Optometric Management Tip # 18   -   Wednesday, May 22, 2002
Are you getting the miles?

Everyone knows that major credit cards offer premiums of various kinds – airline frequent flyer miles is one of the most common. Generally equivalent to 1 mile per dollar spent, this is a nice perk but it would take a while to earn a free trip based on your gas and grocery purchases. But if you were to pay your lab bills and other office expenses with a credit card – the miles become significant very quickly. It would not be difficult at all to accumulate thousands of miles per month - some practices could rack up 25,000 miles per month – which often equates to a round trip ticket anywhere in the U.S. Miles can also be used to upgrade to first class.

Many suppliers now accept this form of payment, although you may have to ask about it. My practice pays with credit cards whenever possible with contact lens vendors, buying groups, frame companies, optical labs and office supply firms.

Here are some tips if you decide to pursue this:

With a little effort – you may be flying first class all the time.

Best wishes for continued success,

Neil B. Gailmard, OD, MBA, FAAO
Chief Optometric Editor, Optometric Management