Star Alliance to Launch New Airline Credit Card

Star Alliance, an airline alliance with 26 members, is planning to launch a co-branded bank card, in line with a report by Bloomberg. The cardboard will permit customers to earn rewards that they will redeem with any of the alliance’s member airways, a primary within the bank card area.

Key Takeaways

Star Alliance introduced plans to develop a bank card that permits customers to earn rewards redeemable with any of the alliance’s 26 member airways.
The cardboard is ready to launch later this yr, however Star Alliance presently affords no particulars.
The cardboard could be a primary amongst airline bank cards and can compete immediately with its personal member airways’ co-branded bank cards.

Star Alliance to Enter the Airline Credit score Card Fray

Airline bank cards supply a variety of worth to frequent flyers, notably if you happen to usually journey with a particular airline or its companions.

At present, vacationers who’ve miles with one among Star Alliance’s member airways, a listing that features United Airways, Air Canada, Turkish Airways, and plenty of extra, can usually ebook flights on associate airways by way of that loyalty program. However it’s possible you’ll not be capable of benefit from the assorted candy spots associate packages supply.

With the brand new Star Alliance card, Bloomberg reviews that cardholders would be capable of switch rewards earned with the cardboard to any of the alliance’s airline rewards packages, supplying you with much more flexibility and potential worth.

Transferable rewards aren’t a brand new phenomenon. Bank card issuers like American Categorical, Chase and Citi have allowed sure cardholders to switch their hard-earned factors to associate airways and resort manufacturers for years, and Capital One has lately improved its personal switch associate program.

However none of these packages supply as many as 26 airline companions. Specifically, the cardboard can supply important worth to journey rewards lovers who wish to leverage their rewards to take pleasure in worldwide flights.

The cardboard is scheduled to launch later this yr, however there are presently no particulars on the potential sign-up bonus, rewards charges, annual charge, or different options. The cardboard would compete immediately with co-branded bank cards supplied by Star Alliance’s personal members.