Turn that stockpile of miles or points into a trip
Live MintYou’ve spent years amassing a trove of credit-card points and frequent-flier miles…for what, exactly? Unless you’re a road warrior or credit-card guru, it will take ages to earn enough points for such a trip, and the points you’ve earned could lose value while you wait. If you’re using credit-card points, it’s often cheaper to transfer the points to an airline’s frequent-flier program and book through the airline, rather than your card company’s own travel portal. Here’s the math: Spending 25,000 points for a flight that would cost $500 in cash equates to a point value of 2 cents, while spending 50,000 points would decrease the value to 1 cent. Don’t forget the hotel Travelers often think about flights when redeeming rewards, but hotels can be a good target for those points.