5 strategies for using points and miles to book holiday travel - Business Insider

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5 strategies to save money and stretch your points and miles as far as they can go to book holiday travel

. This path can be especially fruitful if you want to earn rewards to cover part of your holiday travel this year and want some flexibility in how you redeem your points.

Cards that offer flexible travel credit tend to work best in this area since they let you redeem points for travel charged to your credit card after it happens. With the, for example, you can earn 2 miles for each dollar you spend and 50,000 miles when spend $3,000 on your card within the first three months.

You have the option to transfer your Capital One miles to more than 10 airline partners, but you can also redeem them for any travel expenses charged to your credit card at a rate of one cent per point. That makes the sign-up bonus on this card worth $500 in hotels, airfare, or any other travel you want to book.Finally, don't forget that being flexible is quite possibly the best way to save on travel any time of the year.

Be as flexible as you can, and take the time to consider multiple travel situations that might help you save money or stretch your points or miles as far as they can go. Traveling with rewards over the holidays is always a challenge, but you'll make the process easier if you think outside the box and keep your options open.

 

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