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 very much doubt UA can increase the cost for Chase to buy miles, write similar agreements all the time, and can guarantee, without ever having laid eyes on the contract, Chase's price to buy miles is locked in for the term of the Agreement, and probably contains a bulk purchase discount. If not, Chase should immediately fire whoever negotiated that Agreement.