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Point Me To First Class

2. 5 Beginner Credit Card Points Mistakes and How to Avoid Them

Point Me To First Class

Devon Gimbel MD

Finances, Education, How To, Travel, Credit, Expenses, Card, Cards, Society & Culture, Professionals, Tips, Personal, Places & Travel, Business, Points, Rewards

51K Ratings

🗓️ 20 March 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Discover the five most common mistakes people make when they enter the world of credit card points and reward travel, and how you can avoid all of them. I’m sharing how you might be leaving points on the table, costing yourself an astronomical amount in interest, and some places you can utilize and leverage your rewards credit cards that might surprise you.

Get full show notes and more information here: https://www.pointmetofirstclass.com/blog/avoid-credit-card-points-mistakes

Transcript

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0:00.0

Welcome to Point Me to First Class, the only show for employed professionals, entrepreneurs,

0:06.2

and business owners who are looking to optimize their higher than average expenses to travel the world.

0:10.8

I'm your host, Stephen Gimbleimble and I believe that your expenses are your

0:13.9

greatest untapped asset if you know how to leverage them. Ready to dive into the world

0:18.8

of credit card points and miles so you can travel more, travel better, and travel often.

0:23.0

Let's get started.

0:24.0

Hello everybody and welcome to today's episode.

0:30.0

Today I want to share with you the Hello everybody and welcome to today's episode.

0:33.0

Today I want to share with you the top five mistakes that I made as a beginner in the world of credit card points and travel and what you can do to avoid doing the same things.

0:42.0

And when I say these were the top mistakes, you can do to avoid doing the same things.

0:42.8

And when I say these were the top mistakes

0:45.2

I made as a beginner, what I mean is that these were mistakes

0:48.4

that I made for about the first four years

0:51.2

that I dabbled in points travel and I want to make sure that if

0:54.8

you're currently doing any of these things you stop immediately and don't spend

0:58.8

years doing them like I did. Not repeating even one of these mistakes will put you light years ahead of where I was and if you can skip all of these all together

1:08.0

you are going to be earning points so much faster and using them so much better than I did four years.

1:14.0

So here are my top five points mistakes as a beginner in no particular order.

1:19.3

Points mistake number one.

1:21.4

Not paying your rewards credit card statement off in full every single month.

1:25.8

Okay, now I'm lying a little bit because this is a mistake that I actually have never made personally,

1:31.4

but I wanted to include it and highlight it first because it is probably

...

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