Three Reasons To Avoid The Points and Miles Game

From the desk of the Devil's Advocate... The Conventional Wisdom in our community is that anyone can learn to play the points and miles game, and if you're new to loyalty programs, you're undoubtedly eager to be like folks you've heard about who travel the … [Read more...]

Is It Ever Worth Paying The Second Year Annual Fee?

From the desk of the Devil's Advocate... When opening a new credit card, a big selling point is the waived first year annual fee. The banks hope you'll like the card well enough to hang onto it for the second year and beyond, paying an annual fee over and … [Read more...]

Frequent Flyer Programs, Transferable Points, and Competitive Pressure

Author note: This is a long post, but it's designed to generate discussion on how transferable points (Ultimate Rewards, Starpoints, Amex Membership Rewards and now Citi ThankYou points) are going to change how airlines set mileage redemption prices and … [Read more...]