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Should I Rebook AAdvantage Awards When the Price Drops?

July 31, 2016
3 min read
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Should I Rebook AAdvantage Awards When the Price Drops?
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TPG reader Dwayne sent me a message on Facebook to ask about changing award tickets:

“If I book an American Airlines award at the standard level and then saver availability opens up, should I rebook at the lower price?"

Most airlines charge a fee for changing award tickets, which can become especially costly when traveling with family or in a group. Each carrier has its own policies, so it's good to be familiar with all the different strategies for avoiding change and cancellation fees. That can help you save money when your plans shift, but may also help you redeem points and miles more efficiently when saver awards become available.

One great feature of the AAdvantage program is that you can change award tickets for free in certain circumstances. The stipulations are generally that your origin and destination must remain the same, you can't change to a different operating carrier and you can't change the award type. Since Dwayne is looking to remain on the exact same flight, the first two factors don't come into play. However, rebooking from a standard AAnytime award to a MileSAAver award qualifies as a change in award type, so he won't be eligible for the free change.

Instead, an AAdvantage agent would have to reinstate the original award and issue a new one at the lower level. You'd incur a fairly steep reinstatement fee of $150 for the first ticket, though additional award tickets could be reinstated at a more reasonable cost of $25 each. That fee (along with various other award fees) is waived if you have Executive Platinum status and you're redeeming miles from your own account.

Even if you can't avoid the fee, rebooking an award could be worthwhile depending on how much you stand to save. For example, if you booked an AAnytime economy award to Europe for 47,500 miles each way, changing to a MileSAAver award for 30,000 miles each way would be a no-brainer. You'd basically be paying $150 to recoup 35,000 miles; that works out to around 0.43 cents apiece, which is much less than what AAdvantage miles are worth. On the other hand, reinstating a one-way domestic award to save 12,500 miles probably wouldn't make sense.

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Rebooking
The reinstatement fee may be worthwhile if you can snag a MileSAAver award to Europe or other faraway destinations.

Some airlines have more flexible award change policies. For example, Southwest actually lets you rebook on the same flight at no charge, so you can easily save (points or dollars) when the price drops. Still American's policies can come in handy if you know where you're going, but your travel dates haven't been confirmed.

For more on AAdvantage changes and avoiding fees in general, check out these posts:

If you have any other questions, please tweet me @thepointsguy, message me on Facebook or send me an email at info@thepointsguy.com.

[card card-name='Citi® / AAdvantage® Executive World Elite™ MasterCard®' card-id='221410949' type='javascript' bullet-id='1']

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Apply for American Express® Gold Card
at American Express's secure site
Terms & restrictions apply. See rates & fees
Best for dining at restaurants
TPG Editor‘s Rating
4 / 5
Go to review

Rewards Rate

4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4XEarn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
3XEarn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
2XEarn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.