Is it worth it to pay $700 to buy extra miles/PQP in order to retain United gold status for next year? My partner and I fly ~6 round trips per year, several on Air Canada so we enjoy the lounges there.

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If you fly only 6 times a year, consider switching FF programs to a foreign airline like Turkish Airlines. With Turkish, once you have star alliance gold status, you only need 37,500 miles every 2 years to retain status. It gives you access to United and Air Canada lounges. You won't qualify for comp upgrades with United but you'll get 1 free bag at check-in, free lounge access, priority group 1 boarding and premier access.

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