Cheap(er) way to retain expiring Asiamiles
#1
Original Poster
Join Date: Mar 2013
Posts: 9
Cheap(er) way to retain expiring Asiamiles
Step 1. Book reward ticket that will use up all your expiring points
Step 2. Cancel & pay $120 penalty
This will only work for ppl who has "a lot of points" expiring.
Current ongoing rate for renewing the points = 2000pt/$40/36mo = 1.39pt/$/mo
I redeemed a flight that costed me 12000pt expiring by 06/17, I cancelled the flight, payed $120, and the points were refunded with updated expiration of 03/18 (9mo renewal):
Rate for renewing the points with this method = 120000pt/$120/9mo = 111.11pt/$/mo.
Still having to pay $120, but much better than the official deal.
Hopefully this can help someone out there with lots of points expiring, and does not have near-future need to use up the points to renew their points cheaper.
Step 2. Cancel & pay $120 penalty
This will only work for ppl who has "a lot of points" expiring.
Current ongoing rate for renewing the points = 2000pt/$40/36mo = 1.39pt/$/mo
I redeemed a flight that costed me 12000pt expiring by 06/17, I cancelled the flight, payed $120, and the points were refunded with updated expiration of 03/18 (9mo renewal):
Rate for renewing the points with this method = 120000pt/$120/9mo = 111.11pt/$/mo.
Still having to pay $120, but much better than the official deal.
Hopefully this can help someone out there with lots of points expiring, and does not have near-future need to use up the points to renew their points cheaper.
#2
Suspended
Join Date: Jun 2002
Location: Hong Kong
Programs: None any more
Posts: 11,017
This has been discussed here before. Obviously you could have got a somewhat longer extension by booking flights in 05/18 (for miles expiring 06/17) and then not cancelling until just before the flight schedule. That would have got you an extension into 2019.
#3
Join Date: Oct 2008
Posts: 114
I have an award ticket booked in Jan 2017 for a flight on 13 Dec 2017. Do I need to cancel before 13 Dec 2017 or can I wait till Jan 2018 to do the cancellation?
Are there any no-show fee charged if the cancellation are done in Jan 2018?
Thanks,
Are there any no-show fee charged if the cancellation are done in Jan 2018?
Thanks,
#4
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,795
Can cancel Jan 18 (I cancelled a 5 Dec 16 issued ticket yesterday)
#6
Join Date: Dec 2014
Programs: British Airways Executive Club Gold
Posts: 1,073
This is why I love the Amex MR program. You only transfer the miles when you need them (well I mess you fly that much then we'll done!)
#7
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,795