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Drowning in Miles and Points
I am a very frequent traveler which is mostly on the road internationally and have amassed millions of miles and points, only air and hotel.
I simply do not have the time to use these miles and have read around regarding Coupon Connection. Although I would like to stay within the boundaries of the program rules associated within each scheme I am trying to figure out what to do with my all these miles / points. My main problem is time, I cant fiddle with dates I NEED TO TRAVEL ON THE DATES I NEED TO, and that goes for vacation as well given that it is on my dime vs. company dime... Traveling 300,000-500,000 miles per year (YTD approx 185,000) for the past three years have really incresead my balances tremendously accross several programs. Spending half of the year in hotels accross the world has had a major impact to my SPG account (well in excess of MM). I have always stayed current with promo's especially before 2003 when I only traveled 100,000-150,000 miles per year and 50-100 nights in hotels per year. I had an account with US with 118,000 miles that was dormant (i.e. had no idea I had it as I had forgotten about it) and got in the mail a piece a letter from US letting me know that there were about to expire. Kindly of them or else I would have not even known, regardless I donated them to a worthy cause, which told me it was their largest miles donation from a single user... It got me thinking... Apologies for the rant but have to figure out something to do with these rewards and if someone is in the same situation as mine would be keen to hear them out. Regards from the CRC @ LAX |
Originally Posted by trik
(Post 7839391)
I simply do not have the time to use these miles and have read around regarding Coupon Connection. Although I would like to stay within the boundaries of the program rules associated within each scheme I am trying to figure out what to do with my all these miles / points.
The CC won't help you because people are mere exchanging awards from different programs and $$$ transaction are prohibited. If you do $$ transactions your account might get audited as well documented on FT. Quite a few programs allow you to exchange points/miles for merchandise. That would be one route to spend the points/miles as well. |
Originally Posted by holtju2
(Post 7839502)
If you don't have time to use them by yourself why not start sponsoring trips to your family members.
How about using your miles to upgrade to F (or are you already flying in F)? Failing any of these, most airline sites have charitable links to donate miles. I know AA has several charities on their web site, including Hero Miles, that are in need of miles. |
Originally Posted by tom911
(Post 7839644)
How about using your miles to upgrade to F (or are you already flying in F)?
I do not have an extended family and am not married, other than two close members who are well off and would look at me weird by offering them a ticket I really do not have anyone I can closely associate myself in such manner. Perhaps some of you use miles/points for products but ime (limited) the stuff you can buy is really a true rip-off. I am using about 450,000 SPG points for a week in the maldives in November(SPG is good as there is no fiddling around with dates). Still, even after that my balance will be well over 1MM, I tried (still trying) to get tickets to MLE with OW, ST AND SA but my dates "are not available" even if willing to committ some stupid amount (not saver, but highway robber plan). Because I need to depart on exact dates and my friend coming with me has set flights Im kind of screwed as I will need to shell out for full J and two different pnr's. Connecting in BOM. So... Even trying my best to use some miles its getting tough. I am also pressed for time and infact currently I have time to kill and looking for award J or F but seems next to impossible if your dates are locked... BTW my trip is scheduled for November! Ill just keep trying I know that ORD-BOM (flight we are supposed to take) should open up at some point and will at least get one leg comped with miles... We shall see. |
Have you looked closely enough at SkyTeam flights? You didn't say which ST carrier your miles are with, but by November, DL, CO, and NW will all be flying there. And, unlike OW, at least some of these ST carriers have their "pay double miles to waive capacity controls" feature work on partner carriers as well. For example, with CO miles, with the double-mileage awards, you can take seats not only on CO but on NW. I've done exactly this, booking the very last NW J revenue seat on an int'l flight using CO miles. This doesn't work between all ST carriers, but it works at least between NW and CO, so it's worth checking into.
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I don’t know your age, but a number of FT-ers see miles/points as part of their retirement portfolios. Given your amount of biz travel, it might be hard to drag yourself on another plane/into another hotel, but when retired a hundred plus days in the *wood of your choice, along with free tix to get there, would likely be pretty appealing.
Sure, there will be some devaluation along the way, but a million plus *points will always have some value; and more so when you have the time to enjoy it. |
Good idea about just keeping them for retirement, on the other hand I really hope I do not need miles for retirement pruposes... but who knows?
Appreciate the ST concept to MLE and am trying to look into that today that I am actually at home... before leaving again tomorrow which will not give me a lot of free time. Have many miles with DL, AF and NW (mainly DL and AF with balances in the multi-million level). What flights btw? On a side note, I have been getting numerous emails asking to barter, trade, sell etc. miles and have not replied mainly bcs I am not interested, but thanks. However ONE PM was well recieved, about donating miles to another worthy cause. It just so happens I have 56,000 UA miles I do not intend to use or accumulate and have donated them to the ALS cause, thanks for your PM kind FTer the miles are on their way, hope you can use them in a meaningful way. Roger |
Roger,
One benefit of having soo many miles is offering an award to yourself that you might not otherwise offer, such as using United miles to fly Emirates Business class etc. Most airlines offer the use of double miles for when standard mileage awards are not available. One thing to do with starwood is use points for instant awards in the hotel. I did this in Venice for breakfast for two for only 3,000 SPG points. If you have that many points, sometimes airlines will do a special award like tickets to the Masters or a weekend stay at a resort with everything included. Just some ideas. I understand about where you are coming from as far as not finding flights for your dates. I am going to the Seychelles and could not use miles and just had to purchase a ticket. One option is to trade for a airline that flys to where you want without capacity controls. I believe Singapore and Emirates both fly to Maldives and have a great premium product, yet I am not sure if they offer double miles to waive capacity controls, yet maybe a partner airline lets you waive capacity controls on Singapore for extra miles. Cheers Timo |
If you have a charity you work with or have familiarity with, you might want to go to them and see if you can help out in some way. I had a situation a little while back when a animal shelter I was working with was looking at attending a conference, but didn't have any money to do it. They didn't really push it, but I could have redeemed award tickets and hotel nights to get them to the event if they really wanted. That may be something else you can do with the excess points.
I used a whole bunch of extra miles I had to put together a family vacation event and got award tickets for everyone to fly in. I don't know if this would work for your company, but you may also be able to use them to book one of your business trips and get the company to just give you the equivalent amount as an expense reimbursement. That doesn't work with a lot of companies, but that may be another way for you to consume the miles and make some money in the process. |
Maybe you need to get a better job!
Mine comes with 10 weeks vacation a year and plenty of opportunity to use miles and points with some flexibility. And all that air travel, it seems, may be bad for the environment. Videoconferencing may be less burdensome, so that travel becomes more for personal travel and enrichment. |
There are a lot of charitable organizations out there and I would agree with the others who recommend donating your miles, but I'd suggest looking closer to home than with the traditional "big boys" of charity work. I have nothing against donating miles to help the military personnel or etc, but those charities are already getting lots of donations. Your local Childrens Hospital would probably make good use of the miles to help when families have to travel for a sick child's treatment, and they don't usually have quite the exposure that other charities do.
Or give the miles to Habitat for Humanity. They still have a massive effort underway in post-Katrina Gulf Coast areas and volunteers must either pay for their own transportation or get someone to sponsor them. This amount of miles would probably allow several volunteers to take part when it might otherwise be out of their financial reach. |
Hi trik/CRC,
The key question is, are you able to plan any trips several months in advance? It is quite possible to get seats in that situation. |
Originally Posted by holtju2
(Post 7839502)
The CC won't help you because people are mere exchanging awards from different programs and $$$ transaction are prohibited.
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Originally Posted by trik
(Post 7841067)
Good idea about just keeping them for retirement, on the other hand I really hope I do not need miles for retirement pruposes... but who knows?
Appreciate the ST concept to MLE and am trying to look into that today that I am actually at home... before leaving again tomorrow which will not give me a lot of free time. Have many miles with DL, AF and NW (mainly DL and AF with balances in the multi-million level). What flights btw? On a side note, I have been getting numerous emails asking to barter, trade, sell etc. miles and have not replied mainly bcs I am not interested, but thanks. However ONE PM was well recieved, about donating miles to another worthy cause. It just so happens I have 56,000 UA miles I do not intend to use or accumulate and have donated them to the ALS cause, thanks for your PM kind FTer the miles are on their way, hope you can use them in a meaningful way. Roger Transfer your SPG points to SQ's KrisFlyer account. You can fly SQ from SIN to MLE in Business class for 65K miles if seats are available. If not, pay double miles - 130K - and you will get any seats that's available on the SQ flights. SQ flies to MLE everyday from SIN. If you redeem the award yourself online, you can save 15% off the 130K you'll need, by logging into your SQ KrisFlyer account and make the redemption. As you know, 20K SPG point = 25K SQ mile, you have more than enough points for your trip to MLE. Feel free to ask any other questions you may have. I agree with Napoleon on one thing: "The word <<impossible>> doesn't exist." :) |
Originally Posted by aktchi
(Post 7842234)
The key question is, are you able to plan any trips several months in advance? It is quite possible to get seats in that situation.
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Originally Posted by holtju2
(Post 7843381)
That is not correct. The award availability in premium cabins is often excellent day or two before the flights.
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Originally Posted by aktchi
(Post 7843536)
Much of my experience has been in coach, so I stand corrected.
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Originally Posted by trik
(Post 7839391)
I am a very frequent traveler which is mostly on the road internationally and have amassed millions of miles and points, only air and hotel.
I simply do not have the time to use these miles and have read around regarding Coupon Connection. Although I would like to stay within the boundaries of the program rules associated within each scheme I am trying to figure out what to do with my all these miles / points. My main problem is time, I cant fiddle with dates I NEED TO TRAVEL ON THE DATES I NEED TO, and that goes for vacation as well given that it is on my dime vs. company dime... Traveling 300,000-500,000 miles per year (YTD approx 185,000) for the past three years have really incresead my balances tremendously accross several programs. Spending half of the year in hotels accross the world has had a major impact to my SPG account (well in excess of MM). I have always stayed current with promo's especially before 2003 when I only traveled 100,000-150,000 miles per year and 50-100 nights in hotels per year. I had an account with US with 118,000 miles that was dormant (i.e. had no idea I had it as I had forgotten about it) and got in the mail a piece a letter from US letting me know that there were about to expire. Kindly of them or else I would have not even known, regardless I donated them to a worthy cause, which told me it was their largest miles donation from a single user... It got me thinking... Apologies for the rant but have to figure out something to do with these rewards and if someone is in the same situation as mine would be keen to hear them out. Regards from the CRC @ LAX I do have a friend who had accumulated several million miles on mostly Delta and some on AA. Because he was accustomed to flying J and F - he always booked F award tickets and as a result used up most of his miles in less than 5 years flying only a few times each year (usually traveling w/ his wife - so double the miles) Two anytme F award tickets at 180,000 miles is only five tickets per 900,000 miles. Anyway, best of luck - you are blessed. Thanks for thinking of charity as well. |
Originally Posted by yanxfann
(Post 7842712)
True, however transactions for travel related gift certs (AA vouchers are especially popular) are allowed.
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Just keep them and make sure they don't expire. The day will likely come when you find you have a lot more free time on your hands than you do now and you will be able to start burning through them by taking some really nice trips. I sure wouldn't mind having a few million points and miles waiting for me when I retire.
What is it you do for a living that has you travelling so much? |
wow. is it that hard to burn miles in the USA that you have to give them to a charity?
in Canada, the two major programs(Aeroplan and Airmiles) both allow you to buy useful things such as electronics, toys, household appliances, and ordinary gasoline. |
If you really just want to burn miles and don't really care about the redemption value...
just get a Diners club card and convert all of your points into club rewards, then you can cash that out for money. Of course, this would be a terrible waste of your miles, and would devalue them to be about .2 cents, but...hey..it can use them all up. |
Originally Posted by st7860
(Post 7843782)
wow. is it that hard to burn miles in the USA that you have to give them to a charity?
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Thanks for the smart advices.. a lot of work but I have to get this in. I tried the AA flight ORD-BOM and there was no availability... It sucks bcs I am trying to conquer something that given lack of true time dedication seems nearly impossible. I checked availability on that flight for my dates and its wide open so Im guessing at some stage they will release some award seats... Guessing is the key.
Currently in Kiev, so apologize for belated reply. The people asking what I do for a living I rather abstain from divulging, hope this is understandable. (Got numerous PMs about what I do for a living...). Ill keep you posted, but ST seems not an option as we really would like to arrange that flight to BOM as it would suit us perfectly. If not, I reckon we might have to purchase full fare J and accumulate more miles... |
If you do decide to donate miles, consider http://lbeh.org/
They take donations of cash and miles to fly active duty troops home to see their loved ones during the holidays. The folks doing the work are volunteers so all the money actually goes to the troops. Better still it's even tax deductible. If you donate miles, they make an estimate of what that ticket would cost using cash and send you a receipt for your tax return. I've supported them since their inception in 2001. |
http://flyertalk.com/forum/showpost....1&postcount=41
the RT awards (regular not saver) for SQ's new J/F and the routes currently available. of coure you could also do their regular awards for any route (1.5X i believe for others intead of 2X for new products) but those new products are really nice. |
Originally Posted by pushback
(Post 7843778)
Just keep them and make sure they don't expire. The day will likely come when you find you have a lot more free time on your hands than you do now and you will be able to start burning through them by taking some really nice trips. I sure wouldn't mind having a few million points and miles waiting for me when I retire.........
Also gift to relatives by flying them to places for family re-union. |
Originally Posted by holtju2
(Post 7843734)
The OP is obviously not redeeming his miles for Y. The best bang for the buck is always to redeem in C or F in non US carriers.
There was a thread about this subject a few months back but I can't seem to find it... |
skyteam - CO (nonsaver awards on all skyteam partners, and some other partners)
star alliance - SQ (nonsaver awards on SQ, including new F/J) oneworld - AA (nonsaver awards on AA) VS options > ~100K/night for ulusaba in africa -2MM (earned by flying VS, so only works if you do) for space flight -1MM for necker island celebration week (scheduled very few times a year, so probably doesnt work unfortunately) you could also use up SPG by upgrading to specialty suites, at properties which allow you to do so. it sounds like you do plenty of business with them, so maybe theyd even let you combine plat status with a large amount of points to get a suite not normally available as an award. EY also has nonsaver awards but im not sure how they work. |
trik - I am zero help.. but I wish I had your problem. :) :D
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How about donating your miles to those who are less fortunate. There are lots of children in the war torn countries that need medical assistance in well off countries. If you are a religious member, donate unwanted miles to missionaries and aid workers who can better use the money saved to support the people in need.
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[QUOTE=trik;7839391]
Apologies for the rant but have to figure out something to do with these rewards and if someone is in the same situation as mine would be keen to hear them out. If you have DL miles and you just want to dispatch of them quickly, try spending them on the Medallion Marketplace. It is kinda like going to a loan shark for a tooth brush, but you can use your miles for Golf Clubs, TV's, luggage, etc. If it were me, I would probably just donate the miles or save them for retirement -- as another poster said. Enjoy! |
why not make up a contest in FT and give awards to winners. :D
or give them in the form of awards coming directly from you or thru some organization to military personnel who need to visit people when on leave. :)MM |
Thanks and once again apologies for tardiness.
I do recognize the importance of chiratable giving and to some extent I am keenly involved at the donation level which is commendable but can be labour consuming. I have to be honest that I do choose attentively (given time) at the aim of such organizations, and must admit (albeit at potential opinionation) that anything to do with war is out of my quest or grant giving abilities. Since writing this topic, I had been traveling and as you know, time FLIES when you travel. Therefore it seems this morning was when I requested your help and to be perfectly clear the chances of me checking back to this site have been with all due respect obsolete, BUT dedicated and with curiosity. (come think of it, I checked my personal email less than FT this past week, so im trying hard!) On a last note, a kind member of your site has offered to genreate ideas based on my balances and account relevance, and I send him a gratious Thank You with the information along. Anyone else, feel free to message me. (And some of you were not shy at that!!) Regards, Roger |
Originally Posted by trik
(Post 7881451)
Anyone else, feel free to message me. (And some of you were not shy at that!!)
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Thank You
I just wanted to close this thread with a warm Thank You to the brave and extremely talented bunch of this board.
I preface with another apology for all the PMs unanswered which are 22 upon my logging in. And being at home after a far east trip I am due for bed, however will promise to be responsive to the best of my abilities commencing next morn. Again, your thoughtful insights have amassed a plethora of possibilities and frankly its becoming a duty that I am longing to, simply bcs of the time injected by some of you at your earnest to the best of causes; my free time:) So long, and bid you all a good week-end. Roger |
Although you're gone, it can't hurt:
Donate them to a needy college student. :) OK, the thread can be closed now. ;) |
I am trying to figure out what to do with my all these miles / points. |
What to do with them? I could use a trip to see family in Germany. That should kill a few of em.
In terms of how much you fly, don't forget to fit a life in there. With 100 nights in a hotel you miss a lot. You can always buy plane tickets, but you can never buy time... |
Have you talked to your employer and/or clients about using miles for business travel tickets instead of paying cash and reimbursing you for that, possibly at a discounted rate to make it a true win-win situation (i.e., you use your miles for a $10,000 ticket but they only reimburse you $7,500, 75% of the cash cost)?
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