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I take your point Kristo, but in reality how many times have you been able to redeem your points for travel at peak times or on school holidays? Under the old scheme this was particularly frustrating if there were more than one of you wanting to travel at the same time with only limited frequent flyer seats alloctated on each flight. Under the new regime at least you have the option of using more airpoint dollars to travel at those peak times or spend less points to travel at less popular times. The flexibility and covenience offered by the new system would seem to more than compensates for any slight dilution of value in the points (which i do not concede is necessarily the case) if I am able to use the points on any flight I choose.
Not saying you are wrong Kristo but rather pay a little more points-wise and fly when I want rather than tailor my itinerary dictated by availability of frequent flyer seats. I think its a brave move by ANZ to try something different and time will tell how sucessful it will be
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