No Expiration (8/11/99)
FULL STORY:
One of best deals among VISA, MasterCard and American Express reward cards
just got better. As of now all major U.S. air carriers have dropped the mileage
expiration requirement from their frequent flyer programs. This week United
Airlines announced the change, following a similar announcement by American
Airlines last week. The nation's two largest passenger airlines were the lone
holdouts among all U.S. carriers. The recent changes should drive up consumer
interest in the bank credit card versions of United and American's frequent
flyer programs. Under the former program rules, consumers with annual charge
volumes under $10,000 could not cost-justify the higher annual fees associated
with United and American's co-branded bank credit card program. However United
Airlines said Tuesday that 'Mileage Plus' members' frequent flyer miles
will no longer expire, provided the members earn or redeem miles at least once
every 36 months. American Airlines also instituted the same requirement last week for
members of its 'AAdvantage' program. A qualifying activity, to keep miles
active includes taking a paid flight on the carrier or its affiliates; or
making a purchase with the carrier's co-branded VISA or MasterCard; or staying
at a partner hotel; or renting from a rental partner; or accepting a special
mileage offer from the carrier. United also announced Tuesday it will
reinstate 1998 expired miles to members who register and take either two paid
domestic roundtrips or one paid international roundtrip on flights operated by
United, United Shuttle or United Express. Under the new guidelines, all miles
in a Mileage Plus member's account through 1999 will be valid until Dec. 31,
2002 and will expire on that date only if a member has no qualifying activity
between Jan. 1, 2000 and Dec. 31, 2002. As of Jan. 1, 2000, a new 36-month
non-expiration period will begin each time a member has qualifying account
activity by earning or redeeming miles. Information on mileage reinstatement
and registration will be available tomorrow at
offers.mileageplus.com/mpw049
or by calling 1-800-645-4502 (enter promotion code 49). For more details on the
American Airlines AAdvantage program changes visit
www.aa.com or call 1-800-882-8880.