Airline Cards Represent 38% of Co-Branded Credit Card Purchases
According to new research from Packaged Facts, airline cards make up over 38% of co-branded credit card purchases. Airline co-branded cards represented $379 billion of the $990 billion purchase volume of co-branded cards in 2018, an increase of 7.9% over 2016.
The seventh edition of the Co-Branded and Affinity Cards in the U.S highlights the prevalence of co-branded credit cards in America. Co-branded cards involve a partnership between a card issuer and a brand, such as a retailer or airline. For example, the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is a co-branded card from Citi and American Airlines.
Airlines represented four of the top ten co-branded credit card programs by purchase volume. That includes cards from American Airlines, Delta, Southwest Airlines, and United Airlines. American Airlines had particularly strong data; $3.1 billion worth of miles were earned and $3.4 billion in miles were redeemed in 2018.
If you are searching for an airline credit card, keep in mind which airline you are most likely to utilize in your travel. Most airlines offer enhanced rewards for booking flights directly through their website. Also consider which cards offer miles transfer programs, in the event you want to travel with another airline.
This entry was posted in Credit Card News and tagged credit cards , rewards cards , airline credit cards , airline miles , cobranded credit cards , Packaged Facts , co-branded credit cards , airline cards , reward cards , United Airlines card , American Airlines card , affinity cards , Delta card , Southwest Airlines card , reward miles
The information contained within this article was accurate as of September 25, 2019. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.