One of the most popular forms of credit card rewards are frequent flier miles. Cardholders love the

One of the most popular forms of credit card rewards are frequent flier miles. westin hotel chicago Cardholders love the allure of award travel and upgrades. westin hotel chicago At the same time, many cardholders are concerned that they have difficulty receiving the most possible value from their miles earned through credit card spending. Therefore, it is vital that travelers understand how to get the most value from their airline miles.
The most common use of credit card reward westin hotel chicago miles is for airline flight awards.  Award tickets normally start at 25,000 miles for a domestic round-trip, westin hotel chicago but these awards require westin hotel chicago more miles. Often it is the last minute awards that are the best value, as these flights can cost several times the advanced purchase fare. In fact, miles can be worth several cents each for these redemptions, even when the traveler has to use more than the minimum amount of miles. Yet the most valuable flight awards are those used for premium class international flights.
For example, most major domestic airlines like United and Delta offer Business class awards to Europe starting at 100,000 miles. Yet in many instances, these flights normally cost $5,000 $10,000. For example, a Business Class award flight from the west coast of the United States, to a relatively minor destination in Europe could easily cost a much as $8,000, allowing credit card holders to realize eight cents or more in award value per dollar spent on their airline affiliate credit card.
It was once the case that using miles for upgrades represented a great value. At one time, airlines allowed travelers to upgrade westin hotel chicago any fare using miles, but this practice has been severely restricted in recent years. For example, westin hotel chicago Delta's chart lists varying miles required for upgrades from "Full Economy Fares" and "Select Fares". While there are fewer miles required for those who paid the Full Economy Fares, than the Select fares, westin hotel chicago the lowest fares sold do not fall into either category and are not upgradeable. In essence, travelers must pay a surcharge to upgrade their fares, reducing the value of their miles.
With United, most travelers upgrading with miles are required to contribute an additional upgrade co-payment, although their elite members are exempt in some situations. As a result, upgrade awards are most valuable to those who travel on company paid tickets that are issued in higher fare classes. In this way, the additional fare cost is absorbed by a third party, while the business traveler is free to contribute a reasonable amount of miles in order to enjoy the upgrade. When used in this manner, travelers can see far more than one or two cents in value from their miles.
How You Can Get More Value From Airline Miles and Credit Card Bonuses Credit card rewards typically come in two different forms, cash back or loyalty points such as frequent flier miles. The highest rate of cash back that can be earned on all spending is 2% available on the Capital One Venture Card  although most cards tend to offer 1%...
Frequent Flyer Credit Card Bonuses westin hotel chicago Get You Miles, Not Status The lure of free travel has virtually westin hotel chicago created a new industry, the travel rewards credit card. With these cards, customers can earn plenty frequent flier miles, but what few cardholders realize is that not all miles are the same. While credit card spending generally earns standard frequent flier miles, there...