Originally Posted by ned
I think the small credit card points collectors will move to the cash back cards. I have seen this with friends, even some that do quite a bit of travel. Cash is easy to quantify.
Actually, more than just the small credit card point collectors are moving to the cash back cards. I have moved to pseudo cash back card where I can covert points into cash in relatively small increments.
My motivation? I have over 300,000 miles combined in 4 accounts. My husband and I nearly always pay for our tickets to achieve the silver or the gold level. Our children travel only 3 times a year, about 50% on award tickets. So the balance stayed at 300,000+ for last few years. It is time change the credit cards to get cash back. Hopefully, the mile balances will start dropping.
I believe that the FF program will still be there but there is no reason to accumulate more miles than you need.