You won't save any money buying in bulk, but you can earn yourself a nice discount when you redeem
your miles against the purchase.
First, I could have bought my partner the paid Delta ticket using my Barclaycard Arrival World MasterCard, and redeemed Arrival
miles against the purchase.
Not exact matches
While I travel enough to have no difficulty finding
purchases to redeem my
miles against, if you're an infrequent traveler or don't spend very much money on your existing credit cards, you may find yourself struggling to redeem your
miles at their full value.
In addition to airline tickets, you can also redeem your
miles for statement credit, starting at 15,000
miles which can be redeemed for a $ 150 statement credit
against any travel
purchase with your Chase credit card.
With the Capital One ® Venture ® Rewards Credit Card, the
miles you earn can be redeemed
against all sorts of travel
purchases you charged to it.
Whether you redeem your
miles as statement credit
against recent travel
purchases or use them to
purchase travel through Capital One's portal, the redemption value is always 1 cent per
mile.
Whether you redeem your
miles as statement credit
against recent travel
purchases or use them to
purchase travel through Capital One's portal, the redemption value is always 1 cent per
mile.
These
miles are redeemed at 1 cent per point for travel so that means you'll earn the equivalent of $ 460 worth of statement credit that can be applied
against your travel
purchases.
So if you have 30,000
miles and one $ 100
purchase, you could theoretically redeem
against that
purchase three times and basically earn a $ 200 statement credit that would apply to any
purchase.
That means that once you hit the minimum spend you'll have earned 56,000
miles, the equivalent of $ 460 worth of statement credit that can be applied
against your travel
purchases.
There was another situation where there were around 57,000
miles in the account and a few travel
purchases we could redeem
against.
Since these
miles are redeemed at 1 cent per point for travel that means you'll earn the equivalent of $ 460 worth of statement credit that can be applied
against your travel
purchases.
The Rewards card is a cash - back card with no annual fee, and the Arrival card has an $ 89 annual fee (waived the first year) and earns «
miles» that can be used as statement credits
against travel
purchases.
So, if you've got 40,000
miles, you can use the points to get a $ 400 statement credit
against a travel
purchase.
Credit cards can also help protect
purchases against theft and damage, as well as earn rewards like cash back, airline
miles and other perks.
Before the comments section fills up with snark, let me say yes, I know you can redeem Arrival +
miles against refunded travel
purchases.
only 5 % of Arrival +
miles redeemed
against travel
purchases will be redeposited in your account after each redemption, down from 10 %.
I've written extensively about the Arrival card because — during the first, fee - free year — it functions as a 2.22 % cash back card when you redeem your
miles against travel
purchases.
Once my minimum spend was met, I would get the bonus
miles, and I would go into my account and have those
miles redeemed
against the flight and hotel
purchases.
If you redeem your
miles for travel credit, you can redeem at 10,000
miles for a $ 100 in statement credit
against travel
purchases made in the last 120 days.
That is,
miles are worth 1 cent apiece whether you redeem them for credit
against travel
purchases or cash back via direct deposit.
You get the best redemption value when you redeem for statement credit
against travel
purchases at one
mile being worth a full cent.
Barclaycard Arrival
miles can be redeemed for half a cent each in cash back or 1 cent each
against travel
purchases over $ 25 made with the card;
Those 50,000
miles are worth $ 500 as statement credits
against travel
purchases.