5: Credit Card Points Hacking...Is It Worth It?
Episode description
Julien and Kiersten Saunders (@richandregular) explore the multi-billion dollar business of selling points. Today, most credit card issuers offer consumers points as an incentive to spend more. These points can be used to reduce or even eliminate costs of something you’ve got your eye on….but is it worth it?
In this episode, we cover:
- What “points hacking” is and the pros and cons of gamifying your spending
- Whether rewards points are a reasonable way to lower your expenses
- The unique relationship between airlines and loyalty programs
- How to convert the value of any rewards currency to dollars
Full show notes and resources can be found here: www.richandregular.com/listen
Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers
See omnystudio.com/listener for privacy information.
Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.
Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life.
Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by Forbes
If you would like to learn more about investing, check out our newest class, Making Money Grow