Millennials were also more likely to look for travel points and rewards and use them to influence where they traveled. Take Our Poll: Do You Have an Emergency Fund Established?įurthermore, the data revealed that millennials, more than any other generation, were not only travel rewards cardholders but also travel rewards card users. adults and nearly half of millennials plan to redeem their travel points this November or December to combat inflation.” With the soaring cost of fuel, flights and other travel-related expenses, this holiday will be a prime time to use those points.Īnna Rose Pardue, Communications Manager with Morning Consult, said that a study about how millennials look to spend their travel rewards revealed that “nearly 30% of U.S. For jet-setters, one of the best uses of points is for travel. While these offers can change frequently, they are often worth thousands of points and give you the opportunity to accrue a major pool of rewards very quickly.” Find Points That You Will UseĪnother tip from our experts involves signing up for cards with points and rewards that you will actually use. He notes, “most credit card companies offer a large number of points as a sign-up bonus when you open an account.
Martin Seeley, an entrepreneur and founder of Mattress Next Day, recommends utilizing the sign-up bonuses offered by credit card companies. It may seem crazy, but credit card companies will reward you more for opening a new account than they will for your loyalty.
Read on to find out how you can save big and get the best deals on everything from travel to groceries. We’ve asked experts from across the globe to share their best hacks for using credit card points.
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