Originally Posted by
pokee
Anyone think that there may be difficulty/delays transferring our Amex or RBC Avion points to BA Avios, Westjet Rewards or Aeroplan (or any other CC points to airline miles) in the near future? Or maybe they'll end their partnerships and we'll lose transfer ability altogether? I was holding off on a Avion to Avios transfer to wait for a transfer bonus, but now I am thinking that'll never happen. And then I wonder - do I want to transfer points to an airline that may go bankrupt, and then my points will be worthless?!
I am not quite sure who pays for these partnerships, how lucrative they are for the credit cards vs. the airlines, and if it's a "luxury" that the airlines won't be able to afford post-Covid-19.
Anyone have thoughts on this?
Points programs are the most valuable parts of an airline, and frequently worth more than the airline itself (think about it - they’re selling you a PROMISE to travel, and then all they do is devalue a chart / close award availability and you accept that as a
fait accompli) - so I don’t think we’re losing our miles anytime soon.
I’m holding on for a transfer bonus. I suspect airlines will need money so they’ll run some soon so people invest more into miles. Though I fully expect them to then devalue so that their liability is decreased (like Aeroplan most likely will, soon, after that mega sale they just ran).