How to get the most out of your credit card points when it comes to travel

The Points Guy, Brian Kelly, joins TheStreet to explain how consumers can get the most out of their saved up credit card points.

Transcript

00:00 What are some of the most common mistakes that you see people make?

00:03 The mistakes I see people make are not accruing miles or a lot of people will say,

00:06 "Oh, the frequent flyer mile game, it's so expensive these days."

00:09 And that is true to an extent.

00:10 So, you know, the big three airlines, Delta, United and American,

00:14 they have increased the amount of miles you need to go.

00:16 Sometimes eye-poppingly so.

00:18 Delta is known for having 300,000 miles plus one way to Europe.

00:23 But here's the trick, people.

00:24 Don't put all your miles and points in those airlines.

00:27 Real people in the know, so use credit cards.

00:30 Be loyal to your credit card that allows you to transfer to a lot of different partners.

00:34 Because, for example, you want to fly Delta, you can fly Delta business class.

00:37 That same 300,000-mile ticket, you can get as low as 50,000 Virgin Atlantic miles.

00:42 So there's a hack to using Virgin Atlantic.

00:44 If you just Google "Virgin Atlantic award calendar trick,"

00:49 and you can snatch Delta flights super, super cheap.

00:53 So it's earn points in the U.S.

00:55 It's easy to earn points and then transfer them to foreign frequent flyer programs,

01:00 Air Canada Aeroplan, Air France Flying Blue, Virgin Atlantic,

01:04 and snag deals with those programs because they have lower thresholds

01:07 for the amount of miles needed.

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