After the news that Citi thanks will be depreciating point transfers yes Emirates Skywards Up to 20% of July 27, Chase and US Express have announced that the transfer of points to the International Airline Loyalty Program will be “temporarily” inaccessible.
Continue to read to learn more about the temporary stop of Emirates partners and when the transfer of points will be resumed.
Related: Credit Card Transfer Partners: Points and Mile Transfer Guide to Airlines and Hotels
Pursuit and amhex to stop the transfer of Emirates Skywards points
As first reported by One mile at a timeChase has issued the following notice to End prizes Members:
The transfer of Chase Ultimate Rewards points online or by phone to Emirates Skywards will not be inaccessible between (12:00 pm EDT on May 29 and indicative June 30). We apologize for the inconvenience.
In a similar statement on his transfer page, Award for membership in American Express Posted:
At the beginning of May 28, the ability to transfer prizes for membership points to Emirates Skywards Miles will be temporarily inaccessible. Please visit Emirates.com for more information. We apologize for the inconvenience that can cause.
While Chase offered an indicative date for the resumption of its members, Amex does not offer additional information about when (and if) transfers to Emirates Skywards.
Both card loyalty programs offer 1: 1 Skywards transfers, which means you can transfer 1000 points and get a value of 1000 miles to Skywards in replacement.
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Emirates is also a 1: 1 transfer partner of BILT Rewards and CapitalS At that time, the members of these remuneration programs were not notified of changes to the Emirates Skywards transfer.
Does Chase and Amex Devalue Emirates point transfers?
Less than one week after the announcement of this Citi Thanks to awards The points are now transferred at a speed of 5: 4, which means that every 1000 transfer points you will receive 800 miles in the sky, both Chase and Amex have issued extracts that stop the Emirates transfers.
So, is the upcoming devaluation transfer?
As I noted in my Citi news reaction, while depreciation is never good, what I was afraid of happening more were other credit card companies that follow the costume. Chase and Amex have not announced publicly that they are losing Skywards as a transfer partner or depreciating transfer speeds. However, I would not be surprised if the depreciation of the transfer partners becomes a growing trend.
Members are able to gain enormous value for their points and miles thanks to the flexibility that they have to transfer these points and miles to loyalty programs. So, airline and hotel loyalty programs are trying to deter this flexibility and force more loyalty within a program by depreciating transfers?
In general, I am interested in seeing how this is played. Let the chess match.