How I Earn 1 Million in Frequent Flier Miles Each Year (2024)

Last Updated: 5/10/24 | May 10th, 2024
Nomadic Matt has partnered with CardRatings for our coverage of credit card products. Some or all of the card offers on this page are from advertisers and compensation may impact how and where card products appear on the site. Nomadic Matt and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities. This page does not include all card companies or all available card offers.

The best way to travel when you don’t have any money is to take money out of the equation. OK, not completely. While you can travel really, really cheaply, some money is required (unless you want to go hobo-style like this guy, in which case, this article isn’t for you).

But, assuming you don’t want to do that, you are going to need some money for travel. But you don’t need as much as you think you do, especially if you work to make your two biggest expenses — accommodation and flights — virtually free.

How?

By using points and miles.

I’ve written about it before, but I’ve never really broken down how I earn all those points and miles and redeem them for the business-class flights you always see me enjoying on Instagram. In this post, I’ll go into detail and provide the step-by-step breakdown of exactly what I do to earn around one million points a year — all without traveling! (And, when you add in the miles and points I get from traveling, it’s well over a million per year!)

This is going to be a long post, so get your coffee or tea ready.

First, a refresher: collecting airline miles along with hotel and credit card points to get free travel is not about spending lots of money. The idea is to “game the system” and use rewards programs against themselves to get lots of points and miles without spending a lot of money or traveling a lot. You leverage these systems to your benefit.

And it’s not just for Americans — Canadians, UK residents, Australians, Kiwis, and Spaniards can work these systems in their favor. (In reality, anyone can, but it’s just easier if you’re in these countries. So, while I will use the American market as an example, as that is the one I have access to, the principles and strategies I use can apply to you. Just substitute your local cards and programs for mine!)

One quick note before we begin: in the points and miles world, my mileage earning is pretty small. I know people who earn multiple millions of miles a year but I value my time so why spend time earning miles I don’t need? I don’t waste time getting miles I don’t need.

Miles also lose value over time as airlines change their earning and burning rules so I would rather not waste time getting something with a decreasing value. Miles aren’t money.

Some people do this for the love of the game; I do this because I’m cheap and want to pay for as few flights and hotels as possible.

So here’s how I get those points and miles:

Step 1 – Get a Travel Credit Card

Credit cards are the tool through which you run your money in order to accumulate your points and miles. Think of them as the points-and-miles printing press. You can earn points and miles without them, but the process takes a lot longer and is a lot harder. To make this work, you will need a credit card.

When used properly, credit cards are smart financial instruments. You can earn hundreds of thousands of miles per year that enable you to travel for free (and they offer better purchasing protection than your debit card). Simply having them won’t send you into debt or cost you high interest rates. Just make sure not to spend more than you have and to pay off your bill each month.

So, the first thing I do is apply for a bunch of these credit cards.

But I don’t do it willy-nilly.

I have more cards than the average person needs, but I only apply for new cards to reach a specific goal. This is the important point to know before you begin: have a goal in mind. Think about the trip you want to take, where you want to stay, and how you want to get there, and then get the cards that help you get there.

What have I signed up for this year? In the last six months, I applied for the following cards (note: these offers are all expired and not currently available):

• The Chase Sapphire Preferred® Card – I re-applied for this card after a few years of not having it because the 80,000 point bonus it had at the time was hard to pass up.
• Hilton Honors American Express Surpass(R) Card and The Hilton Honors American Express Business Card – I’m trying to stay at more Hiltons so I picked up both these amazing cards for a total of 260,000 combined.
• The United(SM) Explorer Card – 40,000 miles.

Total points earned: 380,000

One thing to note about credit cards is that you can’t just sign up, cancel, and sign up again. Many card companies make you wait 18–24 months before you become eligible for a sign-up bonus again. I cycle through cards on a multi-year basis.

Therefore, I try to space out my sign-ups. I do two or three big credit card sign-up frenzies per year. This allows me to meet any minimum spending requirements (see below), allows the temporary dip the application causes in my credit score to go away, and gets me around any red flags the credit card companies have.

(Note: Chase has something called the 5/24 rule, which states people who’ve applied for more than five cards from any issuer within a 24-month period can’t get a new card from them so you want to get your Chase cards first. American Express also only lets you earn the bonus once per card per lifetime.)

Moreover, despite popular belief, having a lot of credit cards won’t hurt you. In fact, it can help you. Outside of your payment history, your utilization is the next most important factor in your credit score.

Don’t worry about anything else. If you have $100,000 in available credit but only are using $5,000, that’s better than only having $5,000 in credit and using it all every month. Having more cards can actually help your credit score because of the better utilization ratio they create.

If you want to know the current best deals, here’s a list of my favorite credit card offers that offer the biggest rewards.

Step 1a – Earn Points on Rent

Additionally, I earn points on my rent. If you’re a renter in the United States, you have to get Bilt. Bilt is a credit card that earns you points on paying rent, without transaction fees or an annual fee. Even if your landlord doesn’t take credit cards, you can pay with Bilt. It acts like a virtual bank account. And they mail checks too. It’s a great card. In fact, the bonus points structure is so good, I use it for most of my everyday purchases too. Here’s a complete breakdown of how it works. If you pay rent and do not get this card, you’re being foolish! It’s a must!

Total points earned: 30,000

Step 2 – Meet the Minimum Spending Requirements

Each of these cards comes with a minimum spending requirement before you can earn that bonus. You just don’t get it for nothing.

Here’s how the cards broke down:

• Chase: $4,000 minimum spend
• Hilton business card: $3,000 minimum spend
• Hilton personal card: $2,000 minimum spend
• United: $2,000 minimum spend

That meant I had to spend over $11,000 in three months in order to meet the requirements and earn my bonuses!

But my everyday spending isn’t anywhere close to that.

Since the purpose is to not spend extra money (you should absolutely not go into debt for this), I had to figure out ways to meet those spending requirements without incurring extra debt. Here’s how I did it:

• In the US, you can pay your federal tax bill on a credit card for a fee of 1.87%. I don’t pay all my taxes during the year so that at the end of the year, I have to pay them in one large chunk. I then time that tax payment with a credit card sign-up so I can get the bonus. Yes, there is a fee, but if you work out the math, it’s worth it. That took care of a big chunk of this.
• I time my purchases and sign-ups. If I have to move, buy furniture, need a computer, or join a gym, I sign up for a card and then charge my big purchases to the card.
• I go out to dinner with my friends, pay, and ask them to reimburse me. This is especially easy with apps like Venmo nowadays, where they can reimburse you easily at the exact moment of payment.
• I ask friends and family if they have a big purchase they wouldn’t mind letting me put on my card. This doesn’t always work but often friends and family will let me put it on my card as a favor and then they’ll pay me instead of the store.

Note: As I incur a lot of business expenses, it’s easy for me to meet the minimum spending requirements for business cards. The steps outlined above were used for the personal cards.

Total spend points earned: 25,000 (21,000 in spending, plus category bonuses (see below on food and office supplies; my tax bill represented half my spending)

Step 3 – Be Smart with Spending

1. Use category bonuses
In the movie Up in the Air, George Clooney’s character never wastes an opportunity to earn points. I’m the same way. I never, ever, ever just earn one point per dollar spent if I can get 2, 3, or 6 points per dollar spent.

Certain cards have what are known as category bonuses, where you receive 2–5 points per dollar spent. It varies by card, but common categories and bonuses are 2-4 points on restaurants and 2–3 points on airfare and other travel purchases.

For example, if I am buying an airline ticket, I’ll use the card that earns 5 miles for every dollar I spend on airfare. When I’m eating out, a different card that earns 4 points per dollar on dining. For everyday purchases that don’t fit neatly into a category, I use a card that earns 2 points per dollar on everything.

In short, I’m always trying to get more than one point for every dollar I spend.

2. Use airline shopping portals
All airlines, hotels, and travel brands have preferred merchants. These companies — ranging from clothing retailers to sporting good stores to office supply businesses and everything in between — partner with airlines’ (hotels’, etc.) special shopping malls. By ordering online through these malls, you can earn additional points.

You can use Evreward or Cash Back Monitor to discover the current best deals across various programs. Simply type in the merchant or product you want, and it will compile a list of bonuses the various point programs are offering at that moment so can you maximize the programs to purchase from.

Say, for example, you want new clothes from a specific store. Going into a physical store only gets you one point per dollar spent. By using Evreward, you can see the portal offering the best deal, sign in to that portal (you will need to connect your loyalty account), click the link to that store, and purchase online to earn three points per dollar spent. Suddenly, you get 300 points instead of 100 for your $100 shopping spree!

That’s basically what you do for everything. Always look to see where you can get extra points.

3. Use Dining Rewards Programs
Just like shopping portals, airlines also have dining rewards programs. You sign up with your frequent flier number, register your credit card, and get extra points when you dine at participating restaurants in the airline’s network (which rotate throughout the year). It’s important to note that while you can sign up for every program, you cannot register a credit card with more than one. That means that if your Chase Sapphire Preferred® Card is tied to your American Airlines account, you can’t earn miles on your United Airlines account with that same card.

Join one of the programs in the Rewards Network (they run all the dining programs) so you can get five miles per dollar spent once you became a “VIP member,” which happens after 12 dines. So if you get those 12 under your belt (so to speak) early in the year, for the rest of the year you’ll be racking up five points per dollar spent!

A note on keeping track of all this: As I was writing this post, I went to dinner with a few friends. My buddy Noah was like “This is too much to keep track of.” That’s a common feeling among people looking to get into points and miles. However, it appears more complicated than it really is. Once you know what cards give you what bonuses, the next step is to simply use the cards that get those bonuses and meet your goals.

You never want to spread yourself too thin though. having points all over the place will lead you to having low point balances in multiple accounts. I tend to stick to just a few accounts with my everyday spending on Chase Ultimate Rewards and American Express Membership Rewards since they are transferrable points. (Note: Since I solely fly Delta, I don’t worry about building miles in that account as I get plenty through flying and non-bonus business spending on the card.)

Total points earned per year: roughly 100,000-120,000 (spending and bonus category dependent)

Step 4 – Sign Up for Every Contest, Survey, and Deal in the World

Airlines and hotels often offer points and bonuses for signing up for a deal, taking a survey, filling out a form on Facebook, etc. The points here are small (100-1,000 at a time) but, over the course of a year, they can add up.

Moreover, the two companies below will give you cash for filling out consumer surveys:

• Swagbucks
• Inbox Dollars

Total points earned per year: 10,000-20,000

Step 5 – Buy Points/Miles….Sometimes

Airlines and hotels sometimes offer really good deals for points/miles and, if I know I am going to use them soon, I’ll buy them at a discount. This basically lets you buy flights for cheaper than booking them.

For example, Lifemiles (Avianca’s membership program) often does a promotion where you can get a 135% bonus on bought miles. If you max the promotion out, you usually get 352,000 miles for around $4,900, but at that rate, you’re buying miles for 1.4 cents per mile, which is an amazing deal. (The closer you get to 1 cent per mile, the better the deal! Follow websites like View from the Wing or One Mile at a Time and they alert you to all these point offers, break it down, and basically tell you if this is a good deal or not.)

It may sound crazy to spend that much money on miles (and you certainly don’t need to do it at all), but let’s put it in perspective. For 90,000 miles, you can book a one-way first-class flight from the US to Asia. Since you spent 1.4 cents per mile, that ticket works out to be $1,260. Not too bad for a first-class ticket, huh?

Buying points and miles is a way to pad your balance and buy tickets at a steep discount. I do this sometimes if I’m traveling soon and know I’m going to paying for the ticket anyway (I don’t always use miles when I travel). It’s not free, but I would rather buy a first-class ticket for $1,260 than an economy ticket for the same price.

Sometimes it’s about finding value and doing a bit of arbitrage to get more for less!

Points earned: 100,000 points

Step 6 – Cancel Cards I Don’t Use

Airline cards have fees so, when the yearly fee comes due, I’ll cancel the cards I don’t use or that don’t have a benefit to me. For example, the British Airways card: I used it for the sign-up miles and was done with it. It was canceled.

A hotel card with under a $100 annual fee? If it comes with a free night, it’s already worth the annual fee so I keep it.

Canceling cards doesn’t hurt your credit score. Old credit lines help, which is why I keep my oldest cards around. They have no fees and high limits so they anchor my credit score.

As I said before, what is important is your overall debt-to-credit ratio. So canceling a few cards lowers that ratio, but if I have no debt it doesn’t matter.

Moreover, I also transfer the credit lines to other cards with that card company so that I don’t lose the credit so be sure to ask your credit card company if you can do the same.

Step 7 — Get a Second Round of Cards

As I said in the beginning, I get cards twice a year. So, when it is time to get cards again, I get a bunch of new cards then repeat step 2 to meet any minimum spending requirements.

Total points earned: 200,000-300,000

Total points earned: roughly 975,000-1,060,000 per year

(The above tricks don’t count all the miles I earn via business expenses, which add up to an additional couple hundred thousand miles a year, putting me well over one million miles earned.)

A lot of this game depends on how much time and effort you put in. If I got more credit cards, I could earn more points. If I devoted more time to this, I could work the system more and get even more miles. I just don’t care enough. I have more miles than I need.

By using the eight steps outlined in this article, the sky is the limit on how many miles you can earn. It just depends on how much you want to ramp up each step. As I said before, my million miles per year is a small number compared to some of the other points and miles pros out there.

However, no matter your effort level, you should do this. Even if you travel only once a year. Using points and miles isn’t complicated. It’s simple and accessible to everyone.

After all, free travel is the best travel.

Nomadic Matt has partnered with CardRatings for our coverage of credit card products. Some or all of the card offers on this page are from advertisers and compensation may impact how and where card products appear on the site. Nomadic Matt and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities. This page does not include all card companies or all available card offers.