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Wyndham Rewards is the hotel loyalty program that you can trust…to change redemption rates dramatically without any advance warning. They have done it before, said they wouldn’t do it again, and then have done it again a couple times since then.
Now they have changed the transfer rate to airlines.
The transfer rate from Wyndham to airlines like United, American, and US Airways was 8,000 points to 3,200 miles; 17,500 points to 7,000 miles; and 30,000 points to 12,000 miles. To transfer to Southwest it was 8,000 points to 2,400 Rapid Reward points (those have been counting toward the Companion Pass). Other than with Southwest, that meant that each point was worth .4 airline miles. During times when the airlines had bonuses with transfers from airlines you could do pretty well with these points.
Now the transfer rates from Wyndham to airlines is 6,000 points to 1,200 miles; 16,000 points to 3,200 miles; and 30,000 points to 6,000 miles. That means that each point is worth .2 airline miles. In other words, they have cut the value in half as far as airline transfers go without warning anyone.
I was disappointed just then to realize I still had some Wyndham Rewards points in my account, but I can’t imagine working to add any to my account after I am able to use those unless they are just giving them away on the street corner and I have an immediate need. Devaluations happen, but in solid programs they are relatively gradual, and at least you have a head’s up that it is coming. With Wyndham their changes are typically pretty dramatic and without warning.