Are those Frequent Flyer Mileage Credit Cards Worth It?
By Allan Hoffman
Monday, August 18, 2008
Are those frequent flyer mile credit cards worth it?
Well, the New York Times posed these five questions to help you decide if it’s time to switch to a different rewards program:
Two deal breakers:
1. Do you carry a balance - if yes, then don’t do it. Just work on paying off the card.
2. Do you have kids. Airlines limit the number of seats that overlap with school breaks.
These could be Deal Makers:
3. Do you have elite status? Airlines like that a lot
4. Are you a big spender for your business? Save the points and get pricier tickets later.
5. Do you value upgrades? They can still be used to get you into first class.
In fact, the New York Times reports U.S. AIR has stopped giving bonus miles for the Dividend Miles program who have elite statues
For the full story try this website:
http://www.nytimes.com/2008/08/16/business/yourmoney/16money.html?_r=1&em&pagewanted=print&oref=slogin
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