Wednesday, December 6, 2017

Don't Let Your Credit Card Rewards Expire

MoneyTips

2018 is approaching with speed, and Christmas will soon be over. While reviewing your personal finances might not be at the top of your to-do list right now, it's worth taking a few minutes to check your credit cards for any reward points you need to use up before the end of the year.

Although many newer credit card accounts offer a rewards system where points never run out, others still provide travel miles and rewards with an expiry date. The research firm Colloquy released a report in 2011, which showed that $16 million worth of rewards went unredeemed during that year.

It's worth taking time out of your holidays to log into your various credit card accounts and check whether you have any rewards balances you need to use up. It might be that those forgotten points can be put towards extra gifts or food for the upcoming

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