Connect with us

Hi, what are you looking for?

Money And WelfareMoney And Welfare

Business News

United Airlines tweaks frequent flyer program to reward credit card spending

United Airlines plans to make it easier for customers to earn elite status through co-branded Chase credit cards, the latest airline to tweak its lucrative frequent flyer program to reward big spenders.

The airline isn’t changing overall requirements for elite frequent flyer status next year, a first for the carrier since the start of the Covid-19 pandemic. Instead, United said Thursday that in 2024, it will reward customers with 25 qualifying points for every $500 they spend on co-branded cards. Currently, customers get 500 points for every $12,000 spent. The carrier will also lift caps on credit card spending that can qualify toward elite status.

Travelers need 5,000 qualifying points plus four flights to get to silver status, the lowest level, or have a combination of flights and points.

Airlines reward their elites with perks such as free upgrades, when available; earlier boarding; and other perks.

But ranks of elite frequent flyers have surged in recent years as travelers continued to spend during the Covid-19 pandemic and airlines allowed them to hold on to their tier status even if they weren’t flying.

That has challenged airlines to keep their programs both exclusive and reasonably attainable and angered elites who are jostling alongside fellow travelers for upgrades or airport lounge access.

Delta Air Lines in September said elite status would be awarded solely on spend — instead of a combination of flights and spending — though last month it walked back some planned changes to its SkyMiles program and lounge access limits after customer complaints.

More from CNBC:

Mortgage rates plunge and demand finally inches backRetirement is overrated, Gen Z says, as ‘soft saving’ trend takes holdWhy working longer is a bad retirement plan

This post appeared first on NBC NEWS

You May Also Like

Stock News

In this episode of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest...

Stock News

SPX Monitoring Purposes: Long SPX 8/9/23 at 4467.71. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since...

World News

An hour before the public release of an indictment that alleges the former president of the United States led a criminal conspiracy to overturn...

Investing News

Description The securities of Melodiol Global Health Limited (‘ME1’) will be placed in trading halt at the request of ME1, pending it releasing an...