A heartbreaking day for MileagePlus members as United devalues Europe saver awards by 33%
It's a solemn day for MileagePlus members.
United Airlines just implemented one of the most heartbreaking devaluations in the history of the MileagePlus program by increasing Europe saver award rates by 33% without notice, as One Mile at a Time first reported.
For years, United offered saver award rates from the continental U.S. to Europe for 30,000 and 60,000 miles in economy and business class, respectively. Partner business-class awards used to cost 70,000 miles one-way. During the early days of the pandemic, United increased its partner award rates by 10% and added mileage charges for close-in bookings.
But Wednesday's devaluation is worse than anything I've seen in nearly a decade as a United Premier 1K member.
Europe awards on United metal
Until Tuesday, you could book saver economy and business fares to Europe on United-operated flights for 30,000 and 60,000 miles. Occasionally, United released economy-class saver awards for less than 30,000 miles.
United has increased award rates in both cabins to 40,000 and 80,000 miles on most award flights. For now, Premium Plus awards remain unchanged at 45,000 miles one-way — that's just 5,000 miles more than economy-class awards.
You might still find some economy-class award rates for less than 30,000 miles.
Related: The best ways to travel to Europe using points and miles
Europe partner awards
Thought the worst was over? Not yet.
The most disturbing devaluation is on partner tickets. You'll now find some saver business-class award rates of more than 100,000 miles.
For reference, Avianca LifeMiles and Air Canada Aeroplan charge just 63,000 and 70,000 miles, respectively, for this same partner business-class award. In other words, you'll need 62% more miles to book this flight through MileagePlus than LifeMiles.
Related: The best websites to search for Star Alliance award availability
Book Asia awards now
For now, you'll likely use more United miles to book a flight to Europe than Asia. We don't expect that to last. After all, flight times from the East Coast to Asia are nearly double flight times from the East Coast to Western Europe.
At the time of writing, United-operated Asia saver awards still cost 35,000 and 70,000 miles in economy and business class.
We recommend booking these awards now. Remember, if you need to change your plans later, United no longer charges mileage redeposit fees.
Related: Why I consider my United miles to be worth 5 cents apiece
Bottom line
United has increased saver award rates to Europe, which means you'll get less from your hard-earned miles on these routes.
Now is the time to start redeeming MileagePlus miles on routes that haven't yet been affected by inflated pricing, like Asia saver awards and Premium Plus awards for 45,000 miles to Europe.
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- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
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Cons
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- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- 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
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- 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