Stock Markets February 19, 2026

United reshapes MileagePlus to favor co-branded cardholders, cuts earning for others

Airline boosts rewards and point-redemption value for card users while tightening mileage accrual for non-card members, effective April 2

By Sofia Navarro UAL
United reshapes MileagePlus to favor co-branded cardholders, cuts earning for others
UAL

United Airlines announced a redesign of its MileagePlus program that enhances rewards for customers who hold a United co-branded credit or debit card and reduces mileage accrual for members without such cards. The changes, effective for tickets bought on or after April 2, are aimed at encouraging greater adoption and use of United's card products.

Key Points

  • United will allow primary MileagePlus cardholders to earn up to two times as many miles per dollar on United flights compared with non-cardholders; changes apply to tickets purchased on or after April 2.
  • Cardholders will get at least a 10% discount when booking tickets with points or miles, while members without a co-branded card will earn fewer miles and will not earn miles on basic economy fares unless they hold a card.
  • Sectors affected include airlines and financial services - specifically airline loyalty programs, co-branded credit card portfolios, and payment partners that purchase frequent-flyer miles.

United Airlines is changing the structure of its MileagePlus loyalty program to increase benefits for travelers who use United-branded credit or debit cards and to reduce mileage earning for members who do not hold those cards.

Under the new rules, primary MileagePlus cardholders will be eligible to earn up to twice as many miles per dollar spent on United flights compared with members who do not carry the co-branded card. These enhanced accrual rates and other benefits will apply to tickets purchased on or after April 2.

In addition to higher mileage earning, cardholders will receive at least a 10% discount when they book travel using points or miles, United said. The airline framed the program update as a move to reward frequent customers who use the airline's payment products.

"MileagePlus is designed to reward loyalty to United, and our best customers deserve the best benefits in the industry," said Andrew Nocella, United's chief commercial officer.

The revision also imposes stricter earning limits for members who do not hold a co-branded card. United said MileagePlus members without the airline's credit or debit card will earn fewer miles on flights. The policy further states that general members who do not carry a co-branded card will not earn miles on basic economy tickets.


United positioned the overhaul as a way to drive greater adoption and use of its card portfolio. The company noted that, across the airline industry, loyalty programs have become significant profit centers, with carriers earning billions annually by selling frequent-flyer miles to banking partners associated with those credit card programs.

Separately, promotional material associated with the original notice highlighted an investment research product that evaluates United Airlines under the ticker UAL. That material stated the product, ProPicks AI, reviews thousands of companies monthly using more than 100 financial metrics and cited past winners it identified, including Super Micro Computer and AppLovin, with listed performance figures.


This rewrite preserves the timetable, benefit changes, and the supporting rationale United provided, while noting the explicit carve-outs for non-cardholders and basic economy fares. The company did not provide additional details in this announcement about the magnitude of the mileage reductions for non-cardholders beyond saying they will earn fewer miles, nor did it quantify projected changes in card adoption or revenue tied to the program update.

Risks

  • Members who do not hold United co-branded cards will see reduced mileage accrual, which could affect customer satisfaction and loyalty among non-cardholders - impacting the airline and travel sectors.
  • General members without a co-branded card will not earn miles on basic economy tickets, creating uncertainty for customers who frequently buy lower-tier fares and potentially altering demand dynamics in the airline sector.
  • The announcement does not quantify the size of the reductions in mileage for non-cardholders or the expected uptake in card adoption, leaving outcomes for United's card revenue and bank partners uncertain - affecting financial services and airline earnings forecasts.

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