Introduction

Typically I let the affiliate sites talk about how to do basic things like booking hotel rooms with points; after all those 14 credit card links don’t display themselves. Unfortunately though, the usual circles and arrows crowd have been derelict on the Accor front because (a) I don’t think most of them actually travel outside of the US and stay in non US hotel chains, (b) Accor ALL is somewhat non-trivial, and (c) something something affiliate revenue reasons. If you search google for “booking Accor with points”, you’ll find plenty of confused people too:

The responses to posts like the above are mostly useless too, again because (b) Accor ALL is somewhat non-trivial.

The Basics

Accor Hotels is basically like the European version of Marriott, but with lots more value and generally cleaner, nicer rooms. They also don’t loathe their customers which is a plus. Accor ALL points are worth a fixed 2 eurocents each, which is about 2.1 US cents with current exchange rates. With that out of the way, here’s what you need to know:

  • All points redemptions are in increments of 2,000 (€40)
  • Point redemption costs are exactly tied to the price of the room
  • You can use points for part or for all of your stay
  • The app and website won’t let you see points redemption options unless you already have at least 2,000 points in your account
  • Point redemptions work for room charges too
  • You can redeem with points during booking, during your stay, or during checkout
  • The front desk can do redemptions over the phone or in person with your ALL number
  • You can only pay with points online if there’s a prepaid rate available

Accor’s app and website often stop taking prepaid reservations in the last week of booking, but will still accept bookings that are paid at the hotel. When that happens, just reserve the cash rate and pay with points at the front desk during your stay. It’ll work out, it’s easy.

Getting Accor Points

Capital One miles and Citi ThankYou Points transfer to Accor ALL at a 2:1 ratio, and Bilt Rewards transfer at a 3:2 ratio. Citi occasionally has a 50% transfer bonus too, which is one of the few speculative transfer bonuses I take.

Good luck, and have a nice weekend!

Or there’s always the European Marriott experience if you don’t want to learn Accor.

The American Express Platinum and Business Platinum cards (side note: Am I supposed to ™/® those 14 times? everyone else does) famously have $200™ annual incidental airline credits®. There’s no trophy for being the first data point on what works for gaming the credits, so often waiting a few weeks to learn what works is the right play. As an aside, here’s what that looks like in 2025:

  • United: Buy TravelBank credit directly. It expires in five years and can be used to pay for United flights. You can usually sell this for 85%+ too, and with a little trickery you can turn them into flexible credits good for other people and on other airlines  [more info]
  • Delta: Buy airfare and pay partially with a gift card or travel credit, pay for the remainder with your card (don’t go over the incidental credit amount though). Alternatively if you have a co-branded American Express Delta card and are eligible for Pay with Miles™, pay partially with miles and the remainder will be credited™ [more info]
  • Alaska: Buy a seat upgrade after booking (*cough* but call it a seat selection fee®) or buy a flight paid partially with Alaska wallet funds and partially with your AmEx (less than $100), then refund to your wallet after 24 hours [more info]
  • Southwest: Buy a flight less than $109, or book an international flight with taxes under $109 per ticket, then refund to a travel credit. Combine with Wanna Get Away+ to get around name-locking  [more info]
  • American: Buy cheap airfare, then change it to a flight that you really want that costs more and pay with your credit card (don’t go over the credit amount though). If you want to gamble, you’ve got roughly even odds that award taxes and fees will count [more info]
  • JetBlue: Buy a flight less than $137 then cancel the flight after 24 hours and refund to your JetBlue wallet. Side note, whomever figured out that $137+ wouldn’t work but < $137 would is my hero [more info]
  • Spirit: Buying a Big Front Seat upgrade works, and airfare below approximately $60 also works [more info]

We’ve buried the lede though, January is special with American Express because you can change your selected airline once online this month only, even if you’ve already received your incidental credit on a different airline. You’ve got five days left to do that, don’t dally!

Happy Monday!™

Adventures in learning how to bury the lede.

Yesterday’s Change

Yesterday, AirFrance and KLM’s FlyingBlue program devalued its low level awards (again). Long haul prices on KLM or AirFrance:

  • Economy: 25,000 miles each way, up from 20,000 miles
  • Premium economy: 40,000 miles each way, up from 35,000 miles
  • Business: 60,000 miles each way, up from 50,000 miles
  • La Premiere: 165,000 miles each way, up from 150,000 miles

Partner award prices went up somewhat too. The change was intentional, and in theory will also bring increased award availability on first party metal.

Devaluations Will Happen

Unfortunately, devaluations will continue over time in all programs because:

  • Inflation in consumer prices means more points earned for buying the same things with a credit card
  • Inflation in hotel and airfare prices means more points are awarded for revenue bookings
  • For airlines, CASM inflates over time, and providing an award seat costs more over time
  • For hotels, CPOR inflates over time, so providing free nights costs more over time
  • Decreasing the value of issued points lowers liabilities on a company’s balance sheet

The only way devaluations won’t happen is with regulation, but (a) that’s unlikely to come, and (b) would just cause a different type of devaluation, such as no award space released.

Protecting Yourself

To effectively shield yourself from devaluations to the extent that such a thing is possible:

  • Book awards as early as possible: Points on average are worth more now than they will be in the future, so lock in current pricing when you can
  • Book speculative awards with spare points: As long as a program offers free cancelations, you can lock in current pricing and cancel if the trip won’t work out (or if a lower price comes along)
  • Don’t save more points than you can reasonably burn in the next n months: Saving points that will decrease in value probably isn’t fiscally sound, just like eating a tub of lard probably isn’t nutritionally sound. Ok, but what value should you use for n? It’s hard to say, but I think the half-life of devaluations is around 24 months with some medium variance
  • (A corollary to the prior item) Cash out excess points, especially those you can’t burn in the next n months: Cashed out points turn into cash, which: earns interest, can be invested, and can be used to buy more miles if you cashed out too many. It turns out, money is fungible

Good luck out there!

Next time on Tuesday Wisdom: Elmo’s airplane explains RASM.

EDITOR’S NOTE: No, it wasn’t anything to do with daylight savings time, it was the AM/PM thing with yesterday’s post. You can find it here if you never saw it once fixed. Actually, you can find it there whether or not you saw it once fixed.

  1. The Chase Hyatt cards have increased bonuses through March 6:

    – Personal: 35,000 points with $3,000 spend in three months plus 2x points on unbounded spend for six months, up to $15,000 spend
    – Business: 60,000 points after $5,000 spend in three months, and a Category 1-4 free night certificate after $15,000 spend in six months

    Both of these have some utility, but the business one is a clear winner if you can make use of a Category 1-4. I can always make use of them, but that doesn’t mean they’re not annoying.
  2. On Wednesday we discussed Choice Hotel devalued redemptions, and apparently that was an oopsie on Choice’s part, much like when Bilt accidentally sent shutdown letters to many of its cardholders that weren’t shut down.

    Prices were supposed to revert to normal yesterday, but some European and Asian properties have redemptions with half the regular points needed, so I guess we discovered the mythical loyalty program de-devaluation and ended up better than we were before. This is probably an accident to though, which (accidentally) seems to be Choice’s 2025 modus operandi.
  3. Giant Food, Stop & Shop, and Giant/Martins stores have 2x points on Vanilla Visa gift cards through Thursday, limit $1,500 – $2,000 per account depending on the chain. (Thanks to RabbMD)
  4. Wells Fargo has a $2,500 bonus for opening or upgrading to a Premier Checking account and bringing $250,000 in new assets within 45 days through February 25. Investment accounts and IRAs count, so you can ACATS transfer funds from another brokerage into a Wells Fargo investment account without a taxable event.

    Coincidentally, $250,000 in linked accounts is what you need to avoid monthly service fees too. (Thanks to DoC)

Have a nice weekend, and watch for tomorrow’s guest post!

Even Choice Hotel plumbers accidentally did their work.

  1. Do this now: Check for spending bonuses on your Chase Ultimate Rewards earning cards. I’d check each card in a new private browser tab to avoid error messages after one or two cards. We’ve seen:

    – 10,000 points on $400+ or $500+ in flights, rental cards, cruises, or activities
    – 20,000 points on $500+ in hotels

    These require booking through the Chase portal.
  2. Alaska has a fare sale on flights booked today for travel between January 28 and March 19:

    – Short haul: 4,000 miles
    – West coast to and from Hawaii: 7,500 miles
    – Long haul: 10,000 miles

    I usually call these the best sales that no-one talks about, but for some reason people are talking about it this time. Success! 🎉 (Thanks to FM)
  3. Breeze also has sale for 40% off of base fares on flights booked by tomorrow night for travel between January 14 and September 2 with promo code LOCKIN.

    It’s been awhile since we’ve played Breeze route bingo, but we can fix that today. Today’s Breeze bingo route is: Scranton-Fort Meyers! Congrats to today’s bingo winners.
  4. American Express offers has an offer for $100 off of $500+ or $200 off of $1,000+ in Delta Airlines airfare through March 31. Gamers gonna game, and the easiest of all of the games is to book a non-basic economy flight, wait 24 hours, then refund to a travel credit for future use. More complex games may yield better results.
  5. Korean Air first class award space is now available and has been since at least January 3 for the first time since 2020, and I missed it when talking about airline mergers on Monday. First class awards are 80,000 SkyPass miles each way from the US to Asia, so this could be the reason you need to transfer miles from Marriott Bonvoy to Asiana in anticipation of Asiana Club miles converting to Korean SkyPass miles this Summer.

January 2025 Breeze Airways Bingo prize: This paper airplane

There are a couple of interesting airline mergers that were approved in late 2024:

Both are potentially even more interesting than watching a stampede of turtles overrun a Wendy’s drive through.

Lufthansa and ITA

Lufthansa has already said that ITA’s Volare frequent flyer program will be merged into Miles & More, and elite status will transfer too. I expect that by Q3 the frequent flyer programs will integrate, though that’s not set in stone. When the integration happens it means:

  • If you status match to ITA, it’ll probably turn into foreign Star Alliance status (UPDATE: The status match seems dead)
  • ITA Volare miles will probably turn into Miles & More miles

Foreign Star Alliance Gold status will get you access to the United Club when flying United domestically, free-checked bags, priority boarding, and a few lesser benefits.

ITA Volare is an interesting program because partner earning is based on class of service and mileage flown, not on ticket price. That means with really cheap Delta or Aeromexico tickets, you can mileage run way your way into Lufthansa Miles & More miles which can be used to redeem for Swiss Air First Class; the trad mileage run, it turns out, isn’t dead yet.

Korean and Asiana

Asiana never really recovered from COVID-era cutbacks, and its reputation was already suffering after the crash of Asiana 214 even before COVID. Facing Asiana’s bankruptcy, the Korean government approved a merger and EU regulators did in November too, leading to the deal closing last month. You’ve heard what this means before in another song:

  • If you have elite status Asiana, it’ll probably turn into foreign SkyTeam status this year
  • Asiana Club miles will likely be absorbed into the Korean SkyPass mileage program this year

Asiana doesn’t status match, so if you don’t already have status there I can’t help you much. But, turning Asiana Club miles into Korean SkyPass miles is really interesting, because:

  • Korean SkyPass doesn’t have major bank or hotel transfer partners
  • Marriott Bonvoy can transfer to Asiana Club miles at a 3:1 ratio (or even better in increments of 60,000 Bonvoy points)
  • Korean SkyPass members can standby for mileage upgrades to International First
  • Korean’s Business class award chart is extremely reasonable for off-peak awards

Keep your eyes open for Bonvoy transfer bonuses, there’s opportunity here in 2025.

Happy Monday friends!

Next time: McGold status arbitrage for fun and profit.

Introduction

It’s time for MEAB’s annual New Year tradition! Before we jump in to the regular short-form blog posts that litter the ground like glitter in a stadium after a Taylor Swift concert: A recap of travel hacking and manufactured spend in the last year with the most sophisticated, Shakespearean, high-brow form of story telling known to the modern world (checks notes, furrows brow): Animated GIFs.

Previous versions of the New Years special:

The GIFening

Is it “GIF” with a hard G like “girl”, or with a soft G like “jiffy”? Obviously there’s a right answer, anyhoodles, let’s dive in with the intensity of the Spirit airlines stock price dive in November.


We started out January 2024 wishing for a Technotronic inspired aircraft livery at KLM, which frankly set the stage for 2024 in so many ways; 2024 was poised to be the best year yet, and Technotronic was bound to break the top 40 again.


Reality came fast and dashed our dreams though, with American Express telling us in January that 40 products would be retooled in the coming year, and that Technotronic hadn’t done anything new for over 15 years.


United raised the cost of Lufthansa First and ANA First redemptions, the latter doubling in price. That’s ok though, we can just fly business class, right?


Then we tried flying Lufthansa Business Class, and well, uh, this P2 says it best.



Spirit Airlines executives react to the blocked merger, get ready to get back to work.


Southwest had its own crisis when Elliott Management became a majority shareholder and demanded major changes and new fees at Southwest. Probably in the name of altruism?


In the credit card space, the shrewd Goldman Sachs reacted to its massive Apple Card losses.


Based on language in the Terms and Conditions, it looked like the American Express Business Platinum $400 annual Dell credits would be going away at the end of 2024.


Then, we, uhhh, “celebrate” that they’re coming back in 2025.


On the other hand, churning Business Platinums and getting 99 employee cards with sign-up bonuses kept going all through 2024, marking more than three consecutive years of the employee sign-up bonus game.


American Express dropped a December surprise with the addition of $50 quarterly credits at Hilton properties on the Business Platinum card. It doesn’t move the needle, but hey, it doesn’t hurt.


Synapse collapses, leaving Yotta and Juno accounts in limbo and ultimately costing consumers than $85 Million in lost deposits.


In the first days after the Synapse collapse, community “experts” come out of the woodwork to tell us that no one is going to lose money based on solid evidence and “something something FDIC”.


Meanwhile, Bilt accidentally sent shutdown notices to many of its card holders, even though they weren’t shutdown.



Chase opened new Sapphire Lounges which are some of the best lounges in the US, but then blew the goodwill by removing its Priority Pass restaurant benefit.


The biggest Buyer’s Group spenders spent 24 hours straight, awake in front of the computer on Black Friday.


Travel hackers made their first transfer of Membership Rewards to Alaska MileagePlan via the Hawaiian airlines integration.


American Express sees massive restaurant spend after floosies learn to cycle millions while dining out, decides to take action.


The American Express Gold card gets a $50,000 annual dining 4x spend capacity, and AmEx executives rejoice.


They also instituted a one million Membership Rewards cash-out annual cap at 1.1 cents per point on the Schwab Platinum card, and they called us names while doing it.


SideshowBob233 (pictured in costume) reacts to churners on his flight that have Chase deposit accounts.


Mesa executives wait for sufficient time to pass between a bad MEAB post and their impending launch.


MEAB (pictured on the right side) at a travel hacking conference meets other bloggers.


A churner finds a way out of pop-up jail.


And after getting out of pop-up jail, the churner realizes it may be repeatable.


MEAB does another math post (or two), tries to show off.


We rode high on cash-back debits in early 2024.


A few of those plays died, but we found workarounds, we just needed to think outside the box.


Kudos raced with shopping portals for payouts.


Virgin Atlantic became relevant with the introduction of the Virgin Credit card and its perks, some payment fun, and the introduction of dynamic pricing.


Critics review MEAB.


SAS announces a promotion to earn a million miles for flying on 15 different SkyTeam partners in Q4, travel hackers react.


SAS realizes people are taking their promotion seriously, and races to build its SkyTeam integration with quirky airlines.


Readers try and follow the hints in MEAB wisdom posts.


Botting several key deals made the money flow.


Tallying Carl’s 2024 earnings, prolly.


MEAB’s P2 flies Lufthansa First class for the first time.


Pepper Saga Part I:
Getting unlimited 10% off of Walmart, BestBuy, and Sam’s Club cards (Q1-Q2).


Pepper Saga Part II:
Unlimited 10% stops working, but new, daily targeted promotions start working after a hiccup or two.


Pepper Saga Part III:
Gift card resale rates fall in slow motion due to oversupply.


Pepper Saga Part IV:
A pitch deck for new investors claiming a total addressable market of $6 trillion, approximately 23% of the US GDP.


Pepper Saga Part V:
The company gives unlimited 20% off of Amazon and Walmart gift cards for a day and is probably nearly out of money.


Pepper Saga Part VI:
A Q1 2025 preview (Probably)


Pepper Saga Part VII:
(space left intentionally blank)


“Seat 21A? I didn’t know first class went back this far.”

“Oh no.”


[4 and 1/2 hours later after touchdown in seat 21A]


2024 finally redeems itself when Technotronic rewrote “Pump Up the Jam” for Bob’s Burgers in late 2024, proving to us that Belgium’s flagship band still has a chance at a KLM livery.

Happy 2025 friends!

The Stunt

Sometimes travel hackers get stuck with a ticket that’s got a cancellation fee (I’m looking at you and your stupid $75 award ticket redeposit fee FlyingBlue) or a ticket that simply isn’t cancellable for any fee even if you’re Steve Buscemi (actually, especially if you’re Steve Buscemi). You’ve got two choices if your plans change and you’re not going to take one of those flights:

  • Pay the fee to cancel if you can, or just eat the ticket cost if you can’t
  • Play the odds and hope that you don’t need to do either of the above

Playing the odds means waiting for the airline to offer free changes or refunds due to one of:

When one of those things happens you won’t be taking off for Lubbock, but instead you’re headed to refund-town (but you’ve probably got to request the refund from the airline, and in some cases before departure). The odds aren’t great though; at best the chances of this working are somewhere between 1/6 and 1/10, unless you own a pregnant turtle.

The Gotchas

There are a few ways this can malfunction:

  • You forget to cancel before the cancellation window expires after the game didn’t work, which matters especially with programs like Virgin Atlantic that require you to cancel before the check-in window opens
  • You don’t request a refund in a timely manner from the airline
  • The airline disagrees about what a significant delay is (but 2+ hours is usually sufficient)

Personally I put a reminder in my phone for an hour before the flight or cancellation window, whichever comes first, to figure out whether the stunt is going to work and to pay the cancellation fee if I can and it didn’t.

Good luck!

AA’s new Flagship First catering meal concept: “playing chicken with an airline”. They’ll end up cutting the ketchup at launch for cost savings though.