51. Is Points Travel Still Worth It? With Traci Siegel
Point Me To First Class
Devon Gimbel MD
5 • 1K Ratings
🗓️ 19 February 2024
⏱️ 59 minutes
🧾️ Download transcript
Summary
My guest this week is points expert Traci Siegel, a non-practicing attorney who has been using miles and points to travel around the US and the world with her family of four since 2011. She's been teaching friends how to hack their families' travel for years, and now she's teaching even more new friends how to expand their travel budgets through her Instagram.
Discover the recent announcements that are changing the face of points travel and learn whether earning points is still worth it. Traci and I are discussing how we plan to keep getting value from points and awards programs, even as the points landscape changes, sometimes dramatically, over the years.
Get full show notes and more information here: https://www.pointmetofirstclass.com/blog/points-travel-worth-traci-siegel
Join the waitlist for Points Made Easy here: https://www.pointmetofirstclass.com/pointsmadeeasy
Transcript
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| 0:00.0 | Welcome to Point Me to First Class, the only show for employed professionals, entrepreneurs, |
| 0:06.2 | and business owners who are looking to optimize their higher than average expenses to travel the world. |
| 0:10.8 | I'm your host, Stephen Kimballimble and I believe that your expenses are your |
| 0:13.9 | greatest untapped asset if you know how to leverage them. Ready to dive into the world |
| 0:18.9 | of credit card points and miles so you can travel more, travel better, and travel often. |
| 0:23.0 | Let's get started. |
| 0:25.0 | Hello everybody and welcome back to the podcast. |
| 0:31.0 | Now, I don't want to be the bearer of bad news but today is a little |
| 0:35.8 | bit of a sad day in the world of points travel because news has recently been released |
| 0:41.6 | of several negative changes to award booking |
| 0:43.9 | programs and credit card eligibility rules that you're going to hear a bit more |
| 0:48.4 | about in a minute and unfortunately this is not entirely uncommon. |
| 0:54.0 | Every year, airline frequent flyer programs, |
| 0:56.6 | hotel loyalty programs, and the banks that issue |
| 0:59.4 | our favorite points earning rewards credit cards, |
| 1:02.0 | re-evaluate and potentially change their rules or the opportunities |
| 1:06.5 | that exist to earn and use points for award travel. And more often than not, those changes are |
| 1:11.9 | not amazing for us. |
| 1:13.5 | The consumers of rewards credit card products and users of loyalty programs for booking |
| 1:18.0 | award travel. |
| 1:19.8 | Not uncommonly, when these changes occur, folks will wonder whether there is still value to be |
| 1:25.2 | had in earning and using points. Particularly for people who are newer to this hobby and don't |
... |
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