Back to Basics of the Week
- Status Highlight Number 2: Marriott Bonvoy
Viewer questions
Who are each of your top 3 CC YouTubers (present company excluded) and why? - AP
In this game there are opportunities for crazy good deals if you're willing to invest the time and effort and maybe a bit of risk. Good examples on the redemption side might be things like booking United to Hawaii via Turkish Miles & Smiles or transferring to programs with non-extendable miles expiration policies (ANA, Emirates, etc). On the earning side examples might be buying gift cards at office supply stores or participating in buying groups. - SpaethCo
Some people say that this is currently the Golden Age of Credit Cards, but the last 18 months we’ve seen some major devaluations by most of the loyalty programs — which devaluations do you think were worst, and did any affect your future credit card plans? - Keith
Alaska just restructured their points and loyalty programs; do you think that Alaska & BofA will release a high annual fee co-branded Alaska Card? Similar to American, Delta, and United Airlines. Hopefully Alaska’s card would be a more reward focused card than the other three airlines since Alaska’s lounge network isn’t very good. - Keith
News Round-Up
- Citi Adds Preferred Hotels and Resorts I Prefer Program at a 1:4 Rate
Topics
Matt
Do unique transfer partnerships drive customer acquisition to Transferable currency cards or is just jumping to a cobrand sufficient?
Key
How often are you evaluating your annual fees? Any triggers to this?
Tariq
Do you have any cards that give you some sort of “buyer’s remorse?” If so, what were the cards, why did you apply for them, and why do you regret opening them?
RJ
How much do you worry about “overlap” in categories when it comes to your “everyday” credit card line up? Do you want to see 3 or 4 cards with the same categories or do you try to have just 1 or 2 with the “major” ones, i.e. dining or gas.