Home  Finance Articles  Discussion  Our Blog / Member Blogs           
SavingAdvice.com Logo Debt Reduction 101
Common sense tactics to reduce your debt
Teaching you to Save Money

Go Back   Personal Finance Forums > Financial Chit Chat > Personal Finance News, Articles & Blog Posts

Personal Finance News, Articles & Blog Posts Come across personal finance news, articles or blog posts that you really liked and want to share? Place them here.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 05-18-2004, 08:56 AM
jeffrey's Avatar
jeffrey jeffrey is online now
Administrator
 
Join Date: Apr 2004
Posts: 4,052
Last Blog Entry: Use Forum Points to Earn Prizes
Points: 372149.80
Donate
Default Airline Credit Cards That Don't Fly

The appeal of a credit card that earns even the infrequent flier a free trip on any of a dozen or so carriers is unmistakable, but some travel experts warn that such rewards can turn into fool's gold.

Credit cards that aren't affiliated with any airline's frequent-flier program — but which promise users the ability to earn free trips on a variety of carriers — have been around since the mid-1990s. Known as "fake" cards to the frequent-flier cognoscenti, they're marketed primarily to infrequent travelers who aren't loyal to any single carrier but who would like to earn a free flight every couple of years.

They offer lower annual fees than most cards affiliated with the airlines' frequent-flier programs, or, in some cases, no annual fees. They also typically charge lower-than-average interest rates on balances.

But Randy Petersen, a leading expert on frequent-flier programs, says unaffiliated travel-reward cards are a bad deal for most consumers. They lack the mileage earning power of airline-affiliated cards. And airfares now are so low that unaffiliated cards offer poor value relative to the rewards offered by other kinds of affinity credit cards...
[read more at usatoday.com]

to read mor about the advantages credit cards offer to people who pay off their balance each month, read the SavingAdvice.com article Credit Card Advantages
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Cost Of Bad Credit - More Than Credit Cards Rates jeffrey Credit and Debt 5 09-06-2007 05:02 AM
Debit Cards Versus Credit Cards marglo Personal Finance 16 09-30-2005 03:21 PM
Airline credit card pennywise Personal Finance 9 08-18-2005 10:34 AM
No Credit Cards vs. Credit Card Savvy henrybemis Personal Finance 7 02-14-2005 07:34 AM
An Airline Credit Card Dirty Secret jeffrey Personal Finance News, Articles & Blog Posts 0 09-24-2004 01:21 AM


All times are GMT -7. The time now is 09:01 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.
More Links Home Loan | Debt Consolidation Loans | Refinance Home Mortgage | Finance Options | Personal Loans

About Us | Advertising | Privacy Policy | Link To Us | Related Resources | Webmasters | Media | Site Map | Contact Us

Copyright ©2002-2008 SavingAdvice.com. All rights reserved.

Please read our Disclaimer

 

Featured Sponsors
IVA uk definitive guide
Bad Credit Auto Loans
IVA Forum
IVA Book
So what is an IVA?
Private Student Loans
Online Shopping
Dell Coupons
Credit Cards
Payday Loans
moving
Student Loans
Financial News
Online IVA guide
Cash Loans
Credit Card Processing
Back to School
Payday Cash Advance Loans
Debt Consolidation Loan
Apply Now for Personal Loans IVA Advice


Partners
Budget Stretcher
DivaTribe
Thrifty Fun
Money Talk
Online Personal Budgeting
Budget Dial