{"data":[{"id":13,"program_slug":"marriott-bonvoy","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2026-07-07","effective_date":"2026-07-07","magnitude_pct":null,"summary":"Marriott raised Bonvoy award pricing roughly 5 to 10 percent without notice to members","source_url":"https://awardwallet.com/news/marriott-bonvoy/marriott-raises-award-pricing-2026/","source_name":"AwardWallet","last_verified":"2026-08-07"},{"id":8,"program_slug":"aeroplan","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2026-05-31","effective_date":"2026-06-01","magnitude_pct":null,"summary":"Partner award rates repriced across dozens of routes, with more increases than decreases","source_url":"https://onemileatatime.com/news/aeroplan-updating-award-chart-devaluation/","source_name":"One Mile at a Time","last_verified":"2026-08-07"},{"id":31,"program_slug":"bilt-rewards","type":"partner","direction":"devaluation","severity":"minor","announced_date":"2026-05-02","effective_date":"2026-05-02","magnitude_pct":null,"summary":"Spirit Airlines ceased operations on 2 May 2026 and was removed as a Bilt transfer partner","source_url":"https://awardwallet.com/news/bilt-rewards/spirit-airlines-transfer-partner/","source_name":"AwardWallet","last_verified":"2026-08-08"},{"id":14,"program_slug":"world-of-hyatt","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2026-04-24","effective_date":"2026-05-20","magnitude_pct":null,"summary":"Hyatt launched a new 5-tier award chart with roughly 40 pricing levels, its biggest chart overhaul in years","source_url":"https://frequentmiler.com/mayday-hyatt-to-launch-a-brutal-new-world-of-hyatt-chart-in-may-2026/","source_name":"Frequent Miler","last_verified":"2026-08-07"},{"id":30,"program_slug":"bilt-rewards","type":"partner","direction":"enhancement","severity":"minor","announced_date":"2026-03-25","effective_date":"2026-03-25","magnitude_pct":null,"summary":"Bilt added Wyndham Rewards as its sixth hotel transfer partner at 1:1, transferable in 2,000 point increments","source_url":"https://awardwallet.com/news/bilt-rewards/wyndham-rewards-transfer-partner/","source_name":"AwardWallet","last_verified":"2026-08-08"},{"id":28,"program_slug":"citi-thankyou-rewards","type":"transfer_ratio","direction":"devaluation","severity":"major","announced_date":"2026-03-20","effective_date":"2026-04-19","magnitude_pct":null,"summary":"Citi cut two hotel transfer ratios from 19 April 2026, Choice Privileges by 25 percent and Preferred Hotels I Prefer by 50 percent","source_url":"https://awardwallet.com/news/citi-thankyou-rewards/citi-transfer-devaluation-choice-preferred-hotels/","source_name":"AwardWallet","last_verified":"2026-08-08"},{"id":17,"program_slug":"flying-blue","type":"status","direction":"enhancement","severity":"minor","announced_date":"2026-02-12","effective_date":"2026-02-12","magnitude_pct":null,"summary":"Flying Blue reinstated status-point earning on Basic economy fares at a flat 2 XP and 2 UXP per segment regardless of distance","source_url":"https://upgradedpoints.com/news/flying-blue-reinstates-xp-basic-fares/","source_name":"Upgraded Points","last_verified":"2026-08-07"},{"id":29,"program_slug":"bilt-rewards","type":"earning","direction":"devaluation","severity":"major","announced_date":"2026-02-07","effective_date":"2026-02-07","magnitude_pct":null,"summary":"Bilt Card 2.0 replaced flat 1x rent points with a model where housing points must first be unlocked by other card spending","source_url":"https://onemileatatime.com/news/new-bilt-credit-card-rent-rewards-details/","source_name":"One Mile at a Time","last_verified":"2026-08-08"},{"id":23,"program_slug":"american-airlines-aadvantage","type":"earning","direction":"devaluation","severity":"major","announced_date":"2025-12-19","effective_date":"2025-12-17","magnitude_pct":null,"summary":"Basic Economy tickets bought on or after 17 December 2025 earn no AAdvantage miles and no Loyalty Points","source_url":"https://www.cbsnews.com/news/american-airlines-to-stop-letting-basic-economy-customers-earn-miles/","source_name":"CBS News","last_verified":"2026-08-08"},{"id":16,"program_slug":"chase-ultimate-rewards","type":"benefit","direction":"devaluation","severity":"moderate","announced_date":"2025-12-19","effective_date":null,"magnitude_pct":null,"summary":"Chase quietly reduced the Sapphire Reserve Points Boost guaranteed rate for The Edit hotel portfolio from a flat 2 cents per point to a variable rate of up to 2x, with some properties pricing near 1.65 cents per point","source_url":"https://thriftytraveler.com/news/credit-card/chase-sapphire-reserve-points-boost-devaluation/","source_name":"Thrifty Traveler","last_verified":"2026-08-07"},{"id":6,"program_slug":"avios","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2025-12-15","effective_date":"2025-12-15","magnitude_pct":-10,"summary":"British Airways raised long-haul Avios pricing by 10 percent, while short-haul reward flights saw higher cash surcharges rather than a points-price increase","source_url":"https://onemileatatime.com/news/british-airways-club-avios-devaluation/","source_name":"One Mile at a Time","last_verified":"2026-08-07"},{"id":10,"program_slug":"united-mileageplus","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2025-12-08","effective_date":"2027-02-01","magnitude_pct":null,"summary":"United announced it will retire the fixed PlusPoints upgrade-award chart and move upgrade awards to fully dynamic pricing beginning February 2027","source_url":"https://liveandletsfly.com/united-airlines-status-upgrade-changes-2026/","source_name":"Live and Let's Fly","last_verified":"2026-08-07"},{"id":15,"program_slug":"capital-one-miles","type":"transfer_ratio","direction":"devaluation","severity":"moderate","announced_date":"2025-12-03","effective_date":"2026-01-13","magnitude_pct":-25,"summary":"Capital One cut its Emirates Skywards transfer ratio from 1:1 to 1,000:750, a 25 percent devaluation","source_url":"https://onemileatatime.com/news/capital-one-devalues-emirates-skywards-transfers/","source_name":"One Mile at a Time","last_verified":"2026-08-07"},{"id":26,"program_slug":"delta-skymiles","type":"status","direction":"enhancement","severity":"minor","announced_date":"2025-12-02","effective_date":"2026-02-01","magnitude_pct":null,"summary":"Delta refreshed Diamond and Platinum Choice Benefits from 1 February 2026, raising three options and cutting the American Express statement credit","source_url":"https://upgradedpoints.com/news/delta-choice-benefits-changing-2026/","source_name":"Upgraded Points","last_verified":"2026-08-08"},{"id":5,"program_slug":"turkish-miles-and-smiles","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2025-12-01","effective_date":"2025-12-01","magnitude_pct":null,"summary":"Miles&Smiles raised partner domestic award pricing 50 percent and repriced its Hawaii sweet spot to a new, higher tier","source_url":"https://www.themilesmarket.com/post/airline-devaluation-2025-2026-playbook","source_name":"The Miles Market: 2025-2026 Devaluation Playbook","last_verified":"2026-08-07"},{"id":4,"program_slug":"sas-eurobonus","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2025-11-14","effective_date":"2025-12-01","magnitude_pct":-20,"summary":"EuroBonus raised business-class award pricing on SAS-operated intercontinental flights by 20 percent","source_url":"https://frequentmiler.com/sas-eurobonus-will-raise-award-prices-by-as-much-as-33/","source_name":"Frequent Miler","last_verified":"2026-08-07"},{"id":3,"program_slug":"krisflyer","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2025-11-01","effective_date":"2025-11-01","magnitude_pct":null,"summary":"KrisFlyer raised premium-cabin award rates across long-haul partner redemptions","source_url":"https://www.themilesmarket.com/post/airline-devaluation-2025-2026-playbook","source_name":"The Miles Market: 2025-2026 Devaluation Playbook","last_verified":"2026-08-07"},{"id":18,"program_slug":"amex-membership-rewards","type":"fee","direction":"neutral","severity":"minor","announced_date":"2025-09-18","effective_date":"2025-09-18","magnitude_pct":null,"summary":"American Express refreshed the Platinum Card, raising the annual fee to $895 while adding roughly $3,500 in credits","source_url":"https://www.cnbc.com/2025/09/18/american-express-platinum-card-refresh-895-fee-3500-perks.html","source_name":"CNBC","last_verified":"2026-08-07"},{"id":12,"program_slug":"hilton-honors","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2025-09-09","effective_date":"2025-09-09","magnitude_pct":null,"summary":"Hilton raised its top-tier award rate again, to 250,000 points per night at its most expensive properties, the second such increase in 2025","source_url":"https://onemileatatime.com/news/hilton-honors-devalues-points/","source_name":"One Mile at a Time","last_verified":"2026-08-07"},{"id":22,"program_slug":"american-airlines-aadvantage","type":"award_chart","direction":"devaluation","severity":"moderate","announced_date":"2025-07-30","effective_date":null,"magnitude_pct":null,"summary":"One Mile at a Time reported a slow, unannounced repricing of AAdvantage saver business class, with 75,000 miles increasingly the one-way transatlantic rate","source_url":"https://onemileatatime.com/news/american-aadvantage-business-class-award-devaluation/","source_name":"One Mile at a Time","last_verified":"2026-08-08"},{"id":20,"program_slug":"southwest-rapid-rewards","type":"benefit","direction":"devaluation","severity":"moderate","announced_date":"2025-07-21","effective_date":"2026-01-27","magnitude_pct":null,"summary":"Southwest moved to assigned, paid seating, ending its open-seating boarding model","source_url":"https://thepointsguy.com/news/southwest-airlines-assigned-seats-date/","source_name":"The Points Guy","last_verified":"2026-08-07"},{"id":21,"program_slug":"american-airlines-aadvantage","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2025-06-12","effective_date":"2025-08-12","magnitude_pct":null,"summary":"American stopped accepting new mileage upgrade award chart requests from 12 August 2025, moving mileage upgrades to dynamic pricing","source_url":"https://thepointsguy.com/news/american-airlines-instant-upgrade","source_name":"The Points Guy","last_verified":"2026-08-08"},{"id":1,"program_slug":"lufthansa-miles-and-more","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2025-06-03","effective_date":"2025-06-03","magnitude_pct":null,"summary":"Miles&More moved intercontinental award pricing to a fully dynamic model, replacing the published award chart","source_url":"https://www.themilesmarket.com/post/airline-devaluation-2025-2026-playbook","source_name":"The Miles Market: 2025-2026 Devaluation Playbook","last_verified":"2026-08-07"},{"id":9,"program_slug":"united-mileageplus","type":"benefit","direction":"devaluation","severity":"moderate","announced_date":"2025-05-22","effective_date":"2025-08-21","magnitude_pct":null,"summary":"United eliminated the Excursionist Perk that allowed a free one-way award inside some multi-city itineraries","source_url":"https://liveandletsfly.com/united-airlines-ends-instant-upgrades/","source_name":"Live and Let's Fly","last_verified":"2026-08-07"},{"id":2,"program_slug":"emirates-skywards","type":"award_chart","direction":"devaluation","severity":"major","announced_date":"2025-05-12","effective_date":"2025-05-12","magnitude_pct":null,"summary":"Skywards gated First Class award redemptions behind elite tier status, closing the cabin to base-tier members","source_url":"https://www.themilesmarket.com/post/airline-devaluation-2025-2026-playbook","source_name":"The Miles Market: 2025-2026 Devaluation Playbook","last_verified":"2026-08-07"}],"_meta":{"source":"Miles Mosaic","license":"Attribution required. Free to reuse with visible credit and a link back; see https://milesmosaic.com/developers/terms/ for full terms.","canonical_url":"https://milesmosaic.com/devaluations/?utm_source=api","last_verified":"2026-08-08","as_of":"2026-08-22"}}