You wouldn’t put your entire 401(k) in one stock. Why are you doing it with your credit card points?
Credit card points expert Nick Ewen advises diversifying loyalty program currencies, similar to stock portfolio management, to mitigate risks of devaluation. He warns against consolidating all points into a single airline or credit card program, as changes by that program could significantly reduce the value of accumulated rewards. Ewen suggests a balanced approach, matching card choices to spending habits and travel goals, and prioritizing flexible points currencies over co-branded cards for greater redemption flexibility. AI
