Everyday Cheapskate: Whether you like it or not, you need a good credit score

If you willingly pay an annual fee for a credit card that earns air miles (most reward cards do come with a hefty price), you might want to re-think that decision. The problem is airlines are changing the rules to shorten the time before miles expire. Several years ago I learned this the hard way.

It looked like junk mail, but for some reason, I opened the envelope from United Airlines. Turns out it wasn’t junk, but I have a sneaky suspicion whoever designed this mailer hoped I’d toss it in the shredder. It was notification that my 38,000 MileagePlus miles would expire on New Year’s Eve if I didn’t activate my account by adding more miles to it before the stroke of midnight. Quite frankly, in the hustle and bustle of the season, booking a flight just so I could log a few more miles wasn’t exactly on my Christmas list.