The Daily Drop Podcast

Join us this week for Mike’s take on justifying the annual fee on the Gold Card. He’ll share his thoughts on some of the newly released benefits. Plus breakdown how to make sense of an annual fee! 

Our take on the card here: https://www.dailydrop.com/credit-cards/american-express-gold-card 

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In this episode, Megan discusses the ThankYou points currency used by Citi branded cards. She shares the cards that you can earn ThankYou points on, including if cash back cards can help you earn travel, notable rules, 2 player mode, and more.

Written Guide on Citi: https://www.dailydrop.com/pages/daily-drop-s-guide-to-citi-thankyou-r-rewards 

Keep Up With Daily Drop:

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Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, Mike discusses the concept of opportunity cost in points and miles and makes a case for cash back over points. He explores various examples to illustrate the opportunity cost of earning points and emphasizes the importance of understanding the true cost of using points. 

Keep Up With Daily Drop:

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Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
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Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

*One clarification I didn’t make super clear in the episode - the Spark cards earn Spark miles but you can combine Spark and Venture miles into one account

Venture Card: https://www.dailydrop.com/credit-cards/capital-one-venture-rewards-credit-card

In this episode, Megan dives deep into Capital One's Venture Miles program. She discusses the different cards that earn Venture Miles, the rules and restrictions for earning and redeeming these miles, and the standout features of the program. Megan also shares tips on converting cash back into miles and highlights some great redemption options.

Find all Capital One Cards here: https://www.dailydrop.com/credit-card-issuers/capital-one

UR deep dive: https://www.buzzsprout.com/2253039/14595367

MR deep dive: https://www.buzzsprout.com/2253039/14821316

Keep Up With Daily Drop:

Read the newsletter: https://www.dailydrop.com
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Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, Mike shares his personal experience with travel insurance and how it saved him thousands of dollars when he had to undergo surgery while traveling. He explains the differences between medical insurance and trip-related insurance. He also mentions the limitations of insurance coverage based on what you’re paying for on the card and the need for supplemental insurance in certain situations. 

Check out the written version of Mike’s Insurance Process: https://www.dailydrop.com/pages/how-i-used-my-credit-card-insurance-to-pay-for-my-surgery-abroad? 

Keep Up With Daily Drop:

Read the newsletter: https://www.dailydrop.com
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, we’re joined by the founder of Daily Drop and one half of Kara and Nate on YouTube, Nate Buchanan. He shares his journey from saving two million points to owning a Miles and Points company. He discusses how he got started in the Miles and Points game, the strategies he used to earn points, and how his redemption strategies have evolved over time. Plus, he answers a few questions from the Daily Drop audience!

Check out the Chase Sapphire Preferred Card elevated offer here: https://www.dailydrop.com/credit-cards/chase-sapphire-preferred-card 

The video with Kara and Nate’s favorite country list: https://youtu.be/A6gSZ_CP5d4?si=EH_G4yRbzuEvVquk&t=1975 

Keep Up With Daily Drop:

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Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, Mike and Megan discuss creative ways to use Chase Ultimate Rewards Points. They share personal examples of how they have used these points to book flights and hotels at incredible value. They highlight the flexibility and high value of Chase Ultimate Rewards Points, particularly when used with transfer partners like United and Virgin Atlantic. They also emphasize the benefits of the Chase Sapphire Preferred and Chase Sapphire Reserve cards, which currently have elevated welcome offers. 

➡️ Check out the Chase Sapphire Preferred Card elevated offer here: https://www.dailydrop.com/credit-cards/chase-sapphire-reserve 

Keep Up With Daily Drop:

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Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, Mike answers one of our most common questions around here. He discusses how he justifies holding credit cards with high annual fees, using the Chase Sapphire Reserve as an example. 

Check out the Chase Sapphire Preferred Card here: https://www.dailydrop.com/credit-cards/chase-sapphire-reserve 

Keep Up With Daily Drop:

Read the newsletter: https://www.dailydrop.com
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Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

In this episode, Megan dives deep into American Express Membership Rewards points. She explains the rules and limitations of American Express cards, the cards that earn Membership Rewards points, and how to earn additional points through Rakuten. Megan also discusses some secrets to earn more MR points. Enjoy!

Resources:

Favorite Amex MR earning cards: https://www.dailydrop.com/credit-card-issuers/american-express
Rakuten + Amex: https://www.dailydrop.com/pages/how-to-earn-more-american-express-membership-rewards-points-with-rakuten
What’s in your wallet episode: https://podcast.dailydrop.com/2253039/14554801
Portals episode: https://podcast.dailydrop.com/2253039/13973904
Card Match: https://www.dailydrop.com/pages/find-your-perfect-card-match-with-this-easy-tool

Episode Time Stamps:

00:00 Introduction to American Express Membership Rewards Points
03:10 Rules and Limitations of American Express Cards
06:43 Cards that Earn Membership Rewards Points
10:39 Earning Membership Rewards Points with Rakuten
13:27 Using Card Match for Elevated Signup Bonuses
15:10 Redeeming Membership Rewards Points
18:54 Amex and 2 player

Keep Up With Daily Drop:

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In this episode, Mike and Megan are joined by Brendan from the Daily Drop Youtube channel to talk all about their mistakes. They cover topics such as booking upgraded hotel rooms with points, accidentally using the wrong free night award, using points for poor value, analysis paralysis in redemption, forgetting visa requirements, and passport expiration drama. Plus everyone learns a new hack that ends up saving Brendan thousands of miles on an upcoming trip! 

Resources:

Virgin Companion Pass (Note all pricing is in RT but you can book One way too, just cut in half): https://flywith.virginatlantic.com/us/en/flying-club/spend-points/companion-seats.html 

Hang out on YouTube with Brendan: https://www.youtube.com/@DailyDrop

Episode Time Stamps:

1:45 - Booking Upgraded Hotel Rooms with Points
4:23 - Accidentally Using the Wrong Free Night Award
8:15 - Using Points for Poor Value in a Portal
11:31 - …and then again
14:40 - Forgetting Visa Requirements
19:20 - Passport Expiration Drama
25:01 - Being a Miles and Points Cheapskate
30:30 - Waiting Too Long to Book Awards
35:35 - Virgin Atlantic Companion Award Seats

Keep Up With Daily Drop:

Read the newsletter: https://www.dailydrop.com
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast