Risks to converting SPG->VX->AS?
Jan 5, 2017 | 12:10 pm
#1
Original Poster
Join Date: Jan 2014
Location: yyz
Posts: 1,642
Risks to converting SPG->VX->AS?
I guess today or tomorrow is the deadline to transfer SPG points to VX to subsequently transform them into AS miles...to get transfer bonus'd twice.
Anyone else doing this? I'm only reluctant because I hoard SPG points. But I am a bit light on the AS after a couple redemptions.
Anyone else doing this? I'm only reluctant because I hoard SPG points. But I am a bit light on the AS after a couple redemptions.
Jan 5, 2017 | 1:32 pm
#3
FlyerTalk Evangelist
Join Date: Dec 2006
Location: Pacific Northwest
Programs: UA Gold 1MM, AS Plat, AA EP, Bonvoy Plat, Hilton Dia, Hyatt Glob, IHG Plat, ...
Posts: 21,522
I have a lot more airline miles than hotel points. And hotel points tend to be easier to use even when they may not result in as high a value as some airline awards. So I am keeping my SPG points for diversification instead of transferring them for (speculative) use in the distant future.
Jan 5, 2017 | 2:54 pm
#4
Join Date: Jun 2016
Programs: AS MVP Gold, Marriott Lifetime Gold, National Executive Elite
Posts: 247
Jan 5, 2017 | 5:04 pm
#5
Original Poster
Join Date: Jan 2014
Location: yyz
Posts: 1,642
Thanks for the perspective. I have more airline points than I do hotel points...but I really don't use the hotel points much and, if I do, it'll be some other program's, not SPG's.
My main concern with AS is a CX deval...but since they've added JL, I have at least one option. And HU, I guess.
My main concern with AS is a CX deval...but since they've added JL, I have at least one option. And HU, I guess.
Jan 5, 2017 | 5:24 pm
#6
Join Date: Nov 2004
Location: YYZ, HKG, MFM
Programs: LH Senator, SAS Gold, Atmos Gold, Porter Venture, Marriott Platnium
Posts: 2,035
Just transfer 20500 SPG points to VX today, since I have 1500 VX miles, that will put me with 27k VX, and 35100 AS miles. Initially, I didn't want to do it, but 62.5% bonus is too good to pass up.
I value SPG at 2c/point and Alaska Miles at 1.8c/mile. So with the bonus I am getting 2.93c/mile! That's extra 46.25% of value! Tomorrow is the last day for transfer, so everyone has at least 1 day to think about it
I value SPG at 2c/point and Alaska Miles at 1.8c/mile. So with the bonus I am getting 2.93c/mile! That's extra 46.25% of value! Tomorrow is the last day for transfer, so everyone has at least 1 day to think about it
Jan 5, 2017 | 5:27 pm
#7
Join Date: Apr 2003
Programs: B6 Mosaic 3, Bonvoy LT Titanium (x SPG LT), UA Silver
Posts: 6,172
Just transfer 20500 SPG points to VX today, since I have 1500 VX miles, that will put me with 27k VX, and 35100 AS miles. Initially, I didn't want to do it, but 62.5% bonus is too good to pass up.
I value SPG at 2c/point and Alaska Miles at 1.8c/mile. So with the bonus I am getting 2.93c/mile! That's extra 46.25% of value! Tomorrow is the last day for transfer, so everyone has at least 1 day to think about it
I value SPG at 2c/point and Alaska Miles at 1.8c/mile. So with the bonus I am getting 2.93c/mile! That's extra 46.25% of value! Tomorrow is the last day for transfer, so everyone has at least 1 day to think about it
Jan 5, 2017 | 5:33 pm
#8
Join Date: Nov 2004
Location: YYZ, HKG, MFM
Programs: LH Senator, SAS Gold, Atmos Gold, Porter Venture, Marriott Platnium
Posts: 2,035
That's true. But I am still sitting with 100k SPG points after the transfer, and I am willing to spare 20k SPG for AS. But everyone has different needs, I just hope AS wouldn't devalue their CX chart within this year because I am sitting with 175k AS miles after the transfer.
Jan 6, 2017 | 1:14 pm
#15
Original Poster
Join Date: Jan 2014
Location: yyz
Posts: 1,642
You should be fine. As long as you do it while you are able to, the order should process. It's not like "you transfer Jan 6, the transfer agreement is gone Jan 7 so your points disappear into oblivion"