Tracking and redeeming credit card reward points may sound tedious, but it’s actually one of the smartest ways to get more out of your everyday spending. From free flights and hotel stays to cashback and vouchers, your reward points can translate into real monetary value, if you know how to manage them well.

Ashish Lath, Founder and CEO of SaveSage, says, β€œThe biggest mistake most people make is not tracking their reward points at all. Many cardholders don’t even know what points they earn or how.

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