ELAL is establishing new agreements with banks in the US. We are expecting to announce one of the agreements in the near future.
banks? plural? You guys don't seem to get it. One bank, one issuer, and have a solid program. From what I can tell, you have "Fly Card" arrangements with a gazillion different Israeli banks. United = Chase, AA=Citi, AS=BofA, DL =AX. And those are real airlines.
And none of your US competitors expire points 3 years after earning them, only if there's no activity in the account.