Millions of customers risk losing all their hard-earned Airmiles thanks to a sneaky trick from the company that runs the scheme.
Airmiles has issued a “use it or lose it” warning to customers who have not accrued any additional miles in the last two years, telling them to start collecting in the next six months or their account will be closed.
Furthermore, customers wishing to redeem their free flights have been told they must pay a £30 handling fee if they have not accrued any points within the past year.
Con Airmiles
Around eight million Brits are members of the Airmiles scheme, which allows shoppers to collect points when they purchase goods and services which can then be redeemed for free flights.
The company is now writing letters to 1.7 million customers who have accrued more than 500 Airmiles but failed to collect any in the past 24 months that they risk losing them if they fail to collect at least one more mile in the coming six months.
The loyalty scheme has unsurprisingly come in for criticism over the issue, but Airmiles insists the measures are laid out in its terms and conditions.
Choose an Airmiles credit card
While there’s no doubting this is a less-than-generous act from the ‘loyalty scheme’, the good news for regular Airmiles collectors is that they won’t be affected.
If you’re looking to maximise the number of miles you can accumulate, why not consider opening an Airmiles-affiliated credit card.
Using these for everyday purchases and paying off the debt instantly is probably the fastest way to a free flight.
Two reward credit cards to consider
The British Airways Amex reward card will give you one Airmile for almost every £1 spent, and also allows you to collect up to 3,000 bonus miles in the first three months.
Alternately, the Virgin Atlantic Amex card gives you 3,000 bonus miles the first time you use the card and one Flying Club mile for each £1 spent thereafter.
Finally, it’s worth reiterating that the above cards are only a good idea if you are able to pay off the debt immediately, otherwise the sky high interest rates will more than outweigh the benefit of extra Airmiles.
The British Airways offering is particularly dangerous, with its 19.9% APR.