The Money with Katie Show #2: HOW TO TRAVEL FOR FREE: Credit Card Travel Rewards 101
27 snips
Oct 13, 2021 AI Snips
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Luxury Travel on Points
- Katie and her husband took 20 trips using credit card points, staying in five-star hotels.
- They flew comfortably on legacy airlines, demonstrating free travel doesn't mean compromising luxury.
Creditworthiness is Key
- Good credit is a prerequisite for this travel rewards strategy.
- Avoid this strategy if you have existing card debt, low credit scores, or reckless spending habits.
Credit Card Utilization
- Having more credit cards can improve your credit utilization ratio.
- Pay off your balances in full every month to avoid interest and maximize rewards.