Airline miles used to feel like a secret travel weapon. You saved them, watched the award chart and then pounced when the right seat opened up.
Now? You may search for a flight and see a price so ridiculous that it makes you want to close the laptop.
That is exactly why I sat down with David Fleming, a travel rewards consultant known online as The Miles Guy. His job is helping travelers squeeze more value out of airline miles, hotel points and credit card rewards without getting fooled into bad redemptions.
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And here is the big takeaway: airline miles can still be valuable, but the old tricks no longer work the same way.
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Years ago, many airlines used fixed award charts. That made it easier to know what a flight should cost in points. Now, that predictability is mostly gone. “The airlines and their frequent flier programs went to something called dynamic pricing, which basically ties the cost of the ticket to the number of points you use,” Fleming told me during our conversation on the CyberGuy Report podcast.
He gave one eye-popping example. Air France Flying Blue business class from Los Angeles to Paris used to show up for around 67,500 points one way. Now, on some days, that same type of redemption can balloon to an outrageous level. “Some days you’re now seeing them for 700,000 points one way,” Fleming said. “Which is bananas.”
That is the kind of number that should make you pause before clicking “book.” If you want a broader refresher on how travel rewards work, CyberGuy’s guide on how to rack up points and miles for travel is a helpful read at CyberGuy.com.
If you have any wiggle room in your schedule, use it before you spend your miles. “The key really is to book your trip around your flights,” Fleming said. “Find the dates that have the best mileage redemptions available, and book those and let that be your guide.”
That may sound annoying if you already picked your vacation dates. However, shifting by a day or two, or flying from a different airport, can save you a huge number of points.
This approach works best when you are traveling alone or with one other person. It gets harder with kids, school schedules, work calendars and family obligations. Still, even a little flexibility can help. The goal is to stop treating every mileage price as a good deal just because it uses points instead of cash.
One of my best strategies is to book a refundable cash ticket as insurance while watching for mileage seats. Here is how it works. You book a refundable fare, so you know you can get where you need to go. Then you keep checking for award seats. If a better mileage redemption becomes available, you can cancel the refundable ticket and book with points.
Fleming said that strategy still has value, even though it worked better before became so common. “If you book a refundable ticket, you know if something does open up, you always can cancel that refundable ticket, get your money back, and book the mileage ticket,” Fleming said.
There is another version of the same idea. If a good mileage ticket doesn’t appear, you can look for a cheaper, nonrefundable cash fare closer to the trip. Then you cancel the refundable ticket and buy the cheaper fare instead. It takes effort, but it gives you options.
Paid upgrades can be hit-or-miss. Still, Fleming says asking at the counter or gate can sometimes pay off. “You might have to be a little proactive and ask the gate agent or the person at the ticket counter, ‘Hey, do you have any upgrades available? And if yes, how much are they?'” Fleming said.
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