Originally Posted by
davidthomson
That is my philosophy as well. I know its akin to heresy on the board but having tons of miles stored away waiting for the perfect storm is crazy nowdays IMHO. I am loyal to AA and OW for the perks I get, not the miles. The day they take away my perks, ta ta, bye for now!!!
I have always said that it is not wise to "bank" the miles and "save" them for retirement. I have more than million miles/points currently on AA/UA/BD/NW/VS and planning on burning 600K to 700K this summer. Always try to burn them at approximately the same speed I earn them.