Quote:
Originally Posted by schooner
I wont get into too much detail, but I work for a company that issues air miles and I have crunched the numbers. If you only compare dollar for dollar, an air miles credit card against the market, it will come up short. However, if you are a somewhat dedicated collector, often shop at various air miles retailers, using your air miles credit card, and take advantage of promotions (for example spend 100 get a 100 at safeway or various promos run by bmo mastercard or amex) you will come out ahead.
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From what I remember, one of the best situations for Airmiles was for folks who filled prescriptions at Safeway. They had some crazy bonus offers and for folks with insurance it was basically free miles. My significant others parents participated in this with prescriptions and earned around 6 or 8 flights per year for free because they had several hundred dollars worth of medication per month. I think Safeway stopped giving away miles at the pharmacy last year sometime.