Points, Miles and Rewards Update

Here is the latest update of my points, miles and rewards program balances.

Southwest Airlines:  I just redeemed two vouchers for free flights that we will be taking in a few months.  That depletes my balance, but leaves me with 14.5 points, or 1.5 more points needed for another free flight.

MyPoints:  5,489 points.  I love MyPoints.  Are you a member?  If not, I highly recommend joining.  They send emails with offers for a variety of products.  You earn five points just for going to the recommended site.  Ten points for short surveys.  If you go through their site to a vendor such as Overstock.com, you will earn as much as ten points per dollar spent.  The points can be redeemed for gift cards or airline miles.  If you want to join, send me an email, and I'll send you an invitation.  You could go there yourself, but I get 100 points for recommending you.  Thanks!

Hilton Honors:  258,245 points.  This one's the biggie for me!  This is enough points to stay in their top of the line resorts for six nights, and have some left over.  By the time our honeymoon rolls around next year, I'll be able to use this for our lodging for the entire trip!

MBNA WorldPoints:  25,778 points.  I think I should use this.  I'm just not sure what I want to use it on.  25,000 points can be redeemed for $250 cash.  That would be a direct 1% payout.  A $50 Barnes & Noble, or Bed Bath & Beyond gift card would require 6,000 points.  That's just a 0.83% payout.  I can get merchandise.  I don't have enough for this, but a Microsoft XBox 360 is 76,900 points.  It's listed at Best Buy for $479.99.  That's a return on points of 0.62%.  Man, it keeps getting worse.  Perhaps I should just take the cash.

Discover Cash Back Bonus:  $78.41.  This means that I have $60 available to redeem, because they only let you redeemd in increments of $20.  I'll probably get a gift card or two.  Unlike MBNA, your value increases when you select gift cards over cash.

American Airlines AAdvantage Miles:  13,634 miles.

Comments

[LivingAlmostLarge]

I love mypoints cashed in for three food GC. And discover I used it for hollywoodvideo rentals since I live close to one and it doubles the value. And it's fun to just pull a coupon out to rent a video.

[jon]

can u tell us more about where and how you got airline miles/vouchers by cc or not

[credit card analyzer]

Is this a standard practice for banks to allow only $20 increments to redeem?