Well unlimited lounge access with a guest especially on CX and partner airlines is a great benefit. You also get more baggage to check and priority boarding, again also on partner airlines. Expect more op-ups as GO on oversold flights and better recognition. Higher priority on waitlists and upgrades.
If you were at 405 points at the end of May, I would have said forget it, but being only 35 points away, I think it's worth it.
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