Credit card rewards are one of the best financial perks available to savvy consumers. Yet according to recent surveys, more than 30% of rewards go unredeemed each year. Understanding how to optimise your points or cashback can make a meaningful difference to your finances.

From booking travel at peak redemption rates to transferring points to partner loyalty programmes, the strategies available have never been more powerful.

Top Redemption Strategies

• Transfer points to airline or hotel partners for outsized value
• Redeem for statement credits to offset large purchases
• Use travel portals to book flights and hotels at fixed rates
• Stack rewards with shopping portals for double-dipping
• Gift cards often offer 10-20% bonus value at select retailers