Air Miles Are Worthless

Those of us who are frequent flyers would be well advised to check the status of whatever air miles they have accumulated - and spend them while they are still most useful.

Back in 2007 some bright spark at the Economist calculated that if all the air miles that had been issued were called in, the airlines would have to fly passengers continuously for free - for 25 years!

The usability of air miles has been going steadily downhill ever since - and the small print has been continuously fiddled with - more recently, big time.


New restrictions will apply from December 15, this year and as a result, air miles are going to be worth a lot less in the future than they are now.

The attached warning/explanation written by Merryn Somerset Webb appeared in last week's MoneyWeek.

To link directly with the MoneyWeek article, click here.