Yes.. You can lose your rewards points when you miss a payment, when you do not use your credit card and when you do not read the fine print on regarding the the program or if there is a change in the redemption schedule..

There are also cases when credit cards do have expirations on the rewards points you have earned.. You must be aware of that before you get the card so that you can use or redeem the points you have accumulated..

Jonathan,
What do you mean by "protecting your rewards points"?

Is there a way to lose them, aside from using them?

Groupe Aeroplan is going to go a step higher by investing on Club Premier and AeroMexico's Frequent Flyer Program which would invite travel credit cards holders to use their cards more often and gain aero points. the card users would then earn a lot of points for them to use to get flight bookings for their future trips. furthermore, they can take advantage on the other promos where the aero points can be used.

MONTREAL, Apr 26, 2010 (Canada NewsWire via COMTEX) --
Groupe Aeroplan Inc. (TSX: AER | PowerRating), a leading international loyalty management corporation headquartered in Canada and Aerovias de México, S.A. de C.V. (AeroMexico), the leading domestic airline in Mexico, today announced that they have entered into an agreement pursuant to which Groupe Aeroplan will acquire a minority position in AeroMexico's frequent flyer program, Club Premier. The transaction, which is subject to the completion of due diligence, the negotiation of definitive documentation as well as customary closing conditions, is expected to close in the third quarter of 2010. Groupe Aeroplan will initially invest US$22 million in Club Premier, and will account for the investment under the cost method, with an additional US$12 million to be invested if certain performance milestones are achieved within 18 months of closing. Upon conclusion of the second tranche, Groupe Aeroplan will account for its investment under the equity method.

"As Groupe Aeroplan's first investment in an international frequent flyer program, this transaction represents a significant strategic milestone; it marks the export of our company's very successful Aeroplan Canada business model," said Rupert Duchesne, President and CEO, Groupe Aeroplan. "Mexico is a high growth market and one of the target countries of our global expansion strategy. This investment not only provides us with a stepping stone into the very important Latin American market, but it also reinforces our position as a global leader in loyalty management, allowing us to participate in the transformation of a frequent flyer program into a standalone, broad-based coalition loyalty program. We are looking forward to working with AeroMexico and Club Premier's talented management teams," added Duchesne.

Courtesy of TradingMarkets.Com

protecting your rewards points is very important. it is equivalent to cash because it can be redeemed with many thing like airline ticket, gift certificates, merchandises and more. choosing a rewards credit card that offers points protection is a great advantage for a credit card holder. i will safeguard your point from any fraud that is common in the business world today.

credit card companies have been acquiring security programs or systems that will assure the card users that their account is safe.

here is a link of some rewards credit cards in Canada. have a look and try to compare each of the credit cards.

http://www.canadian-money-advisor.ca/archives/2010/4/rewards+credit+card+canada.html

Here is an article that talks about rewards point that do have insurance but others do not offer such reward points protection.

It can take thousands of credit card reward points to book one vacation. If something came up and you needed to cancel that trip, do you know if your points come with insurance?

Laura Kraft of Gilbert said she used her Capital One credit card points to book a vacation to Canada.

“Those points are hard earned – a dollar a point. There’s a lot invested in it,” said Laura.

Laura said she wanted assurance that her points would be protected.

Courtesy of abc15.com

hi..

im planning to travel to Bahamas to experience and enjoy their marvelous beaches. i have been working so hard and i thought of giving myself a break to relax and unwind.

im going with some of my friends and i have heard from them that they are using their travel credit card to earn point that they can use when they will go on a trip in the future. im confused to what kind of credit card will i use because a cousin if mind told me beforehand that he had saved a lot of cash after he went for a trip to the Philippines.

which credit card will i gain more savings? a travel credit card where i can earn point to redeem flight tickets for my future trips or a cash back card in which money are returned to my account which in turn be used for other transactions.

i know i would be spending much with this upcoming getaway of mine. i can't imagine the blue waters while doing all the water sports that i can get. i know it has a price to pay.

hi..

with the amount you are spending and your purpose of using the travel points in your future trips, i would advice that you get a rewards credit card. i can suggest few cards for you. you can compare them and weigh out which card gives you more advantages over the others.

CIBC Aerogold® Visa™ Card

List of CIBC Aerogold Visa™ Card benefits
• 15, 000 bonus Aeroplan® Miles on the first purchase of the card which is equivalent to one economy class short-haul flight at the ClassicFlight® reward level.
• Earn 1 Aeroplan Mile every time a dollar is spent by the card user.
• 1.5 Aeroplan Miles awarded for purchasing gas, groceries and items from the drugstores.
• Aeroplan participating partners also give additional points when you use the card at their stores or shops.
• Air Canada and Air Canada Jazz including Executive Class/Executive First 1 are given free access for the card users for the available seat only.
• CIBC guarantees the client that points earned will not be lost even being inactive for 12 months.

BMO Gold AIR MILES MasterCard®

BMO Gold AIR MILES MasterCard additional benefits:
• 150 bonus reward miles instantly given with your first card purchase.
• Exclusive 25% discount on the number of reward miles required for all AIR MILES flights worldwide.
• BMO Travel Protection including Collision Damage Waiver coverage for car rentals. Save money for about $29/yr.

• 1 AIR MILES reward mile for every $15 in card purchases.
• Double reward miles at Shell locations in Canada once doing a purchase or avail any services.
• Double reward miles at National Car Rental & Alamo Rent A Car locations worldwide.
• 19.5% interest rate for this credit card.
• $99 annual fee is charged by the card company.

MBNA TravelRewards Platinum MasterCard

Try to check and evaluate the number of feature the card consist of:
• When purchasing, the amount of dollar you spent will also be the number of point you get. In other words, $1 is equals to I TravelRewards point.
• When having your first qualifying transaction, 5,000 TravelRewards point will be instantly given on your account.
• Anniversary date is always celebrated yearly and its client gets to enjoy a gift of 2,500 bonus points.
• Choose from the 75 airlines to which you prefer to use your travel rewards as exchange of your TravelRewards points. No blackouts.
• Enchant yourself with the Platinum card benefits that the company offers.
• Competitive annual fee of $89 charged but could be waived for being a good credit payer on your balances.
• Credit limit reaches up to $100,000 as an allowable credit to be spent and used by the card users.
• Fraud protection is present at all times making less hassles and burden on the customers.
• 24/7 customer service offered through online by logging in to your secure account.

• Stolen, lost or damage cards are quickly replaced in just a 48 hour waiting period. Additional cards are allowed and offered by the company for the convenience of the clients.
• Immediate cash access of $430,000 ABMs worldwide for this card and is widely recognized and accepted on more than millions of location around the globe.

should I be worried about getting travel rewards points for my trip to South America? I want to travel to four countries in South America over a six week period. I'm not sure the cost yet but what I am sure about is that it's not all go on my credit card.

As I'm reading on this site and seeing rewards credit cards. And I've talked to friends who collected travel rewards. it's probably a good idea to collect these points to use them on future trips.

The questions I've got are: if I'm spending close to $10,000 is there a better credit card to use for points? Should I be collected travel rewards or cash back? How can I tell the difference?

I'm concerned about exchange rates, insurances, any other benefits that I can get for spending this kind of money for my trip to South America

Any help would be appreciated

hi..

That's right. You can utilize other ways to get a ticket and witness how these pro golfers play their games.

How you ever been to a golf tournament? If you don't mind. I am just curious.

I would envy you if you have seen Tiger Woods up close in a golf tournament.

agreed, the tickets for the PGA golf tournament are probably not covered with the travel rewards credit card. But you could almost use your capital one cash back points to pay for them. So it is possible