In the world of credit cards and loyalty programs, rewards enthusiasts often seek ways to maximize their earnings potential. One strategy that has gained popularity in recent years is "stacking rewards," which involves combining credit card rewards with loyalty program benefits to earn even more points, miles, or cash back. In this article, we'll delve into the concept of stacking rewards, explore the different types of programs that can be combined, and provide tips on how to make the most of this strategy.

Understanding Stacking Rewards

Stacking rewards is a technique used by savvy credit card holders and loyalty program members to earn multiple rewards from a single purchase. The idea is to use a credit card that offers rewards in conjunction with a loyalty program that provides additional benefits, resulting in a cumulative effect that amplifies the overall reward earnings.

Types of Programs That Can Be Stacked

Several types of programs can be stacked to maximize rewards earnings:

  1. Credit Card Rewards Programs: These are the rewards programs offered by credit card issuers, such as cash back, points, or travel miles.

  2. Loyalty Programs: These are programs operated by retailers, airlines, hotels, and other merchants that offer rewards to loyal customers.

  3. Coalition Loyalty Programs: These are programs that allow members to earn and redeem points across multiple brands and merchants.

Examples of Stackable Rewards Programs

  1. Chase Sapphire Preferred + United Airlines MileagePlus: Earn 2X points on travel and dining purchases with the Chase Sapphire Preferred card, plus additional miles for flying with United Airlines through their MileagePlus program.

  2. Citi Premier + American Airlines AAdvantage: Earn 3X points on travel purchases with the Citi Premier card, plus additional miles for flying with American Airlines through their AAdvantage program.

  3. IHG Rewards Club + Chase IHG Rewards Club Select Credit Card: Earn points for staying at IHG hotels through their rewards club program, plus additional points for using the Chase IHG Rewards Club Select credit card.

Tips for Stacking Rewards

  1. Choose Complementary Programs: Select programs that complement each other in terms of earnings categories and redemption options.

  2. Understand Program Terms: Carefully review the terms and conditions of each program to ensure you understand how rewards are earned and redeemed.

  3. Maximize Earnings Categories: Use credit cards and loyalty programs that offer bonus earnings in specific categories, such as travel or dining.

  4. Monitor Program Changes: Keep track of changes to program terms, earnings rates, and redemption options to adjust your strategy accordingly.

Real-World Examples

  1. Stacking Rewards at Grocery Stores: Earn 3X points on grocery purchases with the American Express Blue Cash Preferred card, plus additional rewards through a store loyalty program like Kroger's Plus Card.

  2. Maximizing Travel Rewards: Earn 5X points on air travel purchases with the Citi Premier card, plus additional miles for flying with an airline loyalty program like Delta SkyMiles.

Conclusion

Stacking rewards is a powerful strategy for maximizing earnings potential from credit cards and loyalty programs. By combining complementary programs and understanding the terms and conditions of each, you can earn even more points, miles, or cash back on your purchases. Remember to choose programs that align with your spending habits and redemption goals, and always monitor program changes to adjust your strategy accordingly.