Time to get rid of my miles?
Mar 21, 2020, 5:05 pm
#16
Join Date: Oct 2004
Location: Clinging to the edifices of a decadent past from the biggest city in America nobody really cares about.
Programs: (ಠ_ಠ)
Posts: 9,077
Don't know of any moves right now that make sense with points/miles, and similar to stocks, if you can weather the downturn and not sell/redeem, things will probably get better once we're through this.
Mar 21, 2020, 5:19 pm
#17
Join Date: Mar 2007
Programs: United Mileage Plus Premier
Posts: 781
because of the current mess it looks like we are going to be taking back about 300K mlles from a family trip we have to cancel in the next few months....in addition to $1500 that we will get in an ETC when our May vacation gets canceled... are we having fun yet?
Mar 21, 2020, 5:43 pm
#18
Original Poster
Join Date: Dec 2007
Location: CLE
Programs: UA GS, Marriott Plat, National Executive Elite
Posts: 115
People on the VS forum are talking about how AN customers lost all their miles after the bankruptcy, despite claims on FT that no such thing would happen.
I would not expect any US3 miles to become worthless by next year, but given that they're probably depreciating by at least 10% per annum even during normal times, OP might ask themself why they're sitting on so many miles to begin with.
I would not expect any US3 miles to become worthless by next year, but given that they're probably depreciating by at least 10% per annum even during normal times, OP might ask themself why they're sitting on so many miles to begin with.
Mar 21, 2020, 8:49 pm
#20
Moderator: United Airlines
Join Date: Jun 2007
Location: SFO
Programs: UA Plat 1.995MM, Hyatt Discoverist, Marriott Plat/LT Gold, Hilton Silver, IHG Plat
Posts: 66,827
Not allowed, as IRS does not consider miles as income or an asset but rather as non-taxable rebate which you don't own. The donation is consider to actually be coming from the airline to the charity.
Mar 21, 2020, 10:24 pm
#21
Join Date: Apr 2012
Location: SFO
Programs: AS MVP Gold 75K, UA Gold, Marriott LTT, Avis President's Club
Posts: 1,539
VTFW had an interesting piece that even if UA entered bankruptcy MP would likely be protected since its one of the most profitable areas of the company. I'm not to worried about miles going away.
Mar 21, 2020, 11:27 pm
#22
Join Date: Dec 2010
Location: Indianapolis
Programs: Hilton-Diamond Lifetime Platinum AA UA, WN-CP, SPG Gold.
Posts: 7,377
My wife is Asian, holding close to a million miles, her and her family will use them, back and forth going to college.
UA has the best deals for those routes,
UA has the best deals for those routes,
Mar 25, 2020, 10:23 am
#23
Join Date: Mar 2004
Location: NYC, BLR, LHR, SIN and a few others
Programs: UA 1K 1.01 MM
Posts: 1,245
Tempted to spend 1/3 of them to get a couple of iPads and a faster Mac mini, $0.0008 per mile is a 1/3 less than the last value I saw online of $0.012 per mile. Not a great value but with the constant devaluation and possible risk of loss with no value it might be an OK use.
Mar 25, 2020, 10:55 am
#24
Join Date: Dec 2016
Programs: Mileage Plus 1K \\ ConciergeKey
Posts: 531
Always a good option
Not allowed, as IRS does not consider miles as income or an asset but rather as non-taxable rebate which you don't own. The donation is consider to actually be coming from the airline to the charity.
Not allowed, as IRS does not consider miles as income or an asset but rather as non-taxable rebate which you don't own. The donation is consider to actually be coming from the airline to the charity.
Mar 25, 2020, 12:36 pm
#26
Join Date: Nov 2019
Programs: UA 1K, IHG Spire Ambassador, Hyatt Globalist, Marriott Platinum
Posts: 146
Tempted to spend 1/3 of them to get a couple of iPads and a faster Mac mini, $0.0008 per mile is a 1/3 less than the last value I saw online of $0.012 per mile. Not a great value but with the constant devaluation and possible risk of loss with no value it might be an OK use.
For me, I would consider getting the Jura D6 espresso machine. It’s about $1000 for an automatic machine that grinds, pours the shot, and cleans itself. Hard to justify spending that much cash on a coffee machine but a gift to myself using miles...maybe I can get behind that. Although I think I will end up just using my miles for flights.
Mar 25, 2020, 3:02 pm
#27
FlyerTalk Evangelist
Join Date: May 2008
Location: San Francisco
Programs: GM on VX, UA, AA, HA, AS, SY; Budget Fastbreak
Posts: 27,579
If I had 2M miles, then I would use 1.2M miles on stuff now as long as I could use it in the house. I have roo
for a better coffee machine but not for gym equipment :-)
for a better coffee machine but not for gym equipment :-)
Mar 25, 2020, 3:23 pm
#28
Join Date: Mar 2004
Location: NYC, BLR, LHR, SIN and a few others
Programs: UA 1K 1.01 MM
Posts: 1,245
I would highly recommend the iPad Pro. I have the 11-inch and it is great for planes/boring hotel rooms.
For me, I would consider getting the Jura D6 espresso machine. It’s about $1000 for an automatic machine that grinds, pours the shot, and cleans itself. Hard to justify spending that much cash on a coffee machine but a gift to myself using miles...maybe I can get behind that. Although I think I will end up just using my miles for flights.
For me, I would consider getting the Jura D6 espresso machine. It’s about $1000 for an automatic machine that grinds, pours the shot, and cleans itself. Hard to justify spending that much cash on a coffee machine but a gift to myself using miles...maybe I can get behind that. Although I think I will end up just using my miles for flights.
Apr 7, 2020, 2:04 am
#30
FlyerTalk Evangelist
Join Date: May 2008
Location: San Francisco
Programs: GM on VX, UA, AA, HA, AS, SY; Budget Fastbreak
Posts: 27,579
I use my iPad2 from 2011 for some video games, iTunes video watching, and safari browser to watch YouTube since the YT app needs an update that the iPad can’t get.
I should check on what my 200k miles can get because it’s 75k one way one pax for a F flight Sfo/ORD, about $500 for 75000 miles. I have zero other real destinations in mind and definitely nowhere for months.
I should check on what my 200k miles can get because it’s 75k one way one pax for a F flight Sfo/ORD, about $500 for 75000 miles. I have zero other real destinations in mind and definitely nowhere for months.