Tag: devaluation

Update (9 Jun): Would like to draw your attention to the following comment by Christopher:  I called DBS earlier this afternoon to ask about the effective date of the above changes in the T & Cs. Twice. Here are the replies I received: 1. 1st CSO claimed that the T &...

Ok. No time to keep feeling sorry for myself, because bigger and more important things are now happening. I'd like to claim some special powers of clairvoyance but really, everyone knew this was a long time coming. SQ has announced changes to its award chart that take place from 24th May...

I got a text this morning that made me worried First rule of the miles and points game. "Enhancement" is always a bad thing. I wonder why airlines/hotels/credit card companies continue to use that term, given that it's been so widely abused it's used sardonically by the frequent flyer community. So,...

Miles are the worst investment that you can possibly hold. They do not earn interest. They are not subject to any sort of investor protection. And over the long term, they are the one investment that is guaranteed to lose value (as we saw with Alaska's unannounced devaluation of Emirates first...

This shouldn't raise any undue alarm bells but I thought you should know that from 1 June 2016 DBS has revised the earning rate on the DBS Altitude card. The new earn rates are as follows Online flight and hotel transactions Overseas Spend (foreign currency) Local Spend 3 miles (Capped at S$5,000 per month) 2 miles 1.2...

EDIT: Alaska has published an FAQ about the devaluation. TL;DR version- the devaluation is because of evil travel hackers, they were unable to give prior notice for this devaluation "given the dynamics of this particular award" but the policy remains to give 30 days notice of significant program changes...

Compared to the rest, Dexter is still an infant in the miles game. choosing between saving money (read: going for cheap fares regardless of airlines) versus staying loyal to one carrier (or alliance) was tough, but who says you can't have both? Dexter constantly looks out for ways to...

So, 3 nice surprises landed in my inbox this morning (well, technically 2, the CapitaCard one has been known for a while, but that sort of breaks the narrative flow so I'll ignore it) from DBS. DBS is cutting back the benefits on 3 cards- the DBS CapitaCard, the DBS LiveFresh and...