lifetime plat- buy or wait?
#1
Original Poster
Join Date: Dec 2004
Posts: 42
lifetime plat- buy or wait?
I've got a bit more than 1.9mm lifetime miles, and I'm looking forward to lifetime plat status soon. On my current pace including BIS and credit card miles, I should be there around Feb or March 2009.
For several years I've been reading rumors on FT and other sites that AA could discontinue the lifetime program. Who knows?
So here's my question: Should I buy 60,000 miles for $1500 to put me over the 2mm mark before the end of the year and avoid the risk that AA ends the lifetime benefit at yearend '08? On one hand, I'll certainly get to the 2 million mark in early 2009, so I'd rather not spend the $1500. On the other hand, I'd be seriously bummed if that benefit ends as of 12/31/08 and I miss it my just a few miles. Obviously I'd rather save the money if possible, but Lifetime Plat is probably worth $1500 to me and I'd hate to take the chance.
And yes, I have factored in options like MRs, *wood, etc.
I would appreciate your expert opinion. Thanks.
For several years I've been reading rumors on FT and other sites that AA could discontinue the lifetime program. Who knows?
So here's my question: Should I buy 60,000 miles for $1500 to put me over the 2mm mark before the end of the year and avoid the risk that AA ends the lifetime benefit at yearend '08? On one hand, I'll certainly get to the 2 million mark in early 2009, so I'd rather not spend the $1500. On the other hand, I'd be seriously bummed if that benefit ends as of 12/31/08 and I miss it my just a few miles. Obviously I'd rather save the money if possible, but Lifetime Plat is probably worth $1500 to me and I'd hate to take the chance.
And yes, I have factored in options like MRs, *wood, etc.
I would appreciate your expert opinion. Thanks.
#2
FlyerTalk Evangelist
Join Date: Mar 2004
Location: SJC
Programs: AA EXP, BA Silver, Hyatt Globalist, Hilton diamond, Marriott Platinum
Posts: 33,533
#3
Join Date: Dec 2005
Location: Hopefully on a plane...
Posts: 6,580
Go ahead and try to get some credit card signup bonuses.
#4
Join Date: Apr 2005
Location: PHX
Programs: AA Peon Gold
Posts: 2,915
They've been saying that ever since I've been here, and it hasn't happened yet, nor do I see it happening any time soon.
If you're that worried about it, buy the miles. Small price to pay for LT status, IMO.
If you're that worried about it, buy the miles. Small price to pay for LT status, IMO.
#5
FlyerTalk Evangelist
Join Date: Nov 2004
Location: Melbourne
Programs: ►QFWP/LTG►VA WP►HyattExpl.►HiltonGold►ALL Silver
Posts: 21,992
Someone who knows ... has indicated that indeed change will probably happen eventually but any such change may not be likely to occur in the short term.
Last edited by serfty; Oct 30, 2008 at 7:33 pm
#6
Join Date: Sep 2008
Location: AUS
Programs: BAEC Gold, AA PPro, Hyatt Globalist, Amex Plat
Posts: 7,039
However, having said that, surely you must at least be willing to acknowledge that the airline game has changed dramatically relative to a "the previous few years" no? I don't like to play in the rumor game, but I'm also not positive that anything is actually off the table at this point in time. My gut feeling is that the removal of features and/or benefits that would have been verboten a few years ago might very well be in play these days...
Regards
P.S. I'm not trying to contribute to the rumor re:Lifetime Status, just my own gut feel/paranoia that it will be long gone before I get there (I have aways to go)
#7
FlyerTalk Evangelist
Join Date: Mar 2004
Location: SJC
Programs: AA EXP, BA Silver, Hyatt Globalist, Hilton diamond, Marriott Platinum
Posts: 33,533
However, having said that, surely you must at least be willing to acknowledge that the airline game has changed dramatically relative to a "the previous few years" no? I don't like to play in the rumor game, but I'm also not positive that anything is actually off the table at this point in time. My gut feeling is that the removal of features and/or benefits that would have been verboten a few years ago might very well be in play these days...
Cheers.
#8
Join Date: Sep 2008
Location: AUS
Programs: BAEC Gold, AA PPro, Hyatt Globalist, Amex Plat
Posts: 7,039
Oh, the game has undoubtedly changed. But, with that as backdrop, we could question any present feature of the system. I just see nothing to say that this particular feature is any more at risk than any other. The knowledgeable source posted above is sure that it will change some time...but likely not soon. That's good enough for me.
Cheers.
Cheers.
I'm afraid that by the time I could get to 1 or 2 MM, the gig will be up. Wish I had found FT a few years ago!
Regards
#9
Join Date: Dec 2006
Location: Washington DC Metro Area
Programs: A: PP, LTG/1.5M | UA: SLV | Bonvoy LTTi | IHG PLT| Avis PC | Nat'l Emerald Club EE
Posts: 1,067
OP says s/he would be bummed to miss LT PLT by a few miles and would hate to take the chance of not making it...sounds like a "peace of mind" issue.
If the OP's peace of mind is worth $1500 to him/her, I'd say go for it...as for me, at .4M LT it's a moot point.
cheers!
If the OP's peace of mind is worth $1500 to him/her, I'd say go for it...as for me, at .4M LT it's a moot point.
cheers!
#10
Join Date: Apr 2005
Location: PHX
Programs: AA Peon Gold
Posts: 2,915
Someone who knows ... has indicated that indeed change will probably happen eventually but any such change may not be likely to occur in the short term.
#11
Join Date: Oct 2006
Location: Los Angeles, CA
Programs: AA 1.5 MM Exec Plat, WN A-List, DL Silver, UA nonrev
Posts: 2,593
Another point to consider...
If they did change it at the end of this year (which I personally highly doubt), don't you think they'd grandfather in whatever miles you currently have and make it BIS from here on out? If so, you could save that $1500 and just get the remaining miles as you normally would.
IMO, I don't see AA going back through the millions of AAdvantage accounts trying to sort through which were flight miles vs. credit card vs. eshopping, etc.
Again... my opinion only, but I'd think they go to a BIS miles "from this point forward," if the program were to change (and I think it eventually will since it's much more generous that other airlines' lifetime programs)
If they did change it at the end of this year (which I personally highly doubt), don't you think they'd grandfather in whatever miles you currently have and make it BIS from here on out? If so, you could save that $1500 and just get the remaining miles as you normally would.
IMO, I don't see AA going back through the millions of AAdvantage accounts trying to sort through which were flight miles vs. credit card vs. eshopping, etc.
Again... my opinion only, but I'd think they go to a BIS miles "from this point forward," if the program were to change (and I think it eventually will since it's much more generous that other airlines' lifetime programs)
#12
Join Date: Jul 2004
Location: London, United Kingdom
Programs: OW/AA, DL, UA; Marriott Titanium
Posts: 4,936
The point about the peace of mind of having being worth the price paid to the mind's owner is valid, and that's a decision only the OP can make.
That aside, I'd agree with the chorus of not making the purchase. Take the advice to go w/ a credit card sign-up bonus, as that would be good "boost" to your lifetime count. If you're an SPG Member with SPG points you know you won't be using, the 5K bonus for a 20K point transfer would be another boost. And, meanwhile, the usual suggestions: make sure as many purchases as possible are via AAdvantage e-shopping, register your cards w/ rewAArds Network/i-dine, etc. Those are miles-earning activities you really don't have to go out of your way to do. If you're worried about the non-flying miles perk ending soon, at least make sure that now you're earning them in as many ways possible.
That aside, I'd agree with the chorus of not making the purchase. Take the advice to go w/ a credit card sign-up bonus, as that would be good "boost" to your lifetime count. If you're an SPG Member with SPG points you know you won't be using, the 5K bonus for a 20K point transfer would be another boost. And, meanwhile, the usual suggestions: make sure as many purchases as possible are via AAdvantage e-shopping, register your cards w/ rewAArds Network/i-dine, etc. Those are miles-earning activities you really don't have to go out of your way to do. If you're worried about the non-flying miles perk ending soon, at least make sure that now you're earning them in as many ways possible.
#13
Join Date: Nov 2006
Programs: AA PLT/2MM, SWA A+, SPG Titanium, Avis Chairman
Posts: 1,024
The point about the peace of mind of having being worth the price paid to the mind's owner is valid, and that's a decision only the OP can make.
That aside, I'd agree with the chorus of not making the purchase. Take the advice to go w/ a credit card sign-up bonus, as that would be good "boost" to your lifetime count. If you're an SPG Member with SPG points you know you won't be using, the 5K bonus for a 20K point transfer would be another boost. And, meanwhile, the usual suggestions: make sure as many purchases as possible are via AAdvantage e-shopping, register your cards w/ rewAArds Network/i-dine, etc. Those are miles-earning activities you really don't have to go out of your way to do. If you're worried about the non-flying miles perk ending soon, at least make sure that now you're earning them in as many ways possible.
That aside, I'd agree with the chorus of not making the purchase. Take the advice to go w/ a credit card sign-up bonus, as that would be good "boost" to your lifetime count. If you're an SPG Member with SPG points you know you won't be using, the 5K bonus for a 20K point transfer would be another boost. And, meanwhile, the usual suggestions: make sure as many purchases as possible are via AAdvantage e-shopping, register your cards w/ rewAArds Network/i-dine, etc. Those are miles-earning activities you really don't have to go out of your way to do. If you're worried about the non-flying miles perk ending soon, at least make sure that now you're earning them in as many ways possible.
#14
Moderator: Alaska Mileage Plan
Join Date: Feb 2005
Posts: 12,313
Someone who knows ... has indicated that indeed change will probably happen eventually but any such change may not be likely to occur in the short term.
As far as opinions go, here's mine: If/when a change is made, it will be made quickly and without fanfare.
#15
Join Date: May 2001
Programs: AA PLT 2MM, LH SEN *, HH Gold
Posts: 3,075
If you want to complicate the decision even more you should consider the eVIPs that you get when crossing 2MM. If you cross the threshold this year they will be valid until 02/2010, if you cross next year then 02/2011, if that perk is still around in 2009.