5. Keeping a Track on the Rewards

This step might seem a bit redundant but is actually quite essential. According to Economic Times, many a times people tend to forget to cash their accumulated reward points. As these points have a limited redemption period, these points get lapsed if not redeemed within the stipulated period. So, it is extremely important to keep a track on reward points. As people have gone through great pains to accumulate the reward points, it is their right to redeem them. You can also keep a reminder on your phone about the due date of the earned reward points.