Stepping Up the Game, My Next Churn!

What's better than going to the airplane bathroom to change into PJs provided by the airline and coming back to your seat that has magically transformed into a bed?

PJ's received from my Cathay Pacific First class

Seat turned into a bed with down comforter!      

Sending your parents on that trip instead! As you can guess, it will cost me a good portion of my accrued miles, but hopefully it will be enough for them to finally stop bringing up the time I tried changing the grades on my report card in high school.

To keep my points balance at a reasonable level, I will need to do another round of applications. These are the ones I've signed up for and where I'd like to eventually spend them:

5 Questions You Need to Ask Yourself Before Getting a Card

"What card should I get?" That's the wrong first question.

We get this question a lot, which makes sense. There are countless options with various perks and bonuses for various airlines, hotels and travel companies. Our short answer is always the same: it depends.

Before you even consider a card, you need to answer:

1. Where do you want to go?
2. What can you get?
3. How soon do you want to get there?
4. How do you want to get there (economy, business or first class)?
5. What cards are available?

How you answer is important because not all points are created equal. Take Southwest Airlines for example. Both Goo and I are fans of it, because we fly domestically along the west coast a lot. Southwest is great for that, but it's useless for hopping oceans.

And it just so happens, we love hopping oceans.

Here's my thought process two years ago on choosing the cards that eventually helped me book a three week trip later this year that will span four countries, seven flights and all three flight classes (economy, business and first) for just $147.32.

Isn't it beautiful?

Want free easy travel? Southwest 50k offers are back

These cards are great to dip your toes into the points game. Spend $2,000 in the first 3 months and get 50k points. Although it says 2 free round trips, the points are directly converted into dollars so you are getting a value of around $900 worth of points.

For instance if I wanted to travel from LAX to PDX on Jan 24th to Jan. 27th, it would cost as low as $173 round trip. That is a great price already, but with one sign up bonus worth of points, I could make six round trip flights!

There are two brands of cards available: Premier and Plus. Both brands are available for both the personal and business card types. The big difference is the annual fee of $69 (for personal) and $99 (for business). Another difference is that the Premier will give you 6k points annual bonus for keeping the card a year (which is about $99 anyway) and the Plus gives you 3k (so it basically evens out).

Doing the final math after annual fee, you get about $800 worth of fares for free.

I have signed up for the Plus card because I already had the Premier and you can only get the bonus once.

Getting 2 versions is also a very good idea because of the companion pass that you can easily obtain. If you earn 110k points (including sign up bonus's) in one year, you can bring a companion with you at no extra cost each time you get a ticket. EVEN WITH THE POINTS YOU EARNED

Worried about being able to spend the minimum requirements? Look here for ideas to meet minimum spend. We will also be writing about the easiest method, using the blue bird card.

What are you waiting for, sign up for at least one of them!

Link to all 4 cards here

Step 1: Profit. Step 2: Profit. Step 3: Profit.

Title says it all!

If you follow our blog or listen to us preach, you'll know that a lot of our strategies have a step where we actually lose some money (most often in the form of negligible activation fees).

That won't happen this time around. Instead, it's net gain all the way. Here's what I earned today:

• 1,770 points
• $20 Staples gift card
• $11 credit for my American Express credit card

Unfortunately, this is a targeted promotion, but read on to find out how you can check to see if you're one of the lucky few!

Shopping Online? Earn More Points!

If you've been following the blog, you would know that Goober is putting his points/miles to work. That's one of the differences between us: he spends while I save.

And how do I save? ... By spending.

Leveraging miles for last minute bookings

Contrary to my typical nature of procrastinating, I tend to purchase my plane tickets 2 months in advance due to it usually(this used very loosely) being the cheapest time to do so. Airline tickets tend to become more expensive the closer it is to departure date. So what do I do when the unforeseen happens; when I have an emergency to attend to, or maybe a last minute vacation I was approved for? Spend those hard earned miles to go to Hawaii!
 

Where can you go with 3 people for $778?

Try Australia, with a 3 day stop over in Hawaii, airfare AND hotel included. The flights are in economy, but the hotels are not in your cheap hostels or economy hotel (nothing wrong with these) but Hyatts and Marriotts. Sometimes we get so caught up in collecting miles, we forget the big picture: spending them!

I got my cousin seriously into the miles game back in July when he applied for the Ink card and Sapphire card in November, and it paid off—big time.

As Good As Sherlock? Detective Work For More Points!

I recently watched this BBC series and I strongly suggest that you check it out. What does this series have to do with miles and points earning? If you have been keeping up with the blog, you would know from my Jump off it? post that the Vanilla Ink Bold strategy is dead. After some detective work of my own, I have found a possible way to collect Chase Ultimate Rewards points at almost the same cost as the Vanilla Ink bold strategy, with only a little more convenience. I'm not going to lie. I totally thought myself to be Sherlock when I was doing the research; albeit Asian, less smart, and less witty. But hey, who's judging?

Jump off it?!

One of the major sources for information is http://www.flyertalk.com/, and in a forum post, someone has mentioned that Office Depot has started to remove all gift cards and prepaid cards with variable loads (i.e. the $500) ones. The max you can buy now is $200 with a $7 fee, effectively bringing the cost of Chase Ultimate Rewards points to $0.008 instead of $0.004 (an increase of double!) Taking the math out of it for you, if you were to redeem on United for trips, here are the following costs for a round trip fare in economy.

Destination	Mileage Plus Points	Cost in US Dollars
Continental US	25,000	$213
Caribbean	35,000	$298
Hawaii	40,000	$341
Europe	60,000	$511
Asia	65,000	$554
India	80,000	$682

As you can see, you still get a good deal out of it, but it's far from the deal we got earlier. With the prior deal, we were able to get a round trip to Asia in BUSINESS class for $360. Remember there would be taxes and surcharges so add maybe around $100-$200.

Just as my last post mentioned, these deals are dying out quickly. We continue our quest to find new means to get more points!

Vanilla Cards - A Hard to Find Treasure

Vanilla Reload Network cards are part of the Vanilla Ink Bold strategy. These are sometimes tricky to find due to a couple reasons:

• In larger cities you have competition of other people trying to buy them out.
• Some of the stores will have them but will only allow a cash transaction

Redeeming Your Points (Part 1): Introduction and Southwest Airlines

You've signed up for a credit card, completed the promo to earn the bonus and you are now ready to unleash the point beast to do your bidding and spirit you to faraway lands.

Whether that point beast is a demure little thing that makes it easy for you to plan your trip or a too-high of a level Pokémon that ignores you when you need it most (I'm looking at you, Charizard!), is completely dependent on the program from which you are redeeming.

Some are fantastically user-friendly and easy to redeem while some are notorious for their limited seats/schedule.

This is the first of a multi-part series on point redemption; this post will focus specifically on my experiences with Southwest Airlines.

Vanilla Ink Bold

Ladies and Gentlemen, how would you like to travel business class to Europe or Asia round trip for $300-$400 dollars? Yes, the price of a cross country domestic flight in economy could get you a much better vacation, but where's the fun in that? This system takes a little reading to understand, a little more work then other deals, but in the end it is easier than it sounds and well worth the trouble. 3 steps to follow!

Plastic Balling: Increasing Your Credit Score through Churning

In our Credit Basics section we have described how your score is calculated by lenders. After being asked, "Doesn't opening and closing credit cards negatively affect your score?" it dawned on me that we have not fully explained how we use this game to not only keep our scores stable, but earn the status of what my old roommate called "Plastic baller"!

Chase Ink Bold

The Chase Ink Bold is a business charge card that is the keystone card in the Vanilla Ink Bold strategy. The benefits for this card are:

• The current promotion is 50k Chase Ultimate Rewards (UR) points after you spend $5,000 in the first 3 months. 
• Normally, the promo is a spend of $10,000 in three months, so get it now!
• 50k UR points are basically worth ~$500, but you can always find more efficient ways of spending the points.
• 5x points per dollar spent at office stores or on utilities like cell phone/landlines, internet and cable.
• 2x points for dining and gas. 1 point per dollar for everything else.

If used correctly, you can earn a crazy amount of UR points that can be used on various airlines and hotels.

Chase Sapphire Preferred card

 

Chase Sapphire Preferred

This is a damn sexy card, literally and figuratively. It's dark blue, has a non-embossed front and is much heavier then any other card to the point where ~20% (complete guesstimate) of cashiers will compliment the card (you just might be able to finally score that number of the cute cashier).

The current promo is a bonus 40k Ultimate Rewards points after spending $3,000 in three months. The benefits are so good that this card should become one of your go-to cards for all your purchases even if you have no requirements to meet.

Chase Southwest Rapid Rewards Premier Card

Chase Southwest (SW) Airlines Rapid Rewards Premier Card is probably the best card for the beginner since the card user (you) has the fewest hoops to jump through to get your points.

What you need to do:

1. Spend $2,000 within three months.
2. Pay the annual fee ($99)
3. Annnnnd... that's it.

What you get:

• 50,000 Rapid Rewards points, which is approximately two round trip tickets.
• Anniversary bonus of 6,000 points every year. (which is basically the annual fee in points)