0:55 Ranking Bank Points for Domestic Airfare

1:45 Overview: Highs and Lows of each Program

1:59 Chase UR

3:00 Earning Chase UR

6:30 Southwest (W/ Chase UR)

Points have become less useful as Ticketless Travel Funds (TTF) have become permanent
Less transfers from UR->Southwest because TTF are so plentiful
If transferring , the best way to earn is still NOT on the Southwest credit cards.

7:43 Booking with the Chase Travel Portal:

Price inflation is real (American, others) Be sure to check google flights
Can see inflated prices on flights, issues when canceling
1.25 cents per point / 1.5 cents per point (20% - 33% discount on travel)
Sometimes just taking cash back at 1 cent per point is the way to pay for travel
These points are not ‘free’

10:53 Amex MR Overview

Amex is so generous that they have changed subscribers’ lives
THE most generous bank with respect to SUB, earning bonuses and referrals
The default cash back amount for a MR is 0.6 Cents ($.006) per MR with a few exceptions
Difficult to get rid of these points.

12:41 Booking Travel with Amex MR

With such easy earning there isn’t a fast enough release valve sometimes
Their travel portal is horrible, but is mandatory for the 35% rebate
Insider fares are lower fares than anywhere else.
Extremely high annual fee cards needed to release points at high value
To get good redemption rates with points you have to graduate to high annual fee cards
Either churn the card or pay the high annual fee (carrying costs) to get good value
Delta transfers are a great option – 1.1 cents in value per point, transfer 1:1
Holding a Delta card gives a 15% discount as well, works out to around 1.25 cents per point.

16:26 Earning Membership Rewards

18:55 Difficulties transacting with AMEX

Need High annual Fee Business Platinum for 35% rebate (approx 1.5 cents per point)
Need High Annaul Fee Morgan stanley (1cpp) or Schwab (1.1 cpp) to cash out MR.
Cannot co-mingle points across spouses, which means you need 2 of each of these cards!
35% rebate only on airline of choice or business/fir

Master Series - Fear Words - Special Guest: Tom Hopkins with Tom Hopkins International