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The Best Ways To Use Frequent-Flier Mileage

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CBS Moneywatch - Using Frequent Flier MilesThese days, it’s easy to earn frequent-flier miles from your favorite airline – in fact, you don’t even need to fly.

All you need is a co-branded credit card and you can rack up miles for all your mundane purchases, from groceries to gasoline.

But when it comes time to redeem those miles for award travel, the restrictions and extra fees are enough to make your head spin. But don’t get discouraged just yet!

In an exclusive piece for CBS MoneyWatch, Peter shared his insider strategies to help you crack the airline miles code. Scroll down to watch the full video.

Need more advice? Then check out Peter’s MoneyWatch Q&A, “Best Ways to Use Frequent-Flier Miles,” where he goes in-depth on how to make the most of your mileage.

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