Hotel points and airline miles both fund free trips, but most people cannot maximise both, so the priority should follow your travel pattern and costs.

Airline miles usually give the biggest single saving, since flights are often the most expensive part of a trip and miles are harder to earn in bulk.

Hotel points are often easier to earn and use, and for multi-night trips the hotel bill can exceed the flight cost, making hotel points the better first target.

Transferable bank points sidestep the choice by letting you decide at booking time. Otherwise, save for whichever part of your next trip costs you the most cash.