How many miles and points do you have?
Jan 8, 2014 | 6:43 am
#31
Join Date: Nov 2012
Programs: Hilton Diamond, Marriott Plat, Delta Plat, AA Gold, Avis PresClub
Posts: 104
If you don't need credit it really doesn't matter. If you pay cash for cars, house is paid off (or already have a good mortgage), your credit score is really just a number used to get more credit cards. If my credit score were to go from 800 to 500, all that means for me is i probably wont be approved for any more credit cards...
Feb 9, 2014 | 7:25 am
#32
Join Date: May 2006
Posts: 34
How many miles and points do you have?
My wife and I combined accounts or all airline miles and hotel points just passed 5 million total. We do both travel for business about once a month and play the cc game. We have been burning around 500k per year the last few years and will look to do the same or more this year.
Me - 3.4 million
Wife - 1.6 million
Me - 3.4 million
Wife - 1.6 million
Feb 9, 2014 | 9:06 am
#34
FlyerTalk Evangelist
Join Date: May 2002
Location: Pittsburgh
Programs: MR LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus, HH Gold, Hertz PC, National Executive, etc.
Posts: 31,686
Just fyi, here are plenty of "mine's bigger" threads around here, and most people don't bother with them. Don't be surprised if you get few and/or facetious answers
Feb 9, 2014 | 10:24 am
#35
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 26,113
My wife and I combined accounts or all airline miles and hotel points just passed 5 million total. We do both travel for business about once a month and play the cc game. We have been burning around 500k per year the last few years and will look to do the same or more this year.
Me - 3.4 million
Wife - 1.6 million
Me - 3.4 million
Wife - 1.6 million
100000 miles can be redeemed for a trip that would cost $5000 cash. 100000 hotel points in a program like Marriott or Hilton is more likely to get you just 2 or 3 nights at $300++ cash hotels.
Or for another analogy, it's like having a mix of US Dollars and Mexican Pesos and saying you have XXXXXX currency units (by adding the dollars and pesos together without converting at the 1:13ish conversion rate).
Feb 9, 2014 | 10:52 am
#36
Join Date: May 2004
Location: Home
Programs: AA, Delta, UA & thanks to FTers for my PC Gold!
Posts: 7,674
Feb 9, 2014 | 3:35 pm
#37
Join Date: Mar 2007
Location: SJC/SFO
Programs: WN A+ CP, UA 1MM/*A Gold, Mar LT Tit, IHG Plat, HH Dia
Posts: 6,377
I have about 1.25 million air miles across 5 (soon to be 4) airlines and 400k hotel points across 3 hotel chains.
I actually wish these balances were a bit lower as accrued miles and points are always subject to devaluation. A significant part of the reason my balances have climbed so high is that my wife and I had to postpone 2-3 nice award trips we wanted to take in the past 18 months.
I actually wish these balances were a bit lower as accrued miles and points are always subject to devaluation. A significant part of the reason my balances have climbed so high is that my wife and I had to postpone 2-3 nice award trips we wanted to take in the past 18 months.
Last edited by darthbimmer; Feb 10, 2014 at 10:18 pm
Feb 9, 2014 | 3:39 pm
#38
FlyerTalk Evangelist
Join Date: Sep 2003
Location: HH Diamond, Marriott, IHG, Hyatt something
Posts: 34,524
Unless you have some big immediate plans, I'd feel a bit uncomfortable having that many miles/points around. As has been pointed out, hotel points can be worth a lot less than airline points.
Personally, I try to keep about 500k in airline points on hand. Hotel points really depend on what chain we're talking about. 500k SPG are worth considerably more than 500k Radisson.
Personally, I try to keep about 500k in airline points on hand. Hotel points really depend on what chain we're talking about. 500k SPG are worth considerably more than 500k Radisson.
Feb 9, 2014 | 5:16 pm
#39
FlyerTalk Evangelist
Join Date: May 2006
Location: DTW, but drive to/from YYZ/ORD
Programs: Hilbert Hotel Infinity Platinum
Posts: 39,439
That's not even taking into account the functional difference between a 5* and 2* hotel is way less than Y and F or even Y and J.
Feb 10, 2014 | 7:24 am
#45
Join Date: Nov 2008
Location: Home Airports: CAE/CLT
Programs: Hyatt Globalist, National Executive
Posts: 5,460
I actually wish these balances were a bit lower as accrued miles and points are always subject to devaluation. A significant part of the reason my balances have climbed so high is that my wife and I have to postpone 2-3 nice award trips we wanted to take in the past 18 months.