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How To! with Mike Pesca

How To Maximize Your Credit Card Points

How To! with Mike Pesca

Peach Fish Projects

How To, Education

4.32K Ratings

🗓️ 12 May 2026

⏱️ 31 minutes

🧾️ Download transcript

Summary

Al has over a million American Express points and dreams of booking another once-in-a-lifetime luxury vacation for his family. But the opaque, frustrating system of transferring and redeeming rewards has him completely paralyzed. On this episode of How To!, Mike brings on Elliot Rosenberg, founder of the luxury points concierge Stratys, to demystify the credit card game. They discuss how airlines secretly devalue their miles and why hoarding points is a massive financial mistake. Elliott walks Al through the "earn and burn" philosophy, explains why you shouldn't put everyday spending on premium cards, and shares a simple hack for turning Amex points into five-night stays at elite hotels.

Stratys - http://stratystravel.com/ 

Executive Producer Corey Wara

Edited by Geoff Craig

Booking by Ben Astaire

Do you have a burning question or a problem you need help with? Email us at howto@mikepesca.com and we will consider your topic for the show.

For full Pesca content and updates, check out our website at https://www.mikepesca.com/⁠⁠⁠⁠⁠⁠⁠⁠ To receive ad-free content, become a Pesca Plus subscriber at ⁠⁠⁠⁠https://subscribe.mikepesca.com/ For Mike's daily takes on Substack, subscribe to The Gist List https://mikepesca.substack.com/

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To advertise on the show, contact ⁠⁠⁠⁠ad-sales@libsyn.com⁠⁠⁠⁠ or visit ⁠⁠⁠⁠https://advertising.libsyn.com/howto

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everyone, I'm Susie Weiss, and I've noticed there's just simply not enough podcasts in the world. So I'm launching my own. Let's go. Let's go, baby. Second Thought is a weekly show about pop culture. The stuff everyone's been binging, arguing about, obsessing over. Here's the thing about heated rivalry. I mean, even the most devoted swifties, I think we can agree, not our best work. We'll be hosting thoughtful conversations with culture's most important figures. Talk about genius.

0:22.6

Talk about generational talent.

0:23.7

Coming to headphones near you

0:24.8

on April 17th with a first guest you won't want to miss. Available wherever you get your podcasts.

0:34.4

Swift and safe as birds in flight, the giant planes of American airways are setting the new pace

0:39.7

of man's progress. In 1934, American Airlines introduced the first air travel card. Before then,

0:47.6

department stores and gas stations offered shopper plates. These were discs two and a half inches

0:53.3

by one and a half inches, containing the

0:54.9

customer's names and billing addresses. And if you use the plates at the stores, you could

0:59.2

earn purchases. These were the Stone Age version of points, credit card points. What is the

1:06.0

point of points? Well, to hear the credit card companies tell you, it's that you can travel anywhere on their dime or their points.

1:13.7

A lot of people have points, sometimes a lot of points, but don't know how to spend them.

1:19.6

And these days, if you're not maximizing, you're losing.

1:23.1

So there is the nagging anxiety of having this resource and possibly wasting it.

1:28.4

Maybe you're in this position.

1:30.1

Maybe you'd like to learn how to manage your credit card points.

1:34.9

My name is Al, and I have over a million amex points, and I don't know how to spend them.

1:42.6

Al, give me a lay of the land.

1:44.8

What kind of travel do you do?

1:47.0

Well, my family likes to go do a lot of international travel, going to places that we've

1:53.8

never been before.

1:55.3

If we're going to splurge, you know, we like to splurge on hotels so that we have a nice stay. Those are some of the

...

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