Article: Air Rescue: Saving Miles From the Ax.(Reflejos)

Billions of dollars worth of frequent-flier miles are going the way of many gift cards and product rebates, expiring unused by consumers or aggressively canceled by airlines.

Twenty percent or more of all frequent-flier miles may never be redeemed.

When programs began in the 1980s, miles had no expiration dates. In the mid-1990s, airlines put a three-year life on them. In the past two years, the rules have changed again at most U.S. carriers.

At American Airlines, United Airlines and US Airways Group Inc. any account that doesnAEt have activity for 18 consecutive months gets canceled. Delta Air Lines Inc. and Alaska Air Group Inc. give customers ...

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