Originally Posted by
GrizShel
I've got so many miles and so little time each year to use them. I'm afraid by the time I have a chance to use them all, they'll be worth very little. Time is really the critical variable here, If I could go on a 30-week vacation, now then I could really use those miles!
But I'm afraid that's not going to happen anytime in the next few years. So
to see those miles lose value almost daily now.
The miles are only devaluing when award availability tightens or redemption levels go up, so I'm not sure how they are losing value daily. If you're relating the miles value to what it would otherwise cost to buy a ticket for cash, then FF miles aren't devaluing at all, actually. A year ago, a 25K transcon award might've replaced a $300 ticket. Today, that ticket might cost in the neighborhood of $450? (MR's and hot deals aside, and my numbers could be off because I don't reside in the lower 48)
But if you have tons of miles, then it may not make much sense to pay the redeposit fee.