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When to Hold 'em and When to Fold 'em

When to Hold 'em and When to Fold 'em

FromAward Travel 101


When to Hold 'em and When to Fold 'em

FromAward Travel 101

ratings:
Length:
48 minutes
Released:
Apr 12, 2024
Format:
Podcast episode

Description

The Award Travel 101 Podcast is brought to you in part by Thrifty Traveler Premium. Get Thrifty Traveler Premium deal/award alerts sent straight to your inbox. Use promo code “AT10” for $10 off your first year. Recent finds include:Business Class to Europe for 59K pointsBusiness Class to Colombia for 64K miles R/TR/T to St. Kitts for $431You can find these at ThriftyTraveler.com/PremiumPost of the weekPenina Olar - My husband and I are considering a trip to Asia this summer. When is the best time book with points? My husband wants to fly business class but it’s showing the miles to be at 200K per person for one way. Will the price come down if I book closer to our trip? Most likely going in June.NewsZorkcast Episode of “Yo 11 Minutes” 70 - status matchingComplete Guide to Wells Fargo Transfer PartnersAir India Refreshes it’s Flying Returns ProgramIberia Plus Bonus: New Milestone RewardsApplication Fee Is Going up for Global Entry, NEXUS, and SENTRI, Kids Will Be FreeWhat bonuses did we get?AngieWhere's my 20K point checking account bonus?JoeAlaska Business CardAlaska Consumer CardTrip updatesAngieModified India trip - 3 separate carriers on 3 different ticketsDomestic flights used Business Platinum portal to get 35% points backJoeChicago Seminars flights 7K out & 11.4K back. Hotel (16K WOH) bookedTampa Dad/Son trip using 50K Breeze and 28K Southwest points plus WOHBooked GH Tokyo using 95K + Suite Upgrade Award $1,200 per night ($3,600)Highlight Feature: Strategy - When to Close CardsThanks to a recommendation from a member, we decided to review when to hold 'em and when to fold 'em.Is there long-term value?Are the benefits enough to offset the annual fee?If not, is there a retention offer?If no offer, is there a path t0 product change to preserve the credit line to help with utilization ratioIf there's no path to product change, consider closing the card as long as it’s not the oldest cardIf no annual fee, no reason to close. However, sometimes it helps if you close some no fee cards with no value. This was something one of our moderators did to get a Capital One card. If you’re not using them though, put a small charge on them periodically.Where To Find the Award Travel 101 Community For questions, you can join us in the free 100,000+ member Award Travel 101 Community. For more intermediate and advanced strategies, join Award Travel 201 community To book time with our team, check out Award Travel 1-on-1. You can also email us at contactawardtravel@gmail.com. Our next meetup is located in San Antonio, TX on April 26–28, 2024, and we’ve opened up a few more tickets for members! To learn more visit Taco 'Bout A Fiesta! on Eventbrite Support the AT101 Podcast/Community
Released:
Apr 12, 2024
Format:
Podcast episode

Titles in the series (100)

Welcome to the Award Travel 101 Podcast! Founded in 2013 with just 20 members, the Award Travel 101 Facebook group teaches members how to travel the world using points and miles. Today, a community of over 90,000 people from around the world share, teach and learn how to travel anywhere on any budget. Where are you going with Award Travel?