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#519496

MartinJ
Participant

Ian_from_HKG, when redemption rates go up, the miles in my pocket lose in value. That’s what I call devaluation, and it annoys me when the miles that I’ve already earned are being devalued retroactively. Reducing accrual rates is fine as I can factor this into the equation when I decide to buy or not buy particular flights. But when airlines are raising redemption rates, especially at very short or even no notice at all, FFP members are completely at the airlines’ mercy.