FrequentFlyerMiles
Which Credit Card Rewards Does the IRS Care About?
10:10AM 2/08/2012
Citibank recently sent recipients of a special frequent flier mile promotion an unwelcome surprise: a 1099 tax form indicating those miles are taxable income. Wondering if your other credit card rewards might be taxable too? Well, stop worrying.
We're Getting Taxed for Frequent Flier Miles? Thanks a Lot, Citibank
10:00AM 1/31/2012
It's tax season, which means the annual deluge of W-2s, 1099s and other financial forms. But thousands of Citibank customers will have an extra surprise in their mailboxes: 1099 forms reporting their frequent flier miles as income.
If you're a fan of frequent flier miles, and the carrier you fly most goes bust, what should you do? Stick with the airline, or make a change? Are your points still worth anything? Don't worry, American Airlines loyalists -- the answers aren't as grim as you might fear.
How the American Airlines Bankruptcy Will Affect You
3:30PM 11/29/2011
Flying during the holidays is a harrowing experience at best, and on Tuesday, American Airlines' customers got another thing to worry about when it filed for Chapter 11 bankruptcy. As the airline prepares to massively restructure itself, will its customers be left at the gate?
More road warriors using frequent flyer miles to get by
9:00AM 4/15/2010
When the Orange County Register recently broke a story about a former road warrior who is using his hotel and airline points to put a roof over his head, fellow frequent fliers quipped in an online forum that he's living out a "curiosity" for many -- on how long and well they could live off their...
We insist upon discounts for groceries, hotels, gifts, and just about everything else we buy. But what about eating out? How can you save when you're on the business end of a napkin?
Let's round up some of the primary methods and compare them.
The New York Times reports that while even complimentary mini bags of pretzels inch closer to extinction, airlines are dreaming up new elite categories for frequent fliers -- complete with perks and prestigious titles.
A quick sampling of the new clubs: Continental Airlines' Presidential Platinum...
Shrewd frequent fliers make miles on U.S. Mint's mistake
1:45PM 12/07/2009
The allure of frequent flier miles, or perhaps just the game of chasing them, has resulted in many inspired schemes taking advantage of thoughtless merchants.
According to the Wall Street Journal (subscription required), the latest deal comes courtesy of the U.S. Mint, and at a slight cost to the...
With an estimated 180 million members of frequent-flier programs and 10 trillion unused frequent-flier miles in circulation, what are the best airline rewards to spend your miles on? If you've done the right thing and accumulated most of your miles with one airline to maximize your redemption...
Realizing they can no longer gouge slow payers with rapid interest rate hikes and questionable fee practices once the new Federal Reserve rules take effect, possibly even sooner if the credit card reform bill passes Congress, credit card companies are looking to make up for their profit shortfall...
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| 10.50 | +1.10 +11.70% | 3.07M |
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