Warning: Costly Medicare scam (11 4 24)

Author

Anthony Hazzard
November 04, 2024

Would you spend $125,000 for a lifetime flight pass? We have the scoop on who purchased one in 1990 and another shocking story later in this email.

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✈️ The Ultimate in Airline Travel Value

What’s the best purchase you’ve heard anyone make? Perhaps a 30-year mortgage under 2% a few years ago on a forever home. Or a few thousand dollars on a car that still runs 20+ years later.

For some with wealth and means, it’s a lifetime first-class airline ticket. Mark Cuban famously bought a lifetime fight pass for $125,000 in 1990 and later upgraded it.

The company? American Airlines. Just 66 people took them up on the offer.

Another man purchased a lifetime ticket from American in 1987, reportedly leveraging it to board more than 10,000 flights(!) over the next 20 years (retail cost: $21 million). He also purchased a buddy pass and racked up 30 million airline miles for free before American revoked his pass.

You may never see such a deal again in your lifetime. But those lifetime passes, now all discontinued in 2024, offered some shocking value to frequent flyers.

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The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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