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Stock impact report

United overhauls MileagePlus rewards program with major changes [FOX Business Network]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
United Airlines is shaking up its MileagePlus rewards program in a move that benefits credit card holders and leaves other travelers earning fewer miles. The Chicago-based carrier announced Thursday that starting April 2, travelers with United's co-branded credit or debit cards will earn significantly more miles when they book flights. Meanwhile, customers without a United card will have a lower accrual rate. Under the new structure, cardholders can earn up to twice as many miles per dollar spent on United flights compared to non-cardholders. For United's most frequent flyers – like top-tier 1K members who also use a United Club card – rewards can go as high as 17 miles per dollar on eligible flights. Meanwhile, general members without a United credit card will earn just 3 miles per dollar on most tickets. United also said that customers without a card will no longer earn any miles when purchasing basic economy tickets. "MileagePlus is designed to reward loyalty to United Show less Read more
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