This allows you to set your favorite portals (up to 8) and even allows you to set a specific value
for each loyalty currency.
Not exact matches
The card earns Membership Rewards points, the
currency in Amex's
loyalty program, which can be exchanged
for statement credits or cash back, used to book travel through Amex's travel website, or, to get the most value, transferred to any of 17 airline and three hotel transfer partners (transferable points are among the best).
In its recommendations the report concluded industry - wide guidelines be introduced relating to
loyalty currency devaluation to provide greater certainty
for consumers.
Here the cryptocurrency will not only be used as a
loyalty token but also as a
currency that will be used to pay
for services or
for any kind of exchange as the promotional rewards.
Companies are using various gamification techniques
for their customers such as
loyalty points, discounts, and virtual
currency to encourage them to be loyal to the brand.
Retailers could,
for example, give customers additional
loyalty points
for paying with virtual
currency or using a mobile wallet.
In order
for currency on a scale such as local community
currencies or
loyalty points to be linked to other
currencies, there is a need
for a method to provide a medium of exchange that allows
for the difference in scale.
StylePoints, an innovative digital
loyalty currency that rewards users
for opting - in to share their data with approved brands and publishers, has appointed London Advertising to spearhead...
The Momentum Token enables consumers to convert company branded
loyalty rewards into Momentum Tokens, which in turn can be exchanged
for other reward tokens or crypto -
currencies.
On November 13, Virgin Atlantic made major changes to the earnings rates,
currency value, and qualification requirements
for its Flying Club
loyalty program.
In fact, I already covered a lot of the negatives of Starpoints in my series last year on the downsides of all the flexible
loyalty currencies (see «Wait, Maybe SPG Starpoints Are The Worst Points Ever «-RRB- and I don't want to repeat myself here, even though that would make things super easy and I would be able get back to my primary task of waiting impatiently
for football season to start.
On November 13, Virgin Atlantic made major changes to the earnings rates,
currency value, and qualification requirements
for its Flying Club
loyalty program.
«While other
loyalty programs take steps to devalue their
currency, Best Western Rewards is actively seeking to enhance its customer value proposition,» said Dorothy Dowling, senior vice president of marketing and sales
for Best Western International.
We only had enough
loyalty «
currency»
for one coach airline ticket on Continental (now merged with United) and an overnight pre-cruise stay at the Waikiki Beach Marriott Resort in Honolulu.
I don't value any of the popular
loyalty currencies above 1.8 cents / point so as this promotion effectively earns me 2 cents
for every dollar I spend it's interesting.
Premium cabin travel doesn't have to be horrifically expensive nor does it have to be purchased with a
loyalty currency (Avios) if you're to get a good deal — you can easily pay more
for Economy Class fares to some of these cities so these Business Class fares really are very good indeed — especially the fare to Los Angeles.
British Airways has launched a flash sale on its Avios
loyalty currency that runs
for 3 days through to Thursday 26 May and which gives Executive Club members the opportunity to purchase up to 100,000 Avios with a 40 % bonus added on top.
Both
loyalty currencies cost around the same in the promotions but with MileagePlus miles you can avoid paying fuel surcharges when using them on United and a number of other airlines and, on top of that, you can purchase long - haul premium cabin awards on United
for fewer miles than you can on British Airways.
This could be useful
for spend in categories where none of your other credit cards offers a bonus — 2 Membership Rewards points are generally more valuable than one point / mile in any other major
loyalty currency.
The only thing that's different is the
loyalty currency you're using to pay
for the flight.
Also, there's nothing aspirational about earning a lot of Stars — there's no amazingly special coffee that you can buy with Stars (that costs too much to buy with cash)-- so where's the incentive
for people to collect Starbucks stars over any other
loyalty currency?
The advice here is general, and whats best
for you will depend on your circumstances such as where you live and where you fly, what cards you have, how you value the various
loyalty currencies, and what your travel goals are
for the next year or two.
With the exception of the two cases highlighted in green, American AAdvantage miles will be the best
loyalty currency to earn
for most people — and this is why:
For the time being, Starpoints remain the most valuable hotel
loyalty currency.
Hyatt points are among the absolute best
loyalty currencies in the world, offering their collectors the opportunity to not only stay
for free, but upgrade their hotel stays, or even flights.
Points earned through the Starwood Hotel's SPG
loyalty program are a very valuable and flexible award
currency for travelers.
All four operational Rove Hotels in Dubai including Rove Downtown, Rove City Centre, Rove Healthcare City and Rove Trade Centre join the
loyalty programme, enabling visitors and guests to earn Upoints, the
currency of U by Emaar, with one Upoint
for every AED2 spent, when they stay at a Rove Hotels property.
However, in November, we'll be renaming them as Avios points, which will be the
currency for all
loyalty and reward programmes owned by British Airways» parent company, International Airlines Group
Starpoints are the most valuable
loyalty currency in TPG's June valuations, and are easy to redeem
for both hotel awards and transfers to airline partners.
Valuation: Starpoints have been the most valuable
loyalty currency on this list
for a while, but a few unexpected uses of points recently has me valuing them even higher.
If your total costs after liquidation were 1 %, that would make
for an 80 % or higher discount on your travel, which is competitive with virtually any
loyalty currency out there.
From what my research tells me, current users will be given
loyalty and
currency rewards
for their time spent playing thus far.
Speaking with TechCrunch, AirAsia CEO Tony Fernandes laid out a plan
for the $ 3 billion company to develop a proprietary cryptocurrency that could replace its current «Big
Loyalty» rewards program and serve as a native
currency on the firm's nascent financial services platform.
Razer's
loyalty rewards
currency, zSilver, is still in play here — when you spend money at the store, you earn zSilver credit, which can be exchanged
for discount vouchers or even hardware / accessories.
The firm will produce a wallet in which users can hold both NAGA coin and fiat
currency, and users will also be rewarded
for their
loyalty in using the coin.
Each company can choose a name and various uses
for their tokens — these may include accepting payment; giving customers
loyalty incentives or contributors incentives
for contributing content, data or computing power; and / or as the
currency for a marketplace wherein customers trade with each other.
The end result is little to no value
for the end user over fiat
currency (
for day to day use) and in return, the
loyalty you get from the user will be superficial in nature.
Rakuten Coin is also the native
currency for the company's new blockchain - based
loyalty program.
Offering much more than just a debit card, Centra is creating an entire ecosystem so that cryptocurrency users can seamlessly navigate in and out of different types of crypto - and fiat
currencies and earn rewards
for loyalty.