Credit Card News

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Travel » Frequent Flyer Credit Card Holders Let Vacation Days Expire and Miss Great Fall Travel Deals

Frequent Flyer Credit Card Holders Let Vacation Days Expire and Miss Great Fall Travel Deals

Add to Favorites:
Frequent Flyer Credit Card Holders Let Vacation Days Expire and Miss Great Fall Travel Deals
September
27

Americans love to tell people how busy they are, almost making it a point of pride never to take a vacation. But a new survey from American Express shows that some people might be taking their workaholic habits too far, leaving vacation days to linger until they expire, instead of taking advantage of frequent flyer miles and paid vacation days to take a much-needed getaway trip.

According to the American Express Spending & Saving Tracker report released this week, 85 percent of employees say they earn paid vacation days, but 17 percent of them say them won’t use them, letting them expire at the end of the year. Americans with jobs that provide paid vacation currently have an average of eight unused vacation days, and 34 percent of them say the days will expire if they don’t use them by the end of 2012.

Of those who do choose to use their paid vacation days, 60 percent say they plan to stay home, having a “staycation” instead of a true vacation. Only 40 percent of them will book a fall getaway – which is unfortunate, since fall offers some of the best travel deals all year.

Leaves Fall, Prices Fall

David Patron, vice president of American Express Travel, says that “The fall travel period, known as the ‘shoulder season’ between the peak summer and winter travel seasons, is a great time for travelers to find rich deals before the busy holiday travel season hits.” He urges people not to overlook the many good travel deals to be had in the fall, when schools are back in session and families generally don’t take vacations, leaving more reward travel fares open for frequent flyers.

The American Express Travel Insiders program helps customers plan trips and take full advantage of travel offers, and they offer these great fall travel tips:

  • Look for fall festivals organized around things like apple-picking and wine-harvest days, which can be the centerpiece of a beautiful fall trip.
  • Fall travel is a great chance to rest and relax before the busy holiday season hits.
  • Honeymooners or anyone looking for a quiet getaway for two can count on popular family destinations to be more romance-friendly this time of year, with school back in session.
  • Europe and the Caribbean are less humid, less crowded, and cheaper in the fall.

Don’t Leave Rewards on the Table

American Express says that only 21 percent of those surveyed plan to use credit card loyalty points to save money on their fall travels, although 41 percent of them plan to travel by air.

It could be that people don’t know how to use the miles or points on their credit cards, due to confusing terms and conditions and programs that all operate according to different rules. Credit-Land.com recently published an article outlining different types of frequent flyer programs and helping readers understand how they work, which could be the key for many credit card holders who want to use rewards but don’t know how they work.

Anyone who doesn’t have a travel rewards credit card should seriously consider the savings they could get from one – there are many to choose from, and the only requirement for most is that customers need to have good or excellent credit.

If people feel their reward points burning a hole in their pocket, they might just be more eager to take those paid vacation days after all.

Add to Favorites:

Related News:

New Car Care Credit Card From Synchrony

By Dar Dowling, Posted: March 22, 2017

Synchrony Financial is rolling out a new credit card designed with car owners in mind. The new Synchrony Car Care Card gives people a way to pay for their card repair and maintenance purchases. Continue reading
Economic Optimism on the Upswing

By Dar Dowling, Posted: March 21, 2017

Economic optimism is high for U.S. finance executives, according to a new study by American Express and Institutional Investor Thought Leadership Studio. Continue reading
Tax Refunds Slated for Big Purchases

By Dar Dowling, Posted: March 20, 2017

If you're planning on making a big purchase and using your tax refund to get it, you are not alone according to a new study by new SunTrust Banks. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Unlimited 1.5x rewards on every purchase, every day. For every $1 you spend, you earn 1.5x Miles.
For Excellent, Good Credit
Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
For Excellent/Good Credit
Earn 30,000 bonus points after $3,000 in purchases made with your card in the first 3 months the account is open
For Excellent Credit