A recent survey of hundreds of American Express travel agents shows that consumers are capitalizing on travel discounts, using frequent-flier miles and credit card reward points, and booking trips closer to home to rein in their travel spending. "In fact, the vast majority of agents polled say their clients are adjusting to the recession by making slight changes to help offset their summer vacation costs," American Express said. "And according to agents (92%), topping the list of popular money-saving strategies is using credit card rewards points and/or frequent-flier miles toward the cost of summer vacations."

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