How Much Can You Make in Travel Miles

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How Much Can You Make in Travel Miles

If you spend $2,000 per month on your miles-earning credit cards, you can canada whatsapp number data up to $140 back in travel rewards, assuming a 1.4 cent return and 10 miles per dollar spent. If you did this consistently for a year, you could earn up to $1,680 credit card points, enough for a nice vacation to Europe or a tropical destination.

Points-Based Rewards Programs
A smiling man holds his credit card and smartphone.
Another category of credit card rewards programs are points-based rewards.

Credit cards offering points as rewards are more flexible in how you can redeem them. You can use credit card points for a wide variety of rewards, including travel. Sometimes you can also redeem them for cash.

One drawback of points-based rewards are they tend not to have less value for travel and cash redemption than miles cards and cash back cards respectively.