Just made another redemption

I've been using the Citi PremierPass Elite Mastercard for a lot of spending lately. I had earned over 12,000 flight points from a couple trips -- and needed to match them with $12,000 in spending to 'release' them.

Well, I'm done spending, and with $12,000 in spending I got 24,000 points. I used 20,000 of them to buy a roundtrip across the country to California, which would have cost $375 on its own. I got to choose the exact airline and times I wanted. The only restriction was it had to price out at $400 or less.

So for $12,000 in spending I got $375 in value, or about a 3% return. Not bad when you consider most cash back cards give you only 1% back.



Click here to learn about this unique credit card. Right now they're offering 20,000 points just for signing up and spending $600 on the card within 3 months -- enough for a free domestic ticket up to $400.