How to Pass Your Airline Points Down to Your Heirs

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• 00:02

  Here's your money briefing for Monday, June 9th.

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  I'm Julia Carpenter for The Wall Street Journal.

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  More than 2% of Americans 55 and older have racked up more than 500,000 reward points or miles after years of travel.

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  According to a survey by Rewards Travel Search Platform, point.me.

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  That's a stockpile worth thousands of dollars.

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  But most of the time, those rewards simply vanish when the account holder dies.

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  What do we do with all these miles?

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  Because you feel like it's something you're owed and you don't want it to go to waste.

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  And so you have to be...

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  strategic about it to make sure that they're not disappearing when you leave the mortal coil

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  as it were.

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  We'll talk with WSJ reporter Jacob Passi about the creative and complicated ways in which account holders protect their points for the next generation.

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  That's after the break.

• 01:12

  Over a lifetime of summer vacations, business trips,

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  and holiday travel, many Americans are sitting on a fortune.

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  A fortune in airline and mileage points.

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  But after you're gone,

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  some airlines will charge you a hefty fee to bequeath the rewards to someone else.

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  And most of the time, the companies just take it all back.

• 01:33

  Wall Street Journal reporter Jacob Passi joins me to talk more.

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