If you’ve been thinking of using your airline reward miles to combat the rising cost of flights, you might get less bang for your loyalty buck this summer.
Even prior to the war in Iran, it’s been harder to book a flight with points. Most major airlines have cut out award charts in favor of dynamic pricing, meaning algorithms continuously adjust rewards based on supply and demand.
Here’s how to get rich from rising US property values with as little as $100 — and without the stress of angry tenants
Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’
Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. Here’s where their money is going
The result is that dynamic pricing tends to devalue points, requiring higher balances for redemptions. In other words, your points aren’t worth as much as they used to be.
As far back as 2024, the U.S. Department of Transportation launched an inquiry (1) into the rewards programs at major airlines, including American Airlines, Delta Air Lines, Southwest Airlines and United Airlines, over concerns about dynamic pricing and reward devaluation.
“There’s no question that dynamic award pricing, higher redemption rates on some domestic routes and added fees have made it harder to find the outsized deals that travelers enjoyed a decade ago,” Brian Kelly, also known as The Points Guy — a travel and credit card rewards expert — told The Associated Press (2).
Link: https://ca.finance.yahoo.com/news/airlines-sucking-value-reward-miles-103000033.html