History of Airline Credit Cards
Airline credit cards have not been around for as long as you may think. In fact, they are a fairly new option available to credit cardholders. Nonetheless, airline credit cards have quickly gained in popularity and can be found partnered with every major airline.
The First Airline Credit Card
The first airline credit card to be offered to consumers was the City AAdvantage MasterCard. When it came out, the card allowed consumers to earn miles with every purchase made. These Miles can then be redeemed for free air travel through a variety of airlines. This map remains one of the key players in the airline industry credit card. Today, you can redeem your airline miles with over 25 different airlines. In addition, you can redeem miles for discounts at many hotels and car rentals.
Airlines follow
Knowing what a good idea airline miles credit cards was started, airlines following suit, and the partnership with credit cardCompanies to create their own airline credit card. The United Airlines Plus card was next. This map was the first airline credit card to be specific to an airline. Although the card does not offer the flexibility to receive discounted tickets to a variety of airlines, which traveled frequently on United Airlines United Airlines enthusiastically welcomed this credit card.
Not to be outdone, put his own airline Continental Airlines credit cardContinental Airlines World MasterCard, shortly after United Airlines. Both airlines still offer their own airline miles credit cards, but their own special incentives for them from the competition. Today, United Airlines offers the upgrade Plus Signature Visa Credit Card 17,500 bonus miles after first purchase with the card, a certificate for a free one-way mile 1000 a class, and a $ 25 certificate for discount travel. The Continental Airlines WorldMasterCard offers 15,000 OnePass bonus miles after completing your first purchase. In addition, you can earn double OnePass miles with purchases made at Continental Airlines and with partner merchants and a 5% discount on Continental Fares purchased at their website using the card.
Airline Miles Credit Cards Today
Today, airline credit cards are in abundance. Every major airline has partnered with a credit card company in order to bring their own airline credit card to the Consumers. In addition to winning the competition and retain customers is having a tough one. Therefore, airline credit cards offer a range of incentives, bonuses and special deals to lure customers into purchasing their credit cards.
In addition, the number of "generic" airline miles credit cards is on the rise. It is not unusual for an airline credit card, to allow the consumer of over 200 airlines credited to choose when redeeming miles. Many of these airline credit cards alsoprovide additional reduction options, such as hotels, rental cars, vacation package and discounts that can be purchased with accumulated miles.
The future of airline credit cards
The competition is so strong when it comes to airline customers and credit card customers, the future of the airline credit cards looks bright for consumers. In all likelihood, the number of incentives and premiums continue to rise in order to draw in new cardholders. A trend that begins now,developing, are particularly low APR and annual fees. Traditionally, airline miles credit card annual fees and annual percentage rate was high, as compared to credit cards without rewards programs. While this remains true, are offering more and more competitive airline credit cards from APR and annual fees for the termination in an attempt to attract more customers.
One thing is certain: airline miles credit cards are still popular with consumers, especially for those who can pay off theirBalance in full at the end of each month and fully take advantage of the special rewards.
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