Why do credit card companies charge such high fees when redeeming airline miles?

Why do credit card companies charge such high fees when redeeming airline miles? Ticket might be normally $400 which is free by redeeming my miles, but then they want to charge say $200 for FEES that will cost me money in addition to redeeming my miles. Any way around this?

Public Comments

  1. I have never heard of this. You should call to see what the fee's are being charged for.
  2. No, I'm sure all those fees are included in the fine print. I have never found airline miles a good credit card reward. Give me good old cash back! I can use it anyway I want.
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