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Ep 04 – If Redeeming Points and Miles Was Easy, Everyone Would Be Doing It
Manage episode 372519533 series 3497518
This episode gets into the context of what it’s like to redeem miles. We set the scene by talking about how award tickets are priced, what it means to have flexibility when booking, and what obstacles you might encounter.
The Takeoff podcast is brought to you by 10xTravel – a website and community with one simple goal: to help you travel more while spending less. 10xT publishes content related to credit card rewards, personal finance, travel, and lifestyle. Host Bryce Conway launched 10xT in 2014, but has been a fan and member of the points and miles community since 2011. He is the author of “Takeoff: How to Travel the World for Next to Nothing and How to Fix Your Credit: Do it Once. Do it Right. Get on with Your Life”, and his work has been featured in multiple national media outlets including Good Morning America, Money Magazine, and ABC Nightline News. Tune in to hear the 10xTravel team give you a clear path to entering the exciting world of traveling with points and miles.
Discussion Points:
- Laws we wish were in effect
- Redeeming miles = playing chess
- Searching all the award options quickly
- There is no central search platform for all points and miles
- Aggregators we have used- Expert Flyer, Point.me, SeatSpy
- Award travel pricing is unpredictable, and a limited commodity
- Travel dates, destination, price/value – usually you can only get two out of three
- How the team prioritizes the three
- Booking travel ‘wherever you can afford’ takes a lot of search time
- Common pricing models
- Sweet spots within the pricing models
- Standard vs. Saver awards
- Don’t beat yourself up for not getting the cheapest award fare- better to use, than lose, your points
- Tune in next time to learn more about booking with partners
- Check out all the resource links, take the free class, and join us in our FB group
Resources/Links:
33 episodes
Manage episode 372519533 series 3497518
This episode gets into the context of what it’s like to redeem miles. We set the scene by talking about how award tickets are priced, what it means to have flexibility when booking, and what obstacles you might encounter.
The Takeoff podcast is brought to you by 10xTravel – a website and community with one simple goal: to help you travel more while spending less. 10xT publishes content related to credit card rewards, personal finance, travel, and lifestyle. Host Bryce Conway launched 10xT in 2014, but has been a fan and member of the points and miles community since 2011. He is the author of “Takeoff: How to Travel the World for Next to Nothing and How to Fix Your Credit: Do it Once. Do it Right. Get on with Your Life”, and his work has been featured in multiple national media outlets including Good Morning America, Money Magazine, and ABC Nightline News. Tune in to hear the 10xTravel team give you a clear path to entering the exciting world of traveling with points and miles.
Discussion Points:
- Laws we wish were in effect
- Redeeming miles = playing chess
- Searching all the award options quickly
- There is no central search platform for all points and miles
- Aggregators we have used- Expert Flyer, Point.me, SeatSpy
- Award travel pricing is unpredictable, and a limited commodity
- Travel dates, destination, price/value – usually you can only get two out of three
- How the team prioritizes the three
- Booking travel ‘wherever you can afford’ takes a lot of search time
- Common pricing models
- Sweet spots within the pricing models
- Standard vs. Saver awards
- Don’t beat yourself up for not getting the cheapest award fare- better to use, than lose, your points
- Tune in next time to learn more about booking with partners
- Check out all the resource links, take the free class, and join us in our FB group
Resources/Links:
33 episodes
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