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Home Travel

Credit card miles likely to lose value as travel surges

by todayminutes
June 14, 2021
0

Liz Alvarez works on her travel deal all year round, telling 7 on Your Side’s Michael Finney, “I have my rewards card through Alaska Airlines and I use it on certain purchases, to make sure I get miles and keep my miles that I have, active.”

Like most of us during the pandemic Alvarez didn’t travel, so her Alaska miles piled up. A couple months back she started counting down the days till when she could book next year’s travel to Mexico.

“I think it was in April, because we go to Puerto Vallarta every year, we have a timeshare down there,” Alvarez says.

That booking strategy was genius and here’s why: during the pandemic, while we were working and staying at home, we kept earning miles and points by shopping online and having meals and groceries delivered. This while airports and hotels were empty and flights were flying half-full. Miles were going out; not many were being spent.

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