A co-worker recently pointed out a good option for redeeming your Diners Club points. It’s called the Tailored Travel Program and it offers a good exchange rate as well as cash in hand as opposed to certificates.
The premise of the program is that you use points to pay for any travel at the exchange of 80 points to a dollar. This includes anything related to travel such as hotel stays and car rentals. Diners Club leaves it up to you to determine what are travel expenses and what are not.
There is small print that points out a $5 handling fee when using the program, but the benefits are still pretty good.
You can compare this to other Diners Club programs that either provide you with merchant gift certificates at 100 points per dollar exchange rate or credit towards merchandise which is well over 100 points per dollar.
Maximize your points redemption and take advantage of the program!
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