It happens. You might have not known that you had a lot of frequent flyer miles and rewards points before they expired and became useless. We all travel, shop, and stay at hotels, at least at some point of our life, and all these things earn us reward miles and points. These rewards can be used to purchase merchandise, book a flight ticket, or even pay monthly subscription charges. However, these reward points and miles also come with an expiry date.
Not all of us realize this, and end up losing all the miles and reward points for nothing. It is a good strategy to let the points accumulate in your account, so that you can sell miles or sell rewards points for the top dollar. Yet again, if you forgot to keep track of the expiry dates of your reward points, it won’t do any good at all.
How to Keep your Miles from Expiring
The first thing, obviously, would be to keep an eye on when your frequent flyer miles and hotel reward points are going to expire. Prepare a timeline for your reward points and set reminders for 30 to 45 days before the expiration dates. When the alarm goes off, contact a miles reseller and check the value of the points you have. This way, you can use the accumulated miles in time and earn some extra money from the free points.
Another thing to note is the value of your points. Different flyer miles might account to different pricing, and keeping an eye on the value changes would definitely help you determine when to sell miles. You can also make some bargains with your miles reseller, and negotiate on the final value before selling miles and reward points.
Some miles and points provider reset the reward expiration dates on account of points earnings and spending activities. Contact your frequent flyer miles and rewards points provider, and ask if they follow any such strategies, or if they have any promotional offers going on. If yes, you can tag on the deal and keep your points from expiring for a long time.