WSJ: Credit card award limits ease with latest wave of travel cards

The Wall St. Journal reports on new cards from Orbitz and Travelocity.

So in the third wave, card companies and their online travel-agency partners hope to target people who spend less on their cards and want more flexibility. For well under 10,000 points, cardholders can cash in for a $100 travel gift certificate. That chit has a specific value that doesn’t fluctuate, making it simpler to understand and redeem. Frequent-flier miles can be difficult to value, since their worth depends on the cash price of the ticket for which they’re being redeemed.

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