The BEST Strategy For Earning Travel Points
00:00:00.000 | even if you can regularly find ways
00:00:02.100 | to get two or even 10 cents of value,
00:00:04.500 | booking, business class travel,
00:00:05.940 | staying at luxury properties,
00:00:07.640 | you probably shouldn't use those points values
00:00:10.260 | when you're comparing the points values
00:00:11.940 | you earned on credit cards with cash back
00:00:13.940 | because you can always find ways
00:00:15.980 | to effectively buy those same points,
00:00:18.300 | whether it's buying through airline and hotel programs
00:00:20.820 | when they go on sale,
00:00:21.900 | and then you can actually get that same
00:00:23.420 | two to 10 cents of value.
00:00:24.540 | So this was a really big change
00:00:26.080 | in the way I thought about things
00:00:27.260 | because the reason I loved credit card points in miles
00:00:30.980 | was that they let you take travel
00:00:34.020 | that would otherwise be much more expensive
00:00:36.100 | and get access to it for much less,
00:00:38.100 | but it's not actually earning the points in miles
00:00:40.500 | that makes it the better deal,
00:00:41.580 | it's actually just having them.
00:00:42.740 | So if you could go out any time of day
00:00:44.660 | and just buy chase points for one cent per dollar,
00:00:47.340 | which you can't, but if you could,
00:00:49.380 | I wouldn't need to earn chase points at all
00:00:51.140 | 'cause I would just buy them
00:00:52.100 | right before I was about to book a flight,
00:00:53.860 | and if for some reason I wanted to take a trip
00:00:55.820 | and the points weren't an option,
00:00:57.180 | then I wouldn't buy the points and I would have to pay cash.