As more and more people get into the points & miles game, we’re seeing an acceleration of devaluations. Opportunities to earn points disappear. Point prices go up. Transfer ratios go down. Is this the beginning of the end?
Will the points game survive?
Watch here:
Or listen here (or click “Follow” on the player below to select your preferred podcast app instead):
Giant Mailbag
(00:46) – Gil has a warning story about being Bonvoyed by Bonvoy… Boundless
Main Event: Will the points game survive?
(06:28) – Devaluations keep hitting
(14:14) – Positive trends that we’re seeing at the time of this recording (May 1 2026).
(15:15) – Doing this for 15 years
(17:37) – Enjoying elite status
(21:10) – Earning points getting easier
(27:54) – New opportunities to earn transferable points keep appearing
(29:00) – Point transfer opportunities are often increasing
(30:26) – Using points sometimes improves
(31:28) – Airlines
(38:37) – Hotels
Subscribe and Follow
Visit https://frequentmiler.com/subscribe/ to get updated on in-depth points and miles content like this, and don’t forget to like and follow us on social media.
Music Credit – “Ocean Deep” by Annie Yoder





Bloggers became greedy by posting it on evert corner
I wouldn’t say greedy. They published tips and tricks in a sincere effort to teach people . . . but in a public forum . . . and the banks and programs became aware of their vulnerabilities . . . which they began closing . . . which is what we continue to see today.
There is zero incentive to share strategies. When strategies get out, they’re shut down.
10 years ago you need to do your own leg work to find everything about points and how to use them. Now bloggers feed public everywhere just to get clicks and referral bonuses.
Change your statement closing date to just before the end of the month.