Frequent Flyer Credit Cards Explained

frequent flyer credit card is a loyalty program offered by a credit card issuer often in conjunction with an airline. Typically credit card holders who own a frequent flyer credit card accumulate frequent flyer miles, kilometres or points depending on the amount spent on the credit card. The frequent flyer miles accumulated can then be redeemed for free air travel, other goods or services or better benefits including business or first class upgrades, access to airport lounges or priority bookings.

When choosing a frequent flyer credit card, borrowers should take the time to determine who long the expect it will take to earn enough points or miles to receive a free ticket. They can do this by simply dividing the average amount they spend on a credit card by the standard number of points required to earn a free ticket. For example if it takes 25,000 points to earn a free ticket and the borrower expects to receive 6000 points a year for their spending on a the credit card, then it will take the card holder approximately four years and two months to earn a free airline ticket (25,000 divided by 6,000)

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