What Can I Use Points or Miles For?
Not all credit cards will give you points as a sign up bonus. Some cards will give you cash back in the form of a statement credit, some will give you airline miles, and others will give you hotel points just to name a few. But here, I want to focus on possible redemptions of some of the most popular credit card points. The first two listed below are the most valuable and recommended uses of credit card points and are usually the most popular uses.
Airline Tickets: Credit card points can be used for travel directly through the credit card’s portal or via transfer partners. Transfer partners are entities such as airlines that you can transfer credit card points to redeem for tickets.
Hotel Stays: One of the most popular uses for credit card points is for hotel stays. Using credit card points for hotel stays can save you a lot of money since usually taxes and resort fees are waived for point redemptions.
Cash Back: Many credit cards allow you to use points to get cash back or to “erase” charges on your credit card statements.
Shopping: A credit card portal is a marketplace of sorts that you can exchange points for all sorts of goods. Some of these options are redeeming points for goods like a coffee makers, electronics, gift cards, furniture, experiences, and more.
Donating: Some credit card points program allow you to donate your points to charities. However, some will require you to donate points in certain increments only.