5 travel rewards myths that could cost you

cheryl

cheryl

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5 travel rewards myths that could cost you - Newsday

Twenty-four years ago, I knew so little about travel rewards that I took an around-the-world trip without signing up for a single frequent traveler program. Those lost points and miles still haunt me.

Fast forward to last summer, when our family stayed two nights at a luxury hotel in Venice, Italy. Our room would have cost an eye-popping €1,500, or about $1,700, per night. Thanks to the points I'd accumulated using a travel rewards credit card, this over-the-top stay was free.

There's definitely a learning curve involved when it comes to travel rewards, but delaying your education can be costly if you love to travel. For example, many people misunderstand how much points are worth, either over- or underestimating how much free travel they can get, according to a recent NerdWallet survey .
 
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