Welcome to Frugal John’s latest tip on how to make the most of your points and miles!
4. Know the expiry rules for your programs.
Nothing is more wasteful than having your points/miles vanish because your account has been deemed inactive. Know the expiry rules for your programs so you can engage in enough activity to keep the account active, or at the very least, redeem out of the program before your account is expired.
If you do suffer the unfortunate fate of having your account expired, some loyalty programs will reinstate your balance for a fee. The charge – usually a fraction of a penny per point/mile – is a small price to pay to restore a sizable balance just waiting to be redeemed. Check your loyalty program’s website for details, or call their customer service line.
For more tips, see:
1. Have a redemption goal in mind.
2. What goes up must come down.
3. Aim for your goal but be open to change.
Please feel free to share your own tips below!
Until next time,