Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Stock

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

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Vermont Sen. Bernie Sanders, 81, defended President Biden, 80, against voter critiques that he lacks the energy and vigor to continue leading the United...

    Investing

    Political advisers to both President Biden and Vice President Harris were reportedly annoyed with Democrat California Gov. Gavin Newsom over a planned debate with...

    Editor's Pick

    By the IoT Analytics team. A new report from IoT Analytics highlights eight notable trends helping to advance and promote digital twins. Four of...

    Stock

    A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo...

    Disclaimer: thefreedomright.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2020-2024 The Freedom Right. All Rights Reserved