MilesBuzz! - Let's start an FT club to use Miles for Clients programs!




Brendan
Nov 8, 07, 12:00 pm
Many airlines & hotel co.s have a program by which a business can buy miles/ points (usually a min. of 100K) to be awarded to clients or employees. I believe some tCC operators are already doing this ;) , but it would be nice to have FT open such acct.s, which could then be used to top off our personal acct.s so we don't have to pay outrageous transfer fees nor hope someone has enough DC/ Amex/ e-rewards to put into our acct.s!

The only problem is that such miles cost money & re-selling them to FTers (even at cost) would run afoul of the tCC prohibition against cash transactions.


ttjoseph
Nov 8, 07, 12:07 pm
Perhaps it could be a charitable organization, with the proceeds going to some good cause. Donors could be incentivized to contribute with miles awarded. This is conceptually no different than a business awarding miles to its clients, or the various miles promotions on consumer products - the customers pay for the miles as part of the cost of goods and services purchased.

Brendan
Dec 7, 07, 3:05 pm
Bumpola!




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