Turn Your Wallet Credits into Mileage Plan™ Miles
Oct 9, 2020, 10:25 am
#47
Join Date: Aug 2018
Location: PDX
Programs: AS MVP Gold 100K
Posts: 2,329
I went to cancel some flights and rebook with miles, however, that plus the fact that most of them were bought with 40% promo codes made it no longer worth it. Still, I was able to cancel a more "expensive" trip around the holidays that I booked in Y and rebook in F with a 25K award.
Oct 9, 2020, 10:26 am
#48
Join Date: Mar 2016
Location: LAX
Programs: AS MVPG, IHG Diamond Elite
Posts: 1,445
yep - would rather save the $$ in wallet for EQM next year when it matters. I've got a fair amount of miles anyhow, so not super interested in this offer unless my wallet balances start coming up on expiration dates.
Oct 9, 2020, 10:43 am
#49
Join Date: Dec 2019
Location: New York
Programs: AS MVPG75K
Posts: 29
I took the bait and exchanged just over $1,000 in wallet funds to 100k RDM. Despite not being able to spend that towards EQM, a round trip in business class to Asia on Cathay or JAL from the US for "$1,000" is a sweet deal.
Oct 9, 2020, 11:02 am
#50
Join Date: Apr 2007
Location: The Far, Far North
Programs: Alaskans fly everywhere on any aircraft going there!
Posts: 1,262
Am cogitating on this but very likely to do it....given we have no firm idea when travel will be safe or not or, even, possible and those wallet bucks have far less "life" than miles.....yep, thinkin' this will happen.
Oct 9, 2020, 11:15 am
#51
Join Date: Apr 2017
Programs: AS 100k, DL PM, New Sagaya
Posts: 1,292
I am leaning the same way. EQM for me usually comes from OPM, so with no work travel options anytime soon.... I might just bag these.
Oct 9, 2020, 11:33 am
#52
Join Date: Jun 2011
Posts: 200
It is tempting since miles will not expire like wallet funds. Of course AS is the real winner if enough people take them up on it since it reduces their cash liability since miles don't really have a cash value even though I think they are required to assign a value for accounting purposes.
Oct 9, 2020, 11:33 am
#53
Join Date: Apr 2017
Programs: AS 100k, DL PM, New Sagaya
Posts: 1,292
Here is the press release from AS today:
https://investor.alaskaair.com/news-...t-credit-miles
https://investor.alaskaair.com/news-...t-credit-miles
Oct 9, 2020, 11:39 am
#54
Join Date: Mar 2017
Location: British Columbia
Programs: AS MVPG100K, Marriott Marriott Titanium Elite, Hilton Gold
Posts: 7,263
It is tempting since miles will not expire like wallet funds. Of course AS is the real winner if enough people take them up on it since it reduces their cash liability since miles don't really have a cash value even though I think they are required to assign a value for accounting purposes.
James
Oct 9, 2020, 11:39 am
#55
Join Date: Jan 2019
Location: SAN, BOS
Programs: AS MVPG100K, BAEC Gold, Hilton Diamond, Bonvoy Plat,
Posts: 2,282
Kinda mad about this just bought $900 worth of tickets. We can’t exchange
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This offer is not intended to apply to new purchases of gift certificates occurring during the offer period. If you acquire a gift certificate during the offer period, or receive a gift certificate acquired during the offer period, and exchange that gift certificate for Miles in violation of this condition of the offer, we will reverse the transaction, remove the Miles from your account, and re-issue the amount exchanged as wallet credit.”
Oct 9, 2020, 11:41 am
#56
Join Date: Jan 2017
Location: Denver
Programs: AS, AA, UA, Hilton, Marriott, Caesars DE
Posts: 2,070
Reading the T&Cs, good thing they added this note:
Otherwise, could see people buying tickets and cancelling them to get a 1cpm return. I assume gift [size=13px]certificate[/size] is [size=13px]synonymous[/size] with wallet credit here.
This offer is not intended to apply to new purchases of gift certificates occurring during the offer period. If you acquire a gift certificate during the offer period, or receive a gift certificate acquired during the offer period, and exchange that gift certificate for Miles in violation of this condition of the offer, we will reverse the transaction, remove the Miles from your account, and re-issue the amount exchanged as wallet credit.
Oct 9, 2020, 12:21 pm
#57
Join Date: Apr 1999
Location: Philippines
Programs: CebGo 5J, Hilton Diamond, IHG Platinum, Alaska 100K
Posts: 4,696
Fantastic solution to my problem. I had $500 in my wallet that I knew I would not be able to use anytime soon because I am "stuck" in Australia due to Covid-19. Problem solved - 50,000 extra miles in my account and my expiry date reset for another two years.
Oct 9, 2020, 1:20 pm
#60
Join Date: Feb 2019
Posts: 5,867
https://onemileatatime.com/alaska-ai...t-funds-miles/
Is that a sign of a massive deval coming at some point?
Is that a sign of a massive deval coming at some point?