Damian Dovarganes, Associated Press
The majority of American travelers are throwing away money, according to a recent survey by The Princeton Group.
Only 67 percent of Americans collect rewards miles for flying, and, of those, 73 percent don’t know how many they have, according to the study. Additionally, 59 percent of those who are enrolled in rewards programs don’t know how they work.
“Miles and points are a form of currency,” said Brian Kelly, founder of ThePointsGuy, a blog dedicated to maximizing travel points, in his article. “They are worth money. Sometimes they are worth a lot of money — depending on how you redeem them. The bottom line is that your points and miles are an asset and they are worth keeping track of."
AwardWallet offers a free version if all you need is organizing rewards points. For those who have a lot of points, the pro service is only about $10 every six months.
- The 20 best cities to live in for first-time...
- A solution to paying that medical bill you...
- How depression threatens financial well-being
- Navy vet says the effects of this are like...
- Restaurants experimenting with pay-in-advance...
- 7 benefits of taking vacation time
- Allow student loan bankruptcies, but hold...
- Raising a kid will cost you $245,000 —...
- Allow student loan bankruptcies,... 15
- Raising a kid will cost you $245,000... 10
- Food stamp use shows continued... 8
- Want to increase attraction in your... 7
- Balancing act: Readers dispute... 4
- A solution to paying that medical bill... 4
- Dave Ramsey says: Don't make... 4
- Middle-class shoppers more sensitive to... 1