You'll receive 1.5 points per dollar spent, and 100 points equal $ 1 in redemption value when
redeeming for gift cards and travel.
It offers a 10,000 points sign - up bonus, and each point can be worth as much as two cents each when
redeemed for award flights.
They are worth one cent when
redeemed for statement credits for travel purchases charged to the credit card, making the 50,000 miles worth one penny each.
This means at best you're getting 2.5 % back but can only
redeem it for airfare and must book through their portal.
Measuring relative value of
points redeemed for hotel stays is much easier, however, as the differences between each partner are more obvious.
It also offers a 40,000 mile rewards bonus, which you can
redeem for $ 400, provided you spend $ 3,000 within the first three months.
To do that, you'll want to transfer your points to a frequent flyer program and
then redeem them for free flights.
Note that some cards that are often referred to as travel reward cards can also have their points or
miles redeemed for cash back.
You can
also redeem for gift cards, credits on your statement, and other merchandise.
You can earn point rewards or miles rewards towards the loyalty program and then
redeem them for airline tickets, hotel stays, rental cars and other rewards.
And often times, you can get more value for your points by transferring to airline and hotel partners instead
of redeeming for cash back.
You will pay the same amount of miles for one - way and round - trip flights (and you can't
redeem for first), but the values are terrific.
After you've earned these cash rewards, you will be able to use them by
redeeming for things like bank deposits, statement credits, gift cards to popular retailers, and more.
To keep things simple, let's assume we're only using the points for cash back,
as redeeming for travel presents a whole other realm of possibilities.
There are no blackout dates or restrictions on points
redeemed for air and travel and you can earn double points when you book online.
Once you've earned enough points, you can turn them into free hotel stays or
redeem them for other merchandise and experiences.
These points are
best redeemed for free travel but also have a few other award options at a lower valuation.
Rewards are most valuable when
redeemed for international flights in business class, expensive last minute flights, and luxury hotels.
As mentioned above, miles
redeemed for economy international flights have an average value of 0.8 cents each.
As it stands, the only thing preventing the wholesale abandonment of travel loyalty programs is the possibility of
redeeming for high end premium experiences.
Additionally, all offers qualify for GTA's G - Shop loyalty program which rewards travel agents with points that can be
redeemed for products through the G - Shop website.
The real challenge lies in not just accumulating points, but to be able to strategically accumulate them and then
redeem them for maximum value.
If you are
redeeming for something like an upgrade or for a free cruise, you can get up to two cents per point in value.
And there are cards that earn points, which can be
redeemed for items like airline tickets, hotel stays and car rentals.
However, that might not be the best option since you'll get one cent per point, which is the same rate
for redeeming for cash back.
You can accumulate your points to
later redeem for hotel stays, flights or even transfer to your airline frequent flyer program on a mostly 1:1 basis.
These points can often also be
redeemed for upgrades on existing flights and sometimes for hotel bookings at your chosen destination.
As mentioned previously, it is pretty simple to get at least one cent per point in value simply by
redeeming for cruise discounts or onboard credit.
Phrases with «to redeem for»