How much would you redeem for life-time BA Gold?

Old Mar 24, 2005 | 3:38 am
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How much would you redeem for life-time BA Gold?

Just curious as to what other Golds here value the benefits gained from it - having never had status, nor flown with BA in a class that gave lounge access, but having a 6-figure sum of miles, I'd probably part with, say 150k.

This despite the possibility it might only be worth one or two hundred a year to me, & I could redeem these miles for 9,000 of flights, with my Amex voucher.

If Lyndsay @BAEC thinks this is a generous offer, she can always PM me, or post in the Coupon Connection!
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Old Mar 24, 2005 | 3:55 am
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Originally Posted by tristan727
Just curious as to what other Golds here value the benefits gained from it - having never had status, nor flown with BA in a class that gave lounge access, but having a 6-figure sum of miles, I'd probably part with, say 150k.
I think you're thinking pie-in-the-sky here. 150k for a year's Gold would probably be cheap at that price, let alone lifetime. What would be the point if people could buy it so easily? It would quickly be devalued.
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Old Mar 24, 2005 | 4:01 am
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Good thread.

But I think your price is a bit low.

I would think anything under 500,000 good value for life time gold. However as I have never been gold , this is just my opinion , but intrested to hear what some golds think.
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Old Mar 24, 2005 | 4:04 am
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Originally Posted by Globaliser
150k for a year's Gold would probably be cheap
For status that doesn't even give u/g's, unlike others? Would have to be a heck of a lot of flying to get enough free food & booze in the lounge, plus 50% mile bonus to recoup, wouldn't it?
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Old Mar 24, 2005 | 4:06 am
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AA was offering Plats (ie BA Silver) the chance to keep status this year for $750 (c400), so a DCF valuation would probably be about 5k - or 312,500 miles at BA's 1.6p valuation.

BA is unlikely to ever offer this for miles, however, on the basis that people who fly enough to get the miles should have status anyway. Even AA is only accepting cash, not miles!

If you wanted lifetime lounge access then you could get lifetime Qantas Club membership, although the chance of the BA / Qantas link remaining the same for the next 75 years is nil.

Giving 'lifetime' status as a reward for loyalty seems a particularly American trait. Only charities and groups like the IOD (where money changes hands) seem to do it here.

Last edited by RJB; Mar 24, 2005 at 4:10 am
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Old Mar 24, 2005 | 4:11 am
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Originally Posted by tristan727
For status that doesn't even give u/g's, unlike others? Would have to be a heck of a lot of flying to get enough free food & booze in the lounge, plus 50% mile bonus to recoup, wouldn't it?
At 150K BA Miles, you're talking about the BA Miles equivalent to a 100K spend on a BA Premium Plus. I'm sure that there are many people who could achieve that in a couple of years just on their ordinary everyday credit card spending. (I make no admissions about myself.)

To put this in perspective, you could get QF Club membership for the equivalent of broadly about 100 a year (plus a one-off joining fee). For BA lounge access when flying BA, it affords you roughly the equivalent of OW Sapphire/BA Silver.

When you compare that to the US airlines' paid memberships, this is one of the travel assistance bargains of the world.

You're suggesting giving up miles whose value is of the same order of magnitude for lifetime BA Gold. As I say, with respect, that's pie in the sky.
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Old Mar 24, 2005 | 4:12 am
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I would go along with Gaza and say I would be happy to drop 150k miles for a Years membership if I fell short.

750k for lifetime?

Gold can be of great benefit if you are stuck in Y on another airline and BA have the lounges.

Also 750k miles for many many ours supping #10 and gin in the F lounge sounds like a bargin
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Old Mar 24, 2005 | 4:13 am
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Didn't AA recently have something like this ?

Lifetime at a tier level something above Gold for around US$ 2 million (maybe a million or two more !!).

I think that this might be something for Tristan
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Old Mar 24, 2005 | 4:26 am
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I think it was lifetime travel in F for $2m. A truly barking offer unless you flew numerous trips a week and were planning to do the same every week for the next 50 years, given that you could keep the $2m in your own bank account and use the interest to buy quite a few F tickets.

And, of course, the life of AA looks likely to be substantially shorter than the life of most of us ....
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Old Mar 24, 2005 | 4:26 am
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$3million I believe - apparently in the mid-80's they offered it for couple of hundred grand
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Old Mar 24, 2005 | 4:46 am
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Originally Posted by RJB
I think it was lifetime travel in F for $2m. A truly barking offer.....
Quite so! In all honesty, if one had $2M to blow on something like this, why not just buy a share in a private jet? Not saying I know how much that would cost, but if you can blow that kind of sum there's a reasonable chance you're not exactly going short of a penny or two more!

As for lifetime Gold..... 150k? Ha ha ha ha ha! I'd cash it in now. No chance.
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Old Mar 24, 2005 | 5:09 am
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Private jets are surprisingly cheap - the guy who sits opposite me has a Marquis Card (the NetJets time-based subsidiary).

The US website puts the starting price at $110,000 for 25 hours flying time. That would equate to 60k but I think the UK ads I've seen say 75k.

Now, if you have 3 kids (as my colleague does) the cost difference is modest. Five Club returns to Nice on BA would be about 4,000. Four hours of Marquis time is 9,600 based on the $110 rate. Not a huge difference in the millionaire scheme of things.
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Old Mar 24, 2005 | 5:25 am
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Originally Posted by RJB
Private jets are surprisingly cheap - the guy who sits opposite me has a Marquis Card (the NetJets time-based subsidiary).
Here's hoping for a Netjets/Tesco marketing tie-up then. That, and banker's salaries brought down to the rest of us mortals.

Last edited by tristan727; Mar 24, 2005 at 5:31 am
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Old Mar 24, 2005 | 7:17 am
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Originally Posted by RJB
Giving 'lifetime' status as a reward for loyalty seems a particularly American trait.
As reward for loyalty even in economy class, maybe, but SQ also has lifetime Solitaire PPS membership, and it's about as un-'American' as an airline can get.

Last edited by jjpb3; Mar 24, 2005 at 7:46 am
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Old Mar 24, 2005 | 11:22 am
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The only Lifetime Emerald status I can think of is Cathay Pacific's Marco Polo Club - Invitational Diamond Level.

One may be invited to this level only on the basis of proven flight records (preferbly on CX), hold an executive decision-making position that would affect thousands of potential CX customers under its command, or is a VIP holding super-star status known not only in HK but worldwide as well.

You may try contacting CX in London about this.. but the chances are, if you're not already a Diamond member with the Marco Polo Club, you have to prove to them why they should give you something for nothing. As it is, CX's Diamond level is the hardest to obtain when compared to all of the other OW FF programmes. Like BA, you gain status in tiers. ie 0->30,000 miles gets you Silver (OW Ruby), then the tier points zero down, (but your award points remain active). You would then need another 60K to gain Gold level, and then from there another 120K to gain Diamond. You may accrue your mileage on either Asiamiles or BAmiles (for UK residents only) but the latter is only miles and not status.

So here's something to work towards.
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