Frequent Miler on the Air No longer traveling? How to cash out your transferable points | Frequent Miler on the Air Ep314 | 7-11-25
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Jul 11, 2025 This week features intriguing news as Turkish Airlines terminates its million-mile promo, leaving travelers in suspense. The hosts dive into exciting updates on credit card offers, including potential fee increases for the Ritz card. A discussion on maximizing transferable points emerges, highlighting smart strategies for cashing out when travel isn't an option. They also tackle recent security concerns in loyalty programs and celebrate Alaska Airlines' new collaboration with Porter Airlines, making miles more valuable than ever!
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Greg's Uncle's Point Dilemma
- Greg's uncle accumulated many Amex Membership Rewards points but no longer travels much.
- He asked how to cash out points for decent value without redeeming for poor value.
Value Threshold for Points
- Collecting points without at least one cent per point value generally isn't worthwhile.
- Cash back cards often outperform earning points with poor redemption value.
Avoid Mile Brokers
- Avoid selling miles to brokers as programs explicitly forbid it and accounts get shut down.
- Broker practices harm travelers and restrict award availability, increasing fees and risks.
