3 Things to Know About the New PricePoints from Priceline

The Priceline VIP Rewards™ Visa® Card has an exciting new feature that could have you jetting off to your next vacation in no time. Now, cardholders have the option to earn 5x points for every dollar you spend when booking travel via Priceline, even when redeeming points. This means you could be racking up points with the online travel agency quickly.

What is PricePoints?

PricePoints is the name of the new program that allows cardholders to redeem their points directly on Priceline. Previously, cardholders would redeem their points for statement credits against any purchase made on the card, and points are worth a flat 1 cent apiece.

Now, cardholders don’t have to go through Barclays to redeem points. They can do so directly on the Priceline website.

A flight that costs $100 would cost 10,000 PricePoints. When redeeming points, you’ll be charged the full amount in cash at booking (while earning 5x per dollar spent, even on the discount). Then, you’ll receive a statement credit…

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This article was written by Ramsey Qubein and originally published on www.nerdwallet.com