The Department of Transportation said it is opening an investigation into airline frequent flyer programs, accusing airlines of potentially illegal points devaluations and other accounting techniques ...

Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer protection probe. The Department of ...

Airlines often offer frequent flyer points to customers who book flights or make purchases through affiliated credit cards, allowing them to redeem points for perks like free or discounted flights, ...