Originally Posted by
zombietooth
There is an overhang of hundreds of billions of miles out there, so if PZ actually does materially increase after the last of the COVID 1K/GS PPs get washed out, expect a deluge of mileage redemptions. MUA UG awards are a bargain compared to cash prices.
True, but slashing 1Ks also eliminates the 11x multiplier, which brings mileage balances down quickly. And with Amex and Citi offering 5x on travel & dining, folks aren't exactly flocking to UA credit cards to earn miles.