the eight habits of most successful point hackers are:
- Spend with credit cards to boost point earnings
- Be a member of at least two rewards programs
- Use flybuys and airline partner programs
- Have a credit card strategy to reduce interest and maximise points
- Research new credit card offers
- Pay for an annual fee
- Earn at least 0.75 points per dollar spent
- Aim for at least 1c per point when converting points
Save up reward points and redeem for a wide range of rewards, which means your hard-earned points can be redeemed for a wide range of rewards, from merchandise, gift cards, electronic goods, sports accessories, travel, events, equipment finance deposits, and even towards paying off your trade account.
Guess you wonder how can reward program provide you with offer and discount? Here is a clue.
Revenues include both core revenues (company's main business via retention, cross-sell, up-sell and new business via Member-Get-Member type programs and sharing positive reviews) and ancillary (typically membership fees, profits at redemption and money made via external partners who value the member base).
These points are then credited to your rewards account. You can redeem your points for rewards including flights, merchandise accommodation, travel packages, gift cards, cashback and products from the rewards store. Rewards credit cards can help you get more value from your purchases.
There are endless ways to earn reward points but the best part is, you don’t need to spend more to earn more points. The key is to think where and how you’re going to make your next purchase. It’s also important to choose and stick to one credit card that is attached to one rewards program that matches your spending habits and interests.