Massive Mileage Redemption Inflation on AS?
#1
Original Poster
Join Date: Jan 2012
Location: ANC
Programs: AS MVP, Club 49, Avis, Hilton, Hyatt, Bonvoy, GHA, Global Entry
Posts: 1,169
Massive Mileage Redemption Inflation on AS?
I was checking for award flights coming back from BOS to ANC in a couple months time. I noticed a few of the normal 50K miles and 70K miles for F, and then something took me aback. I almost spit my coffee out when I saw a higher redemption level... 95K MILES, ONE WAY for F on AS. I checked other dates and have seen this mileage numerous times, so I know it is not a mistake. What on earth is AS thinking, who would redeem 95k miles for a one way flight on AS?
#2
Moderator: United MileagePlus
Join Date: Oct 2004
Location: Clinging to the edifices of a decadent past from the biggest city in America nobody really cares about.
Programs: (ಠ_ಠ)
Posts: 9,072
I was checking for award flights coming back from BOS to ANC in a couple months time. I noticed a few of the normal 50K miles and 70K miles for F, and then something took me aback. I almost spit my coffee out when I saw a higher redemption level... 95K MILES, ONE WAY for F on AS. I checked other dates and have seen this mileage numerous times, so I know it is not a mistake. What on earth is AS thinking, who would redeem 95k miles for a one way flight on AS?
#3
Original Poster
Join Date: Jan 2012
Location: ANC
Programs: AS MVP, Club 49, Avis, Hilton, Hyatt, Bonvoy, GHA, Global Entry
Posts: 1,169
#4
Join Date: Aug 2018
Location: PDX
Programs: AS MVP Gold 100K
Posts: 2,263
It was a change made earlier this year:
https://onemileatatime.com/news/alas...s-award-costs/
https://thepointsguy.com/news/alaska...s-devaluation/
https://onemileatatime.com/news/alas...s-award-costs/
https://thepointsguy.com/news/alaska...s-devaluation/
#5
Suspended
Join Date: Oct 2021
Posts: 885
I am in the unfortunate position of having several hundred thousand AS miles, some of which came from the B of A Credit Card use, a small number from flying, and (very unfortunately) around 100K which I purchased on those "sales deals" shortly before the pandemic began. I now regard these miles as being worth very little to nothing.
Unfortunately, this is all water under the bridge.
What you can do, and what I plan to do, is to not renew my AS Visa Card when the next renewal comes up, and to NEVER buy AS miles again. I'll redeem what I have for what little it will get me, but for accumulating more of them, all I can say is, "Fool me once, shame on you. Fool me TWICE, Shame on ME."
Unfortunately, this is all water under the bridge.
What you can do, and what I plan to do, is to not renew my AS Visa Card when the next renewal comes up, and to NEVER buy AS miles again. I'll redeem what I have for what little it will get me, but for accumulating more of them, all I can say is, "Fool me once, shame on you. Fool me TWICE, Shame on ME."
#6
Join Date: Oct 2019
Location: PDX, OGG or between the two
Programs: AS 75K
Posts: 2,411
Yeah, this looks to be the implementation of what RAD_PDX mentions in post #4. It's strange because the "main" fares seem to have remained the same but they sure did jack up the prices on FC.
As for buying miles, I have never understood the point. When you factor in the miles you forfeit by flying an award ticket it just doesn't pencil out. Especially if you have any status and multipliers.
As for buying miles, I have never understood the point. When you factor in the miles you forfeit by flying an award ticket it just doesn't pencil out. Especially if you have any status and multipliers.
#7
Join Date: Oct 2014
Location: SNA
Posts: 858
I am in the unfortunate position of having several hundred thousand AS miles, some of which came from the B of A Credit Card use, a small number from flying, and (very unfortunately) around 100K which I purchased on those "sales deals" shortly before the pandemic began. I now regard these miles as being worth very little to nothing.
Unfortunately, this is all water under the bridge.
What you can do, and what I plan to do, is to not renew my AS Visa Card when the next renewal comes up, and to NEVER buy AS miles again. I'll redeem what I have for what little it will get me, but for accumulating more of them, all I can say is, "Fool me once, shame on you. Fool me TWICE, Shame on ME."
Unfortunately, this is all water under the bridge.
What you can do, and what I plan to do, is to not renew my AS Visa Card when the next renewal comes up, and to NEVER buy AS miles again. I'll redeem what I have for what little it will get me, but for accumulating more of them, all I can say is, "Fool me once, shame on you. Fool me TWICE, Shame on ME."
#9
Suspended
Join Date: Oct 2021
Posts: 885
Yeah, this looks to be the implementation of what RAD_PDX mentions in post #4. It's strange because the "main" fares seem to have remained the same but they sure did jack up the prices on FC.
As for buying miles, I have never understood the point. When you factor in the miles you forfeit by flying an award ticket it just doesn't pencil out. Especially if you have any status and multipliers.
As for buying miles, I have never understood the point. When you factor in the miles you forfeit by flying an award ticket it just doesn't pencil out. Especially if you have any status and multipliers.
In the interim, BA has stopped offering ANY FC long haul inventory for award seating, as far as I can tell, or if they do offer some it is so miniscule that you can't find the seats when you look for them, even if you search often and very far in advance. BA and AS have increased the additional cash charges made when you do snag an award seat, to the point where if you factor in the Tier Points and benefits of status coming from paid tickets, it is no longer a compelling value to get mileage tickets from BA, if you could even get them towards the front of the plane which is not easy to do now.
So, as an indirect result of the pandemic and it's trickle on affects, and the actions of these two carriers, AS and BA, my former strategy for securing FC and Business Class seats at a discount on long haul BA routes, no longer functions.
But, what I was doing before, did make financial sense in the past.
So, I'm out maybe $1000 in purchased miles that are now worth maybe $350. If that's the worst thing that happens to me in 2022, then it will have been a great year!
#10
Suspended
Join Date: Oct 2021
Posts: 885
My most frequent and usual route is to fly BOI to SAN, RT, to visit very aged parents who live there in a "Seniors Residence."
AS now wants 40K miles in each direction for a first class seat on days far removed from peak travel and holiday periods. If you just bought the seats, they would cost $239 to around $339 (the latter I would avoid), one way. These flights are 2 hours in length and operated by either Horizon or Skywest on regional jets, usually. The meal service, if you want to call it that, is a wicker basket passed around with small lunchbox sized bags of chips, popcorn, and small little "energy bars."
AS in FC is a bit nicer than SW in cattle class, however the price for this in both miles and in cash is making the price value relationship comparing FC in AS vs. Coach on SW not enough better to make me re-evaluate which carrier I'll be flying on in the future. I'll certainly price shop the flights before deciding, that much is for sure.
AS now wants 40K miles in each direction for a first class seat on days far removed from peak travel and holiday periods. If you just bought the seats, they would cost $239 to around $339 (the latter I would avoid), one way. These flights are 2 hours in length and operated by either Horizon or Skywest on regional jets, usually. The meal service, if you want to call it that, is a wicker basket passed around with small lunchbox sized bags of chips, popcorn, and small little "energy bars."
AS in FC is a bit nicer than SW in cattle class, however the price for this in both miles and in cash is making the price value relationship comparing FC in AS vs. Coach on SW not enough better to make me re-evaluate which carrier I'll be flying on in the future. I'll certainly price shop the flights before deciding, that much is for sure.
#13
Join Date: Sep 2014
Location: ANC
Programs: Alaska 100k
Posts: 987
Just because you wouldn't pay 40k for ANC-BOS doesn't mean I wouldn't.
#14
Suspended
Join Date: Oct 2021
Posts: 885
For example, I have a credit card that effectively gives me a 4.5% rebate on all purchases made, if I only use it either on "travel related purchases" or on "mobile wallet" expenditures (such as Apple Pay). This beats the pants off any other card that I have, and as a result, any where that I can pay with my Apple Watch, and most travel purchases, get made on that card. I originally got my AS Visa card because, at the time, the miles "earned" were worth more and the other benefits received made paying for the card worth it. That time has sadly passed, and the only fathomable benefit I might get from that AS card is a reduced price entry to an Alaska Lounge. Since I usually fly in First on AS, and/or use my BA Executive Club number on my AS flight reservations, I get that lounge entry for free now anyway, in most circumstances.
So, when it comes time for this card to renew (which currently has a zero balance on it and has had this for quite a while), I'll ditch the card for something else or simply not replace it at all.
As to Flying AS, I'll do that when it suits my purposes and when I think I am getting value for money; I'll go elsewhere when the opposite is the case.
People adapt to circumstances and incentives. Significantly devaluing mileage already accrued is a real negative, and doesn't encourage the accrual of additional mileage. That's just a fact. But in all honesty I had already shifted my mileage accrual from AS flights over to BA, within the alliance, so it isn't as if this mileage devaluation was particularly determinant, at least not in my case.
#15
Original Poster
Join Date: Jan 2012
Location: ANC
Programs: AS MVP, Club 49, Avis, Hilton, Hyatt, Bonvoy, GHA, Global Entry
Posts: 1,169
Agreed, considering in the not so distant pass I redeemed 140K AS Miles for LAX-HKG-NRT-HKG-LAX on CX in F/J, and have also redeemed 70K miles for one way ZAG-LHR-SEA on BA J/F. Even my recent RT Coach redemption on FI for ANC-SEA-KEF seems like a better deal. Moral of the story, use your miles for international redemptions I guess. I'm still trying to get on the Finnair A350 in J with AS Miles.