Earlier I posted that BMI has improved their earning for Diamond Club Gold members. Once they pass 55,000 status miles the excess status miles get converted to redeemable miles at a one to one ratio. Since BMI already has great earning rates in first and business classes this improvement means earning can be as high as 625% miles (not counting any promos or minimum mileage).
Initially there were some reports that the bonus would be limited to 25,000 miles. According to information posted on Flyer Talk there is no limit to the bonus miles.
For someone who flies a lot in first and business class, and is based in Europe, BMI Diamond Club looks very attractive. Great earning rates and decent redemptions (miles plus cash options in particular). I do, however, have a couple of concerns.
- BMI seems to have an uncertain future with ongoing difficulties financially and operationally
- There have been reports that award availability is being restricted for BMI Diamond Club members
Whether or not I choose to take advantage of this, I congratulate Diamond Club for this innovation. For once we have a real enhancement.