Recently, many of these loyalty rewards programs have come to the realization that they must change how they put these programs together if they are going to increase their share of the market.
One way that has changed over the years is how reward programs have started linking up with various partners to offer more types of rewards for it's members.
Competition between programs is fierce and this is where you, the consumer, can win. Benefits are increasing at incredible rates to lure you into their programs and it has become even easier to qualify for and accrue points for travel.
It used to be that only hotels and airlines offered these programs but now every kind of company and service is getting into the act.
Yahoo.com has decided to make an exclusive partnership with the Intercontinental Hotel Group for priority club members to manage their accounts online.
To earn more of your business and set themselves apart from others, credit card companies have partnered with specific air, hotel, and rental car comapnies to give their members access to awards through the use of tiered systems based on the amount of monthly credit and the type of business the cardholder has used.
Hotels and airlines have begun offering no blackout days as well as making it easier to upgrade your service as an incentive to join their reward programs. By partnering with other companies, they have increased their reward program's visibility thereby making it more accessible to other reward programs. Even the smaller budget hotels have begun initiating allainces with the larger hotel chains to redeem awards at the more upscale chains.
Amtrak has introduced Select Plus, a 3 Tier Level of their Antrak Gold rewards program which is partnered with Teleflora Flowers and The Rewards Mall to give you even more ways to earn bonus points.
MCI has partnered with Quixtar, and recently, more of the phone industry has followed suit with alliances of their own to win your business. It's not just about price anymore but what bonuses can do to make their service more appealing.
Travel award programs have begun to woo businesses from every field to strengthen their hold on the industry. So, before signing up for any program, first read who they are partnered with. By using the right program, you could earn faster rewards by using the same partners you buy from on a regualr basis, thereby getting maximum value for your dollar.
But, be careful. You don't want to go out of your way to buy things you don't need just to earn points. Research each program and compare the benefits. The rewards will come if you buy smart.
Barry Ferguson is known as "America's Saving Money Man". He is the author of two books called "How To Stop Wasting Money" and "The Saving Money Mindset", and has 15 years of practical, real world experience saving huge amounts of cash every time he shops! How much do you want to save? http://www.howtostopwastingmoney.com
personalized cleaning services Des Plaines ..Finding a stable and secure income that will come year... Read More
Now there are ways to save money in the grocery... Read More
With the advent of the internet and especially auction services... Read More
Today many women are struggling with debt and it's even... Read More
Most consumers are aware of the importance of their credit... Read More
At a time when the entire world's attention is focused... Read More
The first step to financial success lies in knowing your... Read More
ID theft is a major consumer concern, though there is... Read More
Identity theft is a serious crime that continues to grow.... Read More
Next to our physical health most of us are primarily... Read More
Single Mother's in need of Financial GuidanceBudgeting is key to... Read More
The gas that we fill our tanks with every week... Read More
For most of us the process of getting out of... Read More
Your food budget is the most flexible area of your... Read More
Can you really afford a house? If so, how much... Read More
1. Lighting & Light Bulbs Install low energy light... Read More
I have to admit, I do it too. I complain.... Read More
If you die without making a Will in the UK,... Read More
Ben Stein has a book called How to Ruin Your... Read More
I think most of us have at some point in... Read More
Many don't realize that our basic utility bills provide the... Read More
You've decided you want a bigger, better and more desirable... Read More
One universal of humanity, no matter who you are or... Read More
Has anyone been to the gas pumps lately? Soon $3... Read More
Address labels are many things to many different people. If... Read More
family-safe home cleaners Arlington Heights ..Before buying personal or business checks you should inform yourself... Read More
Are you a check fanatic? Don't worry, you aren't alone.... Read More
Six Scholarship judges were sitting around an oval table. Forms... Read More
The first step to financial success lies in knowing your... Read More
Holy Shenanigans! More STUFF?Loosing one's business due to lack of... Read More
Finding a stable and secure income that will come year... Read More
Most of us, especially those of us who have debtor's... Read More
**If it's Spam, it's a Scam!- If it sounds too... Read More
Confused about whether you can contribute to a Roth IRA?... Read More
As a parent you are bound to face a few... Read More
Many don't realize that our basic utility bills provide the... Read More
If You Have an Existing Account and 5 Minutes, You... Read More
Address labels are many things to many different people. If... Read More
Women are charged more for dry cleaning services. Don't fume,... Read More
In this age of information, keeping track of your finances... Read More
You've analyzed your past expenses, put them into spreadsheets, loaded... Read More
1. If you have your haircut every 3 weeks, try... Read More
ID theft is a major consumer concern, though there is... Read More
Here are some tips that can help you save money... Read More
Gas prices have soared to unimaginable heights of late. Since... Read More
I've been sharing the following idea with people for a... Read More
As the saying goes: "Buyer Beware". If you see ads... Read More
Future financial success is not a guarantee that any one... Read More
The cries are heard from the distance, "I need help... Read More
Many people spend their little income haphazardly without any planning... Read More
Personal Finance |