All the Hacks with Chris Hutchins

Redeeming Points and Miles for Max Value (and What Not To Do!) with Nick Reyes

111 snips
May 29, 2024
Nick Reyes, a Senior Author at Frequent Miler and an avid traveler, shares insider tips on maximizing points and miles for travel. He reveals the best and worst redemption strategies, emphasizing flexibility and creativity in trip planning. Listeners will discover how to unlock luxurious travel experiences without breaking the bank, the value of airline partnerships, and the advantages of advanced booking. Nick also highlights the importance of using award booking services for significant savings, especially for families.
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ADVICE

Worst Point Redemptions

  • Avoid redeeming points for low-value gift cards or online shopping, especially on Amazon.
  • These redemptions often yield less than one cent per point, making cash back a better strategy.
INSIGHT

Hidden Costs of Portals

  • Redeeming points for travel through credit card portals can be deceiving.
  • While seemingly offering better value, they often hide opportunity costs like lost hotel points and potential shopping portal rebates.
ANECDOTE

Tahiti Trip

  • Chris booked business class flights to Tahiti for 110,000 Aeroplan points, getting five cents per point in value.
  • Compared to booking through the Amex portal for 550,000 points, this shows the power of transfer partners.
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