Editor's ChoiceCategories Credit Type Issuers Blog

Elite Rewards Account Closed Without Permission or Notification!

12/16/2010

A reader just recently sent us this email.

Does Affinion Loyalty Group Inc or Bank of America had the right to close my account without notification and without my approval? I spoke to both and they claim that a letter from BOA was sent out with the notification that the points had to be used by Nov 15th. We did not receive the letter nor did we recieve any emails or alerts of the change. I have been a card holder for 9 years and 11 months and have accumulated about 50,000 points which amounts to about $400 worth of gift cards. I went to cash those in yesterday only to learn that they closed my account. EliteRewards did not send me a statement after June and should have sent a Sept statement. This would have been their opportunity to share the news as well.

Update – I just dug up another similar complaint from my inbox!

I was very disturbed today to find out my points on my elite rewards card ending in 3203 which I have been using since had been extinguished in Nvember of this year with no opportuntiy to transfer to this new platinum plus card ending in 4482 that B/A activated without my consent on 10/30 because of some conversion. So not only did I forfeit my points accumaulated over 7 years I found out this new card was already opened when I went to activate it.

Not happy.
Michael Tormey

All I can say is that I suspect BOA have consolidated their Elite Rewards under their WorldPoints rewards. Even then, they should have rolled his points over to the new program. And I’m pretty sure that under their “fineprints”, they will say they reserve the right to do s**t like that. But this really sucks. Has anyone faced this problem and got your points back? We would like to hear your stories.

Airline Interiors To Get Better

12/15/2010

I have not been much of a fan of where airline comfort has been going.    There have been several major trends in airline seating over the last 20 years, and almost none of them have been good for the typical traveler who sits in coach.   Airlines introduced slimline seats, which really just allowed them to pack more people into the plane.   They also vastly upgraded their first and business class sections, which didn’t do anything for coach travelers.   Finally, they added seatback entertainment systems.   While some may enjoy those, I generally prefer a good book to hours of mind numbing television and low definition movies.   Worse, they have been placing large electronic boxes underneath the seats, further restricting legroom.    The first time I encountered one of these boxes I was fuming.  It was as if the airline decided to stow their luggage where my feet should go.

Finally, Some Good News

Over at the industry publication Aviation Week and Space Technology, there is a great article about Boeing’s new “Sky Interior”.     While it was to have been rolled out on new 787 model, its numerous delays meant that it is first being seen on Boeing’s oldest and most popular design in production, the 737.  What that means is that over the next decade or two, airlines will be replacing their 737s with versions that come standard with this new interior.

Why Sky Is Awesome

First, they moved the seat back pocket up above the tray table, giving passengers another 2 inches of legroom.   2 inches doesn’t sound like a lot, but that could be a 20% increase on some airlines.     Next, they moved the entertainment electronics box out from under the seat where it never should have been in the first place.   Furthermore, they also moved the inflatable life jackets to an overhead compartment, giving passengers unprecedented space.   Finally, they raised the height of the overhead bins so that people don’t have to crouch as much to access the window seat.  This is part of a general re-modeling of the interior that included LED lighting.

Who Has Sky?

Right now there are several discount carriers in Europe and the Middle East that are taking delivery of new 737s with the Sky Interior package.   These include FlyDubai, Norwegian Air Shuttle, TUIfly, JetAirFly.   China Eastern is also slated to receive aircraft with the new interior.    While there are no US based airlines that have announced deliveries with the new interior, don’t be concerned.   It is only a matter of time until airlines have to order new aircraft, and I am sure one of them will want bragging rights on being the first American carrier with this enhancement.   Update: It appear that Southwest airlines will have the new Sky Interior on it’s larger Boeing 737-800s that it just announced orders for.

What Is The Downside?

Every time a larger aircraft is introduced, or a more narrow seat, airlines initially offer more comfort.    For example, Boeing famously offered a piano bar in the original 747.  That didn’t last long.   Inevitably, airlines just cram more seats into their aircraft to maximize revenue.   While it is possible that the relocation of the seat back pocket might encourage some airlines to add another row or two of seats, the rest of the upgrades will not be conducive to increasing seat counts.    Simply put, they have no choice but to enhance passenger comfort if they go with this new interior.

The biggest downside will be timing.    Airlines typically operate aircraft for about 15-20 years before replacing them, although some airlines will run their aircraft up to thirty years or more.    The new interior will be a feature on the 737, and will be standard on the new next generation 747 and 787 models.   It is even possible that some airlines will refurbish existing aircraft, retrofitting key features of the new design.    Sadly, I think it will be several years before Americans will have the opportunity to enjoy this new configuration.

After decades of passenger squeezing, revenue enhancing changes, at least we are finally moving in the right direction.

Spend $1000 A Month – Discover More or Citi Diamond Preferred Rewards Card?

12/14/2010

I got this email recently from Dora:

Hi. i am new to credit cards, i don’t use them much; only to pay for my daughter’s education, however, due tot he many rewards i applied to two credit cards, discover cashback bonuts and the city diamond preferred? which credit card is best? i was dissapointed with discover. i’ve spend over $1,000 for the holidays but only getting $16 as cash back. thank you,

I probed further:

firstly, how much do you intend to spend on the card a month?
what sort of rewards are you interested in? cash, air miles, merchandize etc?
do you shop online?

Here was her reply:

i am planning on charging no more than $1,000 a month and I’m pretty good in not charging what i can’t afford. this month however, i will be added about $500 for xmas shopping. thank you so much for the advice.

Answer – Dora – both the Discover More Card and the Citi Diamond Preferred Rewards Card are good cards. But given the amount that you spend on the card, I would say that the decision depends on how you want to use the rewards.

With the Discover More Card, you earn cash rebates. You could also exchange the cash rebates that you earn for gift cards with a greater value than the cash rebates you have earned. They also offer you 5% cash back on categories that change once every quarter. They also have an online shopping portal called shopdiscover where you can earn anywhere from 5% to 20% cash rebates when you shop online with their shopping partners. Hence, if you are looking to earn cash rebates, the Discover More Card is probably the card to use. The other advantage of this card is that if you make use of their 5% rotating categories and their online shopping partners, you can earn more rebates (in points equivalent) than the Citi card.

The Citi Diamond Preferred Rewards Card is not a cash back card. But you redeem the reward points for travel, gift cards and merchandise. To redeem points for travel, you have to book them through Citi’s travel portal (which is basically powered by expedia.com). There are no blackout dates or any restrictions that used to apply with reward programs of yesteryear! The other difference with the Discover More Card is that you can only earn one point for every dollar that you spend on the card.

So to conclude, here’s my take. If you want to earn cash rebates or redeem for gift cards, the Discover More Card is the better card to use. If travel rewards are what you are looking for, then Citi Diamond Preferred Rewards would make the better card.

Note – Citi is no longer offer the Citi Diamond Preferred Rewards Card. It has been replaced with the Citi ThankYou(SM) Preferred Card, which essentially has the same features and the same reward program.

Discover® More Card

Are Airline Fees Good?

12/13/2010

That doesn’t sound like such a good question, but that is what Brett Snyder at the Cranky Flier would have you believe in his post “Why You Should Love Airline Fees”. His argument rests on the idea that fuel costs have created such a supply shock to the airlines, that they are forced to un-bundle services to sell of individually as ancillary fees.  After attempting following his admittedly strained analogy regarding a hypothetical television producer, I can only conclude that he feels that it is better to have these fees than to see airlines reduce flights and go out of business.

Who Is “You”?

I am a leisure traveler and a consumer advocate, not an airline industry insider like Brett, so my position is quite different.   Yes, I am left scratching my head as to why he feels that I should “love airline fees.”   It is only when I read the last few words of his post that his perspective became clear.  He concludes that “the a la carte pricing method is a good thing for this industry.”    I will grant him that it is an undeniable fact that this new pricing model has resulted in a more profitable industry.      Therefore, if the “You” in “Why You Should Love Airline Fees” refers to an industry CEO or stockholder, I have to agree with his conclusion.   That said, I always felt like his moniker, “The Cranky Flier” referred to the plight airline passengers, not their stockholders or executives.  Perhaps he’s changed his focus as he has gained recognition within the industry.

It’s About Price Transparency

To a consumer, there is nothing better than price transparency; the idea that you can quickly know what a transaction will cost you so that you can more easily choose the best product or service.   For example, when you shop at E-Bay or Amazon, you can sort the prices by “Cost + Taxes and Shipping”, rather than having to perform a myriad of calculations yourself.    The airlines have taken a relatively transparent market for airfares and made them hugely complicated.    If I want to fly a family of four to Colorado for a ski trip, I used to just find the lowest airfare.   Now, I have to estimate how much luggage my family will need, and reconcile it with the various airline’s policies for checked luggage; not a fun task.

A False Choice

Snyder’s insistence that airlines would have to cut routes and raise fares if they did not increase fees does ring a bit hollow.    For example, airlines still do not charge for checked baggage on international flights, yet they have been growing that sector of the market.    Besides if an airline did cut routes or raise prices, that would just entice new competition to fill the void.

Perception Of Value

As a pilot, I could argue the fuel costs incurred by the marginal increase in payload are an order of magnitude less than what airlines are charging for checked bags, but I don’t have to.     Consumers are not stupid, they know that it doesn’t actually cost an airline $50 to check a bag, or a $150 to use their web site to make a change to a booking.    Often, they find it more expensive to check two bags on Delta than their entire ticket costs on Southwest.    This is great for Delta, but bad for consumers.   Ultimately, people are viewing airlines very negatively when they are charged outrageous fees that bear little or no correlation to the service provided. It cannot be good for the industry when so many airlines join the ranks of the cable company or Ticketmaster as the worst companies in America.

Fragmentation Of The Market

Let’s face it, not everyone hates fees.   I used to travel for business every week.  Back then, I couldn’t care less what the ticket cost, so long as my boss didn’t care.   In fact, when I put the airfare and fees on my mileage earning credit card, I was glad to pay more.   If I were a business traveler today, it wouldn’t bother me at all to pay luggage fees, priority boarding fees, or change fees.   Just as long as I was reimbursed by my company, these fees would be just another line item on my expense report like lunch or a taxi ride.   While business travelers represent a sizable proportion of travelers, they represent an even greater percentage of airline revenue than their actual numbers.    The airlines know this, and it seems like United and others are just hoping to cater to this niche of business travelers, leaving the leisure travelers to fly Southwest.   United knows that status holding business travelers rarely check bags, and usually have these fees waived when they do.   The a la carte model may just end up further bifurcating the market between leisure airlines like Southwest and Jetblue, and business oriented airlines like Delta and United.

In Conclusion

Snyder makes very good points as usual, however I am just not sure of his perspective anymore.  The industry is also making profits while earning a black eye with the public.     Fees may work for most airline’s bottom line, and they may even work for some of their business customers, but when you are paying for your ticket from your own savings, I can’t see any reason to love these fees.

Citi ThankYou Preferred Card Review – Opportunity To Get 90,000 ThankYou Points

Citi ThankYou(SM) Preferred Card Review The Citi ThankYou(SM) Preferred Rewards Card – $250 in Gift Cards is Citi’s new card is appears to e replacing the old Diamond Preferred Rewards Card. It also comes with a swanky new design. So let’s explore this card in greater detail. Right now, this card is offering a whopping 25,000 bonus points for new card applicants. Furthermore, we will also highlight an opportunity to potentially get 90,000 bonus ThankYou points. Read on.

Rewards – The Citi ThankYou(SM) Preferred Card allows you to earn one point for every dollar that you spend on the card. These points can be redeemed for products on Citi’s ThankYou Rewards.

Bonuses – At present, new cardholders can get 25,000 bonus points after spending $5,000 within the first 6 months. .

Fees – There is no annual fee for this card.

ThankYou Rewards – For those of you who are not familiar, the Citi ThankYou Network is Citi’s Reward program that allows you to redeem points for rewards like merchandises, gift cards and travel rewards. The way the travel rewards work is that you book your travel through their online portal. You can then choose to pay with reward points, your credit card or a combination of points and cash.

Citi ThankYou Versus Other Rewards Card

Let us now compare the Citi ThanYou Preferred Card against it’s peers and we’ll start with looking at other CitiCards like the Citi Forward Card and the Citi ThankYou Premier Card.

Versus the Citi Forward Card – The Citi Forward Card is also based on the same reward program. So the rewards are the same. But the way you earn points are slightly different. With the Forward Card, you earn 5 points for every $1 spent on restaurants and entertainment and 1 point for other regular purchases. Hence, the way that you earn reward points are slightly different. In terms of earning reward points for the long term, the Citi Forward Card might be more appealing because you can earn more points with restaurant and entertainment spending.

Against the Citi ThankYou Premier Card – The “Premier Version” of this card is an upgrade and the comparison really isn’t apples to apples because it has a $150 annual fee. But you earn 1.2 points on things like gasoline, supermarkets, drugstore purchases etc. You also earn Citi Flight Points for every miles that you fly in addition to the miles that you earn with your airline ticket. They do not charge any foreign transaction fee. And every year, you get a free companion ticket (domestic). If you book your flights with Spirit (their travel agent), you get a 15% discount. If you are a real frequent traveler, then you should consider the Premier over the Preferred version.

Versus the Chase Sapphire – Another card worth comparing with is the Chase Sapphire. It is Chase’s no annual fee reward card. Like the Citi ThankYou Preferred card, you earn one point for every dollar that you spend on the card. But you also get to earn double points when you make a travel purchase through Chase Ultimate Reward program. Chase also allows you to book directly with the airlines or use any online travel agents and use your points to cover those travel expenses. Other than that, the reward programs between both cards are really quite similar.

Versus Amex Blue – The Amex Blue is American Express’s general reward card. Like most reward cards, you can earn one point for every dollar you spend. On the travel front, you can use your Membership Rewards points to book airlines and hotels with Amex online travel portal. I also think that the Amex Membership Rewards has a greater variety of rewards and in the gift card section, it provides more bang for the buck. For example, 1,000 MR points gets you a $10 gift card whereas with the Citi ThankYou Network, you need 12,500 for a $10 gift card. From this perspective, Amex comes out slightly ahead though many folks will have legitimate concerns that Amex is not as accepted widely as a Visa or MasterCard.

ThankYou Preferred vs Discover Miles and Blue Sky – For those looking to reward cards for travel, another genre of cards exist whereby you are allowed to book your travel with any online agents rather than through a reward program travel portal. The advantages of such cards is that you are free to get the best deals. You can also use points for SouthWest bookings (since SouthWest is not on any travel portals and you have to book directly with them). Both the Discover Miles Card and the Blue Sky from American Express work this way and they are better than the Citi ThankYou Preferred Card if you fly SouthWest.

Citi ThankYou Preferred Card – Our Opinion


Verdict – The Citi ThankYou(SM) Preferred Rewards Card – $250 in Gift Cards is a rewards card that I think will be suited for those who would like to earn reward points for travel. The flexibility to book whatever flight you want on their travel portal means you have flexibility over how you book your travel. Earning reward points this way is also the better way to go if your airline tickets that you would like to redeem for cost less than $300. Most frequent flier programs now require at least 35,000 to 50,000 just for a domestic airline ticket redemption and earning frequent flier miles ain’t what it used to be.

Aside from their travel rewards, Citi also has a good program for other rewards like gift cards etc. With no annual fee, and incentives like being able to earn double points for the first year and a pretty good balance transfer deal, this card will appeal to those looking for a rewards card.

Expedia Hotel Reviews Are Officially Worthless

12/10/2010

I like to use Expedia to book hotels due to their handy Best Price Guarantee.   All you have to do is call them and tell them that you found a better price at another website and after they have verified it over the phone and immediately match the price and give you a coupon for $50 your next hotel stay.

That Is Not The Only Way To Get A $50 Off Coupon

According to this article in The Consumerist, Expedia has also been offering $50 off coupons for removing negative reviews of hotels.   I am not surprised.   I have never seen a negative review of a hotel in Expedia, and because of that I long ago stopped reading them.    When booking a hotel, I will always have Tripadvisor up on another tab of my browser.   Tripadvisor is not perfect, but there is no shortage of negative reviews there.    According to the article, multiple people have reported attempting to post a negative review of some truly hideous hotels, and Expedia refuses to post them.    It is really unfortunate that Expedia just doesn’t get how consumers react to negative reviews.

Since no product or service is perfect, I am always extremely skeptical of any review site that does not show negative reviews.   Someone will always have a problem with something and post it.  The existence of a negative review or two actually increases the likelihood that I will book a particular hotel as it lends credibility to the positive reviews.    Often, the negative review highlight problems that do not effect me.    For example, many hotels in the Colorado high country lack air conditioning.   If you read a slew of negative reviews about such a property due to their lack of air conditioning, would that effect your decision to book the hotel for a ski trip?     Likewise, if they are unfriendly to pets, what do you care if you are not traveling with one?

In Conclusion

Expedia is a great place to book hotels with a best rate guarantee.    They also have great tools for managing your various itineraries.    Just do not try to rely on them to provide unbiased reviews of their properties.

Web Site Review: Credit Sesame

Credit Sesame is a new type of personal finance web site that I have not yet encountered.     The closest analogy I have found is a loyalty point tracking site like Award Wallet.  With a service like Award Wallet, you can enter your account information directly into a single site, and that site will then automatically pull data from each company.    You can think of Credit Sesame like Award Wallet, just using accounts with real money as opposed to loyalty points.

Much More Than A Tracker

While a loyalty point tracking site is useful, Credit Sesame is designed to provide far more functionality.   Once you have set up your profile and entered your account information, Credit Sesame will pull your credit score, analyze your financial position, and even offer products and services to improve your finances.    It can even do things like look up your home value and your debt to income ratio.

How Did It Work For Me?

I signed up and found that the information input to be very easy.   You have the option of giving them your social security number and account information or manually entering your loan and payment data.    When you have finished, Credit Sesame quickly goes to work populating the remaining data from your account information, generating charts, and producing new advice.

My regular readers know that I am someone who has very little debt.   There is my house, and that’s it.   My cars are paid for, and my credit card bills are paid in full every month.    Simply put, I am probably not the target market for a product like Credit Sesame that is geared towards helping people manage their debt.    Nevertheless, Credit Sesame can produce advice on my mortgage as well as offer me new products.

To gain a more thorough understanding of the site, I set about to manually enter some more debts that are typical of the average American.  I was easily able to enter automobile loans, student loans, and credit card payments.  Credit Sesame was then able to offer me various proposals for refinancing my (imaginary) debts.

What Else Is Out There?

Credit Sesame offers “What If” modeling.    Say you are trying to raise your credit score.   With What If modeling, you can find out how a higher credit score would effect your various offers.     Another idea would be to change your income level and see how that changes what offers you might be qualified for.   I can easily imagine a family using this tool to consider if it is worth it for one person get a second job, or to have a second wage earner go to work.   You could also look at this the other way around.   What if someone wants to stop working and go to school.   How would the income loss effect their family’s current financial situation.   No matter what you are thinking of doing, it seems that there is a way in Credit Sesame to take that into account and project into the future how your financial situation would change.   Think of it like a giant Excel spreadsheet.   You can change one or more variables and allow the consequences to filter through to your entire financial picture.

You can also set up alerts to let you know when something in your financial picture changes, such as your credit score, your credit usage percentage, and your equity percentage.   In this capacity, it behaves kind of like a credit monitoring tool, but with much more granularity with respect to the user’s ability to choose precisely which metrics he or she wishes to be notified regarding.

Who Is This Tool For

With the majority of American households carrying some form of credit card debt, this tool has a broad application.   It is not uncommon for people to have several credit card, automobile, and student loans at the same time.   I can only imagine how difficulty it must be to track it all and make sense of it without a tool like this.     The more sources of debt you have, the more a tool like this can assist you in managing your finances.   Beyond that, this tool can alert you to offers that may be able to help you reduce your payments or retire your debt more quickly.

It is not magic, nor does it claim to be.   There are no promises to make your debt disappear.   Instead, you can think of it as having a CFO in charge of your personal corporation.   Credit Sesame is in charge of presenting all the facts and figures to you, the CEO in an easy to digest format.    Then, this service will present opportunities to you for your consideration.   For millions of Americans who come home every day to a mountain of bills and statements, this could be the single most important financial website they log into.

Outlook For The United Continental Merger

12/09/2010

United is, by far, the most dreadful airline to disgrace the skies of this country.  Their management is the pits, and their employee dissatisfaction is rivaled only by that of United’s customers.  It has been said that an employee will never treat customers any better than they are treated by their management, and United Airlines seems dedicated proving that axiom.    Like breeding a mutant zombie with an average human, the offspring of the United/Continental merger cannot possibly be as bad as United had been.   Conversely, it is the customers of Continental that clearly have the most to loose.

Brett Snyder, AKA The Cranky Flier, has a recent post about the prospects for the combined carrier’s fleet consolidation. It is his observation that Continental, under the leadership of Gordon Bethune, has rapidly upgraded the in flight product of it’s fleet, while United is year and years overdue in it’s upgrades and repainting of its airliners.   That said, I take offense his analogy of United with the Cessna Skyhawk, while comparing Continental to an F-16 fighter.   As someone with hundreds of hours of time piloting and instructing in the Skyhawk, I know that Cessna’s product, while not fast, is reliable and efficient.    Those two words are rarely used to describe United’s operations.

What The New United Really Needs

Imagine if you asked for a glass of water at a restaurant from your server.    The server acted like you were bothering her and told you to ask the busboy.    The busboy said it is not his job, and told you to speak to the host.    The host said she couldn’t help you, but perhaps you could ask another diner for their water.   That is the kind of mind-boggling customer service failures that are the norm, not the exception at United today.   It is the central theme in many United failure stories from Dave Carrol’s “United Breaks Guitars”,  to a multitude of FlyerTalk threads, to my own personal experience.  Painting and upgrading aircraft interiors are needed, but the airline will not have a chance at winning back my business until it undergoes a radical shift in it’s customer service.

If I were in charge of turning United around, I would start by implementing comprehensive service training to all customer facing staff.    No longer would staff be able to tell a customer “it’s not my job.”   I am sure that some of their staff is simply not up to the task of providing competent customer service.    If a non-customer facing position is not available to such a person, it is probably time for that individual to seek a new line of work.

While I think compensating elite level travelers has to continue in some form, I think there should be greater emphasis on treating all customers a little better.    Simply put, United has become a two class airline, with staff occasionally making some attempt to treat their elites well, while treating on-elite passengers with contempt bordering on disdain.    It needs to be drilled into everyone’s head that every elite level passenger was once a non-elite.   You never know who is an elite on another carrier that is considering taking his or her business to your carrier.

United needs to distinguish itself from the pack somehow.  Currently, United is known for terrible service, Starnet Blocking and fees, fees, and more fees.    Other than Economy Plus there really is nothing at United that is better than another carrier.  If United could bring back one small perk from the old days, such as free food, a free checked bag, or even free same day standby, it would win fans nationwide.  If it were up to me, I would have them join Southwest in eliminating change fees.

Simplify

One of the most difficult things about dealing with United is all of their rules.   Understanding their frequent flier program, their upgrade policies, or even redeeming a voucher requires an in-depth study of their kalfk-esqe rules for everything.    It is even more absurd when you have to deal with their poorly trained, outsourced, overseas call center staff who has even less understanding of the rules than you do.   It doesn’t have to be that way.    Someone needs to look through all of their rules and eliminate as many as possible.   It would save both their staff and their customers a huge amount of training and headaches.

Turning around a behemoth as big as United and Continental will be a monumental task.   Many industry observers, like the Cranky Flier, seem to feel that Gordon Bethune is the right person  for the job.    For the sake of United’s customers and staff, I hope he is right.

Get The Best Rate When Booking Multiple Seats

12/08/2010

One of the drawbacks of family travel is that you have to book several seats at once.     What you will often find is that the lowest fare is not available for as many seats as you would like.    These days, many airline and travel sites will even claim that you should hurry and make your purchase as “there are only 2 seats left at this price!”     This seems ripe for a lawsuit as prices and availability fluctuate all of the time.

Families Making Multiple Bookings Get Screwed

Nevertheless, the number of seats available at the lowest price might be lower than the number of travelers in your party.   When that is the case, the airline will actually quote the higher fare for every member of your group.    For example, if there are three people in your group, and there are only two seats available at $500, a search for three seats might return a rate of the next higher fare, say $600, for all three seats.   The unsuspecting travelers have just overpaid by $200.

How To Ensure You Get The Best Available Fares

When booking more than one ticket, try searching for an individual fare before making the final booking.   If the fare for a single traveler is lower than the fare for multiple travelers, you should keep increasing the number of travelers until you find out how many seats are being offered at  the lowest price.    You can book those seats in a separate transaction from the higher fare seats, saving the fare difference.

Some Potential Downsides To Multiple Purchases

There is a very small possibility that having a group traveling on multiple tickets could cause a problem.   For example, if a flight is canceled, the airline might try to split up the group when rebooking.    To avoid this, call the airline after booking and ask to have your PNR’s linked.    The PNR is the passenger name record.   Basically, it tells the database that these people are traveling together.    Also, it would be a good idea to include any minor’s on the same ticket as an adult, just to avoid even the slightest chance of a problem.

This Trick Works With Award Bookings To

With award inventory being incredibly scarce, and most airlines instituting multiple award tiers, it is very easy to get a quote for an astronomical amount of miles when trying to book multiple award tickets together.    Just like when you pay for a ticket, you should search on the award individually to see if you get a lower rate in miles.

In Conclusion

The airlines have an infinite number of tricks to separate you from your dollars and miles more efficiently.    Once you understand how they price multiple bookings, you can use their tricks against them to ensure that you pay the lowest price.

Wikileaks Supporters Attack Mastercard, Kind Of

Yesterday, I wrote about how the Wikileaks controversy is affecting Mastercard. Mastercard had stopped forwarding payments to Wikileaks, which by itself is a controversial move.     One of the top stories today is about the hackers who are supposedly bringing down Mastercard’s operations.   Many of the reports I have read have accurately described the target of the attack as Mastercard’s webiste, Mastercard.com.    Indeed, I have been unable to reach that site all day.

So What?

Realistically, nobody really needs to visit Mastercard’s website, which is only filled with delightful corporate information about themselves and some questionable advice on debt. This is a far cry from what some web sites are claiming, an actual disruption of credit card processing.   Take a look at this alarming, and false, headline at The Raw Story:

Don’t be fooled into thinking your Mastercard will actually stop working.   By “Mastercards” they mean the Mastercard.com web site, not your actual card itself.   The article itself states that “The company said its customers could still use their credit cards for purchases”.    That one statement makes the point of the entire article moot.    What do you need a Mastercard for, if not to make purchase?

What About SecureCode

The article does say that the SecureCode service is experiencing an outage.   For this article, I had to look up what SecureCode is.    As someone who writes about credit cards every day, the fact that I wasn’t aware of it’s existence should tell you something about how important this service actually is.   Even though Mastercard’s site was down, I was still able to learn through Google’s cache that SecureCode is a system where you get to enter a unique code every time you make an online transaction.   Sounds like a cumbersome inconvenience with no real benefit to cardholders.   No wonder I never heard of it.

Will Visa Or Paypal Be Next?

As I write this, both Visa.com and PayPal.com are both up and running normally.    Visa’s website is like Mastercard’s, just a bunch of corporate information.    Nobody is going to suffer if we can’t read about Visa for a few hours.    PayPal, on the other hand, depends on it’s web site for nearly 100% of it’s transactions.   If PayPal goes down, E-Bay and other services that depend on PayPal transactions will be in a world of hurt.   That said, I would expect PayPal, as a quasi-banking site, to have a far more robust infrastructure than Mastercard’s little used, information only web presence, or Visa’s for that matter.

More On Wikileaks And The Corporate Morality Of Credit Card Processors

Yesterday, I noted that such infamous organizations as the KKK take Mastercard, yet Wikileaks has now been kicked off the payment processor’s network.   Today, Techdirt noticed another company that are still happily doing business with their bank, DynCorp.   Apparently the Wikileaks cables show that this particular company has been complicit in child prostitution in Afganistan. My point is that if we are going to ask Mastercard or any other bank to stop doing business with companies or organizations that do bad things, Wikileaks should hardly have been at the top of the list.

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