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HerMoney with Jean Chatzky

Ep 224: Using Credit Card Rewards When You Can’t Travel

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 29 July 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

When’s the last time you took a trip somewhere other than your local grocery store? And what are we supposed to do with all those credit card miles and points we’ve been accruing? We discuss with The Points Guy himself, Brian Kelly. He tells us how to get the safest flight possible for the best price, how to decide if you need a new kind of credit card, and what to do with our points right now. In Mailbag, Jean and Kathryn talk through credit freezes for 5-year-olds, how to allocate retirement investments, and UTMA/UGMA accounts for kids. In Thrive, car insurance companies offering refunds.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an Airwave Media Podcast.

0:04.0

Even if a white is cheap, save that money and use your points instead because the airlines have actually really loosened up the ability to get your points back pretty much for any reason.

0:15.6

You know they want people to be using points and traveling so they've made it really easy. Her money is supported by Fidelity Investments. You work too hard for your money to let it sit on the sidelines.

0:33.0

Fidelity can show you how to demand more from your money every day.

0:37.0

Visit fidelity.com slash her money.

0:53.2

So I got a question for you.

0:55.4

When was the last time you left your house?

0:58.7

Or better yet, when was the last time

1:01.2

you left your neighborhood, your city, your village, and you took a trip somewhere

1:06.3

other than say your local grocery store or the dentist's office.

1:11.6

Coronovirus has hit us all so hard with travel restrictions.

1:16.3

We had a canceled spring break, we've had canceled destination weddings and local

1:21.8

weddings. We've had vacations that were scheduled months if not

1:25.8

years ahead that were cancelled. Business travel, cancelled, canceled, canceled,

1:30.8

canceled, canceled. In fact, 66% of leisure and business travelers said that their

1:37.6

plans were impacted by COVID-19. This is according to a survey from destination analysts and this survey

1:47.0

also showed that coronavirus will continue to impact the destinations that travelers choose in the years to come.

1:55.0

26% of people even said they are unsure if they'll continue to travel even after

2:02.0

coronavirus is resolved.

2:04.0

Well, I gotta say this is hitting home for me.

2:06.0

I often travel for work, or at least I did,

2:10.0

before all of this hit,

...

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