• Magical Disappearing Money

    Expiring Airline Miles Could Cost Consumers $28 Billion

    planenight.jpgIf 14% of the existing unredeemed airline miles are allowed to expire as United Airlines predict they will, the cost to consumers would be about $28 billion, according to the Chicago Tribune.

    So how do you keep your miles from expiring?

    There are lots of ways, the Trib lists a few:


    Some ways to keep from losing those hard earned miles:

    - Take a paid flight on the airline or an alliance partner (for example, a United frequent flier who takes a Lufthansa flight would qualify).

    - Redeem miles for a flight, upgrade or even a magazine subscription.

    - Use a credit card that awards frequent-flier miles. You can "buy a pack of gum for $1" and keep your account active, says United's Urbanski.

    - Stay at a hotel that offers miles in the carrier's program. If you usually receive frequent-guest points in the hotel's program, you will have to forfeit them at least for one stay.

    - Rent a car and ask to have miles credited to your program (though some car rental agencies will charge an added fee).

    Wonder how long you've got to keep those miles? Here's a list from Five Cent Nickel:
    AirTran: 12 months
    Continental: 18 months (though the airline claims not to enforce the policy)
    Delta: 2 years
    JetBlue: 12 months
    Southwest: 2 years
    United: 18 months
    USAir: 18 months

    How to save the faster-expiring miles [Chicago Tribune]
    Use 'Em or Lose 'Em: Frequent Flyer Programs Accelarate Expirations [Five Cent Nickel]
    (Photo:mrottler)

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