Travel points without the headache

Airline miles, hotel points and card rewards are everywhere. Some people use them to fly for almost nothing. Most people collect a few, forget about them and let them expire.

You don't need to become an expert to get real value. You need a simple system.

Pick one program to focus on

Spreading spending across five cards and three airlines means you never earn enough in any one place to use it. Choose the airline or travel program that flies from your nearest airport and suits the trips you actually take.

Never pay interest for points

This is the rule that matters most. Rewards cards usually charge high interest. If you carry a balance, the interest will wipe out the value of any points many times over. Only use a rewards card if you pay it off in full every month.

Watch the annual fee

A card with a yearly fee needs to earn more than it costs. Add up what you'd realistically earn and use, including any perks like checked bags or lounge access, and compare it honestly to the fee.

Use points for travel, not toasters

Most programs let you trade points for gift cards or merchandise. That's usually the worst value. Flights and hotel nights tend to stretch your points much further.

Set a reminder

Many points expire after a period without activity. Put a note in your calendar twice a year to check your balances and make a small purchase if you need to keep them active.

Keep it in proportion

Points are a bonus, not a reason to spend. The best travel deal is still the trip you could afford without them.

This article is general information, not financial advice. Check the terms of any card or program before you sign up.