‘This or That’: Booking With Points vs. Cash

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 10 March 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You’ve got a trip coming up. Should you use cash or points to book your travel and lodging? In this episode, Sean Pyles talks with travel writer Meghan Coyle about when you might want to use cash — and when points are your best bet. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:36.2	You have a trip coming up and are sitting on a pile of points.
0:39.3	Should you use them to book your travel or are you better off using cash instead?
0:43.3	Welcome to the Nerd Wallet Smart Money podcast where you send us your money questions and we answer them with the help of our genius nerds.
0:50.3	I'm Sean Piles.
0:52.3	In this episode of our This or that travel series, we're
0:55.5	examining paying with points. More specifically, when should you redeem your points? Should you
1:00.6	pay with cash most of the time and save your points for a big redemption? Or should you just use
1:05.0	your points on your next trip even if it's not very expensive? Here to tell us about it is
1:09.2	Megan Coyle. Megan is an editor on NerdWallet's
1:11.9	Travel Team, and she is one of the people who helps crunch the numbers and how much your points are
1:16.0	worth. Megan, welcome to Smart Money. Thanks for having me, Sean. So to start off, let's be really
1:22.0	specific about what kinds of points we're talking about here. Travelers can use airline points to book a free flight or hotel
	...

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