Earn Up to $400 Cash Back with this Offer!
featured star alliance yul

How to save money on flights with points?

To the point

With credit card points, you can save a lot of money on flights for your travels!

1 / Your goal: Save money on flights

Here, your goal is to be able to:

  • book on the website that suits you the most (Air France, Kiwi.com, Skyscanner, Momondo…)
  • travel on the dates that suit you
  • Take the itinerary of your choice
  • Use the airlines that are right for you
  • etc.
kiwi nomad 2

So you want more freedom than the one you could have with Aeroplan or AIR MILES. You should always hold a credit card with travel points: it will offer you some flexibility!

Sometimes, we use credit cards with hotel points to get free hotel nights, while on other occasions, we redeem travel points to pay for a flight!

2 / Loyalty Programs to save on flights

Some will offer you the possibility:

  • to book with any travel agency or airline
  • while others will have their own online agency, often offering the same prices

Of course, we will prefer programs that offer more flexibility, but we should not disregard the others!

Here are the top 4 travel reward programs to save money on flights:

American Express Membership Rewards Points (flexible option)

With the Membership Rewards program, you can apply points to any flight purchase charged to one of the six Membership Rewards Cards.

You can apply 1,000 points for a $10 credit or 10,000 points = $100. Below, an Air Transat flight booked with an American Express Card:

cobalt transat

So 25,000 Membership Rewards can save $250 on a flight!

American Express Membership Rewards Points (fixed option)

For some flights, American Express has assigned a fixed chart: you will be able to use a predetermined number of points based on the cost of your flight.

amex points fixes eco

So, in this case, 15,000 privilege points = $300! An option to keep in mind, detailed here.

Scotia Rewards

Scotia Rewards Points can be applied directly to the purchase of your airfare on one of the cards in the program.

You will be able to use 5,000 points for a credit of $50 or 10,000 points = $100.

points bonis scotia sncf appliquer

So 25,000 Scotia Rewards points can save you $250 on your flight!

BMO Rewards

BMO Rewards program works differently: you must use BMO’s travel booking portal to redeem points earned with one of the three credit cards that are part of the program.

The exchange rate will always be the same when using points for travel, in this case here to save on airfares: 10,000 points = $71

bmo rewards

So 35,000 BMO Rewards points can save you $250 on your flight!

3 / Credit cards to save money on flights

With the goal and programs set, we can now look at credit cards that earn points to save money on airfares.

American Express Membership Rewards Cards

Here are the 7 Cards of the American Express Membership Rewards Program and whose points can save you money on your flights.

Consumer Cards

Small Business Cards

The American Express Cobalt™ Card is the best American Express Credit Card.

With the American Express Cobalt™ Card, you earn between 1 and 5 points per dollar:

Category Points per dollar
Grocery 5
Food delivery 5
Restaurants and bars 5
Convenience stores 5
Gas station 2
Gas & Transit 2
Travel 2
Other 1

For a limited time, new American Express Cobalt Cardmembers can earn up to 45,000 welcome bonus points. This is the largest welcome offer ever offered by American Express for this Card. And it’s the most generous welcome offer for a credit card with no minimum income requirement!

This is a $450 value when you use your points for travel purchases made with the Card (flights, hotels, Airbnb rentals, etc.). And up to $900 when using the American Express Fixed Point Travel Program to book flights!

Scotia Rewards Credit Cards

Here are the 3 best credit cards in the Scotia Rewards program.

The most interesting in our opinion are:

BMO Rewards Credit Cards

There are 2 cards that are part of the BMO Rewards program:

The BMO® Rewards® Mastercard®* is one of the best no-annual-fee credit cards in Canada.

For a limited time, you can get a welcome bonus of 15,000 points.

And you can also get a 1.99% introductory interest rate on Balance Transfers for 9 months.

“His big sister,” the BMO® World Elite®* Mastercard®* is one of the most-known travel point cards. Its insurance package is excellent and it offers 4 free access to VIP airport lounges every year.

Conclusion

To apply this strategy to save on airline tickets with Reward Points, you could only focus on one program. Or you can get into multiple programs, which is ideal for a couple: each of you applying for a different card.

The three best cards in our eyes are:

Also, as you can see, these cards sometimes require a high income ($60,000 – $80,000/year), while others require lower income ($12,000 with the Scotiabank Gold American Express® Card) or even no minimum income (American Express Cobalt™ Card).

So everyone can benefit from travel points to save on flights!

Leave a Reply

Suggested Reading