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19. The Art of Smart Spending: Tips and Tricks to Meet Minimum Spend Requirements

19. The Art of Smart Spending: Tips and Tricks to Meet Minimum Spend Requirements

FromPoints Talk with the Travel Mom Squad


19. The Art of Smart Spending: Tips and Tricks to Meet Minimum Spend Requirements

FromPoints Talk with the Travel Mom Squad

ratings:
Length:
38 minutes
Released:
Apr 11, 2023
Format:
Podcast episode

Description

Let's talk about credit card minimum spend! This is a GAME CHANGER for racking up those valuable points and miles fast. If you're new to travel hacking, this concept may seem a bit daunting, but don't worry, we've got some tips and tricks to help you out. First off, we define what we mean by minimum spend. It's the minimum amount you need to spend on a credit card within a specified timeframe to earn a welcome offer. For example, you may need to spend $4,000 in the first three months to earn 60,000 Chase Ultimate Rewards points or 75,000 Capital One Venture Miles. Now, you may be thinking, "How on earth am I going to spend $4,000 in three months?" But the truth is, it's easier than you think. You don't need to be spending frivolously or charging things you don't need. We're talking about charging your everyday expenses like groceries, gas, utilities, phone bills, eating out, and even medical expenses. You can even prepay some bills ahead of time to give yourself a boost! Trust us, meeting minimum spend requirements is easier than you think. Just charge your everyday expenses and pay them off in-full each month. Be sure to choose credit cards with minimum spend requirements that fit your budget, and don't go into debt just to earn points. With these tips and tricks, you'll be earning points and miles in no time! P.S.— Make sure to stick around until the end as we'll be sharing some of the craziest things we've done to hit minimum spend requirements. You won't want to miss it—it's sure to give you a good laugh!   Links:  Free Gifts and Resources To Start Your Travel Hacking Journey: Free MasterClass: How to Start Traveling for Nearly Free Best Current Credit Card Offers: Best Rewards Card Offers | Travel Hacking Mom Award Travel Academy: Award Travel Academy Our Website: https://travelhackingmom.com Connect With Us: Newsletter signup: https://travelhackingmom.com/newsletter Instagram: Alex + Pam + Jess | Points & Miles (@travelhackingmom) TikTok: travelhackingmom's Creator Profile Facebook group: Travel Hacking Mom Group | Facebook  Episode Minute By Minute: 0:00 A quick challenge from Pam 0:49 Welcome and let’s define what minimum spend actually is 8:31 How to open up a new cards strategically 12:00 How travel hacking can make the big purchase better! 22:00 What Pam saves up all her points for  20:57 How to meet the minimum spend on higher minimum spend cards such as business cards 28:43 A couple small disclaimers and working your way up along the way 31:02 Here’s the craziest thing each of us done to reach a minimum spend!  
Released:
Apr 11, 2023
Format:
Podcast episode

Titles in the series (70)

Are you tired of not being able to travel because it's just so expensive? Do finances keep you from your dream destinations and making memories with your family? In this podcast, we show you how you can fulfill that dream of traveling without spending more money. We've earned millions of credit card points to travel all over the world and take our families on amazing vacations. Vacations to Hawaii, Europe, and Disneyland are all possible for nearly free with credit card points and miles. By using credit cards strategically for your everyday expenses, you too can travel for nearly free! We can't wait to help you get that first, nearly-free vacation! Tired of not traveling due to the expense? We can teach you how to travel for pennies on the dollar by using credit card points and miles!