Back in January, Nick saw that Bilt was going to have a huge transfer bonus to Aeroplan (one of his favorite mileage programs)...but he didn't have a Bilt card yet. With luck on his side though, he suspected he could get the card and get over 100K Aeroplan miles in just a matter of days. Greg thought he was insane, but Nick's gamble paid off.
(02:48) - What is Bilt and why was Nick interested?
Learn more about the Bilt card here.
(03:16) - What was the Bilt bonus that finally got Nick's attention?
We published those transfer bonus details here.
(04:25) - Nick outlines the challenge in his timing, applying for the card ~6 days before the scheduled transfer bonus opportunity with lots of things to get done in that time.
(06:39) - Nick discovered he still needed to make 5 transactions on his new card, which he was able to do with the digital card he'd gotten upon approval.
(08:45) - Nick got lucky and the card arrived early (with one day to spare), and right around then he also got the email for a 5X offer...
(10:11) - The second dilemma: in order to maximize the 5X for 5 days of spend he'd need to spend $12,500, which was more than the card's credit limit.
To read Nick's more detailed account of this, make sure and read his "How Nick Built his own Bilt bonus" post here.
(12:42) - Nick breaks down his ~$18K in spend which landed him with 62K Bilt rewards which then became 124K Air Canada Aeroplan miles.
(15:02) - Nick remembers the points-pooling ability in Air Canada Aeroplan.
(16:06) - Greg and Nick talk about how gambles like this can play a significant role in this game.
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Music Credit - Beach Walk by Unicorn Heads
Frequent Miler on the Air