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Malaysia Airline Enrich Miles, Get the best bang from your CC points :)
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funfunfun
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 May 9 2024, 03:11 PM
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Getting Started
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QUOTE(limeuu @ May 8 2024, 10:07 PM) The CC-airline miles game in Malaysia is pretty much gone at the moment. Not sure why the banks decided to go this way. It's still a big game in many other countries, including the red dot down south. Due to Ringgit depreciation? Miles are traded internationally so most likely bank cost is in USD. Their miles cost has probably gone up a lot on Ringgit basis. This post has been edited by funfunfun: May 9 2024, 03:11 PM |
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funfunfun
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May 9 2024, 05:07 PM
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Getting Started
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QUOTE(limeuu @ May 9 2024, 05:00 PM) The Maybank devaluation is 5000 to 10000 and for the amex reserve, 5 to 2 points. That's a 500% devaluation, or a 1/5 new value (RM=1 mile to RM5=1mile). That's not by any stretch of imagination, inflation based valuation. The original 1 RM = 1 mile was always unsustainable. I think at one point it was probably the best earn rate in the world. (not complaining as I racked up substantial miles including multiple SQ First/Business redemption based on old rate) Now they move to the other end of spectrum completely and become one of the worst This post has been edited by funfunfun: May 9 2024, 05:08 PM |
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