Sunday, 07 April 2024 17:53

How to accrue miles with a credit card?

Written by Karla Gutiérrez

Not all credit cards have this benefit for their users. Each financial institution, as well as each credit card, has different conditions and programs for its customers when it comes to earning miles.

In general, although there may be exceptions, most financial institutions have the equivalent of miles to dollars; that is, for every dollar you spend on purchases you receive one mile.

Ways in which you earn miles with a credit card:

1. You receive miles as a welcome to the program.

2. For your domestic and international purchases.

3. Additional points when you make transactions in establishments allied with your bank.

4.Your anniversary in the miles program.

5.There are cards that add up for each transfer.

6.Some entities offer mileage accrual with debit cards.

7.If you want your credit card to have this option, you should examine the features offered by the bank.

How to redeem miles?

Many people believe that buying tickets with miles is the only way to redeem them, however, you have many options when it comes to redeeming your accumulated points. Below is a list of products and services where you can use your miles:

1. Air tickets.

Hotel reservations.

3.Vehicle rental.

4.Vehicle repair shop services.

5. Entertainment (adventures, tours, amusement parks).

 

Translated by: A.M