
The Sunday Read: ‘The Man Who Turned Credit Card Points Into an Empire’
The Daily
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The Evolution of Credit Card Rewards and Frequent Flyer Programs
This chapter examines the intricate dynamics of credit card points and rewards systems, detailing how various stakeholders benefit from these programs. It traces the origins and evolution of frequent flyer programs, highlighting their development in response to deregulation in the airline industry and the growing competition for customer loyalty. The narrative also dives into the rise of travel hacking and the community's efforts to maximize rewards, revealing insights into the ethical considerations and challenges within this lucrative landscape.
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