Airlines are struggling like never before. So what's keeping them alive in the midst of a pandemic? investinyou (In partnership with acorns.)
American also makes money off some rewards cards that aren't branded, such as the popular Chase Sapphire Reserve card. Here's how that works: The bank purchases miles from the airline and then issues those miles to the cardholder as a reward for spending.
With U.S. passenger traffic down, airlines are offering big incentives to keep their most reliable customers loyal. United offered similar incentives for members of its MileagePlus program. The program's top flyers who have attained Premier status will have their benefits extended through Jan. 31, 2022.
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