The strategy is to quickly earn and burn point and miles. Over time, points and miles are constantly getting devalued. While airlines, hotels and credit card companies don’t typically decrease earning rates, airlines and hotels have increased award redemption levels to reduce their exposure risk to bloated points and miles inventories held by customers.

The key to optimal earning and redemption is to know the value of points and miles. For example, one Hyatt point isn’t equal to one Hilton point.

Additional details on these subjects can be found on the following topics:
– Earning
– Redemptions
– Valuations