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Here's your money briefing for Thursday, January 23rd.

I'm Arianna Asperuru for the Wall Street Journal.

After airlines cut perks and raised requirements to travel with the high loyalty status,

some customers are done with their loyalty programs. Upgrades are harder to come by these days.

So if you are someone with a high level

of status looking to get a cheap ticket and then get upgraded for free, that's not a given.

People feel like they're not getting their money's worth like they used to.

We'll talk with Wall Street Journal reporter Jacob Passy about what frequent flyers are doing

to save money after the break.

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Fed up with the ever-changing rules around airline loyalty programs?

Maybe it's time to become a free agent.

Wall Street Journal reporter Jacob Passee joins me.

Jacob, why are travelers getting tired of navigating the ins and outs of loyalty programs?

For starters, a lot of the major airlines have changed up their loyalty programs in recent years.

They've put a greater emphasis on how much you spend with the airline or on their credit cards rather than how often you travel.

...