227: Travel for (Almost) Free with Credit Card Points Hacking
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 β’ 518 Ratings
ποΈ 28 April 2022
β±οΈ 86 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
Derek interviews Mile Method's Trevor Wright to talk about his secrets of flying around the World for (almost) FREE. Trevor has flown to 133 countries for an average of $16/flight! Johnny also hops on the intro and outro to tell us about his place in Kyiv, which is where he's recording this episode from. Derek and Johnny talk about their experiences with points, flying and whether chasing the points game has paid off or not for each of them.Β
North Dakota-born, Nebraska-raised, Trevor's globetrotting has spanned the spectrum from study abroad student to broke backpacker to luxury traveler. He has averaged $16 per flight to 133 countries while staying free in some of the world's most prestigious hotels. In 2014 Trevor started MileMethod, a 1-on-1 service that earns US clients enough miles/points via credit card signup bonuses to visit their Top 3 Destinations at 95%+ discounts.
Listen to ILAB 227 on iTunes here or subscribe on your favorite podcast app.
Where we are:
- Johnny FD β Ukraine / IG @johnnyfdj
- Sam Marks β Thailand / IG @imsammarks
- Derek Spartz β Los Angeles / IG @DerekRadio
Sponsor:
- NOVO
Sign up for your FREE business checking account RIGHT NOW at Novo.co/ILAB. Plus, Invest Like A Boss listeners get access to over $5,000 in perks and discounts. - Support Invest Like a Boss: Join our Patreon
Discussed:
- MileMethod
- IG : @milemethod
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- ArtofFX β Start with just a $10,000 account (reduced from $25,000)
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*Johnny and Sam use all of the above services personally.
Time Stamp:
- 14:09 β How did you get started using the points programme?
- 16:43 β How do points programmes actually work?
- 21:57 β What airlines have you found to be the most generous?
- 24:44 β How have the airlines made adjustments to affect their bottom line as a result of Covid-19 pandemic?
- 26:51 β How do you find the best sign up offer for a card?
- 28:35 β What do you think about the other sites which use affiliate links?
- 32:10 β How does signing up for the cards affect your credit score?
- 36:01 β Is the card useless after you sign up and use the miles?
- 39:14 β How come no credit card company red flags you?
- 41:19 β What are you looking for in an ideal client?
- 45:00 β What is your fee structure for your clients?
- 46:26 β How do people meet the minimum bonus?
- 48:08 β Why not just sign up for a βcash backβ card?
- 52:00 β Patreon question: Are there still airlines doing mileage runs which are economical?
- 54:11 β Patreon question: Is there a solution to being denied cards even with a high enough credit score?
- 56:26 β Patreon question: What are the options for non-american clients?
- 58:56 β What are some fun trips you have been on?
- 62:14 β What do you see on the horizon with the points programmes?
- 66:05 β Johnny and Derek review
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Copyright 2022. All rights reserved. Read our disclaimer here.
Transcript
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| 0:00.0 | What is up, bosses? Before we kick off this episode, I want to tell you about our brand new sponsor, |
| 0:05.7 | Fortune, it favors the bold, the strong, the brave. For your business to break out of anything |
| 0:11.2 | holding you back, you need business checking as brave as you are. And that's where Novo business |
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| 0:25.2 | Novo has no minimum balance, no transaction limits, and no hidden fees. |
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| 0:33.2 | Novo is customized to your business to save you time and free up cash flow with seamless integrations |
| 0:39.2 | to stripe, Shopify, QuickBooks, online, and more. Sign up for Novo for free and join the community |
| 0:45.1 | of over 150,000 fearless small businesses who found the customizable business checking |
| 0:51.5 | solution that admires their brave. You can sign up for your free business checking solution that admires their brave. |
| 0:54.4 | You can sign up for your free business checking account right now at novo.c.c. |
| 1:00.3 | slash iLab. |
| 1:02.4 | Plus invest like a boss listeners get access to over $5,000 in perks and discounts. |
| 1:08.4 | So just go to n-o-vo-c-o-c-o-slash-I-L-A-B and sign up for free. I'm going to tell you |
| 1:17.2 | even more about Novo during the break in the show. But like I said, one more time, you can check |
| 1:21.9 | them out right now at novo.co-I-Lab. Novo Platform Incorporated is a fintech, not a bank. Banking services provided by Middlesex Federal Savings FAA member FDIC. Terms and conditions apply. All right, let's kick off this episode. Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. |
| 1:46.7 | Join us each week for exclusive interviews with our network of modern investors, business owners and multimillionaires to discover new ways to invest our hard-earned cash. |
| 1:57.3 | Hello, hello, and welcome to Invest Like a Boss episode 227. |
| 2:02.4 | I'm Johnny and I'm in the Kiev, Ukraine. |
| 2:06.3 | It's talking to Derek. |
| 2:07.1 | How you doing, buddy? |
... |
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