Sheraton General Manager Going to Prison and the History of Four Seasons

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About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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  1. “As one bank executive told me recently, airline credit cards are at a tipping point because banks now pay upwards of two cents each to buy those miles. “That’s close to unprofitable for us and very close to the point where banks may walk away” from the frequent flier game.”

    So true. I don’t think airlines realize the fine line they are toeing. It’s increasingly less justifiable for a consumer to “pay” 2 cents for a single mile with an airline or bank program (by trading off with any of the 3-4 2% cashback cards). I like miles to get to Europe in business. That’s usually a $2,000 ticket when on sale. Miles don’t get me leverage anymore.

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