This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

73% Don't Know How Many Rewards Miles/Points They Have

NEW YORK, April 10, 2013 /PRNewswire/ -- Seventy-three percent of Americans who have frequent flyer miles or credit card rewards points don't know how many they have, according to new research from ThePointsGuy.com, a travel news and advice website. Younger people are the least likely to keep track of their miles and points; 80% of 18-29 year-olds who have accumulated rewards don't know how many they have.

"Failing to keep track of your rewards miles and points is like throwing money away," said Brian Kelly, founder of ThePointsGuy.com. "There are good rewards programs for every type of consumer. Whether you're redeeming miles and points for first-class plane tickets, gift cards, cash back or something else, the cardinal rule is that you have to keep track of how many you have. Websites and apps are making it easier than ever to manage rewards, yet almost three out of four Americans aren't taking good care of their miles and points. That's alarming."

Twenty-seven percent of Americans who have frequent flyer miles admit that they have let some or all of their miles expire at some point. Kelly says there are easy ways to keep miles from expiring, such as making a small purchase from an airline's online shopping portal.

ThePointsGuy.com also found that only 67% of Americans collect rewards miles/points, and only 41% of Americans understand how frequent flyer programs work.

The survey was conducted by Princeton Survey Research Associates International (PSRAI) and can be seen in its entirety here: http://thepointsguy.com/2013/04/tpg-spring-cleaning-contest-and-national-survey-results-do-you-know-where-your-points-are

PSRAI obtained telephone interviews with a nationally representative sample of 1,003 adults living in the continental United States. Telephone interviews were conducted by landline (501) and cell phone (502, including 228 without a landline phone). Interviews were done in English by Princeton Data Source from February 28 through March 3, 2013. Statistical results are weighted to correct known demographic discrepancies. The margin of sampling error for the complete set of weighted data is plus or minus 3.5 percentage points.

About Brian Kelly and ThePointsGuy.com:

Brian Kelly is "The Points Guy." He shares his travel points knowledge with eager consumers across the globe via his website, ThePointsGuy.com.

Passionate about travel and adventure since his childhood, Brian's worldwide jetsetting earned him elite status with US Airways by his sophomore year in college. He later became a recruiter for a major investment bank; his extensive travel schedule enabled him to master the ins and outs of frequent flyer miles and credit card rewards programs. Due to the massive amount of interest in his advice, Brian left his job on Wall Street in June 2011 to work full-time as a travel blogger and consultant.

For More Information: Ted RossmanPublic Relations Manager ted.rossman@bankrate.com 917-368-8635

SOURCE Bankrate, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs