Katherine Hamilton
speaker
654 appearances
14 recordings
1 series
first heard Apr 2024
last heard Jan 2025
Katherine Hamilton’s voice in public audio — every appearance, attributed to the second.
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Appearances
And so it's balancing out on both sides how many points consumers need as well as how many they're earning.
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A lot of airlines, especially in the U.S., have changed the way that they price flights for points users.
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A good example is Delta in 2015.
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That airline switched its points fares from a flat fee price model to dynamic pricing, which is a pricing model that bases fares on timing and demand, and it's more similar to how airlines price their regular fares.
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That's right.
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And it's also more susceptible to inflation.
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because it's possible that consumers aren't getting the best deals.
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And it's also possible that airlines aren't being really transparent about how they're setting prices.
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So because a lot of airlines move to this dynamic pricing model, it's easier for them to change prices without notifying the customers.
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What the government is trying to do by launching a probe into how airlines value their points is
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They're essentially trying to get a sense of how airlines set prices to make sure that it's fair to customers.
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It really depends on where they're transferring to and from.
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So each airline essentially sets values by its own discretion.
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So you can think about it like transferring currency from yen to dollar.
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It just depends on how those airlines value points.
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Yes, especially if you're planning to redeem your points within your issuers portal.
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It's really important to acknowledge that as the value of a dollar goes down, the value of your points is also going to go down.
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So as soon as you earn those points, they're losing value because the dollar is always losing value, even when inflation isn't super high.
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So the best thing you can do is what experts call earn and burn, where you're spending points pretty quickly as soon as you earn them.
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If it's a points-based rewards company, a lot of times they partner with companies like Amazon or HomeGoods that you can cash your points in and get an Amazon gift card.
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Showing 241–260 of 654 · page 13 of 33
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