Thursday, July 16, 2015

Points and Mile Totals

Some of my classmates at pre-school have been asking me lately how many points and miles we have. I generally just say "this much" as I stretch out my hands, but in the interest of transparency, I'm willing to share our family totals to all 3 loyal readers of Lap Child Diaries.

Airlines
American AAdvantage - 600,000 miles
United MileagePlus - 400,000 miles
British Airways Avios - 215,000 miles
Aegean Airlines - 60,000 miles

Hotels
IHG Rewards Club - 113,000 points
Hilton HHonors - 104,000 points
Starwood SPG - 102,000 points
Club Carlson - 18,000 points
Hyatt Gold Passport- 600 points

Bank Rewards
Chase Ultimate Rewards - 392,000 points
Citi Thank You Points - 165,000 points

Now clearly, there are families (and even individuals) out there that have 1,000x more than we do, so we're really not trying to show off. We're just answering a question we get often, and there's no shame/pride here.

The truth is that these points and miles will only decrease in value over time. Programs "devalue" their points from time to time by increasing the prices for award redemptions, so we recommend not hoarding these rebate currencies. Cash you can save, but with loyalty points and miles, you should "earn and burn" as quickly as possible!

Any good redemption ideas for us?

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