Learning the value of transferable points during this uncertain time: TPG reader success story

May 10, 2020

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We’ve been asking to hear your travel success and mistake stories to both celebrate and help our TPG U.K. community — even if you’re not travelling right now.

This week, Johnny wrote in to share how his credit card was giving him a valuable choice while he is unsure of his travel plans.

“Just a note to you about the Capital on Tap Rewards Business Rewards credit card, which I successfully applied for after seeing a review of the product on your site.

In these strange times, this card definitely has a great advantage for anybody who’s wondering whether their points and miles might be swallowed up by an airline administration. This is because the Capital on Tap points you earn as a welcome bonus for reaching the minimum spend on this card, as well as for everyday business expenses, remain in your account until you decide whether to convert them to British Airways Avios or as a cashback option.

Up until this month, I had been converting all of my Capital on Tap points straight into my Avios account. But given I’m not travelling right now and there are so many unknowns with the future of airlines and their loyalty programmes, the approximately 25,000 Capital on Tap per month that I’ve been earning are going to now stay right where they are for the foreseeable future.”

We are big fans of transferable points like Capital on Tap points and American Express Membership Rewards points. Not only do you always have options of how to use them, but you can keep them in your credit card account’s programme until you decide to use them. This means your points don’t get stuck somewhere you can’t use them.

Featured image by Ben Smithson/The Points Guy.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.