What I Learned at the First MileValue Dinner

Friday night 12 readers and I met at Guelaguetza Restaurant near downtown Los Angeles for the first ever MileValue dinner. Eating, drinking, and socializing lasted the better part of three hours.

Before, during, and after the dinner I had a chance to talk with everyone about their upcoming trips, miles-redemption strategy, and miles-earning tricks.

Amazing tips were circulated by readers. One person brought a pen and paper to take notes, and I think we all wished we had. Two tips in particular stood out to me.

Nuggets 7/20/12

I'm busy preparing for the first ever live MileValue.com seminar in Honolulu that starts in 10 hours, so I'll summarize a few interesting nuggets you may have missed.

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The Five Types of Frequent Flier Miles

There are five basic types of frequent flier miles. I'll detail each, including how best to take advantage of them. Then I'll explain why it's important to diversify across the types (not just across frequent flier programs.)

1) Region-to-region based miles. American, Delta, United, US Airways, etc

Region-to-region miles are the most common type of miles. These miles can be redeemed according to award charts, so a flight from North America to Europe costs a certain amount of miles regardless of where in North America and where in Europe and regardless of the (valid) routing.