Getting Started with Miles and Points - FTU Tampa

Getting Started With
Miles and Points
Summer Hull – Mommy Points
Ed Pizzarello – Pizza in Motion

© Lypht, LLC All Rights Reserved
Summer Hull
www.mommypoints.com
Twitter: @mommy_points
Email: mommypoints@mommypoints.com
Facebook: facebook.com/MommyPoints

Ed Pizzarello
www.pizzainmotion.com
Twitter: @pizzainmotion
Email: ed@milepoint.com
PizzaInMotion.com

What We’re Going to Talk About
• Why Collect Miles and Points
• Things to Think About Up-front
• How to Earn
• How to Burn
• Questions

Stay Places We Could Never Afford

Things to Think About Upfront

What Are Your Goals?
• Domestic tickets for multiple people
• International first class for one
• Business Class for two
• Top end hotels around the world
• Family resorts
• Flexibility to book any date
• Tickets to Europe during off-peak times

Your goals should dictate your actions.
It’s much easier to know where to start
when you can see the end game.

Reach your first miles and points goal
and then set a new one. The goal is to
use them, not to collect them!

• Start small
• Don’t worry about what others
are doing
• Do what is right for you
• Don’t sweat the small stuff
• Stay focused on your goals
• Get organized
Tips for Getting Started

Award Wallet

• Set due dates on the same day
• Pay bills online
• Use a spread sheet
• Use service like mint.com if
you need extra help
• Only use certain cards in a
given month
Tips for Staying Organized

Miles and points collecting
can take as much or as little
time as you want.

Be aware that “free” isn’t
always free…but sometimes
it can be close.

Burning well is harder than
earning, so pay attention to
both.

Earning Miles and
Points

• Credit cards
• Debit cards
• Online shopping
• Traveling
• Promotions
• Dining Programs
• Investments
• Asking/complaining
Ways to Earn Miles and Points

Credit cards are the
fastest and easiest
way to earn miles
and points.

I have earned close to
half a million points in
one year.

Remember Your Goals
1. Flexible and transferrable
points cards
2. Hotel and airline specific cards
3. Fixed value points
4. Cash back cards

Transferrable Points
• Ink Bold – 50k
• Ink Plus – 50k
• Chase Sapphire
Preferred – 40k

Transferrable Points
• Premier Rewards Gold– 25k
• Business Gold Rewards – 50k
• Mercedes Benz Plat – 50k

Airline and Hotel Cards
• United MileagePlus Explorer Card
• US Airways MasterCard
• Hilton HHonors Reserve Card
• Club Carlson Visa
Less flexibility, but often give “elite like” perks.

Barclay ArrivalCard, Capital One
Venture Car & FlexPerks
• Bad for premium cabins
• Good for inexpensive domestic travel.
• Good for those who must have date
flexibility.
Fixed Value Points

Category Bonuses
• Ink Bold/Ink Plus 5x: Office Supply stores, cell
phone, home phone, internet, cable
• Chase Freedom 5x: rotating quarterly
categories with $1,500 cap (no annual fee)
• Amex PRG: 3x on airfare, 2x gas/groceries
• Amex Blue Cash Preferred: 6% grocery/3%
gas (grocery capped at $6K)
• US Bank FlexPerks: 3x charitable donations
(Kiva), 2x on cell phone and either grocery, gas,
or airline

Chase Trifecta
Chase Checking

• Never miss a payment.
• Don’t spend more just to get the
bonus or more points.
• Be a good customer.
• Annual fees can add up, so do the
math.
• Credit score may go down in the
short run.
Dangers of Rewards Cards

What Goes Into Credit Score
Inquiries and age of account can hurt, but
total debt to credit ratio can be helped.

My Credit Score Estimates
• Citi Identity
Monitor
• Credit Karma
• Credit Sesame

• Buy a gift card to earn bonus
points
• Then use that gift card via the
portal to make your purchase
• Check Frequent Miler’s lab for
current success stories
Double Dipping in Portals

• Compare manually for large
purchases for accuracy
• www.evreward.com
• Pick2Pay
Compare Shopping Portal Rates

Dining Rewards Network
• 3x – 5x miles per dollar + sign-up and other
occasional bonuses
• Current 3,000 mile United promo

• Contests, giveaways, sign-up
bonuses, free point bonuses
• Occasionally very lucrative
promos come along – hit them big
if you can
• Worth doing for one, worth doing
for the whole family
Look Our For Promotions

• Investments
• Mortgages
• LASIK
• Partners (car rental, flower
orders, wine clubs, etc.)
• Daily Getaways (cheap purchase)
• Speak up when things go wrong
• Just ask
Other ways of earning miles

• Always earn miles on trips
• Credit to a partner if needed
• Look out for promos and register
• Mileage running can be
lucrative…but only for a few
• Mainly done for elite status
Earn Miles From Actual Travel

Burning Miles and
Points

Learning to use miles and points to
their max is the hard part, but don’t
let “analysis paralysis” stop you from
starting the process.
Burning Miles and Points

If you started earning with your end
goal in mind, then burning is easy.
Easy When You Look at Goals

• Look back at your goals
• Look at your value per point, but
don’t get stuck there
• Hotel points usually easier than
miles (no blackout)
• Consider stopovers, open-jaws,
and free one-ways
Things to Consider with Burn

Different award charts have
different costs and countries located
in different zones.
Award Charts

US Airways – Australia biz 110k
US Airways – North Asia biz 90k
Aeroplan US – Europe 1 90k biz
ANA East Coast – Europe 68k biz
BA BOS-DUB – 50k RT in biz
Learn the sweet spots for your
desired destination.
Award Charts Zone Example

• Start looking at 11 months out,
but don’t stop there
• Last minute can be great
• Expert flyer alerts
• Remember to check partners
• Look segment by segment
• Not all options online for all
airlines
Availability Issues

Questions?

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