By
Patrick Sojka - Rewards Canada
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The following article is an update to our original Maximize
Your Miles article I published on Rewards Canada way back on May
30, 2005. I thought it best to bring it up to date although the basic
premise has not changed. Focus on a few programs but you can join manyIt is always best to focus on only a couple of programs (1 Airline, 1 Hotel, 1 Shopping, etc) to put your miles into but sometimes you may be shopping somewhere or renting a car that your primary programs don't partner with. In that case it can be worthwhile to find a program that does, since joining most loyalty programs is free it does not hurt to join them. In the end you may end up with some programs that have orphaned miles or points that you never use but on the other hand you may end up collecting more then you originally thought in that particular program so that you can redeem for a reward sometime in the future. If you do plan on using certain programs only occasionally, check out the rules of the program to see if points expire. Some programs don't have expiry dates so you can just leave the points in the program while other programs do have expiry dates. Expiry dates tend to be 1 to 3 years after your last action (earning or redemption) so keep track of your points and if you want to keep them ensure that you have activity in your account. In some cases it may be worthwhile to transfer those orphaned miles/points out of the program into your main program. A good example is if you have a low hotel program balance that would not be enough for a stay but enough to transfer to your airline program to increase the latter programs balance. Look for and take advantage of bonus mile offersUse bonus mile offers to your advantage, they are an easy way to work your way up to that reward you want to redeem for. This is what sites like Rewards Canada and Frequent Flyer Bonuses were initially started for, listing bonus offers in one site. But don't just read RewardsCanada.ca and FrequentFlyerBonuses.com, read the emails the programs send you, don't delete them, you'll never know when a valuable offer could be hidden somewhere in the email. Check out the websites of the reward programs and other frequent flyer sites like webflyer.com, frequentflier.com, freefrequentflyermiles.com, milepoint.com or flyertalk.com.Search out offers, if you have to stay overnight in Regina and the Best Western and the Holiday Inn both have the same rates, find out if one of them is offering a bonus mile or point opportunity and stay there. Do your research, your travel agent or online booking engine won't do it for you, in fact most are unaware of the hundreds of bonus offers that are out there. |
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Register for every promotion even if you think you may not use it.Many of the bonus offers require registration and while you may not
think you can take advantage of the bonus offer, register anyway. Who
knows when your employer may send you to Phoenix for a meeting and you
don't remember or realize that the airline you're flying on was offering
double miles on all flights to or from Phoenix. By registering for an
offer when you first see it, you're making sure you don't miss out on
any bonus opportunities. Pay for everything with your mileage/point earning credit cardThis is by far the easiest way to rack up miles outside of actual flights
with the airlines or stays with hotels. Put everything that you buy
on your credit cards right down to the chocolate bar from the corner
store. Every mile counts no matter where or how you earn it. If you
have a card that earns 1.5 or 2 times the points/miles at gas, grocery,
and drug stores make sure you use it there. Plus if you want to earn
higher mileage from your card for shopping or eating out, buy gift cards
for your favourite stores and restaurants at the grocery store or drug
store to earn your 1.5x or 2x multiplier. Be warned however, if you
run a balance and pay interest on your credit cards, those miles you
earn will never be worth the money you lose in paying the interest.
If this is your case get a low interest credit card, and lucky for you
some low interest cards now carry rewards. Carry different credit cardsSome bonus mile offers or other offers like free gift cards (see Cash
in on other rewards below) require that you only use a specific credit
card like a Visa. So if it is economically viable for you to do so,
carry a Visa card, a Mastercard and an American Express. Think it may
be expensive? Well there are quite a few no fee credit cards that earn
points. Of course you
don't even have to get a mileage card for your additional card, you
could go for cash back rebates or merchandise but since this is an article
on miles, why wouldn't you? Another method of earning more miles or
points with credit cards is called churning. This entails applying for
a card, receiving the sign up bonus and then cancelling the card followed
by reapplying for the card sometime down the road to receive the bonus
again. The time period varies by card issuer so check with them first
(or research it online) plus watch your credit scores, too many applications
in a short period of time can have a negative effect on your credit
rating. Double & Triple DipDouble dipping is the term coined for earning miles twice in one purchase
or transaction. This basically involves your mileage earning credit
card being used for a purchase where you also earn miles in the same
program as the credit card. Buying gas at Esso? Using your Aeroplan
Visa or American Express and then swiping your Aeroplan card ensures
you are double dipping. Upgrade your flightsTake steps to fly in business or first class by buying the ticket outright (the expensive way unless there is a really low or mistake fare) or by making sure that you meet criteria to get upgraded (this works more for those who are status members in their respective programs) to ensure that you earn the 25 to 200% class of service bonus associated with the upper classes of flying. This is an easy way to build up those mileage balances and your qualification for status \ Cash in on other rewardsSometimes reward programs offer bonus or rewards other then miles. Some
airlines have had promotions whereby you take three flights and you'll
get one free. Same goes for hotels, many hotels have promotions that
offer up free nights after a certain amount of stays. Hotels also like
to offer gift cards for future travel after certain stays. In many cases
you have to be a member of the respective company's reward program so
this goes back to the beginning where you may just have to join the
program to take advantage of the offer. Keep track of your miles and points If you don’t keep track of your miles and/or points, you stand to miss
out on potential rewards and even worse you can lose all the miles and
points you earned thanks to programs inactivity or expiry rules. It
can be extremely time consuming to keep track of all the programs you
participate in but thankfully there are ways to make it easier. There
are handful of websites out there that will help you keep track of your
balances (and some also track your expiry dates) and most of them do
it for free. Examples are sites like Awardwallet.com a which are both free
although Award Wallet does offer a paid upgrade version. Don’t like
handing out your membership numbers and password/PIN codes to these
sites? Then it can be as simple as creating a spreadsheet to help track
your balances although you still have to manually check all your programs
or you can download a program like Miletracker which runs on your computer and not a third party server.
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