Hey there! We're Alex, Pam, and Jess, the Travel Mom Squad. Today, we're diving into the world of business cards and why they're essential for maximizing points and miles.
Business cards are a game-changer in traveling on points. They don't count towards the Chase 5/24 rule, except for a few exceptions like Discover and Capital One. This means you can keep opening new business cards, earning more points and miles.
Qualifying for a business card is easier than you think. While you can still take advantage of personal cards, business cards offer more significant opportunities for accumulating points. Higher welcome offers and increased flexibility make them a valuable tool in your award travel journey.
One of the best things about business cards is that they open up a whole new world of credit card options. You'll find cards with generous welcome offers ranging from 75,000 to 200,000 points. That means more points for flights, hotels, and other travel expenses.
Now, some of you might be hesitant about getting a business card. We understand. But let us assure you that you can do it! Don't let the fear of not having a traditional business hold you back. Get creative, explore side hustles, and open the door to more rewards.
If you're ready to supercharge your travel game, hit play now and listen to our latest episode. We'll dive deeper into the world of business cards, sharing tips, insights, and personal experiences. Get ready to take your points and miles to new heights. Happy traveling!
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Episode Minute By Minute:
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01:10 Exploring the significance of business cards in credit card strategies.
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01:51 Understanding that business cards generally do not count towards the Chase 5/24 rule.
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02:25 Clarifying the Chase 5/24 rule, explaining its limitations on card approvals.
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03:16 Highlighting the advantages of business cards for maximizing point accumulation.
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04:24 Discussing various business cards with generous welcome offers and their potential benefits.
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05:38 Explaining that award travel is still possible without business cards, but with a more limited point-earning potential.
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06:27 Emphasizing the additional opportunities and benefits gained by opening business cards.
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07:32 Discovering different side hustles that qualify individuals for business cards.
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09:43 Sharing examples of side hustles, such as selling on Facebook Marketplace, tutoring, coaching, photography, and gig work.
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12:04 Sharing personal experiences of the hosts in utilizing their own businesses for business card applications.
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14:24 Highlighting creative business examples shared by readers, including ticket reselling and selling eggs.
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15:39 Outlining a simple three-step process to create a business for qualifying for a business card.
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17:11 Addressing frequently asked questions related to business card applications.
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21:35 Sharing personal favorite business cards, including Chase Ink Cash and Hilton Honors Business Card.
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27:42 Encouraging listeners to check the show notes for a blog post on how to qualify for a business credit card.
Points Talk® with the Travel Mom Squad