Originally Posted by
jerry305
The wording is...
Subject to any applicable regulations, any stipulation of or
amendment to the contract providing for an expiry date on the rewards points
obtained by the consumer is prohibited.
I interpret that to mean that miles cannot expire, ever, due to inactivity or anything else, unless the regulations
they make up allow for it.
The key words are "expiry date".If it had said something like "no expiration" than that would also include expiration from inactivity.
All the bank's have their own loyalty program....I can't see that the bill's would mean that,even if you closed a bank's credit card....eg.Royal Bank Avion,that the points can never expire.
I think the bill's do not include points expiring with inactivity only that points cannot expire after a fixed time(even if the points membership remained open).