What is Dynamic award pricing?

Dynamic award pricing is a mileage price tied to the cash fare of a flight, which is why it moves daily instead of sitting in a fixed chart.

Also called: Dynamic pricing, Revenue-based awards.

How it works#

Under dynamic award pricing the programme converts today’s cash fare into miles. When the fare rises, the mileage price rises with it. Every redemption becomes a snapshot, and saving towards one specific trip loses its point because the target price never holds still. For personal maths this means the value of a mile comes only from the booking in front of you, never from a table.

Not to be confused with#

Dynamic award pricing is not the same as a devaluation: a devaluation is a one-off worsening of the rules, while dynamic pricing is a permanent link to the market that can move in either direction.

In German#

The German term is Dynamische Prämienpreise. German version of this term

Related terms#

• Award chart: An award chart is a published price list stating how many miles an award flight costs in a given region and cabin, independent of the cash price of that flight.
• Devaluation: A devaluation is a worsening of a programme’s redemption terms: the same award costs more miles afterwards, or it stops being bookable at all.
• Cents per point: Cents per point is the measure of a redemption’s value: the cash price avoided, minus any co-payment, divided by the number of points spent.

Articles that use this term#

• What is the difference between an award chart and dynamic pricing?
• What happens to my points during a devaluation?
• What is a point actually worth, and how do you work it out yourself?
• How does transferring points to an airline work?
• How do hotel award categories work?
• How does a distance-based award chart work?