Part 2: How to Redeem Points or Miles of My Credit Card Rewards?

Best Reward Cards >>

I prefer understanding how to optimize rewards at a higher level to paying attention to daily tips to catch special promotions and expert-level mind-boggling tricks to earn reward points.  I am sometimes amazed at those people who have identified convoluted ways to earn points.

As one can only be approved of limited number of new credit cards in a year, and most of these credit cards have annual membership fee, it is actually important to plan ahead what one wants to redeem before applying for the right credit card which comes with sign-up bonus points.

Name	Issuer	Redeem URL	Note
Sapphire Preferred Visa, Ink Bold Visa w/ Ultimate Rewards	Chase	URL	·         20% off in flight tickets ·         Can be redeemed for cash $$ ·         One application per life-time ·         Allows transferring cardholder points to United Mileage, Southwest, Korean Air, British Airway of anyone ·         For Business.  Compare Ink cards
United MileagePlus Visa	Chase	Flights URL Hotels URL Cars URL	·         Star Alliance URL (e.g. Air Canada, Singapore) ·         Points needed URL: Asia, 32.5K; Europe, 30K; Australia, 40K
Southwest Rapid Rewards (All)	Chase	URL	·         Best use for redeeming Southwest flight tickets
British Airway Signature Visa	Chase	URL	·         Oneworld Airlines URL
Marriott Premier Visa	Chase	URL	·         Best use for redeeming Marriott hotel nights URL
Starwood Preferred Guest (SPG)	AMEX	All URL Hotels  URL Flights  URL	·         5th night free at Sheraton Hotel ·         +5K bonus for every 20K points transfer to miles ·         1:1 American Airline, British Airways, Japan Air, Asia Miles, Singapore ·         Allows transfer points to same household
AAdvantage	AMEX, Citi	All URL Flights URL	·         Oneworld Airlines URL, URL (Alaska, British Airway, Cathay, AA) ·         Mileages needed URL (Euroope, 60K; Asia, ~70K AA pts)
Hilton HHonors	AMEX, Citi	All URL Hotels URL	·         Find out which hotel and night to stay, then log in ·         Hotel nights redeem info  URL