Restricting award availability. Like when Emirates broke our hearts in 2025 with this move.
Unfortunately, devaluations happen often, and programs aren’t required to notify members before they take effect. (Though sometimes, they do — and we’re grateful for that.)
So how can you protect your points?
It’s practically impossible to completely avoid devaluations, but these tips can help:
Don’t hoard your points. The No. 1 lesson here is that your points and miles will never be worth more than they are right now. Treating them like a long-term investment can be a big mistake.
If you hear about a devaluation, book ASAP. Take a cue from the many points-savvy loyalists who were able to beat the price hikes and lock in the best award rates when this program recently announced its changes a couple months before they took effect.
To learn more about devaluations and what you should do to stay ahead of them, check out these articles:
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