. As above, the rate you booked at is the rate that will be honored. You will not be charged the difference between the then-current redemption rate and the rate at which you booked.
Originally Posted by DannyDarko
4. What happens to Points and Money?
Alas, we don't have definitive answers for that question, nor the issue of AXON and GLON awards, either. Best guess:

AXON will be modified, possibly eliminated
GLON (and other VIP awards) will be minimized or eliminated
Points & Cash will probably stay around. There is another thread on this at the moment.

As always, even though I am a native English speaker , I still might have misunderstood some things. Feel free to correct me.
BigLar is offline