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View Poll Results: No longer transfer Chase UR→UA @ 1:1 ratio (or at all)? What to do? What to do?
[NO] UA Card, [NO] Ultimate Rewards Card → [NO CHANGE] I still don't want any UA/UR Chase product
7.94%
[✓] UA Card, [NO] Ultimate Rewards Card → [NO CHANGE] I keep my UA card and [DO NOT] carry UR card.
9.35%
[✓] UA Card, [NO] Ultimate Rewards Card → [I KEEP] my UA card(s) and [ADD] UR Chase card(s).
3.74%
[✓] UA Card, [NO] Ultimate Rewards Card → [I CLOSE] Chase UA card and [DO NOT WANT] a UR Chase card.
1.87%
[NO] UA Card, [✓] Ultimate Rewards Card → [NO CHANGE] I dont carry a UA card and I [KEEP] my UR card
26.17%
[NO] UA Card, [✓] Ultimate Rewards Card → I [ADD] a UA card and I [CLOSE] my UR card.
0
0%
[NO] UA Card, [✓] Ultimate Rewards Card → I [ADD] a UA card and I [KEEP] my UR card.
0.93%
[✓] UA Card, [✓] Ultimate Rewards Card → [NO CHANGE], I keep [BOTH] my UA and UR Chase cards.
24.77%
[✓] UA Card, [✓] Ultimate Rewards Card → I [KEEP] my UA card(s) and [CLOSE] my UR card(s).
2.34%
[✓] UA Card, [✓] Ultimate Rewards Card → I [CLOSE] my UA card(s) and [KEEP] my UR card(s).
22.90%
Voters: 214. You may not vote on this poll

United pushes JPM on Sapphire Reserve

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Old Jul 8, 2019, 8:24 pm
  #316  
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Originally Posted by GUWonder
Whether a customer hoards all the miles all these years or spent down most of those millions of miles much like kb1992 and I, the current reality is still what it is: collecting UA miles is no longer worth what it used to be, all because of UA’s own-goal with UA’s unilateral devaluation of UA miles.




AA miles and DL miles have, for years now, been actually worse value in my experience than UA miles. While AA and DL may have had different strengths when they were negotiating for their respective current contracts with their bank-card issuing partners, I can only foresee the other US airlines eventually facing the same reality as UA in facing growing competition from banks’ own loyalty programs unless and until the bank card use fees for merchants plummet in the US. But the plummeting card-use-related costs from growing competition in the payment services business will blow away not only the competition from banks’ loyalty programs, it will also blow away the “need” for complaints such as UA’s to Chase about airline affinity bank cards’ performance.
You have to wonder what they're smoking to think that Chase would want to pony up more cash for a points that are losing value by the day. If anything, chase should get a deeper discount moving forward.
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Old Jul 8, 2019, 10:14 pm
  #317  
 
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Sigh, ok. In 2008 I took my mom on an incredible first class trip using UA miles to Europe and several destinations in Asia. We flew LH/SQ/UA. I was sure that trip would be my swan song and the game would be over shortly after. It wasn’t.

Since then things have changed a lot, and my response has been to diversify my points earning and redemption. I’ve certainly focused more on accumulating transferable currencies, but I also still earn miles with the airlines. I didn’t stay static.

I use points for upgrades (DL SM on VS PE -> VS UC), to reduce the cost of tickets (UR on expensive holiday flights), full on business and first class awards (AMEX MR via Aeroplan LH F, AS MP for EK F and AA J, and DL SM for DL low J transatlantic award ) and so on so forth.

I get dynamic pricing will have an impact. I also get that it could be perceived as more difficult as things change. Personally, I’m going to wait and see. Points and miles are revenue generators for banks and airlines. At the end of the day they will have to figure out how to keep consumer interest in the product. We see this playing out at UA right now.

Things change, but I can’t get on the sky is falling bandwagon because according to FT it’s been falling since the day I signed up in 2003. I’d rather have a hoard of miles across accounts than zero balances because I’m upset or can’t find a certain redemption.

Now, this is my perspective and everyone on this board is looking at this issue through a different lens, but I’m happy enough with all the opportunities the mile game has, and continues to offer. Even with the ever constant evolving landscape.
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Old Jul 8, 2019, 11:08 pm
  #318  
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Originally Posted by FlyingHighlander
I'm curious - why did you hoard the miles over so many years?
In my case, I've already spent over half the miles I earned over the last 20 years on front cabin upgrades. I'm retiring soon, and was saving the remainder for one last long haul vacation in F. Now, I'm going to burn them as fast as I can before I retire.
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Old Jul 9, 2019, 12:24 am
  #319  
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Originally Posted by anc-ord772
I’d rather have a hoard of miles across accounts than zero balances because I’m upset or can’t find a certain redemption.
I’d rather have a hoard of cash that I can use to buy tickets. The US Dollar is rapidly appreciating against all airline currencies, and it’s a little easier to invest it.

This isn’t a question about being upset. It’s a question of whether or not you’re going to be able to get outsized value from frequent flyer miles — in this case, MileagePlus miles — as compared to any other form of rebate. Under a fixed earning chart, at least you had the ability to make an informed decision about that: “If I can find LH F, it’s X miles for the flight I want, versus $Y if I buy it” Without a chart, the best you can do is to get an idea of the current “exchange rate” and hope it doesn’t change too quickly.

It is increasingly fiscally irrational to maintain large balances in frequent flyer programs, and doubly so to channel credit card spending into frequent flyer miles. (With miles earned from flying, it’s not like UA would write you a check if you prefer.
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Old Jul 9, 2019, 3:07 am
  #320  
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Originally Posted by entropy
You have to wonder what they're smoking to think that Chase would want to pony up more cash for a points that are losing value by the day. If anything, chase should get a deeper discount moving forward.
UA management’s current-year program for a substantial increase in the cost of using UA miles for UA flights in particular are going to drive home that message even more. UA’s funny money is worth less and less, and customers don’t care to consume UA’s funny stuff like they used to do.
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Old Jul 9, 2019, 4:13 am
  #321  
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Originally Posted by FlyingHighlander
I'm curious - why did you hoard the miles over so many years?
Not really.

For past 15 years, I earned 4 million miles via MP Signature Visa, and 2 million miles via flying.

My family travel worldwide, and I always redeem for international F/J. Never in coach.

I have redeemed more than 3 million miles on UA/NH/OZ/LH/LX/SG/CA/TG, roughly 20 round-trip tickets abroad at saver level.

I still have more than 2 million UA miles. Now I am worried about this dynamic pricing.

With 300K one-way J award coming, my 2 million miles can only buy 4 round-trip tickets in J.

This means, one trip to Asia for my family would wipe out my account balance.
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Old Jul 9, 2019, 5:26 am
  #322  
 
Join Date: Dec 2009
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Originally Posted by kb1992
Not really.

For past 15 years, I earned 4 million miles via MP Signature Visa, and 2 million miles via flying.

My family travel worldwide, and I always redeem for international F/J. Never in coach.

I have redeemed more than 3 million miles on UA/NH/OZ/LH/LX/SG/CA/TG, roughly 20 round-trip tickets abroad at saver level.

I still have more than 2 million UA miles. Now I am worried about this dynamic pricing.

With 300K one-way J award coming, my 2 million miles can only buy 4 round-trip tickets in J.

This means, one trip to Asia for my family would wipe out my account balance.
While the sky is falling with UA awards, is there still hope (currently) to achieve outsized value with star alliance partner awards?

Going a little off topic I know, but popular consensus here seems to be that partner rewards will also go dynamic. However, is there any foundation to that speculation? Is there any precedent with other alliances doing this?
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Old Jul 9, 2019, 5:50 am
  #323  
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Originally Posted by FlyingHighlander
While the sky is falling with UA awards, is there still hope (currently) to achieve outsized value with star alliance partner awards?

Going a little off topic I know, but popular consensus here seems to be that partner rewards will also go dynamic. However, is there any foundation to that speculation? Is there any precedent with other alliances doing this?
If you are willing to be flexible, LH sometimes releases F close in awards that cost 110K pp each way
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Old Jul 9, 2019, 11:14 pm
  #324  
 
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Originally Posted by FlyingHighlander
While the sky is falling with UA awards, is there still hope (currently) to achieve outsized value with star alliance partner awards?

Going a little off topic I know, but popular consensus here seems to be that partner rewards will also go dynamic. However, is there any foundation to that speculation? Is there any precedent with other alliances doing this?
I suppose UA will follow DL on partner awards. I'm not following DL's current rules on partner awards. Are they also based on dynamic pricing?
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Old Jul 10, 2019, 1:17 pm
  #325  
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Originally Posted by FlyingHighlander
While the sky is falling with UA awards, is there still hope (currently) to achieve outsized value with star alliance partner awards?

Going a little off topic I know, but popular consensus here seems to be that partner rewards will also go dynamic. However, is there any foundation to that speculation? Is there any precedent with other alliances doing this?
There is precedent at UA, try a search for *A blocking. Basically very few if any awards were made available on partners as UA did not want to have to pay partners for those seats. It would not be difficult for UA to implement *A blocking again, but I think the more likely scenario is that they just double the price for such awards if it is too difficult to implement dynamic pricing.

At this point the window to book great *A awards is still open, and I would not call it a "clear and present danger" but more a reasonable prediction that will be implemented within the next 3 years.
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Old Jul 10, 2019, 2:38 pm
  #326  
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Originally Posted by Boraxo
There is precedent at UA, try a search for *A blocking. Basically very few if any awards were made available on partners as UA did not want to have to pay partners for those seats. It would not be difficult for UA to implement *A blocking again, but I think the more likely scenario is that they just double the price for such awards if it is too difficult to implement dynamic pricing.

At this point the window to book great *A awards is still open, and I would not call it a "clear and present danger" but more a reasonable prediction that will be implemented within the next 3 years.
of course back then UA offered premium cabin saver awards on their own metal, which isn't the case today.
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Old Jul 11, 2019, 10:49 am
  #327  
 
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Delta announced today that spend on its cards was up double digits in the quarter. Some of that may have been signup activity, but spend seems to be pretty high on those cards and growing. Delta also lets you redeem Skymiles for things like upgrades, so maybe this is encouraging more spend on the cards.
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Old Jul 11, 2019, 11:29 pm
  #328  
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Originally Posted by Adelphos
Delta announced today that spend on its cards was up double digits in the quarter.
Fools are born every day.
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Old Jul 12, 2019, 7:55 am
  #329  
 
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Originally Posted by Boraxo


Fools are born every day.
Plenty of smart people over on the Delta forum put $60K or more on their Delta Reserve cards. The point is that UA could design a card product that is valuable for spend even with its devalued program, if it wanted to.
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Old Jul 12, 2019, 5:47 pm
  #330  
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Originally Posted by Adelphos
Plenty of smart people over on the Delta forum put $60K or more on their Delta Reserve cards. The point is that UA could design a card product that is valuable for spend even with its devalued program, if it wanted to.
Aside from EQD and EQM (neither of which I need) why would anyone put $60k on an airline charge card? Assuming a non-bonus spend category, that's the equivalent of at least 60k Chase, Amex and Citi points, which can be transferred to dozens of airline programs - many that have better saver award inventory than DL. Or $1200 on a 2% cash back card.

Of course UA could work with Chase to design a better product. But it's obvious from the WSJ story that UA management has no desire to do so but instead would rather hammer its partners for better business terms. You reap what you sow.
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