Make sure you know the rules for each plan that you participate in. Especially since airlines like to change their rules with little notice. I belong to US Airways and their plan requires a deposit once every 36 months. However, AA requires a deposit at least once a year.
The same with hotel loyalty programs. The Hilton HHonors program requires a deposit at least once every 9 months. The best part about their program is that you can earn points for staying in their family of hotels or from online rewards sites.
I have a free airline ticket but I don't think I'll ever accumulate enough points for a hotel stay.
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