Maximizing Credit Cards
for Free Travel
Presented by:
Brian Kelly
Today’s Topics
 Understanding Your Credit
 Transferable Point Programs
 Co-Branded Credit Cards

 Fixed-Value Cards
 ...
#TPGNYT14
What Makes Up Your FICO Score?

Payment
History
35%

Types of
Credit
New
10%
Credit
10%

Amounts
Owed
30%

Length of
Credi...
Transferable Point Programs
AMEX Membership Rewards
Pros:


17 airline partners, 4 hotel partners



Transfer bonuses



Quick transfers post insta...
AMEX Membership Rewards Tips
 Star Alliance: Aeroplan (flexible routing, avoid fuel surcharges); ANA (distancebased); Sin...
Chase Ultimate Rewards
Pros:


No transfer fees



Great customer service



Strong partners

Cons:


No transfer bonu...
Chase Ultimate Rewards Tips
Tips:



Recent United and Hyatt devaluation



British Airways for short-haul flights



H...
Starwood Preferred Guest
Pros:



Cash & Points



Reward stays count towards elite status



Free transfers to others ...
Co-Branded Credit Cards
Pros:
 Perks






Free checked bags
Elite Status
Lounge Access

Discounted Awards/Free Night...
Fixed-Value Cards
 What are fixed-value cards?
 Who are they best for?
 Pros
 No award blackouts
 Earn elite status w...
Fixed Value Cards
Barclaycard Arrival (annual fee)

Earn: 2 miles per $1

Redeem: 2.2% for travel, 1% for statement
cred...
Perks: Elite Miles and Benefits


Elite mileage




Free nights




Citi HHonors Reserve, Hyatt Card

Lounge Access
...
Perks: Category Spending


Travel:




Airfare:




Premier Rewards Gold, Chase Ink Bold/Plus, AMEX Blue
Cash and Blu...
Top 10 Current Deals
1.

CITI EXEC AADVANTAGE: 100,000 miles after
$10,000 spent in 3 months

2.

INK BOLD/INK PLUS: 50,00...
Top 10 Current Deals
6.

BARCLAYCARD ARRIVAL: 40,000 miles after
$3,000 spent in 3months

7.

CITI HILTON HHONORS RESERVE:...
Introducing…

MAXIMIZER
TPG Maximizer
TPG Maximizer
TPG Maximizer
TPG Maximizer
TPG Maximizer
Advanced Topics


How many credit cards can I get?



Can I get a business credit card?



Can I get the same card and ...
And Remember…
New york times 1
New york times 1
Upcoming SlideShare
Loading in …5
×

New york times 1

12,864 views

Published on

0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
12,864
On SlideShare
0
From Embeds
0
Number of Embeds
11,779
Actions
Shares
0
Downloads
25
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide

New york times 1

  1. 1. Maximizing Credit Cards for Free Travel Presented by: Brian Kelly
  2. 2. Today’s Topics  Understanding Your Credit  Transferable Point Programs  Co-Branded Credit Cards  Fixed-Value Cards  Top 5 Perks  Miles and Benefits  Category Spending  Top 10 Current Credit Card Offers  TPG Maximizer!
  3. 3. #TPGNYT14
  4. 4. What Makes Up Your FICO Score? Payment History 35% Types of Credit New 10% Credit 10% Amounts Owed 30% Length of Credit History 15%
  5. 5. Transferable Point Programs
  6. 6. AMEX Membership Rewards Pros:  17 airline partners, 4 hotel partners  Transfer bonuses  Quick transfers post instantaneously  Transfer to anyone Cons:  Loss of partners  Continental (United)  AirTran  6/100 cents per point for transfers to US airlines  Earning portal shut down
  7. 7. AMEX Membership Rewards Tips  Star Alliance: Aeroplan (flexible routing, avoid fuel surcharges); ANA (distancebased); Singapore Airlines (one-way)  Oneworld: British Airways (distance-based); Iberia (lower fuel surcharges)  SkyTeam: Delta (partner awards on Virgin Australia and Virgin Atlantic); Flying Blue (save up to 50% on promo awards)  Non-Alliance: Emirates (upgrades); Hawaiian Airlines (Hilton 1:2)
  8. 8. Chase Ultimate Rewards Pros:  No transfer fees  Great customer service  Strong partners Cons:  No transfer bonuses  Limited partners
  9. 9. Chase Ultimate Rewards Tips Tips:  Recent United and Hyatt devaluation  British Airways for short-haul flights  Hyatt 30,000 points for Cat 7 hotels and Southwest Companion Pass Angle
  10. 10. Starwood Preferred Guest Pros:  Cash & Points  Reward stays count towards elite status  Free transfers to others in your household, transfer bonus  Multiple Airline Partners  Alaska, American, US Airways Cons:  Posting times vary greatly  No shopping portal  Foreign Transaction Fees
  11. 11. Co-Branded Credit Cards Pros:  Perks     Free checked bags Elite Status Lounge Access Discounted Awards/Free Nights Cons:  Generally not transferable  Can’t diversify your points  Many perks are the same as elite perks Examples:  American Express: Delta and Starwood  Chase: United MileagePlus Explorer and Hyatt Visa  Citi: American AAdvantage cards, Hilton Reserve
  12. 12. Fixed-Value Cards  What are fixed-value cards?  Who are they best for?  Pros  No award blackouts  Earn elite status when using them  Easy to get 1-2.2% in value back  Cons  Expensive tickets cost a lot of points
  13. 13. Fixed Value Cards Barclaycard Arrival (annual fee)  Earn: 2 miles per $1  Redeem: 2.2% for travel, 1% for statement credits Capital One Venture  Earn: 2 miles per $1  Redeem: 1 cent per mile US Bank FlexPerks Travel Rewards Visa  Earn: 1-3 points per dollar  Redeem: 1.33-2 cents per point for airfare Citi ThankYou Premier  Earn: Bonus categories earn 1-3 points per $1  Redeem: 1.25 cents per point for travel
  14. 14. Perks: Elite Miles and Benefits  Elite mileage   Free nights   Citi HHonors Reserve, Hyatt Card Lounge Access   Earn EQM’s with many cards including Citi Exec AAdvantage, Delta Platinum and Reserve, US Airways Mastercard Amex Platinum, Citi Exec AA, United Club, Delta Reserve, Ritz Carlton Airline-specific perks  Priority boarding, free checked bags
  15. 15. Perks: Category Spending  Travel:   Airfare:   Premier Rewards Gold, Chase Ink Bold/Plus, AMEX Blue Cash and Blue Cash Preferred Dining:   Chase Ink Products (don’t overlook this) Gas:   Premier Rewards Gold, Airline co-branded cards Office Supplies:   Chase Sapphire Preferred, Barclaycard Arrival Chase Sapphire/Sapphire Preferred, Citi Forward and ThankYou Preferred Quarterly Bonuses:  Chase Freedom, Discover It
  16. 16. Top 10 Current Deals 1. CITI EXEC AADVANTAGE: 100,000 miles after $10,000 spent in 3 months 2. INK BOLD/INK PLUS: 50,000 points after $5,000 spent in 3 months 3. SAPPHIRE PREFERRED: 40,000 points after $3,000 in 3 months + 5,000 points when you add cardholder 4. MERCEDES-BENZ PLATINUM: 50,000 points after $3,000 spent in 3 months 5. SOUTHWEST AIRLINES RAPID REWARDS PREMIER: 50,000 points after $2,000 spent in 3 months
  17. 17. Top 10 Current Deals 6. BARCLAYCARD ARRIVAL: 40,000 miles after $3,000 spent in 3months 7. CITI HILTON HHONORS RESERVE: 2 weekend night certificates after $2,500 spent in 3 months 8. CLUB CARLSON PREMIER REWARDS: 85,000 points after $2,500 spent in 90 days 9. US AIRWAYS PREMIER: 40,000 miles after first purchase 10. BUSINESS GOLD REWARDS: 25,000 points after $5,000 in 3 months
  18. 18. Introducing… MAXIMIZER
  19. 19. TPG Maximizer
  20. 20. TPG Maximizer
  21. 21. TPG Maximizer
  22. 22. TPG Maximizer
  23. 23. TPG Maximizer
  24. 24. Advanced Topics  How many credit cards can I get?  Can I get a business credit card?  Can I get the same card and bonus twice?  Is my spouse also able to get a card?  How do I avoid annual fees?  How do I increase my credit card spend without going into debt?
  25. 25. And Remember…

×