What To do With Your Frequent Flyer Miles

Travelers and consumers are very loyal when it comes to racking up miles on their favorite carriers and using credit cards to earn them miles even when they do not travel. But most travelers are not quite sure how to redeem their miles or how to best leverage them into good use before they expire worthless. Before you let your miles expire, think about magazine and newspaper subsciptions. There is no need to pay a dime out of pocket when you have miles that you can redeem. You can also gift those magazine to relatives or friends. The value is great. Take for example the Wall Street Journal. A 39-week subsciption will cost around a $129, but can be redeemed for as low as 2700 miles. Doing the math, it is easy to compute that 9 subsciptions of the WSJ would equal to one 25,000 mil flight redemption. The value of the 25,000 in subsciptions is $1161, and you don't have to jump through any hoops for availability or black-out dates. Other ideas to work your miles is to donate them to charities and 501c (3) non-profit organizations who will be grateful to put those awards into good use and give you the receipts for your generous donations. Many savvy travelers understand the rules and use their points to redeem upgrades, hotel stays, car rentals and other benefits. www.premieretravel.com