Earning airline miles and hotel points
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Earning airline miles and hotel points

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Visit www.romsdeals.com to learn more.

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Earning airline miles and hotel points Presentation Transcript

  • 1. Earning Airline Miles and Hotel Points By Rom
  • 2. Topics • Why collect airline miles and hotel points? • Ways to collect airline miles and hotel points • Credit cards and credit score
  • 3. Thanks Points and Miles!
  • 4. Why collect airline miles and hotel points? • Take nearly free vacations to visit friends and family.
  • 5. Why collect airline miles and hotel points? • Free hotel stays. (18,000 Hyatt points per night @ Hyatt Waikiki Beach)
  • 6. Why collect airline miles and hotel points? • Nearly free honeymoons. 35,000 Chase Ultimate Rewards points and $100 per person for round-trip flights to Turks and Caicos.
  • 7. Why collect airline miles and hotel points? • Fly international first or business class. 62,500 American Airline miles and $300 per person one-way.
  • 8. Why collect airline miles and hotel points? • Stay at hotels I could never afford. Retail price $800+ for free!
  • 9. Ways to collect airline miles and hotel points • #1 - Traveling for work
  • 10. IHG Loyalty Program • Free nights starting at 5,000 points to 50,000 points a night. • 50,000 points for a night at IC Thalasso Bora Bora.
  • 11. Ways to collect airline miles and hotel points • #2 - Hotel Promotions • Example: IHG Big Win Promotion
  • 12. Ways to collect airline miles and hotel points • 1,000 Points – “Try one and done” – Stay at any IHG hotel • 2,000 Points – “Book with us” – Book 2 separate stays • 4,000 Points – “Stay more & earn more” – Stay 4 nights at IHG hotels • 8,000 Points – “Win in a weekend” – Stay 2 Saturday Nights • 10,000 Points – “Explore our brands” – Stay at 3 different IHG hotels • 25,000 Points – “Win big” – Complete all of your personalized offers
  • 13. Ways to collect airline miles and hotel points • How to sign up: • http://win.ihg.com
  • 14. Ways to collect airline miles and hotel points • #3 - Credit Card Sign up Bonuses
  • 15. What about your credit score? • Know what makes up your credit score.
  • 16. My Credit Score • Applied for at least 20 credit cards over the last 2 years. • Paid in full and on time 100% of the time.
  • 17. Important info about credit cards • Start slowly. Apply for 1 or 2 credit cards at first. • Stay organized. • Don’t apply for more than 1 credit card if applying for a home loan. • MOST IMPORTANT TIP: PAY BALANCES IN FULL AND ON TIME (65% of score)
  • 18. Best Hotel Credit Card • IHG Rewards Visa Card • 80,000 bonus points after spending $1000 in first 3 months. • Free night every year at any IHG hotels. (Cert may be redeemed online.) • No fee 1st year, then $49. • No foreign transaction fees. • Sign up link: https://www.mychasecreditcards.com/ihg/inhotel80k •
  • 19. Best Personal Credit Card • Chase Sapphire Preferred • 40,000 Chase Ultimate Rewards points after spending $3,000 in 3 months • Points transfer airlines and hotels. • No Foreign Transaction Fees • First year annual fee waived, second year $95
  • 20. Best Business Credit Card • Chase Ink Bold • 50,000 Chase Ultimate Rewards points after spending $5,000 in 3 months • No foreign transaction fees • 5X points on office supply stores, and on cellular phone, landline, internet, and cable TV services • Trick: Buy $50 gas cards and Amazon gift cards at Office Depot • $0 annual fee first year, 2nd year $95 (worth the fee)
  • 21. Chase Ultimate Rewards
  • 22. Chase Ultimate Rewards • Example redemptions: • 25,000 United miles roundtrip to CONUS locations. 60,000 to Europe. 35,000 to Caribbean. • 25,000 British Airways Avios from west coast to Hawaii. • Southwest – 1 point = 1.67 Southwest credit. • Hyatt – 5,000 – 22,000 Hyatt points per night.
  • 23. Chase Ultimate Rewards
  • 24. Other Important Info • Be flexible with your dates. • Award flights subject to availability. • Stay organized. Don’t miss payments. • Collect transferrable points. i.e. Chase Ultimate Rewards, American Express Starwood Preferred Guest points, AMEX Membership Rewards points
  • 25. Ways to collect airline miles and hotel points • Charge EVERYTHING to credit cards. Maximize each dollar spent. • 2X points on dining and travel with Chase Sapphire Preferred • 5X points on office supply stores, cable TV, internet, and cell phone bill.
  • 26. Conclusion • Why collect airline miles and hotel points? • Save lots of money. • Travel to places you could normally not afford. • It’s fun. • Ways to collect points. • • • • Travel for work. Hotel promotions. Credit card sign up bonuses. Daily credit card spend.