Introduction to Miles & Points
2 likes12,295 views
The document discusses strategies for earning and using travel miles and points, including getting credit cards with sign up bonuses, using shopping portals, dining programs, and bank bonuses to earn points as well as tips for searching airline award availability through partners and using transferable points for hotel redemptions. The presentation is given by Daraius from Million Mile Secrets and Summer Hull from Mommy Points to provide an introduction to earning and maximizing the value of travel miles and points.
Introduction to Miles & Points
- 1. © 2013 Million Mile Secrets, LLC, All Rights Reserved Introduction to Miles & Points
- 2. © 2013 Million Mile Secrets, LLC, All Rights Reserved Web: www.MillionMileSecrets.com Email: daraius@millionmilesecrets.com Twitter: @MilMileSecrets Facebook: facebook.com/MillionMileSecrets
- 3. © 2013 Million Mile Secrets, LLC, All Rights Reserved Daraius “Duh-Rye-Us”
- 4. © 2013 Million Mile Secrets, LLC, All Rights Reserved Summer Hull Mommy Points
- 5. © 2013 Million Mile Secrets, LLC, All Rights Reserved Web: MommyPoints.com Email: mommypoints@mommypoints.com Twitter: @Mommy_Points
- 6. © 2013 Million Mile Secrets, LLC, All Rights Reserved (Almost) free travel is not just for a select few, but can be had by many!
- 7. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? The Next 1 Hour
- 8. © 2013 Million Mile Secrets, LLC, All Rights Reserved Connect With Relatives
- 9. © 2013 Million Mile Secrets, LLC, All Rights Reserved Connect With Relatives
- 10. © 2013 Million Mile Secrets, LLC, All Rights Reserved Connect With Each Other
- 11. © 2013 Million Mile Secrets, LLC, All Rights Reserved Have Fun With Your Kids
- 12. © 2013 Million Mile Secrets, LLC, All Rights Reserved Arrive Rested
- 13. © 2013 Million Mile Secrets, LLC, All Rights Reserved Spread Out
- 14. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Experiences Last Forever - Memories with Families & Friends - Save Money & Time Why Collect Miles & Points?
- 15. © 2013 Million Mile Secrets, LLC, All Rights Reserved ….and eat
- 16. © 2013 Million Mile Secrets, LLC, All Rights Reserved Big Travel. Small Money. Million Mile Secrets
- 17. © 2013 Million Mile Secrets, LLC, All Rights Reserved Big Travel with Small Money - Save money - Have experiences you can’t afford - Save time/less stress for frequent travelers Why Collect Miles & Points?
- 18. © 2013 Million Mile Secrets, LLC, All Rights Reserved Visiting Emily’s Grandma $600 Flights!
- 19. © 2013 Million Mile Secrets, LLC, All Rights Reserved Jet Airways First Class Suite $10,000!
- 20. © 2013 Million Mile Secrets, LLC, All Rights Reserved Flying to London to Propose to Emily! $5,000!
- 21. © 2013 Million Mile Secrets, LLC, All Rights Reserved Thai First Class Massage
- 22. © 2013 Million Mile Secrets, LLC, All Rights Reserved Escorted Through Airport
- 23. © 2013 Million Mile Secrets, LLC, All Rights Reserved A $1,000+ Suite in Bora Bora
- 24. © 2013 Million Mile Secrets, LLC, All Rights Reserved The Iguacu Falls to Ourselves for 4,800 SPG + $90!
- 25. © 2013 Million Mile Secrets, LLC, All Rights Reserved Save Time
- 26. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? The Next 1 Hour
- 27. © 2013 Million Mile Secrets, LLC, All Rights Reserved Stuff nobody talks about
- 28. © 2013 Million Mile Secrets, LLC, All Rights Reserved My Goal
- 29. © 2013 Million Mile Secrets, LLC, All Rights Reserved Travel for 2?
- 30. © 2013 Million Mile Secrets, LLC, All Rights Reserved Family of 6?
- 31. © 2013 Million Mile Secrets, LLC, All Rights Reserved First Class?
- 32. © 2013 Million Mile Secrets, LLC, All Rights Reserved Or Coach?
- 33. © 2013 Million Mile Secrets, LLC, All Rights Reserved Good Credit?
- 34. © 2013 Million Mile Secrets, LLC, All Rights Reserved Earn Miles From Business Travel?
- 35. © 2013 Million Mile Secrets, LLC, All Rights Reserved
- 36. © 2013 Million Mile Secrets, LLC, All Rights Reserved Stuff nobody talks about - Ethics
- 37. © 2013 Million Mile Secrets, LLC, All Rights Reserved Know your limits
- 38. © 2013 Million Mile Secrets, LLC, All Rights Reserved Always someone with more
- 39. © 2013 Million Mile Secrets, LLC, All Rights Reserved
- 40. © 2013 Million Mile Secrets, LLC, All Rights Reserved Front Page Test
- 41. © 2013 Million Mile Secrets, LLC, All Rights Reserved Organization Is Key!
- 42. © 2013 Million Mile Secrets, LLC, All Rights Reserved Or…
- 43. © 2013 Million Mile Secrets, LLC, All Rights Reserved
- 44. © 2013 Million Mile Secrets, LLC, All Rights Reserved Alternatively, start small and keep it simple. Missed payments = not worth it.
- 45. © 2013 Million Mile Secrets, LLC, All Rights Reserved Award Wallet For Tracking Miles & Points
- 46. © 2013 Million Mile Secrets, LLC, All Rights Reserved Yodlee or Mint for Credit Cards
- 47. © 2013 Million Mile Secrets, LLC, All Rights Reserved Tips to Stay Organized - Pay Bills Online -Set due dates on the same day - Set Outlook/I-Phone/Notes Reminders - Excel Spreadsheet to Track -Sign-up/Cancelled/bonus received/spending
- 48. © 2013 Million Mile Secrets, LLC, All Rights Reserved Things WILL Go Wrong
- 49. © 2013 Million Mile Secrets, LLC, All Rights Reserved How You React Matters
- 50. © 2013 Million Mile Secrets, LLC, All Rights Reserved Know When To…
- 51. © 2013 Million Mile Secrets, LLC, All Rights Reserved Sometimes “Good Enough” is Enough
- 52. © 2013 Million Mile Secrets, LLC, All Rights Reserved Nothing is Certain
- 53. © 2013 Million Mile Secrets, LLC, All Rights Reserved Hang Up & Call Back Politely
- 54. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Trade-Offs - Be aware of time invested - Flexible travel dates and routings Stuff Nobody Talks About - Trade-off
- 55. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Should I collect miles in all programs or just 1? - Flight miles in 1 program - Collect non-flight miles in ALL programs - Don’t forget hotel points - Hotel elite status could matter more - Earning is easy. Redeeming is harder! Stuff Nobody Talks About – Bonus!
- 56. © 2013 Million Mile Secrets, LLC, All Rights Reserved My Wonderful Wife!
- 57. © 2013 Million Mile Secrets, LLC, All Rights Reserved Double the Miles & Points
- 58. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? The Next 1 Hour
- 59. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Credit Cards - Debit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying Earning Miles & Points
- 60. © 2013 Million Mile Secrets, LLC, All Rights Reserved The EASIEST way to earn hundreds of thousands of points Earning Miles & Points – Credit Cards
- 61. © 2013 Million Mile Secrets, LLC, All Rights Reserved 1 MILLION+ miles/points in 2011 & 2012 Earning Miles & Points – Credit Cards
- 62. © 2013 Million Mile Secrets, LLC, All Rights Reserved Only 240,000 Miles to the Moon
- 63. © 2013 Million Mile Secrets, LLC, All Rights Reserved My Credit Score
- 64. © 2013 Million Mile Secrets, LLC, All Rights Reserved 5 Dangers of Applying for Credit Cards 1. APPLYING FOR LOTS OF CARDS 2. NOT PAYING YOUR BALANCE IN FULL 3. SPENDING MORE 4. YOUR CREDIT SCORE MATTERS 5. BUYING A HOUSE
- 65. © 2013 Million Mile Secrets, LLC, All Rights Reserved 1) Transferable Points 2) Airline/Hotel Cards 3) Cash Back 3 Types of Credit Cards
- 66. © 2013 Million Mile Secrets, LLC, All Rights Reserved
- 67. © 2013 Million Mile Secrets, LLC, All Rights Reserved 1a) Chase Ultimate Rewards Types of Credit Cards -Transferable
- 68. © 2013 Million Mile Secrets, LLC, All Rights Reserved 1b) American Express Starwood (SPG) Types of Credit Cards - Transferable
- 69. © 2013 Million Mile Secrets, LLC, All Rights Reserved 1c) American Express Membership Rewards Types of Credit Cards - Transferable
- 70. © 2013 Million Mile Secrets, LLC, All Rights Reserved Types of Credit Cards – Airlines
- 71. © 2013 Million Mile Secrets, LLC, All Rights Reserved Perks : - Free bags - Priority boarding - Less miles for redemptions Types of Credit Cards – Airline
- 72. © 2013 Million Mile Secrets, LLC, All Rights Reserved Types of Credit Cards – Hotels
- 73. © 2013 Million Mile Secrets, LLC, All Rights Reserved Could be worth paying fee for: - Free night certificates - Elite Status - Discounted award redemptions Types of Credit Cards –Hotel
- 74. © 2013 Million Mile Secrets, LLC, All Rights Reserved Types of Credit Cards – Cash Back
- 75. © 2013 Million Mile Secrets, LLC, All Rights Reserved Types of Credit Cards – Cash Back - 1 to 2% on purchases - ~5% on categories - Easy to understand - Good for coach travel - $5,000 business class ticket = $250,000 spending - $80,000 spending on AMEX SPG = 100,000 AA Miles
- 76. © 2013 Million Mile Secrets, LLC, All Rights Reserved
- 77. © 2013 Million Mile Secrets, LLC, All Rights Reserved Will my credit score go down?
- 78. © 2013 Million Mile Secrets, LLC, All Rights Reserved 3 Credit Bureaus FICO Score: 700+
- 79. © 2013 Million Mile Secrets, LLC, All Rights Reserved Credit Score
- 80. © 2013 Million Mile Secrets, LLC, All Rights Reserved Free Credit Score
- 81. © 2013 Million Mile Secrets, LLC, All Rights Reserved Category Bonuses Are category bonuses worth it? Yes or no? It depends.
- 82. © 2013 Million Mile Secrets, LLC, All Rights Reserved 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) • Citi ThankYou Preferred: 5x 1st year at drug stores, grocery stores, and gas stations
- 83. © 2013 Million Mile Secrets, LLC, All Rights Reserved •2X Travel/Dining •$95 Annual Fee •No Forex Fee •5X Rotating Categories •Gas/Drugstores/Amazon •ZERO Annual Fee And/Or Chase Ink Bold/Plus/Classic/Cash • 5X Office Supply Stores, Cable, Internet • 2X Hotels & Gas • $95 Annual Fee/ No Annual Fee Category Bonuses – Simple Solution
- 84. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Credit Cards - Debit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying Earning Miles & Points
- 85. © 2013 Million Mile Secrets, LLC, All Rights Reserved Debit Cards - Suntrust Delta – 1 mile per $1 - Bank of America Alaska Air – 0.5 mile per $1 - UFB Direct – American Airlines - 0.5 mile per $1
- 86. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Credit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying Earning Miles & Points
- 87. © 2013 Million Mile Secrets, LLC, All Rights Reserved Earning Miles & Points – Shopping
- 88. © 2013 Million Mile Secrets, LLC, All Rights Reserved 10X on Nordstrom Via Ultimate Rewards Mall -
- 89. © 2013 Million Mile Secrets, LLC, All Rights Reserved Online Shopping You can “double dip” and take advantage of category bonuses when shopping via a portal. • Freedom for 5x at Lowes to buy Home Improvement Gift Card • Go back through portal for 5x on purchase • Works with many retailers
- 90. © 2013 Million Mile Secrets, LLC, All Rights Reserved Use Evrewards.com to Find Best Deal -
- 91. © 2013 Million Mile Secrets, LLC, All Rights Reserved $1 purchase keeps miles from expiring
- 92. © 2013 Million Mile Secrets, LLC, All Rights Reserved Earning Miles & Points – Dining
- 93. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Airline & Hotels have dining programs - Sign-up for each and add your card online - Earn miles for every time you dine - Won’t go out of my way to eat… Earning Miles & Points – Dining
- 94. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Bank Direct •100 AAdvantage miles for every $1,000 up to $200,000 •25 AAdvantage miles for every $1,000 after $200,000 Earning Miles & Points – Banking
- 95. © 2013 Million Mile Secrets, LLC, All Rights Reserved Fidelity Brokerage Accounts •United, AA, and Delta Earning Miles & Points – Investing
- 96. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Social Media - Email Sign-ups - Watch a video - Hotel/Airline Promotions Earning Miles & Points – Promotions
- 97. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Credit Card Retention Bonuses - Goodwill Adjustments - Providing Feedback Earning Miles & Points – Asking Nicely
- 98. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Car Rentals - Hotels - Flowers - Magazines Earning Miles & Points - Partners
- 99. © 2013 Million Mile Secrets, LLC, All Rights Reserved - The old-fashioned way! - Two types of miles - Elite & Redeemable - Usually 1 mile per flown mile - Earth’s circumference is 25,000 miles - More miles in First or Business Class (50% to 100%) - Elite miles earn status which gets you perks - Very valuable for frequent traveler Earning Miles & Points - Flying
- 100. - The Points Guy, MileValue & Others… Read Different Blogs - Million Mile Secrets - Mommy Points - View from the Wing - Frequent Miler - Rapid Travel Chai - One Mile at a Time Earning Miles & Points - Blogs
- 101. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? The Next 1 Hour
- 102. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Airline Availability - Hotels - Transferable Points Using Miles & Points
- 103. © 2013 Million Mile Secrets, LLC, All Rights Reserved American Airlines Partners
- 104. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Airline availability on website sucks - Partner awards are KEY - Different tools to search for availability - ANA - Qantas - Air France - Be flexible Airline Availability
- 105. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Paid Tools - Expert Flyer - KVS - Award Nexus - Award Booking Service Airline Availability
- 106. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Don’t forget hotels - No taxes on redemptions - Hotel awards are easier than airline seats Using Miles & Points - Hotels
- 107. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Diversify - More options - Chase Ultimate Rewards, AMEX SPG, Membership Rewards Transferable Points
- 108. © 2013 Million Mile Secrets, LLC, All Rights Reserved - Why collect Miles and Points? - Stuff nobody talks about - Earning Miles & Points - Using Miles & Points - Questions? The Past 1 Hour
- 109. © 2013 Million Mile Secrets, LLC, All Rights Reserved Email: daraius@millionmilesecrets.com Email: mommypoints@mommypoints.com