If you are a member of Milesource, you may or may not have heard that they will be shutting down. Here is the official notice that they have posted on their website.

November 29, 2007:After many years in business, it is unfortunately time for our company to move on. We will be shutting down MileSource effective December 31, 2007. Members may continue to earn AwardMilesTM on Milesource through December 31, 2007. In addition we are allowing members to redeem their AwardMilesTM until November 30, 2008.The Milesource User Agreement states that “unredeemed AwardMilesTM will expire on December 31st of the second calendar year following the calendar year such points are earned.” Effective December 31, 2007, any AwardMilesTM earned prior to January 1, 2006 will expire and be removed from your account.We would like to thank you for your involvement with the MileSource program. If you wish to join another rewards site we suggest you visit InboxDollars, which boasts a membership of over 2.5 million members. We hope it will provide you with as much satisfaction and enjoyment as we have over the years.

Sincerely,
The Milesource Team

And that is the official post from the Milesource website.It’s sad to see another reward site shut down.I’ve seen many reward sites come and go over the years.Just be sure you cash out your AwardMiles before the deadline.I see that they are giving members a year to redeem their AwardMiles but I know how easily it is to forget about things like that so just keep that in mind.