Will Frequent Flier Programs Soar Higher?
June 17, 2008. Economists say there are winners and losers in every market. Luxury vacation rentals, for example, might fare well this summer as families look for ways to consolidate lodging, dining and entertainment expenses. Commodities growers and oil companies are seeing record profits, even though consumers are getting pinched. Will credit card companies benefit as more travelers look to frequent flier and points programs?
A recent article on Canada.com reviewed some valuable websites for uncovering "credit card bonuses," for example. The travel columnists particularly appealed to readers looking for flight miles, car rentals and lodgning points, much more so than free iPods or tote bags. Canadians have the upper hand in travel this summer, with favorable exchange rates with their neighbors down south. Snowbirds on their way up from Florida just might decide to linger in Michigan.
Travelers in the United States might want to check out FrequentFlier.com, a website that compares different reward programs for various airlines and credit card companies.
