Should you put all your miles in one program?
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Gary Leff slams Peter Greenberg’s frequent-flyer advice, but is Gary’s advice any better for the common traveler?
Gary argues that Peter’s restatement of the conventional wisdom — that cashing in frequent flyer miles is getting harder, if not impossible — is wrong.
And yet I’ve never failed to redeem for the award I’ve wanted, as I’ve mentioned here several times. In the next 10 weeks I have first class award bookings to South Asia, business class award bookings to Europe, and a domestic award as well. All on the dates I needed.
But I’ve accumulated miles in a variety of accounts, if United doesn’t have availability I can check to see what American (or British Airways) has to offer.
Good for Gary, but let’s face it, not everyone has the luxury (or curse?) of multiple accounts with 6-digit mileage balances.
It’s like saying, “Well, my checking account at Citibank was tapped out, so I just paid for my bills, a vacation, and a new house with the interest I earned in my WaMu account.” It’s easy to be glib when you’re a multi-millionaire.
Most people don’t have that luxury. So Gary’s argument, while factually accurate, is not applicable to most travelers. Certainly not most leisure travelers. And, I’d argue, it’s unlikely to work for many business travelers either, whose loyalties (and corporate travel policies) make accumulation in one program more probable.
There IS potentially one way to follow Gary’s advice without getting a sore butt-bone from flying on dozens of different airlines. My weapon of choice: The Starwood Preferred Guest Program and the Starwood Preferred Guest American Express card. You can collect points in the Starwood program, and when the need arises, you can transfer miles to a laundry list of airlines, with no devaluation. (Caveat: Some airlines don’t participate, and some, like United, only accept transfers at a 50% haircut. Stick to the programs that take full-value transfers.)



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