A new year brings the perfect opportunity to assess whether your objectives have been achieved in the world of points and rewards, and to redefine them if necessary.
Check where you stand with your points (or cashback) balance according to your aspirations. Is the credit card in your wallet the best one for your needs?
Read our Milesopedia’s 2024 Credit Cards Awards in Canada, which will help you choose the best credit cards for your goals!
Are you heading in the right direction for 2024? Tools are available to help you organize your personal finances and calculate your rewards.
What’s more, the Milesopedia credit card comparator is always there to help you find the best credit card.
Spend some time at the beginning of the year to plan and optimize your future spending. This is the time to see if everything is going well or if you need to revise your strategy, especially for expenses like groceries!
In general, airline or hotel program status is earned between January 1 and December 31 of each year. If a certain level has been reached or exceeded during that year, the status is extended to the following year. Otherwise, it is lost.
Everything starts again from scratch on January 1, 2024. What will your status be for 2024? How much do you value it?
If you’ve achieved status recently, have you selected your benefits for the year (with Aeroplan and Marriott Bonvoy, in particular)?
Everything starts again from scratch on January 1, 2024. What will your status be for 2024? What value do you place on it?
Do you want to stick to just one airline or hotel chain? Or do you want to be free to choose any option?
The question is whether paying several hundred or thousands of dollars is worth it to get upgrades, be the first in line or get free breakfasts.
As a reminder, here are some examples of how to achieve status otherwise:
Hilton Honors,
Marriott Bonvoy
Have an American Express Platinum Cardholder
Be an American Express Business Platinum Cardholder
If you have achieved Platinum or Titanium status with Marriott Bonvoy during the year, don’t forget to choose your annual benefit.
The deadline is January 7, 2024. However, if you don’t, the default choice will be to receive “Five Nightly Upgrade Awards”.
Transfer your points only when you need them.
You never know when there will be a great promotion to transfer points between programs to get even more out of it!
For example, in 2023, there were promotions of :
These promotions can also be used for orphan points, which are about to expire or which you do not intend to use in the original program.
In 2023, there have been several changes and twists in the loyalty program and credit card environment:
In 2024, we expect greater stability on this side as :
Take the time to learn about the new programs at the grocery store and what they have to offer:
Don’t forget the shopping portals! Take advantage of these easily earned points to increase your point balance or cash back.
All you have to do is to go through one of these shopping portals and use their link BEFORE making the purchase on your favorite store’s website.
Plus, you can double dip when there are promotions with even better multipliers on long weekends, Black Friday, and during certain holidays or vacations.
And finally, keep an eye out for online offers from programs such as American Express, Scene+ and Avion Rewards. These can save you money year-round on all kinds of purchases.
Savings are here:
