[cwoodward]

From Amex – After 4th October, transferring American Express Membership Rewards points to the Singapore Airlines KrisFlyer and Emirates Skywards programs will drop from the current rate of 2:1 to 3:1 – a 33% devaluation.

It appears that 3 Membership Rewards points will then be required to get 1 KrisFlyer Mile or 1 Skywards Mile, rather than today’s lower rate of 2 Membership Rewards points per 1 KrisFlyer or Skywards Mile.
From what I read today the revised rates apply across the American Express card portfolio. There seems to be no immediate explanation for the devaluation.

[CathayLoyalist2]

Is this a forerunner to devalue across all airline programmnes. Having turned 70 a few years back I no longer get medical insurance as a benefit, not travelling as much so now questioning whether an Amex card is worth the exhorbitant annual charge

[cwoodward]

It seems that Amex have upped the value of points on some other airlines CL2.
It seems that the rate on CX Asian Miles is now 1to1 however I am not sure if this is a recent change.

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CathayLoyalist2

[AndrewinHK]

Seems Cathay is doing the same with its rewards charts being ‘revised’. From October 1st Long haul J (5001-7500 miles) redemptions will change from 75,000 miles to 84,000 or ultra long haul (7501+ miles) now 110,000 miles to redeem a seat. First class redemptions increase by 25% to 125,000 for a one way between Hong Kong and LHR.

[cwoodward]

Perhaps aa trifle misleading AHK as tickets on arguably the most popular long-haul routes (London New York Paris etc) have actually REDUCED by 10% points required in economy and many other routes including to Singapore points required are unchanged in all classes.

[Author]

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