canyonwalker: Planes, Trains, and Automobiles. Travel! (planes trains and automobiles)
[personal profile] canyonwalker
Around every New Year I take stock of my balances in various frequent traveler points programs, both to see how well I've done in accumulating & using miles as well as to set goals for the coming 12 months. One thing that's different recently is now all the airlines I fly with and the hotels I stay with are doing it, too. They've been emailing me "Your Year in Travel" summaries. If nothing else it's fun comparing my records to theirs to double-check my accuracy— and theirs.

As I go through these balances you'll see that I refer to having a big balance as bad and having a smaller one, especially spending to get down to a smaller one, as good. That may seem contrary to common wisdom; isn't earning and saving a good thing? Sure, earning points is good, but their value doesn't come until they're redeemed. And that's where the rub lies. Loyalty points only ever lose value.

Points lose value because airlines and hotels devalue the redemption rates every few years. Saving them up for too many years hoping to take "the trip of a lifetime" is a mistake. By the time that opportunity comes years later you'll find that the points price has increased 2x, 3x, or more versus what it was when you started saving. The bigger the points balance you carry, the bigger the loss. Thus the more you have the more important it is to have a plan for how to spend them, soon.

I'll split airlines and hotels into two posts to cover a few of each. Here's where I landed in the various airline programs at the end of 2024:

⬆️ Southwest Airlines: Earn and Burn (Needs More Burn)

Southwest AirlinesSouthwest continues to be the airline I'm most engaged with. I was a tad less busy with Southwest in 2024 than the year before. I flew 26 segments with them vs. 2023's 31. That made it more of an effort to renew both A-List Preferred and Companion Pass elite status. But I focused on it. I not only had a plan, I had a spreadsheet. And because of that spreadsheet I was able to make mid-year changes to my plan. I requalified for Companion Pass in October and clinched A+ elite status just a few weeks ago, getting over the finish line late in the year thanks to my planning and replanning.

The flip side of pushing hard to re-earn status in a year with less travel on the airline is that most of my travel was on cash— which earns points— when my goal for the year had been to spend more points. I redeemed a tidy 121,000 points this year on Southwest flights... but I earned 241,000. That boosted my already-high Rapid Rewards point balance over 568,000— even more than the nearly 450k I held a year ago.

A lot of people would celebrate, "Woohoo! I have over half a million points!" I don't celebrate it because— as I explained above— carrying a big balance is a bad thing. Points only ever devalue so it's a poor idea to keep them banked for too long intending to use them later. For 2024 my goal was to burn faster than I earned. Well, I earned too much and didn't burn enough. Thus "Burn more than I earn" is my goal again for 2025.

⬇️ United Airlines: Redeeming Points, Again!

United AirlinesIt's been another good year with United— good, because I used my miles! After sitting on a pile of 450k at the end of 2022 I worked it down to 280k by the end of 2023. Now I've further spent it down to only 62,500. "Only"! Years ago that would have been plenty for 2 round-trip domestic tickets in coach; today it would barely get me one-way to New York on an expensive week. That's an example of how badly points have been devalued over time and why I strive to spend them on good redemptions sooner rather than later.

Status-wise I maintain Premier Gold with United, a benefit of reaching Million Miler lifetime status years ago. What's the value of that status? Plenty, actually. First, I can reserve a seat in Economy Plus at booking. Those seats with extra legroom are a valuable perk that make flying actually bearable. It's worth at least a few tens of dollars per flight. That's what UA and other airlines charge to reserve comparable seats without sufficient elite status. Then there's free checked bags. I used that several times. Then there's lounge access when traveling internationally. We visited lounges 3 times on our trip to New Zealand in April and 3 more times on our Panama trip in December. Oh, and my designated partner gets all these Premier Gold benefits, too, since I'm a Million Miler.

Upgrades? Yes, those are a benefit, but as a lowly Gold it's rare I get one. Hawk and I did both score upgrades on our flight to Alaska in June as well as on the Houston-San Jose leg home from Panama. Those were definitely appreciated, just not gonzo like that monster upgrade we scored coming home from Australia in December 2023. But still, for as little as I fly United anymore— not enough to earn status annually anymore— I certainly appreciate the lifetime status from my blood, sweat, and tears of the past.

⬆️ American Airlines: The Mountain Beneath Me Grows, Again

American AirlinesI've had a crazy big balance with AA for years now. And this year I did nothing but build it higher. What's "crazy big"? If you thought my half million with Southwest was wild, try this on for size: I have nearly 900,000 AA points..

What makes this big balance even crazier is that I rarely even fly AA. I flew them once— one flight, not even one round trip— in 2023 and zero in 2024. Virtually all those miles come from churning their credit cards. See also, What's In YOUR Wallet?

My plan with AA in 2025 is the same as it has been for years now: find good ways to spend all those points!

↔️ Delta: 15k and Not Even Trying

Delta AirlinesRounding out the list here is Delta Airlines. As little I flew AA in 2023, I flew Delta even less. I flew zero on Delta. And I retain a pile of points with them— though it's a waaaay smaller pile than with AA. It's not a mountain but a molehill. My balance of Delta Skymiles is a mere 15k.

My plan with Delta in 2025 is also the same as it has been for several years new. I will keep ignoring Delta until their flights and offerings seem relevant to me again. Meanwhile, my paltry 15k miles never expire. Though by the time I grow them into something useful that 15k might only be enough to buy a sandwich in-flight.

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canyonwalker

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