Anyone bought back status this year and seen a decrease in Lifetime points?
#31
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Plat at 40,000 is a lot of points. Since the main benefits of plat are welcome points and an extra 25% (2.5 points per $ over Gold) there's no value for the $100/nt SHS/FFI/RI/TPS guest with their low welcome points and in the case of RI/TPS half pointearning ratios. However a FS/CY regular staying $150/nt one-nighters would see their buyback paying dividends after 45/50 nights. Of course if they have no chance of making Plat the proper way then they'll only have a few nights to accumulate their profits. For most FS/CY 1-night-stay regulars paying $300+/nt it's well worthwhile. I suspect there's few of them though.
#32
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Had I not bought platinum, for two years, I'd have 80k Redeemable points more than I did and 80k lifetime points more.
The benefit from Platinum (and the only reason I did it) was for the extra bonus points (which I thought brought me closer to lifetime status). Those were about 20k a year, 40k total.
So I now got back the 80k points I lost (40k in adjustment and 40k in bonuses in excess of what gold would give me).
Not sure what other benefits there are of Platinum except UA silver which I haven't flown during that time period.
The benefit from Platinum (and the only reason I did it) was for the extra bonus points (which I thought brought me closer to lifetime status). Those were about 20k a year, 40k total.
So I now got back the 80k points I lost (40k in adjustment and 40k in bonuses in excess of what gold would give me).
Not sure what other benefits there are of Platinum except UA silver which I haven't flown during that time period.
#33
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Read post 59 on the thread cited to.
Perhaps MR decided to emphasize the disclaimer this year vrs facing the same problem it had before.
Perhaps MR decided to emphasize the disclaimer this year vrs facing the same problem it had before.
Interesting that our 2014 subject wiki (says originally posted by mariott.com) does not contain the disclaimer. http://www.flyertalk.com/forum/marri...ck-back-2.html
#34
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And given the upcoming merger, this might be the last year Marriott offers buy-back. No idea of course.
Cheers.
#35
Join Date: Mar 2001
Location: Ann Arbor, Michigan USA
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My distinct recollection is that folks posted here that MR failed to even mention this "feature" when they first offered the program, never mind emphasize it. While one might expect a deduction for transferred points, I don't think most would expect a deduction for earned points spent to obtain a benefit. Of course MR can make whatever rules it wants to, but t'would be nice if it listed all the conditions when the offer was first made. However, as pointed out above, MR clearly listed the condition this year and so all were warned.
#36
Join Date: Sep 2008
Posts: 318
I am thinking once you made Lifetime gold or Lifetime Plat, you will stay as a gold/Plat for the rest of your life. Then the accumulated points do not matter that much and you can transfer points to family members or friends to help them buy back their status, right?
#37
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Cheers.
#38
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Cool. So if someone will lend me a few hundred thousand points (if you're transferring them to your friend, send them by way of me so I can pick up lifetime status in the middle, then I'll send them on) we're good to go.
#39
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#40
Join Date: Mar 2016
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To SkiAdcock:
As you can see on this thread, many customers did NOT know about the lifetime balance deduction because as stated in my post: "No publication from Marriott and no representative had ever told this to me before." The company has a legal obligation to disclose such terms clearly and directly to customers. Hiding such terms in micro fine print violates that legal requirement. Furthermore, I could care less if Marriott eliminates the buyback program -> it is currently hurting their customers more than it is helping.
My post is meant to help others by:
1) warning them of the situation
2) giving others a means to be made whole (via a class action suit should it come to that) if they have already been impacted either this year or in previous years as I was
So while I respect your opinion, I sure hope others won't think like you. If we all had the same "a class action will get you nowhere" attitude, then we would be living in an uncivilized world where corporations abuse the rights of customers.
Thanks,
tigrr49
As you can see on this thread, many customers did NOT know about the lifetime balance deduction because as stated in my post: "No publication from Marriott and no representative had ever told this to me before." The company has a legal obligation to disclose such terms clearly and directly to customers. Hiding such terms in micro fine print violates that legal requirement. Furthermore, I could care less if Marriott eliminates the buyback program -> it is currently hurting their customers more than it is helping.
My post is meant to help others by:
1) warning them of the situation
2) giving others a means to be made whole (via a class action suit should it come to that) if they have already been impacted either this year or in previous years as I was
So while I respect your opinion, I sure hope others won't think like you. If we all had the same "a class action will get you nowhere" attitude, then we would be living in an uncivilized world where corporations abuse the rights of customers.
Thanks,
tigrr49
First, welcome to Flyertalk!
Now to the other stuff:
The CEO has bigger things to think about, such as the upcoming merger w/ Starwood. You'll get nowhere w/ a class action, and the end result of your attempting to do so could be Marriott eliminating the buyback program entirely. They're not required to offer one.
As leeky mentioned, once you were notified of the deduction of lifetime points w/ this buyback you had the option to continue w/ it or decline it. I'm assuming you declined this time.
FWIW - I've always found the buyback to be a so/so proposition. If it gets someone lounge access (assuming they stay at full-service properties) & they think they can earn back the points that are being deducted from their regular account, then it might be worth it. Otherwise I don't see it.
Cheers.
Now to the other stuff:
The CEO has bigger things to think about, such as the upcoming merger w/ Starwood. You'll get nowhere w/ a class action, and the end result of your attempting to do so could be Marriott eliminating the buyback program entirely. They're not required to offer one.
As leeky mentioned, once you were notified of the deduction of lifetime points w/ this buyback you had the option to continue w/ it or decline it. I'm assuming you declined this time.
FWIW - I've always found the buyback to be a so/so proposition. If it gets someone lounge access (assuming they stay at full-service properties) & they think they can earn back the points that are being deducted from their regular account, then it might be worth it. Otherwise I don't see it.
Cheers.
#41
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Except if the points deducted as a result of the transfer put you below the lifetime requirement.
#42
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#43
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I don't know of anyone testing it and going below 2MM; I would expect their LT status to be revoked if they go below 2MM LT points. I'm just above 2MM LT points and I have no intention of testing it.
#44
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IIRC someone did test it with their points going below the threshold and they lost the lifetime status. I think this was a case of someone making lifetime status, then transferring points to spouse to help spouse's quest for lifetime status.
#45
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Check post 1725, yes it did happen.
http://www.flyertalk.com/forum/marri...tatus-115.html
http://www.flyertalk.com/forum/marri...tatus-115.html