Originally Posted by
jsloan
I’m in the “I don’t think they can do that” boat. They may be able to raise the price Chase pays for new miles, but I don’t think there’s anything they can do to prevent Chase from handing out the ones that they’ve already issued at whatever redemption rate they want.
I doubt that Chase would stockpile millions or billions of UA miles. I would think their inventory management process would be wiser than that.
What would be a barrier to a change would be any contractual agreement. Once the terms have been met, anything is fair game.
Be that as it may, do you expect UA to just sit there and perceive themselves as being victimized or shorted by Chase without exploring better deals with Chase or other vendors? It may not be AMEX, but heck, who saw Costco dumping AMEX for Visa?