The Flybe program has not been covered much on FFB as they do not have many ‘bonus offers’ for us to post but keeping in line with trying to give all FFB readers program news that relates to travel reward programs I feel this is significant news considering the Rewards4All program has over 1 million members.
From Flyertalk.com:
“At Flybe we are committed to being open with our customers, we therefore would like to inform you about an upcoming change to the terms and conditions of your Rewards4All account.
Over the past two years, over a million passengers have joined Flybe’s Rewards4All scheme making it the fastest growing, as well as the most generous frequent flyer programme in the UK. Thousands of our loyal customers have been rewarded with bonus flights across our network. Also, thousands of Premiercards have been issued allowing free access to our network of executive lounges. Over the coming months, we are planning to add new and exciting ways to spend your points.
In order for Flybe to continue to offer the most generous scheme in the industry we need to make some minor changes to the terms and conditions of the programme. Under the recently introduced IFRS accounting standards, the cost of operating a frequent flyer programme without imposing some form of expiry of points has become prohibitively high. To avoid having to reduce the benefits we offer our most loyal passengers, Flybe Rewards4All points will now expire after 2 years.
This means that any points earned on or after the 1st September 2009 will have a 2 year lifespan. We will also allow any points earned since 1st September 2008 a further 2 years before expiry. Any points earned prior to the 1st September 2008 will expire on the 1st September 2010.
These changes will allow us to continue to offer all the benefits you have come to enjoy over the past 2 years. In the near future more ways to earn and spend points will become available, making the programme even more rewarding. These changes do not affect the standard 12 month expiry of points earned for purchases made with your Flybe Spend & Fly credit card.”