Elite Status Chasers: Use Your Miles to Buy Everyone Else's Award Tickets
As a frequent flyer marching towards two million miles on a single airline (Delta), and realizing that there's no time to waste in securing status for the year ahead, I'm constantly torn when it comes to redeeming miles for award tickets. If you weren't aware, most airlines do not give you mileage credit for award tickets. So, while it's always a treat to exchange my SkyMiles for a free ticket, the status chaser in me cringes.
Here's an example: if flying from the east coast of the US to Hawaii, I'd earn nearly 10,000 elite-qualifying miles plus whatever spend was required to pay cash for the ticket. That's 10,000 miles closer to achieving the next Medallion elite tier within Delta's ranks, and it's also 10,000 more miles attributed to achieving the next million miler milestone. Atop that, any paid ticket will earn miles — the exact amount depends on the cost of the ticket and your current elite status tier — which can then be used for award tickets down the road.
Alternatively, I could exchange somewhere around 50,000 SkyMiles for that round-trip flight to Maui. The upside, of course, is the cost. I'll spend a few bucks out of pocket for taxes and fees, but otherwise it's a free ticket to paradise. The downside is that while I'm gone, I'm losing precious days to fly paid tickets necessary to maintain elite status for the year ahead, and the flight won't push my million miler odometer any further ahead.

For those with significant others, children and friends who don't fly often, there's a useful alternative. Pay cash for your ticket, and burn your miles when bringing other infrequent flyers along for the ride. For those who tend to cut things close in terms of achieving status, a single paid trip in place of an award trip could be the difference between achieving a certain tier and missing out on hugely valuable perks.
For families, this tactic is particularly useful. It enables the mileage-earning breadwinner to secure valuable elite-qualifying miles with each trip, while redeeming the miles one works hard to earn for someone who isn't chasing status. It also enables families to take more trips, more often.
Rather than waiting to earn enough miles to fly the entire family for free (or saving enough cash to fly everyone on paid tickets), my wife and I are soon flying to a ski destination on paid tickets while my parents come along to babysit our adopted newborn on award tickets. Neither of my parents fly enough to achieve elite status with an airline, so they won't miss the elite-qualifying miles the same way I would. Plus, you get the satisfaction of gifting someone free travel without hindering your march to requalifying for elite status.
Before you burn your miles to buy yourself a ticket, pause and ask two questions. First, is there an opportunity to turn a solo trip into a shared experience? And second, would it be worth paying cash for a ticket so you aren't scrambling to hit the next status tier at year-end? If you answer yes to both of these queries, burn those miles for your loved ones and take another step towards your elite status goal.
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Rewards
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
$395Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

