Word: frequents
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...cards. The New York City transit authority has joined the Washington Metro and the Bay Area Rapid Transit line in installing a fare-card system, which has contributed to a 40% drop in fare beating this year and could soon be used to introduce different price levels that reward frequent riders. Some states, among them Maryland, are replacing food stamps and welfare checks with bank cards that give welfare recipients access to prearranged monthly sums. At the New York City synagogue Ohab Zedek, members can have their monthly donations electronically deducted directly from their bank accounts. "This makes giving more...
Both credit and debit cards could one day be eclipsed by smart cards, which look like conventional bank plastic but store information on computer chips instead of magnetic stripes. Such cards could hold, say, the profile of an airline passenger, including his frequent-flyer points and seat preferences. With a single swipe of a card through an airline's electronic reader, a traveler could make a reservation and get a seat assignment...
...Frequent-flyer miles have long been the closest thing American travelers have to a free lunch. But the adage about there being no such thing seems to be coming true. In the biggest overhaul of frequent-flyer programs since American Airlines launched the first one in 1981, most major U.S. carriers are boosting from 20,000 to 25,000 the miles required to earn a free domestic coach ticket. And the change, which the airlines plan to phase in by next February, is only the beginning: the cost of free flying will rise as well for many travelers to Europe...
...jobs, or 20% of its work force, in a move to help it compete with low-cost rivals like Southwest Airlines. And United said it lost nearly $100 million in the first quarter because of competition from the no-frills carriers. Amid such relentless bloodletting, some 10 million frequent flyers traveled free on U.S. airlines in 1993, an amount equal to 7% of all passenger traffic. While those freebies may have helped instill customer loyalty, they also cut into the airlines' bottom lines...
...precisely those departments that students do not frequent that are consistently losing money. You can be sure that almost no Harvard students buy clothing from "Women's World." Most students choose to buy their computers at the Technology Product Center, and during the year need only purchase printer ribbons and floppy disks, which can be found quite cheaply at Radio Shack or other such stores...