With United having significantly devalued MileagePlus miles, I think it’s only fair that I adjust my valuation of this currency. I’m coming to a strange conclusion — are United MileagePlus miles and Delta SkyMiles now worth roughly the same?
Continue reading: How Much Are United MileagePlus Miles Worth Post-Devaluation?
Share your questions, experiences, and thoughts below.
Ben, thank you for pointing this out. I've made a few high-value United point redemptions recently, and was also starting to notice this. It seems you really need one of their cards to get the super-deals. (Like, there was the EWR-SFO/LAX transcon 25K each way in Polaris, recently, as well). Thankfully, can transfer via Chase and BILT, so have been able to push over points when needed. Just hope the good times last, because they're harder to come by these days elsewhere.
Agreed on all fronts- one thing you also didn't mention is them having a great route map helps the valuation IMO. Imagine if this was AA it would be like cool you can fly to London, Paris, Tokyo, and Sydney on AA metal and that's basically it. UA has great destinations, and 72k TATL and 90k TPAC J (with 10% cardholder discount) with low fees is great pricing these days
I don't understand your logic here. Do those changes have any effect whatsoever on redeeming UA miles for flights on other *A airlines?
If not, does anyone really want to get tied down to having to redeem awards on a single airline when there are alternatives out there offering availability across an entire alliance? Shouldn't the valuation be subject to a discount for the inconvenience and risk? Avianca offer plenty of great awards on their own metal but would it make sense to base your LifeMiles valuation on the basis of those?
@ Alonzo -- I wouldn't expect airlines to get "out of bed" with the big banks anytime soon, since that's where a large percentage of profits come from.
And an EWR to LHR example is hardly the most relevant example here. Try CPT, NCE, PPT, SIN, etc.
All good points but a stretch to value them so close to AA/AS which are so much stronger domestically (25-50% less miles), and consistently 10-20% less for longhaul biz. If AA is 1.5, United simply can’t be above 1.2.
80K for Polaris TATL? Um, yeah, I'd say that's very much still a 'deal,' in 2026 especially. At 1 cpp, $800 for what would otherwise be like a +$2,000/way ticket on-average. 2-4x value is great. EWR/IAD-JNB/CPT at 220K/way is still a deal, too; those tickets can be $5K/way cash price. If it's significantly better than 1cpp, it's still a win (2-3x is good, 5x+ is excellent). Listen, compare that to the games Delta's been playing for years (SkyPesos), you'd need like 500K-1 million points. Psh.
I value AA at 1.5 and DL at 1.0. I used to value UA as more like 1.2 but agree now it’s probably more like 1.3-1.4. I guess I still would view UA as at least a tenth of a point less than AA.
But to your point all of this now changes based on status and card holding. Same with FB now. That’s the way the game is going. So if you are a UA loyalist you’re simply going to have a higher value than others.
Curious why the values page is not updated given this post. Is that done on a biannual basis?
United miles have tremendous value if you live close to United hubs especially EWR or SFO since the prices are high in these markets and United elites with United credit card get a great return!
Keeping your premium cabin awards to your own program is a double-edged sword. Your partners, if not already, will gradually be doing the same thing for their own programs. Everyone will end up worse off eventually.
The value depends on whether you have a United credit card. Agree with Ben’s sentiment; I certainly wish UA released more to partners, but at least they’re delivering. I’ll gladly pay $95/year as a copay to get access to more space at way better prices.
I don't think you're giving United enough credit here for the fact that there is a positive underlying this -- they actually release a decent amount of longhaul premium cabin saver award space to their own members. Sure, some routes virtually never have space, but it's actually not terribly hard to find on core Europe, Asia, and even Australia routes.
AA may have a lower award chart, but they virtually never release premium awards on their own metal and are just coasting off what partners make available. (I just redeemed 90K miles one way for United business to Australia -- AA's pricing is lower in theory, but is it ever lower in practice?) DL has essentially killed saver awards altogether. And international airlines across the board don't release nearly as much space as they used to.
So yes, United is limiting how you can access that space, but in exchange they're actually offering you useful ways to use your miles.
I was actually surprised to see 1.3 cents per mile - I would say SIN-SFO in Polaris is worth more than $1300 (well, $1369 :-).
Most people interested in Polaris will probably be willing to pay more in cash.
(and btw, these rates do not require credit card, just any elite status). So let's see how long will these "60% off" deals will stick around
United's social engineering has worked with me, at least to some extent. I have a UA Explorer card mostly so that I have access to lower-priced award tickets. However, I still find it difficult to find Polaris seats, and most of my recent TATL and TPAC award tickets in J have been via other airlines (Air Canada, Singapore). For domestic economy, the more reasonable miles price point is useful in cases where the cash price is ridiculous. Because I'm buying tickets for a kid in school on the other side of the country, I decided to keep the card.
You have to wonder how much of this current "availability" and good deal will stick around for more than a year or two.
Scott Kirby has been quite loud talking about the stickiness of a customer with a United credit card and how they're more likely to stay with UA.
In a sense it's a bit like the old tale about dropping a frog in boiling water vs cold water and gradually warming it.
It strikes me that United is likely pursuing the latter. Bringing in customers with the lure of these deals and, if history is any guide, likely to devalue more and more as they view their saturation point with cards.
But we've certainly seen with Delta how customers are happy to watch their preferred program become almost worthless but stay loyal despite it not being in their own personal financial interest.
You really do have to wonder what the reckoning will be as consumers eventually start to act in their own interest.
Ben, in no scenario would I say UA and DL miles should have the same or similar valuation. There are still some good redemptions to be had on UA - sometimes requiring many layovers, sometimes it’s just one seat that opens up last minute (eg ROR-GUM-SPN-NRT-ORD-LGA in J for 85k miles earlier this year...).
DL on the other hand is absolutely worthless.
As a family of 5 United has become a go to program, simply because they make 5+ J seats available on lots of long haul flights and don't have fuel surcharges. I stopped using them 6-7 years ago and we've returned to the program having 3 kids. Now we use United for 75%+ of flights and BA or AA miles for the rest. Program has gotten much better despite the restrictions and Polaris is a good product.
With a United credit card, miles are worth 2 cents each compared to refundable cash domestic tickets, a great value in my opinion. Buying an extra seat in coach, three can travel comfortably and inexpensively.
When I have a choice on which airline to fly, I pretty much never will choose United. I know it's anecdotal, but I just have too many problems when I fly them. I also hated how they nickel-and-dime their customers (why the hell are you not including booze with your extra legroom seats?)
These recent changes have turned me off even more, to the point that I'll strongly consider downgrading my card at the next renewal. If I didn't have travel credit I need to use, I'd have already done so at the previous renewal. I don't want to support an airline that makes loyalty this blatantly pay-for-play.
