Podcast: Rich and Regular

E5: Credit card point hacking. Is it worth it? [ Show Notes]

Episode Description:

Today, most credit card issuers offer consumers points as an incentive to spend more. These points can be used to reduce or even eliminate costs of something you’ve got your eye on….but is it worth it? In this episode, we cover: 

  • What “points hacking” is and the pros and cons of gamifying your spending
  • Whether rewards points are a reasonable way to lower your expenses
  • The unique relationship between airlines and loyalty programs 
  • How to convert the value of any rewards currency to dollars

Mentioned in this episode

Are you looking for a community of like-minded people who are just as passionate about personal development as you are? Then look no further than the Success Achievers Community.  And guess what?  It's free to join! Click here to connect with thousands of others around the world.

Follow us on social media!

Featured partner

Credit Karma

Looking to monitor your credit score? Credit Karma tracks your accounts, offers you a free credit score and gives tips on how to improve it. This way, when you're ready to buy a home, car or take out a loan, you'll know you're getting the best rate possible.

CreditRepair.com

Don't have the time or patience to do all the dirty work yourself? Visit creditrepair.com. They'll help you dispute any errors, and challenge discrepancies that may be keeping your score down.

r&R favorite
Personal Capital

Hands down, Personal Capital is our favorite financial app. This is what we use to track our spending, calculate our net worth, and monitor the cost of our investments. The app is completely free to use and if you choose to invest with them, they have a team of licensed fiduciary advisors who can help you manage your portfolio.


Related content