Uploaded on

Frequent Miler presentation at 2012 LA FTU.

Frequent Miler presentation at 2012 LA FTU.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
608
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
20
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide
  • Assume 25 $500 Visas @ $4.95 = $123.50
  • 50 $500 Visas at $4.95 = $247.5025 Target loads at $3 = $75Total: $322.50
  • 50 loads at $3.95 = $197
  • 100 $500 Visa or Amex cards @ $4.95 each = $495100 $500 Vanilla Reload cards @ $3.95 each = $395
  • 100 $500 Vanilla Reload cards @ $3.95 each = $395
  • More than 15 times more than 1X scenario!100 $500 Visa or Amex cards @ $4.95 each = $495100 $500 Vanilla Reload cards @ $3.95 each = $395
  • $4.95 per Visa + $3.95 per debit transaction = $8.90 per payment40 payments = $356

Transcript

  • 1. Ormore!
  • 2. Big Scores Credit card churning Mega shopping deals Category bonuses
  • 3. First, a moment of silence…
  • 4. The Original 5X Everywhere “One Card to Rule them All”
  • 5. Then came Bluebird 5X everywhere + Bill Pay!
  • 6. Another moment of silence…
  • 7. 5XEverywhere Lives On
  • 8. Vanilla Visa & Merchant Gift cards
  • 9. Vanilla Visa + Target
  • 10. Vanilla Visa + Vanilla Reload
  • 11. Hilton Amex + Vanilla Reload 6X
  • 12. Forward 5X
  • 13. 5X Options ComparedOption Cost to load Fee % ATM? Bill Pay? $500Vanilla Visa $4.95 .99 No NoVanilla Visa + $6.45 1.29 Yes NoTargetVanilla Visa + $8.90 1.78 Yes YesVanilla ReloadHilton Amex + $3.95 .79 Yes YesVanilla ReloadForward 5X $3.95 .79 Yes No
  • 14. How big is this?
  • 15. Living 1XConsider these example annual expenses:• $20K credit card spend• $25K checks and bank transfers• $5K ATM withdrawalsPoints per year earned from typical credit card: $20K spend X 1 = 20,000 points
  • 16. Category Bonuses 6X 5X groceries, telecom, gas, drug cable, stores internet,office supply 2X 5X Travel, restaurants,(restaurants) bookstores, movies Average ~3X Points per year earned: $20K spend X 3 = 60,000 points
  • 17. 5X : Vanilla Visa & merchant gift cardsAverage ~5XAnnual cost depends on gift cards used: ~$120Points per year earned: $20K spend X 5 = 100,000 points (or 88,000 for free)
  • 18. 5X: Vanilla Visa + TargetAverage 5X across all credit and cash expensesAnnual cost: ~$325Points per year earned: $25K spend X 5 = 125,000 points (or 92,500 for free)
  • 19. 5X: ForwardAverage 5X across all credit and cash expensesAnnual cost: ~$200Points per year earned: $25K spend X 5 = 125,000 points* (or 105,000 for free)* $1K limit may be a deal breaker
  • 20. 5X: Vanilla Visa + Vanilla ReloadAverage 5X across all expensesAnnual cost: $890Points per year earned: $50K spend X 5 = 250,000 points (or 161,000 for free)
  • 21. 6X: Hilton Amex + Vanilla ReloadAverage 6X across all expensesAnnual cost: $395Points per year earned: $50K spend X 6 = 300,000 points (but, points are not as valuable)
  • 22. Beyond 5X
  • 23. Beyond 5X Everywhere• Pay all credit charges with best credit card • $20K X 3 = 60K points• Pay all bills (including credit card bills) & ATM with Bluebird • $50K X 5 = 250K pointsAnnual cost: $890Points per year earned: 310,000 (or 221,000 for free)
  • 24. Life Beyond 5XOnce a week:• [Go to Office Depot, buy two $500 Vanilla Visa cards]• Go to drug store, buy two Vanilla Reload cards• Go home, load Vanilla Reload cards to Bluebird• Use Bluebird to pay bills & transfer money to checkingAs needed:• Use best credit card for purchases• Use Bluebird for ATM
  • 25. Comparing TechniquesTechnique Points Cost Cost per Pain Earned Point1X 20K $0 $0 NoneCategory Bonuses ~3X 60K $0 $0 LowVanilla Visa + Gift Cards 100K ~$120 $0.0012 HighForward B&N 125K ~$200 $0.0016 MediumVanilla Visa + Target 125K ~$320 $0.0026 HighVanilla Visa + Vanilla 250K $890 $0.0036 HighReloadHilton + Vanilla Reload 300K $395 $0.0013 MediumBeyond 5X 310K $890 $0.0029 High
  • 26. A moving target CVS Office Depot Wal- greens
  • 27. Use Caution
  • 28. Questions?
  • 29. Reload Cards
  • 30. Paying Federal Taxes
  • 31. Federal Taxes, Two Good OptionsFor example, assume $20K in taxes…• Pay with mile earning debit card (e.g. SunTrust Delta card): • Earn 1 mile per dollar • Cost = $3.49 • Miles earned = 20,000• Pay with gift cards: • Buy 40 $500 Visa cards at 5X • Call Official Payments and use cards as debit cards • Cost = $356 • Miles earned = 100,000 (or 64,400 free)