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I should have let my miles expire — reader mistake story

Jan. 03, 2020
4 min read
Woman sad and unhappy at the airport with flight canceled
I should have let my miles expire — reader mistake story
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Today, I want to share a story from TPG reader Haley, who paid (twice) to keep her frequent flyer account active:

I used to live in Orlando, and I commuted frequently between Cleveland and Orlando on Frontier Airlines. I spent some of the miles I earned from those flights, but years after moving away, I still had 20,000 miles in my account, and I couldn't wait to find the perfect time to use them for a trip back to Orlando.

Frontier miles expire after six months, but they've always given me the option to purchase miles in order to keep my existing miles from expiring. It cost me $50 to buy a few thousand additional miles, and I figured it was worthwhile because I'd eventually use the original miles and still feel like I got some kind of deal.

This year, I didn't get the usual email notice that my miles were expiring, and I didn't notice until four days too late. I called Frontier and was informed it would cost me $100 to reinstate my miles. The trip I'm planning to Orlando (which I was going to pay for with miles) only costs $200, so paying $100 to reinstate the miles didn't make sense to me, especially after having spent another $100 to keep the miles active. I should have just given up on the miles months ago.

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Haley's mistake was not so much letting her miles expire as failing to adequately assess whether preserving those miles was worthwhile in the first place. Before you pay to reinstate expired rewards (or prevent them from expiring), you should weigh how much they're worth and how soon you need them against the cost of keeping them active. A valuable stash of rewards that you'll redeem in the near future is worth saving, but stray balances with no clear use probably are not. Haley's initial $50 outlay would have made sense if she also had an immediate plan to redeem her miles; I think it's a poor investment otherwise.

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When you're evaluating the cost to reinstate or preserve rewards, take the transaction at face value. Any money you've already spent is a sunk cost, and it shouldn't factor into your decision. In Haley's case, the decision came down to paying $100 for (approximately) 20,000 Frontier miles; the $100 she contributed previously is gone, and the fact that those miles used to be "hers" is irrelevant. Her options were to either pay and have the miles, or not pay and not have them.

Buying points and miles without a promotional bonus is typically a bad deal, so you should only do it as a last resort to keep your account active or top up for an impending award. Instead, look for inexpensive options like transferring points in from another program or making a purchase through an affiliated online shopping portal — Frontier Airlines doesn't have its own portal, but does have a handful of earning partners that can help you log qualifying accrual activity. Finally, this story is a reminder that whether by devaluation or expiration, points and miles are a bad long-term investment, Use them or lose them!

Related: How I lost 168,000 miles (and how I plan to get them back)

I appreciate this story, and I hope it can help other readers avoid making the same mistake. In appreciation for sharing this experience (and for allowing us to post it online), I'm sending Haley a gift card to enjoy on future travels, and I'd like to do the same for you. Please email your own travel mistake stories to info@thepointsguy.com, and put "Reader Mistake Story" in the subject line. Tell us how things went wrong, and (where applicable) how you made them right. Offer any wisdom you gained from the experience, and explain what the rest of us can do to avoid the same pitfalls.

Feel free to also submit your best travel success stories. If your story is published in either case, I'll send you a gift to jump-start your next adventure. Due to the volume of submissions, we can't respond to each story individually, but we'll be in touch if yours is selected. I look forward to hearing from you, and until then, I wish you a safe and mistake-free journey!

Featured image by Getty Images/iStockphoto

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  • Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
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Best for businesses with high spending
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4.5 / 5
Go to review

Rewards Rate

2X miles2 miles per dollar on every purchase
5X miles5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel
10X miles10 miles per dollar on hotels and rental cars booked through Capital One Business Travel
  • Intro Offer
    Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening

    Earn 150,000 bonus miles
  • Annual Fee

    $395
  • Recommended Credit
    Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    740-850
    Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit.

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
  • In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
  • Business owners are also able to add employee cards for free.

Cons

  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month