Frequent Miler on the Air · Sunday, July 26, 2026
A key consideration in deciding between miles and cash for flights is that miles rarely appreciate in value, unlike cash which can be invested. Therefore, having a large stockpile of miles makes prioritizing their use over cash a sensible strategy, as cash can continue to grow in value.
“You know, I think that a key point for me anyway, is the miles rarely appreciate in value, you know, they're not often going to go up in value over time, cash is.”
“So if I've got a million miles to use, then I'm going to prioritize using those miles first, keeping cash in the bank or investments or whatever the case may be, rather than taking money out to use for airline tickets and preserving miles for the future.”