Hack Your Wealth

Credit card application tips for earning big sign up bonuses and rewards (what’s working in 2020) with Dave Grossman


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#16: Anyone who likes traveling (by definition, FIRE adherents) should pay attention to how to optimize and maximize their travel rewards portfolio.

So in episode 16, I talk with Dave Grossman about how to do just that.

Dave is a travel loyalty program consultant and credit card rewards expert. He runs two travel rewards websites and has written a book on using miles and points to score free travel around the world.

Our discussion was chock full of tips, strategies, and insights, so this episode is definitely one you do NOT want to miss….

What you’ll learn in this episode:

  • How travel rewards programs have evolved in recent years
  • Key application strategies to think about for optimizing credit card travel rewards
  • Optimal velocity for applying for new cards
  • How the 5/24 rule is actually enforced
  • Best practices for calling the reconsideration line
  • Tips for meeting spend requirements
  • How to incorporate business credit cards into your travel rewards strategy
  • How to evaluate annual card fees
  • Best practices for closing cards

Links mentioned in this episode:

  • MilesTalk
  • YourBestCreditCards.com
  • AwardHacker
  • FlyerTalk
  • Plastiq
  • Chase Ultimate Rewards
  • American Express Membership Rewards
  • Citi ThankYou Rewards
  • Capital One rewards
  • HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.

...more
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Hack Your WealthBy Andrew Chen

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