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Delta Air Lines announced yesterday it’s leveraging the SkyMiles loyalty program in order to secure $6.5 billion in funding.

The carrier crated an indirect wholly-owned subsidiary named “SkyMiles IP Ltd., a newly formed Cayman Islands exempted company incorporated with limited liability.” (This might explain why Delta chose the Caymans — in addition to it being a beautiful destination, of course.)

The Atlanta Journal-Constitution’s Kelly Yamanouchi reported the move allows Delta to turn down a CARES Act federal loan. This way, Delta “(avoids) surrendering more control in return for new federal money. It also highlights the airline’s ability to tap capital markets and the continued popularity of credit cards offering frequent flier miles despite a steep drop in air travel.”

Should we worry about SkyMiles?

Ridesharing’s popularity continues to grow — and banks know travel-savvy cardholders want to be well rewarded for Uber and Lyft purchases.

We’ve certainly seen a marked increase not only in travel and transit categories but some boosts to general cashback cards, as well.

The busy holiday season means airport rides and holiday celebrations — a perfect time to use rideshare! So with that, here are our picks for the best credit cards to use on your rideshare purchases!

Please note: this post has been edited to reflect changes to certain credit card names, images, and earning structures.

For better or worse, I’m a loyal Delta flyer. Delta’s co-branded American Express cards sort of come with that territory. But Chase’s credit cards, however, are starting to pique my interest (especially now that I’m finally dipping under 5/24!) when it comes to actual point accrual and redemption. And their low to no annual fees sure are interesting, too.

Rene's Points Rookie travel post.

Please note: this post has been edited to reflect changes to certain credit card names, images, and earning structures.

Discovering a great mileage run deal from your home airport or city is always fantastic.

But what if you live somewhere like Omaha, Bismarck, or Casper — and most of the good runs begin in Chicago, New York, Vegas, or somewhere in California?

Take a positioning trip to wherever your mileage run starts!

While not ideal, it may be your only choice. (Don’t forget Adam at Juicy Miles can personalize an MQM or MQD run for you!)

“But that’s more time and money!” you may fear.

Time, yes.

Money? Maybe not. Or at least, not as much as you think. Using some points and credit card benefits, it can be done.

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