credit card airmiles help

[amarowsky]

Ok I read in an earlier post about some airmiles bonus from a capitol 1 credit card. So I was intrigued because I usually fly 2 or 3 times a year . The site says you get like 10k miles after spending 1000 in your first 3 months , then like 1-1 miles to dollars spent . I also searched a number of other cards with similar deals .

My question is, how does this work for redeeming plane tickets ? Is it literally just mile for mile? Because that would mean from Detroit to Florida I could use that first bonus to fly round trip about 4 times . I looked and researched for over an hour but got no real info . That sounded too good to be true so I'm assuming you have to spend like (300 or 500 miles to start a ticket then use the other points for actual distance ) or something similar .

If anyone has used this mile program for actual tickets , could they break it down and explain the process for how it went for them with their rewards . It would be greatly appreciated and probably save me 2000 ish a year and further inspire my traveling.

[seen]

There's an entire forum just dedicated to frequent fliers and the perks.

FlyerTalk Forums

As far as I know, air miles aren't redeemed mile to mile. Their value depends on the airline. For example, I just picked up 150k air miles with AA by spending 5.5k in 6 months. Value? 50k can get me a roundtrip to Tokyo. 25k can get me any roundtrip domestic flight.

[naomibatac]

Yes, airmiles aren't redeemed mile to mile, but will depend on the airline according to my friend who uses airmiles for her trips. Each airline has their own policies. Therefore, you could also ask the airline of your choice on how they will treat your earned airmiles.

[amarowsky]

Cool thanks fpr the briefing and the forum post I'm.gonna go check.it out

[JoshuaHeckathorn]

Most Capital One cards, like the popular Venture Card, allow you to redeem your miles for airline tickets at a rate of 1 mile= $.01. So, your 10,000 bonus would be worth $100 in airfare.

[disneysteve]

Keep in mind that when and how you can use points toward air travel is very much at the discretion of the airlines. They have a limited number of rewards seats available on any given flight, they have blackout dates and other restrictions and they occasionally change the rules and up the number of points needed for a ticket. I know a number of people with loads of points on file who still have to pay each time they fly because they can never seem to find a rewards flight at a time that matches when they actually want/need to travel.

I think either a cashback card or a card that pays some other more easily redeemed reward is probably the better way to go. We use a Marriott Visa and have earned (and redeemed) a couple dozen free nights since we got it several years ago.

[amarowsky]

Well I was looking at some earlier posts and I think I'm gonna try that 2% cash back card and apply it to my monthly bills when awhen applicable. I already auto pay my bills like gas electric phone and insurance, so why not just get free cash for having them paid to a cc then auto paid out of my account

[JoshuaHeckathorn]

Well I was looking at some earlier posts and I think I'm gonna try that 2% cash back card and apply it to my monthly bills when awhen applicable. I already auto pay my bills like gas electric phone and insurance, so why not just get free cash for having them paid to a cc then auto paid out of my account

Exactly...good decision! What cash back card did you decide to go with? I'm just curious...

[amarowsky]

Haven't done the research yet , I remember some big bank and broker offering a flat 2% that they would take what u made every month and put into a MMA they open for u . That would be nice to kind of have it partitioned away so I can appreciate it more

[JoshuaHeckathorn]

Haven't done the research yet , I remember some big bank and broker offering a flat 2% that they would take what u made every month and put into a MMA they open for u . That would be nice to kind of have it partitioned away so I can appreciate it more

Yes, the Fidelity Amex is a great cash back card, especially if you already use Fidelity for your investments. 2% cash back right into your FIdelity account and no annual fee.