The company also serves the business market, managing corporate reward balances for companies around the U.S. In addition to tracking rewards points, AwardWallet enables customers to view a chart of rewards balances over a period and export that information into Excel. The company prides itself on not being affiliated with any of the loyalty programs it tracks. In addition to keeping tabs on your points, customers are notified when their balances change or prior to their points expiring.
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The free service, which is for both desktop computers and mobile phone users, tracks and monitors 692 reward programs. īoasting more than 584,000 active members, over the past 15 years AwardWallet has helped consumers manage more than 142.4 billion miles and points, representing more than $2.8 billion in value. This may make sense for those consumers who want to increase points for one program to get closer to a reward, are trying to prevent points from expiring or simply want to put unused points to work elsewhere.įor customers who don’t know what to do with their points, the Points Loyalty Wallet also lets you redeem points for gift cards from a slew of retailers including, Target, Starbucks and Best Buy. In addition to tracking points, users can convert points or miles from one loyalty program to another via the app’s exchange service. The company boasts bank-like security when it comes to protecting your account information. After signing into the reward program through, your memberships are consolidated into one dashboard where you can view real-time updates to your points. With the mobile app, you can see all your reward balances in one place and with a single login. That means the average member has to log in to 13 different websites. According to, the average loyalty member has 13 different programs requiring 13 different usernames and passwords. But it also has a handy and free mobile app to help consumers keep track of their points.ĭubbed the Points Loyalty Wallet, customers can track, exchange and redeem points and airline miles. Īn early player in managing reward points, is a Toronto-based technology company whose main business is providing technology and support to the companies that offer their customers rewards. Here are four apps that can help you manage your rewards. All want to help you manage your rewards better. They are free to use, offering different levels of service and features. Thanks to the prevalence of mobile phones, companies have emerged to help consumers keep track of their rewards points all in one place, usually with one or two taps of their mobile device. The good news: there are a handful of apps for that. According to a study conducted last spring, about three in ten credit cardholders never redeem their reward points. Navigating one loyalty program can be tough but multiply that by three or more and it’s no wonder so many rewards points go unused.
Power & Associates found 47% of consumers who made a move in the past twelve months were motivated by rewards.Īs a result, Americans have a lot of rewards points racking up, making it difficult to get a handle on it all. Power & Associates, the Costa, Mesa market research firm, an increasing number of consumers are switching credit cards, driven by rewards. It’s something that doesn’t appear to be changing anytime soon. The pursuit of points has even spurred a new hobby with countless millennials chasing after them.
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The rewards have gotten more generous over the years and consumers have become wiser in how to obtain them. Once a staple of only the airline industry, rewards points have gone mainstream. A favorite way to lure customers their way–rewards points. Competition for consumers’ dollars is fierce with credit card issuers and retailers jockeying for their business.
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