New york times travel show day 2

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New york times travel show day 2

  1. 1. Beating the System: Travel Pointers for a First Class Lifestyle on a Budget Presented by: Brian Kelly
  2. 2. Today’s Topics  Earning      Credit Cards Shopping Portals Dining Programs Buy Miles Finding Cheap Flights  Redeeming       Frequent Flyer Programs Other Considerations When to Buy/Redeem The Beauty of Saver Awards Stopovers and Open Jaws Avoiding Fuel Surcharges  Managing It All  TPG Maximizer
  3. 3. Sunday Funday Giveaway
  4. 4. #TPGNYT14
  5. 5. EARNING!
  6. 6. What Makes Up Your FICO Score? Payment History 35% Types of Credit New 10% Credit 10% Amounts Owed 30% Length of Credit History 15%
  7. 7. Transferable Point Programs
  8. 8. 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
  9. 9. 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)
  10. 10. Chase Ultimate Rewards Pros:  No transfer fees  Great customer service  Strong partners Cons:  No transfer bonuses  Limited partners
  11. 11. 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
  12. 12. 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
  13. 13. 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
  14. 14. 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
  15. 15. 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
  16. 16. 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
  17. 17. 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
  18. 18. Online Shopping Portals Earn Bonus Miles on Every Purchase  Sign Up  Link FF or hotel account  Click through to merchant and spend! Portals Airlines: Aeroplan, American, British Airways, Delta, Frontier, Hawaiian, Southwest, United, US Airways, Virgin Atlantic Hotels/Other: Amtrak, Choice Rewards, Hilton, Marriott Credit Cards: Ultimate Rewards, Discover
  19. 19. Dining  Dining Programs     Gift Cards   Dining Rewards Network – Airlines, Hotels OpenTable Restaurant.com Purchase from Category Spending Bonus Merchant Chase First Friday  Earn 3X per $1 every month
  20. 20. Finding Cheap Flights Using the ITA Matrix Maximize your airfare purchase with the right credit card and portal
  21. 21. Finding Cheap Flights theflightdeal.com airfarewatchdog.com flyertalk.com – Mileage Run Forum Maximize your airfare purchase with the right credit card and portal
  22. 22. REDEEMING!
  23. 23. Frequent Flyer Programs  Delta SkyMiles  Pro:  Partner awards at saver levels  Several credit card and earning options  RTW    280,000 Business Class 180,000 Coach Con  Devaluations  SkyMiles 2015 Changes  No First Class Partner Awards  Blackout Dates  Three-tier award system soon to be five-tier
  24. 24. Frequent Flyer Programs  American Airlines  Pro:   Off-peak economy awards  Distance-based Explorer awards  One-way awards   International gateway stopover equals free one-way flights Upgrades from most fare classes Con  Big fees on British Airways
  25. 25. Frequent Flyer Programs  United  Pro:   United-operated flights  Low taxes and fees  Good website   One-way awards Australia awards Con  Recent devaluation  Expensive partner awards
  26. 26. Frequent Flyer Programs  US Airways  Pro:  Flexible routing rules  Relatively cheap awards    Especially business  North Asia  South Africa  Australia Joining Oneworld March 31/eventually merging with AA Con  Bad website  Several fees  Non-flexible awards rules  No one-way awards  Joining Oneworld March 31/eventually merging with AA
  27. 27. Frequent Flyer Programs  British Airways  Pro:  Distance-based awards for short/mid-haul  Several transfer partners    Chase   AMEX Starwood One-way awards Con  Huge fuel surcharges on certain carriers  Large fees on certain awards  Pricey long-haul flights
  28. 28. Frequent Flyer Programs  Alaska Airlines  Pro:   Strong mix of partners  One-way awards  Good website/app   Generous award chart for most regions Relatively cheap buy miles program Con  Inability to mix multiple partners
  29. 29. Fixed-Value Programs  Jet Blue  1.3 cents  Southwest  1.8 cents (1.4 after March 31 devaluation)  Virgin America  2 cents
  30. 30. Stopovers and Open Jaws  What is a Stopover? What is an Open Jaw?  Who Allows What?  American  Delta  United  US Airways  Aeroplan
  31. 31. Avoiding Fuel Surcharges  British Airways  Aeroplan  Flying Blue  Iberia  ANA  Korean Air  Singapore
  32. 32. Alliance Changes  Joining  US Airways    March 31st Sri Lankan Airlines   Air India  March 31st TAM   Joining  June 2014 Avianca  Summer 2014  Leaving  US Airways  April 2014  March 31st TAM  March 31st  Joining  Garuda Indonesia  March 5th
  33. 33. 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
  34. 34. 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
  35. 35. Introducing… MAXIMIZER
  36. 36. TPG Maximizer
  37. 37. TPG Maximizer
  38. 38. TPG Maximizer
  39. 39. TPG Maximizer
  40. 40. TPG Maximizer
  41. 41. TPG Maximizer
  42. 42. And Remember…

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