The Star Alliance is planning to launch a co-branded credit card, according to a report by Bloomberg.
The card, to be launched later this year, will allow users to earn points via their spending, much like a regular credit card. The user may redeem those points via the frequent-flyer programmes of any of the 26 member airlines, Star Alliance CEO Jeffrey Goh said.
Star Alliance includes such members as SAA, Singapore Airlines, Lufthansa, United Airlines, Air Canada, Turkish Airlines and many more.
Cardholders should be able to transfer rewards earned with the card to any of the alliance's airline rewards programs, giving users flexibility and good potential value.
It is still unknown whether the Star Alliance credit card will come to South Africa, and if it does, which bank it will partner with.
