We had a discussion last night about our differences in frequent flyer mile earning styles and it has become clear to me that we do differ in our approach. It makes us both better at what we do. Gary’s approach is to collect frequent flyer miles known as RDM “redeemable miles”. Every frequent flyer mile is a RDM.
I look at both types of frequent flyer miles, RDM’s and EQM’s or elite qualifying miles. All EQM’s are RDM’s, but not all RDM’s are EQM’s (repeat 3 times fast then memorize).
An elite qualifying mile is much more valuable to me. I will only buy (ugh, I hate that word) or acquire redeemable miles at 1 cent each. Elite qualifying miles are worth about 3.5 cents to me and I will pay that for an airline ticket that gives me EQM’s in my frequent flyer program of choice. When I switched away from using airline affiliated credit cards for everyday purchases, I sacrificed earning RDMs for the sake of better EQM earning capabilities because I do fly so often.
Elite qualifying miles are what give you status within a airlines frequent flyer program. The status gives you: more RDM’s per mile flown, free or discounted upgrades, higher standby priority on full flights, a dedicated Elite phone line to the airline, and extra assistance in the event of irregular operations.
It is “travel today” tommorrow. I am taking 4 friends to Hawaii for a four day quick trip. The fare was a mistake fare I found, that ending up costing us $217 each from Atlanta to Honolulu. I did some trading with other friends and got us upgraded to first class on most of the segments at about $50 for each of us. So we are off to Pearl Harbor on Oahu, and Waimea Canyon, Hanalei (home of Puff the Magic Dragon) and the NaPali coast on Kauai, the filming spot of Jurassic Park.
I’ll blog again from Hawaii.
IHG® Rewards Club Select Credit Card
- Annual Fee: $49 fee waived for the first year
- Foreign Fees: No
- Card Type: Hotel
The IHG Rewards Club Visa is often cited as one of the most underrated hotel credit cards, with good reason. The official offer is for 70,000 points after $1,000 spent within three months, with the first year’s fee waived. The card comes with an annual free night certificate that can be used at any IHG property, including Intercontinental hotels - making this certificate worth upwards of 50,000 points. This is far more generous than some other hotel cards, which limit the categories in which free night certificates can be redeemed.
Cardholders earn 5 points per dollar at IHG hotels; 2 points per dollar at gas stations, grocery stores, and restaurants; 1 point per dollar everywhere else. Moreover, you’ll get a 10% rebate on award redemptions, up to 100,000 points per year. The card also comes with Platinum status, though that doesn’t get you much with IHG. Still, this is a fantastic card to have in your wallet, with benefits that far outweigh the already low $49 annual fee.
- Earn 70,000 bonus points after you spend $1,000 in the first 3 months of account opening
- Enjoy a free night of card membership at over 4,700 hotels worldwide
- Earn 5 points for each $1 spent at our hotels
- Earn 2 points per $1 spent on purchases at gas stations, grocery stores and restaurants
- Bonus points redeemable at hotels such as Intercontinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts and Holiday Inn®
- Automatic platinum elite status, as long as you remain a cardmember
- $0 introductory annual fee the first year, then $49