The term "award redemption" refers to the process of using accumulated loyalty points, miles or credits from a frequent flyer program, hotel reward program or credit card rewards program to obtain free travel, merchandise, or other benefits.
In simple terms, it means converting your hard-earned points into something valuable such as flights, hotels stays, rental cars, gift cards, electronics and more. The value of these reward points can vary depending on the program's rules and policies, but they offer a great way to get extra value out of loyalty programs that you participate in.
Award redemptions are typically subject to availability and blackout dates may apply. It is essential to check with your specific loyalty program for details about how to use points or miles for award redemption, as well as any restrictions or fees that might apply.