Due to the nature of my job as editor of hundreds of articles on how to maximize credit card rewards programs, you’d think I’d become adept at playing the frequent flier miles/points credit card game. Not.
In fact, after almost a decade of accumulating miles/points here and there on one frequent flier program (American Airlines AAdvantage) and on a newly acquired Capital One Venture card, I have never redeemed them for a “free” flight. I always saved them, thinking that someday I would really, really need to use them for emergency airfare.
That emergency happened last week.
I have 18,675 World Points on my TexasExes Bank of America rewards card, which I got for being a TexasEx via a telemarketer to alumni. The card had a low interest rate at first, but it’s popped into the stratosphere. (Don’t ask.) I really want to get rid of that interest rate, and will be calling Money Management International soon for help in getting it slashed. That will mean closing the account, so I might as well redeem the points first.