There’s an old adage among people who regularly invest in the stock market. Depending on who you talk to, it will sound slightly different but it goes something like this: “Never trust airlines and ______” the last word depends on the particular investor. Many investors say autos. Others say the movies but almost all of them mention airlines.
What does this have to do with airline miles credit cards? You’ll find out but first, let’s take a look at what an airline mileage credit card is. With the large and diverse offerings of credit cards, one can find a card with just about every perk imaginable, but the airline reward credit card was the first rewards-style cards on the market.
These cards give you rewards points based on your purchases in the form of substantial discounts on airline tickets. Some card issuers will give you frequent flyer miles for the… Read the rest