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Points devalued again: 70 pts/$ becomes 72 pts/$

Points devalued again: 70 pts/$ becomes 72 pts/$

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Old Apr 28, 16, 6:59 am
  #1  
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Points devalued again: 70 pts/$ becomes 72 pts/$

I noticed on some of my award shopping that that lowest multiplier is now the fare X 72, and not 70 like it used to be. Some routes that went down in cash fare have gone up in points price. I think this happened in the past few days

Has anyone else noticed this?
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Old Apr 28, 16, 7:27 am
  #2  
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Was announced it can be between 70-80 and can vary. So maybe that.

Have not looked myself lately.
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Old Apr 28, 16, 7:29 am
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Originally Posted by toomanybooks View Post
Was announced it can be between 70-80 and can vary. So maybe that.

Have not looked myself lately.
Yes, it's variable, but I don't think 70X exists anymore. I think 72X is now the new starting point.
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Old Apr 28, 16, 7:39 am
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I just checked 3 different city pairs that I'm sure were not heavily booked and had multiple flights per day and every one was 72 points.

It would appear that you are correct that 72 is the new 70.
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Old Apr 28, 16, 8:01 am
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Originally Posted by ScroogeMcFlyer View Post
Yes, it's variable, but I don't think 70X exists anymore. I think 72X is now the new starting point.
Thanks for the info. I will do some checking also.

If true, this is yet another crap move by WN to do it unannounced. Getting closer to the point where we should just cash in for tax-free Amazon (or even WN) gift cards at a penny.

Once the for-sure tipping point happens (80? 85?), I would not want to hold WN stock. Could be an enormous hit to earnings as millions of people do the math.

Clues in the most recent 10-k. There will be some major accounting changes no later than December 2017.

Last edited by toomanybooks; Apr 28, 16 at 8:07 am
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Old Apr 28, 16, 8:05 am
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Originally Posted by toomanybooks View Post
If true, this is yet another crap move by WN to do it unannounced.
The transFAREncy!
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Old Apr 28, 16, 9:01 am
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Wasn't this part of the devalued system implemented a year ago? That points could vary in value, depending on route, time of year, etc.?

Another thread from over a year ago:
http://www.flyertalk.com/forum/south...17-2015-a.html

With a link to this:
https://www.southwest.com/html/rapid...am-update.html

Last edited by NextTrip; Apr 28, 16 at 9:16 am
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Old Apr 28, 16, 9:27 am
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I'm noticing this too...on the 2 or 3 flights I check regularly. It's a very small subtle change but if it ends up being across the board the new starting point it makes for a 3% loss.
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Old Apr 28, 16, 9:40 am
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Originally Posted by lougord99 View Post
It would appear that you are correct that 72 is the new 70.
Bingo.

Another huge disappointment.

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Old Apr 28, 16, 9:53 am
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Originally Posted by NextTrip View Post
Wasn't this part of the devalued system implemented a year ago? That points could vary in value, depending on route, time of year, etc.
Yes it is. The changes didn't seem so drastic at first. But with the language used, they can continue to devalue the rewards program little by little without future announcements.

Brilliant strategy for Southwest.

Last edited by Critterlynn; Apr 28, 16 at 9:59 am
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Old Apr 28, 16, 10:01 am
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Before the revenue based program, it was a 8 flights = 1 free
Then they changed it to 10:1 (earn 6 points/$, redeem 60 points/$)
Now its a minimum of 12:1 (earn 6 points/$, redeem 72 points/$)
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Old Apr 28, 16, 10:19 am
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If 72 is the new 70, then is 82 the new 80?
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Old Apr 28, 16, 10:37 am
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Originally Posted by ScroogeMcFlyer View Post
Before the revenue based program, it was a 8 flights = 1 free
It is even worse than that. Under 1.0 you could take 8 x $29 one-ways (I even recall $19 on occasion) and get a free $200+ flight. And there were triple credit offers.

And I think there may have been no blackouts at one time.
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Old Apr 28, 16, 12:17 pm
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Originally Posted by toomanybooks View Post
...And I think there may have been no blackouts at one time.
I know when I first started flying on awards, there were no blackout dates, but were limited seats. That was only in the early 2000s. Could have been different earlier.
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Old Apr 28, 16, 1:05 pm
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IIRC until about 2003, there were a tiny number of blackout dates (5-6?) but no capacity controls. I got on board March 1999.
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