Here are the best ways to use your miles:
So what does all this mean for the average consumer? You have to start taking advantage of these frequent flyer programs. STAT.The most important thing to do to accrue miles is to sign up for the loyalty programs of all the airlines you fly, and then pick a select few to focus on. Usually, people either don’t sign up in the first place or they spread their points across too many programs to actually gain anything of value.
If you’re planning on using a few programs, it can help to think about what each one will actually help you achieve. Some travel hackers will maintain multiple loyalty programs in order to snag first-class long haul flights on one airline while using others to gain perks while they fly. Here’s how different programs break down in terms of points-per-dollar earned, best overall loyalty programs and best budget flights.Most miles convert to one to two cents.
It is well-known within the travel hacking community that in terms of a point-to-dollar conversion, you get the best bang for your buck if you use your points to book business and first-class travel. Although it seems like it would take a gigantic amount of points, it would cost more in dollars. Most travel experts and road warriors pretty much use their points only for upgrades or long haul flights.
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