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Frequent Flyer Cards and Annual Fees

Posted by Peter Brady on Thu 26th October 2006 at 06:00 AM, Filed in US Credit Cards

Usually an annual fee is charged on airline frequent flyer credit cards. This is almost always the case when a card is promoted jointly with an airline. Fee paying cards are almost an extinct species so why are frequent flyer schemes any different?

According to the industry the cost of running the incentivised cards is such that an annual fee must be levied in order for it to be profitable for the bank issuing it. I guess they would say that wouldn’t they! grin

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