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How This Founder Wants to Reward You for Paying Rent
Founder's Journal
The Importance of Loyalty Programs
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Airlines are really just loyalty programs and credit card programs that happen to lease airplanes. Once people get hooked on earning miles, the airline actually buys the miles from the loyalty program business. So when you use your credit card that transfers to United Airlines, for example, United Airlines is essentially earning a percent of the spend on every dollar that you spend on that credit card.
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