Hacked learn to fly 39/13/2023 If you want to take the credit card game to another level, you can utilize an advanced strategy that involves signing up for credit cards solely for the plush sign-up bonuses, canceling them within a year, and then reapplying 6-12 months later so you can get the sign-up bonus again.īe careful with this strategy, as it can get you into hot water in terms of credit, debt, and your credit score unless you’re disciplined about spending and monitor your credit score and activity carefully. When you sign up for a frequent flyer miles card, choose one that has a great sign-up bonus and a program that focuses on one of your chosen goals. The right credit cards are excellent tools to accumulate miles on everything you buy. You can use one of these strategies, or better yet: combine them to get even more miles! Get a Credit Card (or Two, or Three) Here are some general ways to earn miles. There are a handful of these (examples include Marriott Bonvoy, American Express Rewards, and even Alaska Airlines), and they give you great flexibility to transfer your points across multiple alliances, which we’ll discuss later.Īccumulation strategies abound, from little social media promotions, to frequent flyer mile credit cards, retail bonus deals, online shopping portals, and of course, flying. If you don’t have any specific travel goals (and even if you do), it’s beneficial to use a program with “universal” points, that allow you to convert to multiple programs at a 1:1 ratio. And remember: you don’t always have to fly with that one airline you can fly with Airline A and attribute the miles to Airline B within the same alliance. Plus, if you fly a lot with one airline you increase your chances of reaching an elite status which gets you perks like free upgrades. That way you won’t be scattering your efforts too much. Įxperts usually suggest choosing one airline from each alliance as your focus point for accumulation. There are three major alliances: Star Alliance, One World, and Sky Team. Or you can fly with Delta, but earn KLM miles for that Delta flight. Or you can earn miles by flying American Airlines, and then use them on a British Airways ticket. Most major airlines belong to an alliance, which is a group of different airlines that have agreed to allow the accumulation and redemption of each others’ miles.īasically, you can earn miles with Lufthansa and then redeem them with United Airlines. The first thing you need to learn about to conquer frequent flyer miles is airline alliances. Miles are there to be used! Understanding Airline Alliances Airlines regularly devalue miles or change their redemption systems so that miles aren’t as valuable or as easy to redeem. It’s also worth noting that accumulating miles for a rainy day or for the sake of having them is dangerous. I also maximized earning opportunities by shopping at retailers that awarded points to the same airline program (and I “double-dipped” by charging those expenses to my credit card that also earned me points.) When I eventually reached my goal and flew to Hawaii, it felt so good! I started collecting frequent flyer miles long before I began traveling full-time my goal was a return ticket from Canada to Hawaii, and my strategy was to passively earn miles for every dollar I spent using a frequent flyer miles credit card featuring a rewards program that had an especially attractive redemption rate for Hawaii in particular. Which in turn, will help you choose the programs that can work best to make that goal a reality. This goal-oriented approach will help you be more targeted and effective in your accumulation strategies. Having a reason to earn miles and a particular goal in mind is much more effective than randomly collecting miles for the sake of collecting miles. Setting Travel Goalsīefore getting into the nitty gritty of frequent flyer miles, it’s important to decide what your end game is. Getting Started with Frequent Flyer Milesīefore you start collecting frequent flyer miles randomly through the plethora of programs and offers available, you’ll want to acquaint yourself with the major airline alliances, and which frequent flyer programs will serve your travel goals best. In this chapter, you’ll get an overview of how the whole process works so you can start earning your own miles without getting lost and confused. Transferring between accounts, valuating miles, managing multiple programs, and ultimately – strategizing for your next free flight – can be a lot of work.īut once you are familiar with the territory and have systems in place, it doesn’t have to be difficult. The deeper you delve into frequent flyer mile accumulation, management, and redemption strategies, the more confusing it can get. Frequent Flyer Miles for Beginners: An Overview
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