There are two distinct sides to travel hacking:

  1. Earn points and miles
  2. Burn points and miles

The earning is the easy part. My wife and I have been able to accumulate serious miles over the past couple years by many credit card sign up bonuses. And lately I’ve been pulling in some more from gift card reselling (SEE: My First Three Months of Reselling Gift Cards). 

Burning miles is, oddly enough, where I often run into trouble. I often end up hoarding my points and miles.

It is not that I don’t want to use my miles. I earned them with the obvious intention of using them. But too often I fall into the trap of the travel hackers “analysis paralysis”. Instead of using the miles or points for a *good* flight or hotel stay, I find myself trying to use them only on the *best* flight or hotel stay. I mean….why use them now if I’m not getting the BEST value!

Running off the “Analysis Paralysis” cliff

I recently ran straight off the cliff of travel hacking analysis paralysis this week. While trying to finalize hotel plans for our upcoming trip to Alberta (SEE: We’re going to Banff!), I couldn’t find a great use of my hotel points. We are already planning on one splurge: a cash night at the Fairmont Banff Springs. This will be covered by a checking account bonus offer from Bank of America, so it’s really not that bad.

But for the rest of the hotel nights we need, I couldn’t find a good redemption option. “Good” meaning I couldn’t get the value I expect from my points.

So I booked us at the Aloft Calgary University for 2 nights for $279 CAD. I came to the same decision on San Francisco Airport hotels. There were no “good” (read *best*) options, so I booked a night at a cheap (for SF) airport hotel through Expedia for just over $100 including taxes.

Making the conscious decision to use my miles and points

When I woke up this morning, I had a reality check. Why was I about to spend $300 on hotels when we could spend $0? Isn’t that the whole point of this hobby?

So I canceled both my bookings. I’m not thinking straight or hard enough, obviously, if I can’t find at least one option where we can use points.

I finally settled on using Hilton points for a night at the Hampton Inn SFO. Yeah, it is 37k Hilton points, but it is free. And the “value” of the stay is about $185 (which is still painful to me when are going to be there only long enough to sleep).

It also made sense because we could pay for parking at the Hampton Inn and simply leave our van there while away. Easy.

The Delta hotel at YYC is nice. And free with a certificate.

For Calgary, I settled on using a Marriott Annual night certificate for one of the nights. Yeah, it means we split our nights in Calgary, but one will be free. Plus, it’ll be an airport hotel connected to the terminal, which will make flying out super convenient.

We are still paying cash for the other. I still couldn’t bring myself to redeem either IHG or SPG points for horribly low value. But we are going to be able to now cover *both* the rental car and the single night at the Aloft with the remainder of our Chase Sapphire Reserve credit.

Analysis paralysis crisis averted

So now we will be out only the cost of gas for the drive to/from SFO and parking. The lodging is covered by free nights, points, and travel credits. The car is covered by the CSR credit. The flights were predominantly covered by Delta gift cards and United vouchers and a small amount of cash (like $60). Overall, it is going to be another cheap trip. I feel so much better about our plans, having made these adjustments.

This is yet another incident that is helping me learn to be okay spending miles and points for travel now rather than hoping to use them for the *best* possible trip later. Remember to “earn and burn” in this game. There is some wisdom in keeping a small stash of points in case something unexpected comes up, but don’t hoard. The value will only ever go down.

Header image courtesy of Lawrence OP under CC 2.0 license