Getting Started With
Miles and Points
Summer Hull – Mommy Points
Ed Pizzarello – Pizza in Motion
Who Are We?
© Lypht, LLC All Rights Reserved
Summer Hull
www.mommypoints.com
Twitter: @mommy_points
Email: mommypoints@mommypoints.com...
Who Are We?
© Lypht, LLC All Rights Reserved
Ed Pizzarello
www.pizzainmotion.com
Twitter: @pizzainmotion
Email: ed@milepoint.com
Pizza...
© Lypht, LLC All Rights Reserved
What We’re Going to Talk About
• Why Collect Miles and Points
• Things to Think About Up-...
Connect With Relatives
Show Your Kids the World
Connect With Each Other
Spread Out
Arrive Rested
Eat Awesome Food
Stay Places We Could Never Afford
Just Have Fun
© Lypht, LLC All Rights Reserved
Things to Think About Upfront
© Lypht, LLC All Rights Reserved
What Are Your Goals?
• Domestic tickets for multiple people
• International first class f...
© Lypht, LLC All Rights Reserved
Your goals should dictate your actions.
It’s much easier to know where to start
when you ...
© Lypht, LLC All Rights Reserved
Reach your first miles and points goal
and then set a new one. The goal is to
use them, n...
© Lypht, LLC All Rights Reserved
• Start small
• Don’t worry about what others
are doing
• Do what is right for you
• Don’...
© Lypht, LLC All Rights Reserved
© Lypht, LLC All Rights Reserved
Award Wallet
© Lypht, LLC All Rights Reserved
• Set due dates on the same day
• Pay bills online
• Use a spread sheet
• Use service lik...
© Lypht, LLC All Rights Reserved
Miles and points collecting
can take as much or as little
time as you want.
© Lypht, LLC All Rights Reserved
Be aware that “free” isn’t
always free…but sometimes
it can be close.
© Lypht, LLC All Rights Reserved
Burning well is harder than
earning, so pay attention to
both.
© Lypht, LLC All Rights Reserved
Earning Miles and
Points
© Lypht, LLC All Rights Reserved
• Credit cards
• Debit cards
• Online shopping
• Traveling
• Promotions
• Dining Programs...
© Lypht, LLC All Rights Reserved
Credit cards are the
fastest and easiest
way to earn miles
and points.
© Lypht, LLC All Rights Reserved
I have earned close to
half a million points in
one year.
© Lypht, LLC All Rights Reserved
Remember Your Goals
1. Flexible and transferrable
points cards
2. Hotel and airline speci...
© Lypht, LLC All Rights Reserved
Transferrable Points
• Ink Bold – 50k
• Ink Plus – 50k
• Chase Sapphire
Preferred – 40k
© Lypht, LLC All Rights Reserved
Transferrable Points
• Premier Rewards Gold– 25k
• Business Gold Rewards – 50k
• Mercedes...
© Lypht, LLC All Rights Reserved
Airline and Hotel Cards
• United MileagePlus Explorer Card
• US Airways MasterCard
• Hilt...
© Lypht, LLC All Rights Reserved
Barclay ArrivalCard, Capital One
Venture Car & FlexPerks
• Bad for premium cabins
• Good ...
© Lypht, LLC All Rights Reserved
Category Bonuses
• Ink Bold/Ink Plus 5x: Office Supply stores, cell
phone, home phone, in...
© Lypht, LLC All Rights Reserved
Chase Trifecta
Chase Checking
© Lypht, LLC All Rights Reserved
• Never miss a payment.
• Don’t spend more just to get the
bonus or more points.
• Be a g...
What Goes Into Credit Score
Inquiries and age of account can hurt, but
total debt to credit ratio can be helped.
My Credit Score Estimates
• Citi Identity
Monitor
• Credit Karma
• Credit Sesame
Online Shopping
Occasional Bonus Promos
Chase Ultimate Rewards Portal
Chase Ultimate Rewards Portal
© Lypht, LLC All Rights Reserved
• Buy a gift card to earn bonus
points
• Then use that gift card via the
portal to make y...
© Lypht, LLC All Rights Reserved
• Compare manually for large
purchases for accuracy
• www.evreward.com
• Pick2Pay
Compare...
Dining Rewards Network
• 3x – 5x miles per dollar + sign-up and other
occasional bonuses
• Current 3,000 mile United promo
© Lypht, LLC All Rights Reserved
• Contests, giveaways, sign-up
bonuses, free point bonuses
• Occasionally very lucrative
...
© Lypht, LLC All Rights Reserved
• Investments
• Mortgages
• LASIK
• Partners (car rental, flower
orders, wine clubs, etc....
© Lypht, LLC All Rights Reserved
• Always earn miles on trips
• Credit to a partner if needed
• Look out for promos and re...
© Lypht, LLC All Rights Reserved
Burning Miles and
Points
© Lypht, LLC All Rights Reserved
Learning to use miles and points to
their max is the hard part, but don’t
let “analysis p...
© Lypht, LLC All Rights Reserved
If you started earning with your end
goal in mind, then burning is easy.
Easy When You Lo...
© Lypht, LLC All Rights Reserved
• Look back at your goals
• Look at your value per point, but
don’t get stuck there
• Hot...
© Lypht, LLC All Rights Reserved
Different award charts have
different costs and countries located
in different zones.
Awa...
© Lypht, LLC All Rights Reserved
US Airways – Australia biz 110k
US Airways – North Asia biz 90k
Aeroplan US – Europe 1 90...
© Lypht, LLC All Rights Reserved
• Start looking at 11 months out,
but don’t stop there
• Last minute can be great
• Exper...
© Lypht, LLC All Rights Reserved
• Start looking at 11 months out,
but don’t stop there
• Last minute can be great
• Exper...
© Lypht, LLC All Rights Reserved
Questions?
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Getting Started with Miles and Points - FTU Tampa

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Tips for getting started with collecting frequent flyer miles and points for heavily discounted or almost free travel!

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Getting Started with Miles and Points - FTU Tampa

  1. 1. Getting Started With Miles and Points Summer Hull – Mommy Points Ed Pizzarello – Pizza in Motion
  2. 2. Who Are We?
  3. 3. © Lypht, LLC All Rights Reserved Summer Hull www.mommypoints.com Twitter: @mommy_points Email: mommypoints@mommypoints.com Facebook: facebook.com/MommyPoints
  4. 4. Who Are We?
  5. 5. © Lypht, LLC All Rights Reserved Ed Pizzarello www.pizzainmotion.com Twitter: @pizzainmotion Email: ed@milepoint.com PizzaInMotion.com
  6. 6. © Lypht, LLC All Rights Reserved What We’re Going to Talk About • Why Collect Miles and Points • Things to Think About Up-front • How to Earn • How to Burn • Questions
  7. 7. Connect With Relatives
  8. 8. Show Your Kids the World
  9. 9. Connect With Each Other
  10. 10. Spread Out
  11. 11. Arrive Rested
  12. 12. Eat Awesome Food
  13. 13. Stay Places We Could Never Afford
  14. 14. Just Have Fun
  15. 15. © Lypht, LLC All Rights Reserved Things to Think About Upfront
  16. 16. © Lypht, LLC All Rights Reserved What Are Your Goals? • Domestic tickets for multiple people • International first class for one • Business Class for two • Top end hotels around the world • Family resorts • Flexibility to book any date • Tickets to Europe during off-peak times
  17. 17. © Lypht, LLC All Rights Reserved Your goals should dictate your actions. It’s much easier to know where to start when you can see the end game.
  18. 18. © Lypht, LLC All Rights Reserved Reach your first miles and points goal and then set a new one. The goal is to use them, not to collect them!
  19. 19. © Lypht, LLC All Rights Reserved • Start small • Don’t worry about what others are doing • Do what is right for you • Don’t sweat the small stuff • Stay focused on your goals • Get organized Tips for Getting Started
  20. 20. © Lypht, LLC All Rights Reserved
  21. 21. © Lypht, LLC All Rights Reserved Award Wallet
  22. 22. © Lypht, LLC All Rights Reserved • Set due dates on the same day • Pay bills online • Use a spread sheet • Use service like mint.com if you need extra help • Only use certain cards in a given month Tips for Staying Organized
  23. 23. © Lypht, LLC All Rights Reserved Miles and points collecting can take as much or as little time as you want.
  24. 24. © Lypht, LLC All Rights Reserved Be aware that “free” isn’t always free…but sometimes it can be close.
  25. 25. © Lypht, LLC All Rights Reserved Burning well is harder than earning, so pay attention to both.
  26. 26. © Lypht, LLC All Rights Reserved Earning Miles and Points
  27. 27. © Lypht, LLC All Rights Reserved • Credit cards • Debit cards • Online shopping • Traveling • Promotions • Dining Programs • Investments • Asking/complaining Ways to Earn Miles and Points
  28. 28. © Lypht, LLC All Rights Reserved Credit cards are the fastest and easiest way to earn miles and points.
  29. 29. © Lypht, LLC All Rights Reserved I have earned close to half a million points in one year.
  30. 30. © Lypht, LLC All Rights Reserved Remember Your Goals 1. Flexible and transferrable points cards 2. Hotel and airline specific cards 3. Fixed value points 4. Cash back cards
  31. 31. © Lypht, LLC All Rights Reserved Transferrable Points • Ink Bold – 50k • Ink Plus – 50k • Chase Sapphire Preferred – 40k
  32. 32. © Lypht, LLC All Rights Reserved Transferrable Points • Premier Rewards Gold– 25k • Business Gold Rewards – 50k • Mercedes Benz Plat – 50k
  33. 33. © Lypht, LLC All Rights Reserved Airline and Hotel Cards • United MileagePlus Explorer Card • US Airways MasterCard • Hilton HHonors Reserve Card • Club Carlson Visa Less flexibility, but often give “elite like” perks.
  34. 34. © Lypht, LLC All Rights Reserved Barclay ArrivalCard, Capital One Venture Car & FlexPerks • Bad for premium cabins • Good for inexpensive domestic travel. • Good for those who must have date flexibility. Fixed Value Points
  35. 35. © Lypht, LLC All Rights Reserved Category Bonuses • Ink Bold/Ink Plus 5x: Office Supply stores, cell phone, home phone, internet, cable • Chase Freedom 5x: rotating quarterly categories with $1,500 cap (no annual fee) • Amex PRG: 3x on airfare, 2x gas/groceries • Amex Blue Cash Preferred: 6% grocery/3% gas (grocery capped at $6K) • US Bank FlexPerks: 3x charitable donations (Kiva), 2x on cell phone and either grocery, gas, or airline
  36. 36. © Lypht, LLC All Rights Reserved Chase Trifecta Chase Checking
  37. 37. © Lypht, LLC All Rights Reserved • Never miss a payment. • Don’t spend more just to get the bonus or more points. • Be a good customer. • Annual fees can add up, so do the math. • Credit score may go down in the short run. Dangers of Rewards Cards
  38. 38. What Goes Into Credit Score Inquiries and age of account can hurt, but total debt to credit ratio can be helped.
  39. 39. My Credit Score Estimates • Citi Identity Monitor • Credit Karma • Credit Sesame
  40. 40. Online Shopping
  41. 41. Occasional Bonus Promos
  42. 42. Chase Ultimate Rewards Portal
  43. 43. Chase Ultimate Rewards Portal
  44. 44. © Lypht, LLC All Rights Reserved • Buy a gift card to earn bonus points • Then use that gift card via the portal to make your purchase • Check Frequent Miler’s lab for current success stories Double Dipping in Portals
  45. 45. © Lypht, LLC All Rights Reserved • Compare manually for large purchases for accuracy • www.evreward.com • Pick2Pay Compare Shopping Portal Rates
  46. 46. Dining Rewards Network • 3x – 5x miles per dollar + sign-up and other occasional bonuses • Current 3,000 mile United promo
  47. 47. © Lypht, LLC All Rights Reserved • Contests, giveaways, sign-up bonuses, free point bonuses • Occasionally very lucrative promos come along – hit them big if you can • Worth doing for one, worth doing for the whole family Look Our For Promotions
  48. 48. © Lypht, LLC All Rights Reserved • Investments • Mortgages • LASIK • Partners (car rental, flower orders, wine clubs, etc.) • Daily Getaways (cheap purchase) • Speak up when things go wrong • Just ask Other ways of earning miles
  49. 49. © Lypht, LLC All Rights Reserved • Always earn miles on trips • Credit to a partner if needed • Look out for promos and register • Mileage running can be lucrative…but only for a few • Mainly done for elite status Earn Miles From Actual Travel
  50. 50. © Lypht, LLC All Rights Reserved Burning Miles and Points
  51. 51. © Lypht, LLC All Rights Reserved Learning to use miles and points to their max is the hard part, but don’t let “analysis paralysis” stop you from starting the process. Burning Miles and Points
  52. 52. © Lypht, LLC All Rights Reserved If you started earning with your end goal in mind, then burning is easy. Easy When You Look at Goals
  53. 53. © Lypht, LLC All Rights Reserved • Look back at your goals • Look at your value per point, but don’t get stuck there • Hotel points usually easier than miles (no blackout) • Consider stopovers, open-jaws, and free one-ways Things to Consider with Burn
  54. 54. © Lypht, LLC All Rights Reserved Different award charts have different costs and countries located in different zones. Award Charts
  55. 55. © Lypht, LLC All Rights Reserved US Airways – Australia biz 110k US Airways – North Asia biz 90k Aeroplan US – Europe 1 90k biz ANA East Coast – Europe 68k biz BA BOS-DUB – 50k RT in biz Learn the sweet spots for your desired destination. Award Charts Zone Example
  56. 56. © Lypht, LLC All Rights Reserved • Start looking at 11 months out, but don’t stop there • Last minute can be great • Expert flyer alerts • Remember to check partners • Look segment by segment • Not all options online for all airlines Availability Issues
  57. 57. © Lypht, LLC All Rights Reserved • Start looking at 11 months out, but don’t stop there • Last minute can be great • Expert flyer alerts • Remember to check partners • Look segment by segment • Not all options online for all airlines Availability Issues
  58. 58. © Lypht, LLC All Rights Reserved Questions?

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