How to rent a car with points and miles — and get the best deal
Although many analysts predicted that post-COVID “revenge travel” would peak in 2022, ongoing research suggests consumers are still prioritizing spending money on travel. According to a 2023 Bankrate survey, planned leisure travel was up from 2022 — even as many Americans still had less than three months of emergency savings in the bank.
This demand has led to record-breaking revenue for the U.S. car rental industry, according to Auto Rental News data. Although rental car companies were hit hard in 2020, total revenue soared to $36.1 billion in 2022 and $38.3 billion in 2023. But while this is great news for the rental car industry, it often means higher car rental prices and lower availability for travelers.
Usually, I almost never recommend using rewards for rental car bookings since you can almost always find a rental car deal through AutoSlash, Hotwire, Kayak or Priceline if you don’t care what company you’re renting from. When these kinds of deals don’t exist, however, here’s what you need to know about booking a car rental with miles or points.