2023-05-22 20:50:18
In light of the recent rise in the cost of flights, hotels, and other travel activities, recent data from the “Hopper” website showed that the cost of planning a spring break increased significantly compared to the same period last year. The data indicates an increase in airline prices by 20 percent, and hotel reservations by 64 percent. It is also expected that the pace of price increases will increase during the next summer travel holiday, due to the high demand for airline services.
Therefore, planning a vacation requires a person to be more creative and open-minded than ever before, as “travel rewards” programs and discount points can contribute to obtaining greater opportunities for entertainment for the same share of the money.
The following points will help you make the most of the “travel rewards” offers, how to get them, and how to spend them.
1. Obtaining a bank credit card with travel benefits
Travel credit cards come with welcome bonuses, allowing the holder to enjoy many advantages for free travel, or airline and hotel discounts, and there are a number of these cards with rewards worth more than $1,000, if the holder spends the required minimum amount of spending from them.
There is no particular type of “ideal for travel” of credit cards than others, rather the types of cards differ according to the type of travelers. There are discounts suitable for business travel, other programs suitable for families, and others suitable for those who travel at a fixed rate every year, whether inside or outside their country.
These credit cards allow the accumulation of points, which the traveler can benefit from during his summer vacation.
2. Focus on collecting Flexi Rewards points
The advantage of flexible rewards is the fact that its points can be redeemed with a variety of airlines and hotels, and the use of them is not limited to a specific group, each of those flexible points has its own set of air transport partners and hotels, and also allows members to redeem through special travel portals have a fixed value.
This flexibility gives more freedom to its beneficiaries than others that only allow them to redeem points with one travel provider and its respective partners.
3. Double your points with your partner
Instead of struggling to collect as many rewards points as possible, a spouse can earn additional rewards on the same spending bills and can list the partner as an authorized user on various bank accounts and cards.
This step will enhance the chances of earning partner credit card welcome bonuses, in addition to per person points; This can be a great opportunity for the whole family to quickly earn more points to combine and redeem for that summer vacation, plus, it allows individuals to double down on some of the best welcome offers and bonuses that come with opening joint bank accounts.
4. Be as flexible as possible with your plans
Maximizing the chances of earning travel rewards must be accompanied by a high degree of flexibility regarding travel dates, destination, and even the type of trip. Insisting on flying to a specific airport or staying at a specific hotel on specific dates that cannot be changed may not align with the bonus points accrued, and the traveler may end up paying more out of his own pocket.
Instead, being open and flexible when it comes to making vacation plans and being willing to think outside the box as to where and when you are looking to travel this summer is essential. Vacation apartment rentals closer to home.
5. Take advantage of loyalty programs with fixed prize schemes
Many loyalty programs adopt dynamic and variable pricing models that estimate the cost of using Rewards Points on demand and the variable cash rate for a stay or trip. However, there are still some loyalty programs that use fixed reward schemes, which means that you can redeem your travel reward points at the same expected price, and by taking advantage of these fixed reward redemptions, you can set a goal and see how many points you will need in time to book in summer.
(Holly Johnson – CNN)
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