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Redeeming credit card points

Posted on 10/9/15 at 1:43 pm
Posted by mpar98
Baton Rouge
Member since Jan 2006
8034 posts
Posted on 10/9/15 at 1:43 pm
What has made you cave in and cash them out and how much was it? For airfare? gift cards?
Posted by notiger1997
Metairie
Member since May 2009
58088 posts
Posted on 10/9/15 at 1:57 pm to
Airfare, hotels, gift cards.
Wish I was better at the game when I first started several years ago. We did a big house remodel and it put a ton of stuff on my credit card. Got a $500 Ruth's Chris gift card out of that.
I'm sure it went have been much better to have been using a hotel or airline brand credit card.
Sitting on enough points for two nice round trips on an airline right now but can't the the wife and I off work long enough to use them right now.
Got a decent stash of Hilton points now too. Probably will take the family to stay a few nights for free at the Roosevelt in NOLA around Christmas time
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 10/9/15 at 2:05 pm to
quote:

What has made you cave in and cash them out and how much was it? For airfare? gift cards?


Cave in?? They don't do any good just sitting there, and they're becoming less valuable all the time - Amex just decreased the exchange rate to British Airways miles.

I always transfer to airline miles. On my last trip I got about $.10/point in value, exchanging for a gift card is $.01/point.
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