Let’s start your points and miles journey!
How do you travel for nearly free with credit card points?
FAQs
How do I decide if this is right for me?
– You pay off your credit cards in full every month
– You have a credit score of 700 or higher
How many credit cards do I need to open to get a free trip?
– It depends, every trip is different. 1 single credit card welcome offer can get you and your partner a nearly free European trip.
– If you are not comfortable opening many credit cards – you can still save tons of money.
What are the different types of rewards earning cards?
– Co-branded credit cards earn specific airline miles or hotel points, ie. Chase Hyatt or American Express Marriott.
– Bank issued credit cards have their own transferable point currency: Chase Ultimate Rewards and American Express Membership Rewards. These points can be transferred to a variety of airline and hotel partners for outsized value.
How do I know what credit card to start with?
– First, take stock of your current credit cards by running a credit report
– Aim for a transferable point currency card – which will have the most options for the highest value
How will this affect my credit score?
– Payment history and credit utilization make up the majority of your credit score. Opening more cards actually increases your available credit, and will often overall increase your credit score
– Age of credit history is next highest to affect your score – so keep your oldest card open.
– Credit inquiries also have a smaller impact, but you may see a small dip in your score when you open a new card. That tends to go up after a couple months.