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Points, Miles, and Martinis says that instead of paying $150 to cancel and redeposit miles on an award ticket you don’t plan to take, you can change an award ticket to the least expensive mileage redemption you can find and then be out miles instead of money. Since I have no United elite status, I’ll incur a fee to get the 280,000 United miles redeposited back into my account. Instead, my plan is to change my ticket to an award that requires fewer miles, like a 5,000 mile Hawaii intra-island award. Apparently United will refund the difference in both miles and taxes paid. So if all goes as planned, I’ll receive about 270,000 United miles and about $200 back in taxes and fees. But I haven’t tried this approach yet so I can’t say for…

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