Thanks. Interesting. Someone they interview complains about "interest rates too high", and the reporter also says watch out for interest rates. Sounds like they need to do pieces educating people on sensible credit card use before they do pieces on airline mile cards. Why doesn't everyone realize that you want to keep your interest on a low-interest card (since you don't earn miles on interest payments anyway!) and then pay your mileage card off every month (using balance transfers to those lower-interest cards if you can't do it otherwise)?

That way it's pretty irrelevant what interest the mileage card (or any other kind of incentive card you use for daily purchases) charges!


[This message has been edited by Stefan Daystrom (edited 01-26-2003).]