United Airlines recently announced another round of changes to its MileagePlus award program. These include a variety of increases in award prices, a new variable scheme to replace Standard awards and new redeposit fee rules. The award devaluation is not as massive as United’s previous devaluation which became effective at the beginning of 2014.

While the last devaluation may not seem like very long ago for many travelers, by the time the new award chart takes effect on November 1^st, 2017 it will have been almost four years so in some ways we should be thankful that these changes aren’t even worse.

In the last three years, all the major U.S. airline frequent flyer programs have had devaluations. Delta has gone further than everyone else though, by removing its SkyMiles award charts early last year. The goal was probably to stop complaints about program’s frequent devaluations because if you don’t have a chart you may not know that the award levels have increased. But what they are doing now has completely changed devaluations as we know them. Read on to see what we have uncovered about upcoming changes and when they take effect.

Program devaluations are the bane of every frequent flyer. You go into this pastime with your eyes open. You study the program rules and award charts and make a plan to earn the miles that will net you award flights to your dream destination.

As an avid collector of miles and points, it won’t take long before you notice something: frequent program devaluations. Changes to award rates happen occasionally in some programs and all too often in others. You’ve got to be aware of what’s going on in the loyalty travel market so you can best utilize the miles and points you’ve earned.