Goldpoints Transfer Strategy
#1
FlyerTalk Evangelist, Ambassador: World of Hyatt
Original Poster
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
Goldpoints Transfer Strategy
I'm trying to decide the best way to handle my goldpoints account balance.
I'd like to accumulate points and transfer them to United, Continental or Delta. If United, I would probablyl use them for FF tickets. For Delta I'd probably transfer them to HH.
Is my best strategy to let them sit in goldpoints or just get them out of the account as fast as they are earned? If so, where do you think is the best place to send them to.
My intention for the account, because of the ability to transfer point to so many different places, was much like I treat my Diner's account - hold them there until I need them.
With Goldpoints getting rid of so many of the shopping partners, I'm getting a little concerned about their viability (plus my ability to earn more points).
What do you think? Transfer as I get them or hold on to them until I need them?
Mary
[This message has been edited by Mary2e (edited 03-22-2002).]
I'd like to accumulate points and transfer them to United, Continental or Delta. If United, I would probablyl use them for FF tickets. For Delta I'd probably transfer them to HH.
Is my best strategy to let them sit in goldpoints or just get them out of the account as fast as they are earned? If so, where do you think is the best place to send them to.
My intention for the account, because of the ability to transfer point to so many different places, was much like I treat my Diner's account - hold them there until I need them.
With Goldpoints getting rid of so many of the shopping partners, I'm getting a little concerned about their viability (plus my ability to earn more points).
What do you think? Transfer as I get them or hold on to them until I need them?
Mary
[This message has been edited by Mary2e (edited 03-22-2002).]
#2
Join Date: Apr 2001
Location: OAK
Programs: AA PLT (1MM); SPG GLD
Posts: 461
Mary,
Hedge your bet - transfer some now and save some for a rainy day.
But *always* *always* *always* transfer in 6K blocks. Why? For any transfer larger than 2K, I've gotten a 500 mile bonus (on AA and UA). Example:
8 6K transfers == 8x1.5K + 8x500 = 16K
6 8K transfers == 6x2K + 6x500 = 15K
1 50K transfer == 12.5K + 500 == 13K
25 2K transfers == 15x500 == 12.5K
Added the following 3/22:
This effectively makes the rate 3GP == 1 mile, rather than 4GP == 1 mile.
*Don't* call and ask to make 8 6,000 point transfers in one day. It's likely to post in a different manner (such 2 20Ks +1 8k), reducing the bonus points.
*Do* call every several days to make the transfers.
*Don't* sign up for automatic transfers (unless they can automatically transfer 6K per week - haven't looked into that option).
[This message has been edited by CutStyle (edited 03-23-2002).]
Hedge your bet - transfer some now and save some for a rainy day.
But *always* *always* *always* transfer in 6K blocks. Why? For any transfer larger than 2K, I've gotten a 500 mile bonus (on AA and UA). Example:
8 6K transfers == 8x1.5K + 8x500 = 16K
6 8K transfers == 6x2K + 6x500 = 15K
1 50K transfer == 12.5K + 500 == 13K
25 2K transfers == 15x500 == 12.5K
Added the following 3/22:
This effectively makes the rate 3GP == 1 mile, rather than 4GP == 1 mile.
*Don't* call and ask to make 8 6,000 point transfers in one day. It's likely to post in a different manner (such 2 20Ks +1 8k), reducing the bonus points.
*Do* call every several days to make the transfers.
*Don't* sign up for automatic transfers (unless they can automatically transfer 6K per week - haven't looked into that option).
[This message has been edited by CutStyle (edited 03-23-2002).]
#3
Original Member and FlyerTalk Evangelist
Join Date: May 1998
Location: Kansas City, MO, USA
Programs: DL PM/MM, AA ExPlat, Hyatt Glob, HH Dia, National ECE, Hertz PC
Posts: 16,579
I don't think GoldPoints is going anywhere, and I'm letting my points stay there until I need them for who knows what ... an extra few thousand for an award ... or a partner for a promotion (ala, NW's 5/10 and AA's 20/20 promos) or even to dump 500 in one account or another to extend the expiration date. Keeping them flexible makes them much more valuable ...
#5
Join Date: Dec 2001
Location: Los Angeles, CA; temporarily in Pensacola Beach, FL; no, I have NO elite status in ANYTHING yet - but working on AA Lifetime GLD!
Posts: 126
Just had 221,500 AA miles post in 12K blocks with a 10,500 total point bonus. Probably could have gotten more if I transferred in 6K blocks but with all the delays with getting the GoldPoints, I wasn't about to get picky.
- Sameer
- Sameer
#7
Join Date: Apr 2000
Location: Fort Myers, FL
Programs: Hilton Gold, SPG & IHG Plat, & every airline program that I can join
Posts: 2,279
How long is it takeing for transfers?
I requested 100,000 point transfers (25000 Miles) into both my and mothers accounts on 3/01 and the points came out of the GP accounts on 3/04, but nothing to the British Airways accounts yet.
I don't want to go bonkers yet...
I requested 100,000 point transfers (25000 Miles) into both my and mothers accounts on 3/01 and the points came out of the GP accounts on 3/04, but nothing to the British Airways accounts yet.
I don't want to go bonkers yet...
#8
Suspended
Join Date: Sep 2000
Location: USA
Programs: HH Diamond, SPG Gold, PC Platinum Ambassador, Marriott Silver
Posts: 15,249
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by needathrill:
Anyone receive or not receive a 500 mile bonus for transfering goldpoints for Delta or NWA?</font>
Anyone receive or not receive a 500 mile bonus for transfering goldpoints for Delta or NWA?</font>
#9
FlyerTalk Evangelist, Ambassador: World of Hyatt
Original Poster
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
Thanks everyone. Looks like I'll hold them in the account and then transfer them in 6k blocks...
I did a very large transfer in Jan to UA (about 82k) and didn't notice any bonuses.
Is this new?
Mary
I did a very large transfer in Jan to UA (about 82k) and didn't notice any bonuses.
Is this new?
Mary
#11
Join Date: Apr 2001
Location: OAK
Programs: AA PLT (1MM); SPG GLD
Posts: 461
Mary2e:
I received bonuses on tranfers to UA on 12/10/01, 12/11/01, and 01/18/02.
Gwelkins:
You need to have a GoldPoints number issues by Radisson in order to transfer to AA. If you already have a GoldPoints number issued by www.goldpoints.com or TGIFridays, no problem. Go to www.radisson.com and sign up for another GoldPoints number. Then call GoldPoints and ask to have your accounts merged, with your Radisson-issued number being the number that continues.
Then, to transfer points, just call customer service (800)508-9000 (x5 is for transfers).
Good luck.
I received bonuses on tranfers to UA on 12/10/01, 12/11/01, and 01/18/02.
Gwelkins:
You need to have a GoldPoints number issues by Radisson in order to transfer to AA. If you already have a GoldPoints number issued by www.goldpoints.com or TGIFridays, no problem. Go to www.radisson.com and sign up for another GoldPoints number. Then call GoldPoints and ask to have your accounts merged, with your Radisson-issued number being the number that continues.
Then, to transfer points, just call customer service (800)508-9000 (x5 is for transfers).
Good luck.
#12
FlyerTalk Evangelist
Join Date: Aug 2001
Location: SF CA USA. I love large faceless corporations. And they cherish me in return (sometimes). ;)
Programs: UA Premier Gold/disappointed 1MM, HH Gold, IHG Plat, MB Gold, BW Diam Sel
Posts: 17,575
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by CutStyle:
Mary,
Hedge your bet - transfer some now and save some for a rainy day.
But *always* *always* *always* transfer in 6K blocks. Why? For any transfer larger than 2K, I've gotten a 500 mile bonus (on AA and UA). Example:
8 6K transfers == 8x1.5K + 8x500 = 16K
6 8K transfers == 6x2K + 6x500 = 15K
1 50K transfer == 12.5K + 500 == 13K
25 2K transfers == 15x500 == 12.5K
Added the following 3/22:
This effectively makes the rate 3GP == 1 mile, rather than 4GP == 1 mile.
*Don't* call and ask to make 8 6,000 point transfers in one day. It's likely to post in a different manner (such 2 20Ks +1 8k), reducing the bonus points.
*Do* call every several days to make the transfers.
*Don't* sign up for automatic transfers (unless they can automatically transfer 6K per week - haven't looked into that option).
[This message has been edited by CutStyle (edited 03-23-2002).]</font>
Mary,
Hedge your bet - transfer some now and save some for a rainy day.
But *always* *always* *always* transfer in 6K blocks. Why? For any transfer larger than 2K, I've gotten a 500 mile bonus (on AA and UA). Example:
8 6K transfers == 8x1.5K + 8x500 = 16K
6 8K transfers == 6x2K + 6x500 = 15K
1 50K transfer == 12.5K + 500 == 13K
25 2K transfers == 15x500 == 12.5K
Added the following 3/22:
This effectively makes the rate 3GP == 1 mile, rather than 4GP == 1 mile.
*Don't* call and ask to make 8 6,000 point transfers in one day. It's likely to post in a different manner (such 2 20Ks +1 8k), reducing the bonus points.
*Do* call every several days to make the transfers.
*Don't* sign up for automatic transfers (unless they can automatically transfer 6K per week - haven't looked into that option).
[This message has been edited by CutStyle (edited 03-23-2002).]</font>
Kathy
#14
Join Date: Dec 1999
Posts: 30
Regarding the 500 bonus miles...
1. Is this a special promo for a limited time?
2. Which airlines give the bonus miles?
I called Gold Points to ask them about that and they said they were not aware of it. Is this posted anywhere on the airlines web page? Thanks for helping me clarify this.
1. Is this a special promo for a limited time?
2. Which airlines give the bonus miles?
I called Gold Points to ask them about that and they said they were not aware of it. Is this posted anywhere on the airlines web page? Thanks for helping me clarify this.
#15
Suspended
Join Date: Sep 2000
Location: USA
Programs: HH Diamond, SPG Gold, PC Platinum Ambassador, Marriott Silver
Posts: 15,249
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Kim:
Regarding the 500 bonus miles...
1. Is this a special promo for a limited time?
2. Which airlines give the bonus miles?
I called Gold Points to ask them about that and they said they were not aware of it. Is this posted anywhere on the airlines web page? Thanks for helping me clarify this.</font>
Regarding the 500 bonus miles...
1. Is this a special promo for a limited time?
2. Which airlines give the bonus miles?
I called Gold Points to ask them about that and they said they were not aware of it. Is this posted anywhere on the airlines web page? Thanks for helping me clarify this.</font>