These points can be redeemed for flights, but simultaneously dictate the status you have on an airline. If you earn a certain number of points per year, usually around 25,000, you will gain status on the airline for the following year. That status entitles you to seat upgrades, free bags, and a multiplier on points earned, as well as other small perks. The multiplier can be very valuable, as it can reach or exceed 100%.
