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As an Avios subscriber on the original plan I’d take the cash and invest it then spend £1,789 a year over 5 years to buy 1m Avios and spend them as I go to manage the devaluation risk. After 5 years I’d have just over £1k plus investment gain left.
Bold of you to think there’d be any value of Avios in 5 years time. But I hope so!
If you use them well, especially with a 241, you can get £8k or even more value in year 1, then anything afterwards is a bonus . That’s the way I see it.
I have a million, will stop subscription now , same £1789 pa, spend them from now on. I’ve already over last 5 years got more in airfare equivalent than spent on avios and Amex fee.
As an Avios subscriber on the original plan I’d take the cash and invest it then spend £1,789 a year over 5 years to buy 1m Avios and spend them as I go to manage the devaluation risk. After 5 years I’d have just over £1k plus investment gain left.
Bold of you to think there’d be any value of Avios in 5 years time. But I hope so!
Huh? He said he would spend them as he goes so if they become worthless he just ends his subscription
1p per avios and a bucket load of them? Err, cash and it’s not even close as you quite frequently get the chance to convert the cash to avios at a better rate. Now if the question was 2 million points or £10k that would be a far more interesting question. Getting avios at 0.5p but having to take 2m of them, that would be a tough call.
I was easily spending 600,000 avios a year on redemptions – HEL-Japan-DOH-EDI, EDI-IAD-EDI, EDI-SIN, HKG-EDI and odd domestic in last 9 months.
But now prices are falling I’d take the cash. (Looking at EDI-RIO, BUE-EDI later this year and ex-Lisbon with LATAM is £1,700 each in Business – do I still earn Avios with LATAM? Any excuse to visit Lisbon!)
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