Sick of Your Miles & Points Losing Value? You Can Thank The Banks For That
Airlines and credit card companies are in an arms race for customers, using ever-increasing welcome bonuses to lure in more travelers and keep profits churning. But with each new record-setting bonus offer, the points you're earning are getting less and less valuable. You can call it a devaluation and get mad at the airlines and hotels all you want, but in reality, we have the banks to thank...
