Beginner’s Guide to Transfer Partners for BIG VALUE (Amex, Chase, Citi, Capital One Credit Cards)

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  • Опубликовано: 5 окт 2024

Комментарии • 342

  • @MarkReese
    @MarkReese  2 года назад +18

    👉 *TYPO:* At 9:31 I showed Marriott with a 1:2 transfer ratio. That should have been Hilton 😄✌ The thought process / strategy is still the same, however.
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    • @bizentechllc6742
      @bizentechllc6742 2 года назад +1

      Got me really excited there for a second with that Marriott 1:2. Though, the Hilton 1:2 is not a true 1:2 as their point nights are usually double of a marriott stay. So it’s honestly a 1:1

    • @MarkReese
      @MarkReese  2 года назад +1

      @@bizentechllc6742 - I get what you mean ✌

  • @Daniel_Braun
    @Daniel_Braun 2 года назад +53

    Transfer partners are what everyone says to use - but they're also very confusing to many people so this video is gold for explaining it all!

    • @MarkReese
      @MarkReese  2 года назад +3

      You got that right! I'm massively thankful for the travel-focused blogs out there who've paved the path for all of us. Many of them live full-time in hotels while traveling the world on every kind of aircraft imaginable, so they know A TON 😃✈️

    • @junboo8730
      @junboo8730 Год назад +1

      @@MarkReeseNicee where you find these blogs?

    • @MarkReese
      @MarkReese  Год назад +5

      @@junboo8730 - By searching / browsing the web over the years. Some of them include:
      - Doctor of Credit
      - The Points Guy
      - View from the Wing
      - One Mile at a Time
      - Frequent Miler
      - Miles to Memories
      - Upgraded Points

    • @junboo8730
      @junboo8730 Год назад +1

      @@MarkReese Wow thank you so much for this.

  • @xYasago
    @xYasago 2 года назад +52

    With the increased spike in delays and cancellations, it’s more risky to book flights via a third party (like portals). If your flight gets cancelled the airline may not be able to rebook you directly. You may be stuck having to call chase/amex/whoever while you’re at the airport to get rebooked. Another reason to use transfer partners instead of booking through the portal.

    • @MarkReese
      @MarkReese  2 года назад +10

      Great point. And yep, I'm a big fan of booking direct for that reason ✈️

    • @anhnguyenthingoc9504
      @anhnguyenthingoc9504 2 года назад +2

      OMG. So true. I booked via Chase portal and they changed my flight schedule multiple times. I called back and forth between Chase and Qatar. I ended up cancelling the flight and rebooked directly with airlines.

  • @Xtremeproducts
    @Xtremeproducts 2 года назад +4

    Mr. Reese just outdone himself again. This a classic

  • @Miggy2222
    @Miggy2222 2 года назад +8

    The Capital One Savor card can also earn miles when paired with a Venture card even though it technically earns cash back! Similar to the Citi Double/Custom and Chase Freedom cards.

    • @MarkReese
      @MarkReese  2 года назад +2

      Exactly right! Awesome card combo right there 🏆

  • @EricTangOfficial
    @EricTangOfficial 2 года назад +8

    What a 💎 of a video! All of the blogs giving each transfer partner different valuations and their takes, but you're here explaining how to genuinely get the best bang for your buck on those hard earned points 🙂

  • @OneEyedWonder
    @OneEyedWonder 2 года назад +3

    I commented on yesterday’s video asking for help finding good deals from my points. Mark, today you liked my comment then said “Noted” and not seconds later you release this video. You’ve got to be the best Credit Card RUclipsr

    • @nubianpwr
      @nubianpwr 2 года назад +1

      Agreed

    • @MarkReese
      @MarkReese  2 года назад +1

      Right on thank you! 🏆🎬

  • @jamilbanks481
    @jamilbanks481 10 месяцев назад +4

    Thank you Mark. The fact that you always go the extra mile to create examples or dive within the actual websites of companies is an asset that is truly appreciated. Thank you for all you do!

    • @MarkReese
      @MarkReese  10 месяцев назад +1

      You're welcome! 💯

  • @Xtremeproducts
    @Xtremeproducts 2 года назад +4

    I traveled on LOT airline from Poland 🇵🇱 to USA 🇺🇸. Very roomy and comfy and I flew economy. They served two meals plus snacks. I can only imagine how their 1st class treatment is

    • @MarkReese
      @MarkReese  2 года назад +2

      Legit! Sounds like a solid cabin experience for economy ✈️

    • @Xtremeproducts
      @Xtremeproducts 2 года назад +1

      @@MarkReese I was shocked

  • @irshadyasin9585
    @irshadyasin9585 Год назад +2

    This is probably the most detailed step by step video about point transfers I've seen online. Thank you for the video and all the links. Great content!

    • @MarkReese
      @MarkReese  Год назад +1

      Glad you liked it, Irshad!

  • @shaikafzalchem
    @shaikafzalchem Месяц назад +1

    This PowerPoint style presentation is so good to understand the points and miles game. Thank you very much!!!

    • @MarkReese
      @MarkReese  Месяц назад +1

      You're welcome! Glad you like the format.

  • @chikaadiele3155
    @chikaadiele3155 Год назад +3

    I never knew about airline partnerships! They essentially function the exact same as airline alliances in regard to redemptions. That's a game changer for me in terms of planning trips. Thank you so much!

    • @MarkReese
      @MarkReese  Год назад +2

      Welcome to a new world of possibilities! ✈

  • @markmishchuk8869
    @markmishchuk8869 7 месяцев назад +1

    What a great explanation. Love this video nobody really explained it like this. Super simple and to the point!

    • @MarkReese
      @MarkReese  7 месяцев назад +1

      Glad you found it helpful!

  • @sjg6158
    @sjg6158 2 года назад +5

    Transfer partners is where all the value is in your points. No doubt about it. Thanks Mark, as usual Sir.

    • @MarkReese
      @MarkReese  2 года назад +1

      It sure is 😎✈

  • @sdrake727
    @sdrake727 Год назад +6

    This concept was overwhelming but your step by step guide was incredibly helpful! thank you so much for helping us all win

  • @Xtremeproducts
    @Xtremeproducts 2 года назад +2

    There goes those shades.

    • @MarkReese
      @MarkReese  2 года назад +2

      😎

    • @Xtremeproducts
      @Xtremeproducts 2 года назад +2

      @@MarkReese it’s all business when the shades comes out

  • @joshsavala6177
    @joshsavala6177 2 года назад +6

    Wonderful video. Quite helpful. Would you be open to a short video on how to book with points for one airline (say British) but fly with another (say Alaska) through alliances?

    • @MarkReese
      @MarkReese  2 года назад +4

      Thanks Josh! I'll consider it for a future video! ✈️

  • @BBlongstroke1
    @BBlongstroke1 6 месяцев назад +1

    My head just exploded! 😅 Ive been searching high and low for information like this and you explained it just right. Still seems like quite a bit of work to do just to finally book a trip if youre a newbie like me. Im all for saving money on plane tickets so, here we gooo!

    • @MarkReese
      @MarkReese  6 месяцев назад +1

      Glad it helped ya! Also check out the recent post on the Community Page of the channel. Major announcement of the new Amex + point.me partnership to make using transfer partners even easier.

  • @SpencerJohnsonOfficial
    @SpencerJohnsonOfficial 2 года назад +5

    This is the most in depth video I’ve seen on transfer partners and it’s SUPER helpful. I always recommend on my channel that people transfer their points out to travel partners but haven’t showed them how, so this video is perfect. Great video Mark!

  • @a3sully
    @a3sully 2 года назад +4

    Great video. I wish I had this knowledge last October when I got my CSP and just used the portal to set up flights and hotels. Just got 3x back. I had set up Southwest and IHG accounts but had no idea how to do any of this stuff you showed in the video. Am sure I would have saved a ton using transfer partners and points instead of getting 3x back. Have since used card for 2x back at hotel stays. I will now start transferring points or use portal and do comparison shopping to get much better value especially on flights. Thank you for making this video. Probably your second most important one. Your understanding credit card statement video is number one.

    • @MarkReese
      @MarkReese  2 года назад +2

      Thanks Shawn! I'm encouraged to hear this video gave you strong value 😃💯 Also, you may want to consider booking Southwest flights (via phone w/ Chase rep) & IHG hotels directly via the Chase UR portal instead of transferring Chase points into those 2 programs.
      On average...
      - Southwest points = 1.2¢ each
      - IHG points = 0.5¢ each
      However, Chase UR points have the following guaranteed values with the following credit cards...
      - CSP = 1.25¢
      - CSR = 1.50¢

  • @dbazile15
    @dbazile15 2 года назад +2

    Great video. While watching this I was thinking on every step how poorly i used my points when booking my first trip. It was as if I looked at video and said, "i am going to just do the opposite of what Mark said"

    • @MarkReese
      @MarkReese  2 года назад +1

      Haha you're not alone! ✈️ I'm not aware of a single rewards program that teaches customers how to get the most value (and therefore cost the company the most money) 😂✌️ Therefore, it's something you learn & improve on over time thru self education (via YT channels, blogs, personal experience, etc.)

  • @aliceismadyeah
    @aliceismadyeah 5 месяцев назад +1

    THIS VIDEO IS AMAZINGGG! Thanks for the detailed explanations!

    • @MarkReese
      @MarkReese  5 месяцев назад +1

      You're welcome!

  • @AnuKidd
    @AnuKidd Год назад +1

    My two struggles (calculating points value and transferring points to airlines alliance/partnerships) were explained very clear in your video. Thank you so muxh for this

  • @aga04able
    @aga04able 4 месяца назад +1

    this isone of the best educational videos ive watched. thank you

    • @MarkReese
      @MarkReese  4 месяца назад +1

      Glad to hear it! 💯

  • @Cvin2
    @Cvin2 2 года назад +4

    I’m heavy on the points game & still learned a couple pointers from this vid! Love how it explains everything in a succinct manner & articulated the more advanced concepts that aren’t usually talked about very well! Super underrated vid

    • @MarkReese
      @MarkReese  2 года назад +1

      Appreciate it, Cvin2!

  • @zpbossik
    @zpbossik 11 месяцев назад +1

    One of the best, detailed video I've found on Points transfers! Thank you for putting this together!!

    • @MarkReese
      @MarkReese  11 месяцев назад +1

      Thank you / you're welcome!

  • @lucida7610
    @lucida7610 2 года назад +3

    I was literally just thinking about how I need to learn more about transfer partners and you post this, perfect timing!! Thanks for taking such a daunting topic and making it easy to understand!

    • @MarkReese
      @MarkReese  2 года назад +2

      Glad it helped, Lucida!

  • @NewbieSoaper
    @NewbieSoaper Год назад +1

    I have been wondering if a video was out there to capture it all and here it is. Most importantly I understood most of it but will refer back to get more gems! Thank you so much!!

  • @TheCreditFrog
    @TheCreditFrog 2 года назад +12

    Great overview of transfer partners Mark! So much detail in this video and you touched on a lot of key points on how to do this right! Thanks for a great tutorial and putting in all the research!!

  • @fray3dendsofsanity
    @fray3dendsofsanity Год назад +1

    Best video I've seen about this! It can be super complicated to understand, especially when we get to the process of booking flights of other airlines through alliance partners. Not intuitive in the slightest, so this presentation really made it clear!

    • @MarkReese
      @MarkReese  Год назад +1

      Glad you found it beneficial!

  • @CesarJoel
    @CesarJoel 2 года назад +2

    Great video, thanks! 💪💪💪

    • @MarkReese
      @MarkReese  2 года назад +1

      You're welcome! 👊

  • @davemartinez4143
    @davemartinez4143 2 года назад +1

    Thank you very much that was very helpful. Since I can go whenever I want ( empty nesters ). I will need to do my homework you get the best redemptions. Once again thank you

    • @MarkReese
      @MarkReese  2 года назад +1

      You're welcome, Dave!

  • @tareqalahmed
    @tareqalahmed 2 года назад +4

    Man this is awesome we ask and you deliver

  • @jimmyjames6492
    @jimmyjames6492 2 года назад +3

    Thanks so much for the information + video! This really helps to figure out how to take advantage of transfer partners. Much appreciated!

  • @Heroslaga
    @Heroslaga 2 года назад +1

    That last point is very interesting, I have my own business and I have to travel on specific days when events are happening so it’s though trying to save money using points when I have a rigid schedule

    • @MarkReese
      @MarkReese  2 года назад +1

      Indeed. You can still travel whenever you like & use points / miles, but there may be times when _maximizing_ may not be possible. You can try to mitigate that some by planning in advance.

  • @HMicahA
    @HMicahA 2 года назад +1

    I was not aware of that Amex offset fee!

  • @jsqt
    @jsqt Год назад +1

    The information here is mind-blowing and really easy to understand. Appreciate it ❤

  • @LiveTravelExplorer
    @LiveTravelExplorer 2 года назад +3

    Hey Mark, outstanding. Even though this video is meant for beginner's, always good to watch and remind yourself to double and triple-check all steps ALL THE TIME. Thank you 😎🤝👍💪

    • @MarkReese
      @MarkReese  2 года назад +3

      Exactly right! 💯✈

  • @yj3881
    @yj3881 2 года назад +2

    Wow! Thank you for the wonderful step-by-step tutorial! Very few people could do it like yours! Do you have a social media group that I could join?

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks YJ! I do not have a group at this time.

    • @yj3881
      @yj3881 2 года назад +2

      Hi Mark,
      For a higher success rate of booking 3 business class seats with points, is JAL much more feasible than ANA? For 3 premium economy seats, is it fair to say much easier for both JAL and ANA? Is there any way to use both AA and Alaska miles transferred to book 3 JAL business flights? Your insight will be greatly appreciated!

    • @MarkReese
      @MarkReese  2 года назад +2

      @@yj3881 - I don't have experience with that, so I cannot say.

  • @basilhamed3039
    @basilhamed3039 2 года назад +2

    A great video with detailed information on how to do it with every travel card ! As usual , a very impressive content . Thanks a lot mark :)

    • @MarkReese
      @MarkReese  2 года назад +1

      You bet, thanks Basil!

  • @bryanacevedo4724
    @bryanacevedo4724 2 года назад +2

    This video was soooo helpful, thanks

  • @bfan2816
    @bfan2816 2 года назад +2

    You're the Man!

  • @Javachacin
    @Javachacin Год назад +1

    Where I get stuck is - I want to book an ANA flight for example, I transfer my points to Virgin. Where do I book the flight? On Virgin? I’ve had situations where I know the partner airline flies the itinerary I want but when I search the other airline those flights don’t show up. I would love a walk through of the actual booking process for partner airlines, I haven’t seen any RUclipsrs tackle this. Otherwise this was an awesome breakdown, always appreciate your videos - thank you!❤

    • @MarkReese
      @MarkReese  Год назад +2

      This is where the transfer partner game gets complex (and ANA>Virgin is one of the least straight forward redemptions in the entire industry) 😁
      To book ANA via Virgin, you want to search for availability via United Airlines or Air Canada. Write down the flight # and class you desire. You'll then need to pick up your phone & call Virgin to have them confirm space on that itinerary.
      That's when you'll want to transfer points into Virgin's program (should be done instantly) and have the phone agent complete the booking (either on the same call or on a 2nd call).
      I'll consider a video about this at some point. Meanwhile, the OMAAT blog did a write-up on this last year. Here's a link: onemileatatime.com/guides/redeem-virgin-atlantic-points-ana/

    • @Javachacin
      @Javachacin Год назад +1

      @@MarkReese Thank you, I think I's getting it now :) it seems like work, but it could be worth it - and thank you for the link!

  • @scottb_02
    @scottb_02 2 года назад +2

    Looking forward to the advanced guide!

  • @scotb7352
    @scotb7352 2 года назад +2

    I needed to see this video! Thanks!

    • @MarkReese
      @MarkReese  2 года назад +1

      You're welcome, Scot!

  • @NCKyle1980
    @NCKyle1980 Год назад +1

    I was entirely disgusted when I really saw low low value of points to Hilton rooms I wanted so today I tried a Marriott. Most were meh blah but I found one that got me. A room in Chicago Halloween weekend that woukd have cost over $1,200 cash. However with the boost right now I transfered 57,000 got 68,000, used them and $300 cash. So 900 / 57,000 equals 1.578 cents per point. I am so happy and looking forward to my first Marriott stay.
    Take care, great sir. Best to you Everyday! Haha (because of your most recent video)

    • @MarkReese
      @MarkReese  Год назад +2

      Awesome, enjoy the trip!

    • @NCKyle1980
      @NCKyle1980 Год назад

      @@MarkReese I really did my good sir. The view was amazing. Marriott Marque Chicago. Executive King Suite corner room with Chicago Skyline and Lake Michigan views. It was so nice.

  • @aeromotive2
    @aeromotive2 2 года назад +3

    Super good Mark, keep it up!

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks Ash! Will do!

  • @janenuss6
    @janenuss6 4 месяца назад +1

    Very informative video. Thank you!

  • @Jordan-sq1oo
    @Jordan-sq1oo 2 года назад +2

    Very informative thank you

    • @MarkReese
      @MarkReese  2 года назад +1

      You're welcome! ✈️

  • @Tdub96
    @Tdub96 2 года назад +1

    New to researching this but this is hands down the most helpful video I have seen explaining this stuff. Great work.

    • @MarkReese
      @MarkReese  2 года назад +1

      Glad to hear it! ✈️

  • @CreditOneSux
    @CreditOneSux 2 года назад +1

    This is an amazing breakdown of the points and miles game! Thank's for the video!

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks, glad you found it useful!

  • @armychris384
    @armychris384 2 года назад +2

    I mainly use Chase UR points. Can you show how I can transfer to British Airways to book flights with American Airlines? Great videos, thank you Mark!

    • @MarkReese
      @MarkReese  2 года назад +1

      Perhaps at some point! Meanwhile, here's a great blog post by Million Mile Secrets of how to do exactly that ✈️ millionmilesecrets.com/guides/how-to-book-american-airlines-flights-with-british-airways-avios-points/

  • @nicolasgamboa5857
    @nicolasgamboa5857 2 года назад +1

    Amazing video definitely need this video to see how I was gonna use the Amex points

    • @MarkReese
      @MarkReese  2 года назад +1

      Glad it helped! 😃🎬

  • @MannyCovington
    @MannyCovington 2 года назад +1

    This video is a great guide for everyone starting off with the points and miles game!

  • @cssr26
    @cssr26 2 года назад +2

    You are the man!! Thank you so much for the explanation

  • @kathyspencer7882
    @kathyspencer7882 2 года назад +2

    Great video Mark! Love the content and the way you present the info. Once again I learned a lot. 🙌🏼

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks Kathy! Glad it helped!

  • @EduardoPerez-es4yn
    @EduardoPerez-es4yn 2 года назад +2

    You have very detailed and informative videos ! Loved this lesson on redemption value ! Hell yea Mark!

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks Eduardo! 💯

  • @ac-zj2mv
    @ac-zj2mv 2 года назад +1

    I'm new to this world of amex points this video help tons

    • @MarkReese
      @MarkReese  2 года назад

      Welcome to the world of Amex points! Glad to hear the video helped! 💯

  • @blogauthor3375
    @blogauthor3375 2 года назад +1

    Don't forget, sometimes cash is the best deal. Save the points for a better deal later. Wyndham is a great example, the may charge 15,000 points for a room costing $80 or $250. Don't use the points for the $80 room.

    • @MarkReese
      @MarkReese  2 года назад +1

      Great point right there! 👊

  • @meilinaa.8185
    @meilinaa.8185 Год назад +1

    Wow this was very very helpful to beginners thank you for being so clear

  • @NguyenTran-eq2wg
    @NguyenTran-eq2wg 2 года назад +1

    It cannot be more comprehensive 🥰

  • @Wolange1987
    @Wolange1987 2 года назад +1

    Mark thank you for making this video. You explained everything beautifully and in detail. Thank you again for all the hard work and research.

    • @MarkReese
      @MarkReese  2 года назад +2

      Glad it was helpful, Vishwajeet!

  • @Tpep
    @Tpep Год назад +1

    Looks super helpful looking forward to trying this out!

  • @reddwitdreadz
    @reddwitdreadz 2 года назад +1

    You are a true credit card guru!! I think I’m going to stick with 2 vendors (Chase & Amex) because I don’t want to have too many vendors which is so many different apps to have to keep up with. This is good info for me as now I know how to redeem UR w/my CSP when I’m ready. Also, with your division, if I got it correctly. Apple products give a 1:1 ratio on UR.

    • @911eVoX
      @911eVoX 2 года назад

      Wait a couple months. You'll be into Barclays, Citi, and Capital One. Don't worry, it happens and we were all like you when we first started!

    • @MarkReese
      @MarkReese  2 года назад +2

      Chase + Amex = great setup! 😃💳 Regarding Apple Products, yes, 1 point = 1¢, so for instance 10,000 UR points = $100. There may also be limited-time promotions that run throughout the year when UR points can be worth 1.25¢ - 1.50¢ each for Apple products depending on the card you have. Here's a link to another video showing that when I redeemed for an Apple Watch 🎬 ruclips.net/video/nr94dlva2C8/видео.html

  • @fogrunr5075
    @fogrunr5075 2 года назад +1

    Bow down to the Master of Points!
    It wouldn't surprise me if you are a world history teacher.

    • @MarkReese
      @MarkReese  2 года назад +2

      Glad you enjoyed the video, Fog runr!

  • @wizardfones4113
    @wizardfones4113 7 месяцев назад +1

    Show us how to book a flight using KLM award miles and book with Delta flights.

    • @MarkReese
      @MarkReese  7 месяцев назад +1

      Thanks for the suggestion 👍

  • @lisapark1758
    @lisapark1758 2 года назад +1

    You are srsly the best!!

  • @alexrod550
    @alexrod550 2 года назад +1

    Awesome Info. Thank you. so much.. !!

  • @malcolmrichardson
    @malcolmrichardson 2 года назад +1

    Outstanding overview! Thank you Mark!

    • @MarkReese
      @MarkReese  2 года назад +2

      Sure thing, Malcolm!

  • @jefuryo
    @jefuryo 2 года назад +1

    Wow my comment is exactly the same example you gave-ish, before I even saw your example on the video

    • @MarkReese
      @MarkReese  2 года назад +1

      An example of RUclips brilliance! 😄

  • @kazi1
    @kazi1 2 года назад +2

    thanks for this video

  • @reddwitdreadz
    @reddwitdreadz 2 года назад +2

    I’m surprised you haven’t transferred your CFU points to your CSP 🤔 Great content as usual, saving this to my favorites so I can come back to it if I get an AMEX card that earns MR

    • @MarkReese
      @MarkReese  2 года назад +2

      I let the points accumulate individually per card. Combining only occurs when I want to redeem.

  • @l.a.rivasesq.8841
    @l.a.rivasesq.8841 2 года назад +1

    This video was very informative and clear. Great job!

  • @johnwick860
    @johnwick860 11 месяцев назад +1

    Chase UR to Hyatt is the best

  • @jimmyobando938
    @jimmyobando938 Год назад +1

    Marc as you know a lot people like to travel on cruises can you do a video how to redeem points to maximum travel

    • @MarkReese
      @MarkReese  Год назад +1

      Hi Jimmy - probably not at this time. While there are ways to use points for cruises, I'm not aware of any methods that give great value.

    • @jimmyobando938
      @jimmyobando938 Год назад +1

      @@MarkReese Muchas Gracias Señor Marcos

  • @anthonysmith3593
    @anthonysmith3593 2 года назад +1

    only time I've transferred points was over to Marriot at the time they had a 25% bonus for transferring amex points over so got a decent room for next to nothing had to pay a small resort fee.

    • @911eVoX
      @911eVoX 2 года назад

      That's an awful redemption value

    • @MarkReese
      @MarkReese  2 года назад +1

      Hey Anthony - well done on learning how to use the transfer partner tool on your own & for doing so during a promotional offer 😃👍 Sometimes there can be good value in simply not paying cash for a trip & not having to go through all the math to 'maximize' every point.

  • @primrosetx9571
    @primrosetx9571 2 года назад +1

    Thank you very much. Greatly appreciate your time and effort.

    • @MarkReese
      @MarkReese  2 года назад +1

      You're welcome! ✈

  • @khsimagesdotcom856
    @khsimagesdotcom856 2 года назад +2

    Just get a flat cash back credit card.
    Some provide as high as offer 2% cash back on EVERYTHING. Unless you're a frequent traveler or restaurant customer, 2% cash back is a better benefit. I use mine at:
    - the doctors
    - dentists
    - for car insurance
    - cable
    - cell phone bills
    - amusement parks
    - etc.
    Even if you can transfer points with these other credit cards to fly first class, I'd rather enjoy the flexibility of flying where ever and whenever I'd like and find my own cheap tickets, than have this dictated to me by having to get the maximum value for my points.

    • @MarkReese
      @MarkReese  2 года назад +2

      A flat 2% card is a great way to go! 😃👍

  • @danniesingletary4630
    @danniesingletary4630 Год назад

    Very informative. A lot of information but you made it easy to understand. Good job 👍

  • @PatNeedhamUSA
    @PatNeedhamUSA 2 года назад +1

    perfect timing for this video, i have 350k points between Chase UR and Amex MR ready to be used effectively 😂

    • @MarkReese
      @MarkReese  2 года назад +2

      Nice stash of points! ✈️🏆

  • @munchymunch8698
    @munchymunch8698 Год назад +1

    Awesome video thanks

  • @OanhNguyen-zq6ud
    @OanhNguyen-zq6ud Год назад +1

    Thank you! This is very helpful!

  • @nichtsistkostenlos6565
    @nichtsistkostenlos6565 2 года назад +1

    The only qualification that I would make about speculatively transferring points is that it may make sense to do it if there's a limited-time redemption offer and you know you're going to use the points on the other end. Like right now, Marriot is offering a 50% bonus on transfers from Chase UR points. I transferred some points knowing that I'm going to be using those points to top off some free night certificates to get some excellent redemption values in the near future, even though I don't have the exact itinerary planned. It doesn't always make sense to do this, and generally, I would err on the side of not speculating this way, but I think there are definitely some exceptions to the rule.

    • @MarkReese
      @MarkReese  2 года назад +1

      Great point! 😃👍

  • @PatrickDKing
    @PatrickDKing 2 года назад +2

    Very helpful. I'm still on the fence of whether cashing all the points out and putting it in investments or not would be the better option. I figure I don't travel too much anyway, and if the average return is 10% a year, using simple interest for sake of easy math. Chase points invested for 2.5 years (probably less due to the reality of compounding interest) would put the "value" of the points at 1.25 just like the sapphire preferred, 5 years if you have the reserve. But then anything after five years is bonus. Then there is the reality of if you don't do something with the points soon you are losing out, points redemption and program changes, inflation, years of lost interest. Example, I'll probably break 1 million Chase points soon, and for now we've been banking them for a theoretical travel. The only certainty is while they points sit in that balance pool, they do no good and lose value. It's very tempting to just cash them all out and then if I ever do take a trip then just pay cash for it. The only thing I'm holding back on is if I could do one of those extraordinary trips like the maldives for a few hundred instead of tens of thousands cash. I'm very suspect of the people that post those videos. If it was so easy and commonplace why isn't everyone under the sun doing it...I mean come on, a $20k+ trip for only points and a few hundred bucks? I don't quite buy it. I think something else has to be at play here.
    /end thought.

    • @MarkReese
      @MarkReese  2 года назад +2

      There's no trickery involved. The reason why everyone is NOT doing it is because the vast majority of people: (a) Don't know how to do it and (b) Are not willing to get a bunch of credit cards to get enough points to make it happen.
      It can also be difficult to plan. The amount of research involved with transfer partners, alliances, routes, award availability, etc. can be a real headache.
      If you don't travel much, then it probably doesn't make sense to keep collecting travel points. If I were in that situation, I'd personally cash them out & invest. Then, if / when I wanted to get into travel, I could simply get more cards with more bonuses. It's not like if you redeem them all, you can never earn more again. There's no scarcity of points in the U.S. market.

    • @PatrickDKing
      @PatrickDKing 2 года назад +2

      @@MarkReese Good points, giggity haha. If you're ever bored you should show us how to do a maldives trip on the cheap lol.

  • @Ok21111
    @Ok21111 2 года назад +2

    Great video Mark👍I’m over here still trying to figure out which card to get because they’re sending me Pre Approvals for 2 of their cards which is 400$ Cashback on the Blue Cash Preferred or 120K for their Business Gold Card. It’s hard to choose between these😱

    • @MarkReese
      @MarkReese  2 года назад +2

      2 very different cards for very different purposes.

  • @tomastaz
    @tomastaz 2 года назад +1

    This is the video I've been waiting for. Thanks!

  • @jdawg7011
    @jdawg7011 2 года назад +2

    Awesome video, Mark. I am forwarding to friends and family. For #8, if I value Chase points at 2 cents per point wouldn’t I be getting poor value with either redemption in your examples (portal or transfer partner)? In either case I’d be better off paying cash, no?

    • @MarkReese
      @MarkReese  2 года назад +2

      Thanks J Dawg! If you value Chase points at 2.0¢ each at a minimum, then yes, you may want to pay cash for the examples shown in the video. Better to save the points for a different trip where you could get that 2.0¢ (or greater) value for a much bigger savings at that time.

  • @cojadmin823
    @cojadmin823 2 года назад +1

    Hi, thanks for the video, very informative. One question that I don't see people answering. Example 5 (17:11) you say to transfer Avios and then book with a partner airline. But how do we do that? When I go to British Airlines it doesn't show all the AA flights I saw, for example. Going to AA site, you have to use AA points.. Basically my question is: How do I use my transfer partners points to book directly with an airline in their alliance? Thank you!

    • @MarkReese
      @MarkReese  2 года назад +1

      Hi Mark - the booking part can vary based on which partners are being used. For the British Airways Avios to American AAdvantage bookings, here's a link to a great post by Million Mile Secrets that goes over the process: millionmilesecrets.com/guides/how-to-book-american-airlines-flights-with-british-airways-avios-points/

  • @Raven_623
    @Raven_623 2 года назад +1

    errata-should it be Hilton instead of Marriott around 10:00

    • @MarkReese
      @MarkReese  2 года назад +1

      Indeed 😁 Thanks for catching that, Albert!

  • @wmmarquez
    @wmmarquez 2 года назад +1

    Thanks for the info. I’m not sure if you already made a video but how will you know how much points to transfer? Do you go to portal and look at the dollar and point equivalent there? Go to the airline/hotel website? Because all they show is the dollar amount.

    • @MarkReese
      @MarkReese  2 года назад +2

      You'll want to search for award flights on those airlines (i.e. search for 'prices' in miles, not cash)😃✈ For example, if you look at United.com, there's a little checkbox that says 'Book with miles.' That's the view you'll want to see in order to see how many miles flights cost w/ different airlines.

  • @robertbl7500
    @robertbl7500 2 года назад +1

    Wow…excellent info!! Thanks!!

    • @MarkReese
      @MarkReese  2 года назад +1

      Glad it was helpful!

  • @joseelvir5849
    @joseelvir5849 2 года назад +1

    Thank you. Great info.

  • @blakinsideandout
    @blakinsideandout 2 года назад +1

    great video. I needed this. I know you're probably swarmed with replies to this video and your poll earlier but can you plan a video about hidden information when applying for cards??
    As an example, I watched a video that says there are 3 separate kind of visa cards (visa signature, visa unlimited, I forgot the 3rd). visa unlimited cards supposedly have a minimum credit line of $10K and require a minimum credit score of 720. (Venture X was their example for this card).
    Another example from a separate video said that the max credit line a certain company (I can't remember which) would only approve someone for 50% of their annual income.
    I'm sure you probably know of others. this kind of information would, I think, help alot of people out in conjunction with getting them excited about a shiny new card.

    • @MarkReese
      @MarkReese  2 года назад +1

      Thanks for the suggestion, Kane! 👊 Correct, there are 3 levels of Visa credit cards:
      - Visa
      - Visa Signature
      - Visa Infinite
      Each one may offer higher benefits, higher minimum credit lines, better insurance & protections, etc.

  • @HoopDreamz
    @HoopDreamz 2 года назад +2

    I don’t see ANA as a transfer partner for Chase. How do I do that?

    • @MarkReese
      @MarkReese  2 года назад +1

      ANA is not currently a Chase transfer partner 😄✌

  • @Lorenzo-xv1iq
    @Lorenzo-xv1iq 9 месяцев назад +1

    Where is the video where you show how the partners overlap between credit cards companies?

    • @MarkReese
      @MarkReese  9 месяцев назад +1

      Here you go, starting at 11 min 56 sec: ruclips.net/video/ocvo_lVUOlU/видео.htmlsi=1pfWSyEa3g3z12DS&t=726

  • @jaymeez
    @jaymeez 2 года назад +1

    Well Done 👍🏽

  • @ohkayw
    @ohkayw 6 месяцев назад +1

    Thank u for the video. So u have to make an acc for all the airlines? Like delta, united etc? And also an alliance acc?

    • @MarkReese
      @MarkReese  6 месяцев назад +2

      You need to make an account with each airline & hotel program to which you want to transfer. No need for an alliance account.

  • @nickbrand3265
    @nickbrand3265 9 месяцев назад +1

    Awesome thanks you

  • @thedufloth
    @thedufloth 2 года назад +1

    What a great video Mark. I was thinking is there any different when transferring MR points from a Business card? Thanks

    • @MarkReese
      @MarkReese  2 года назад +2

      Thanks Maya! No difference when transferring from a business card.

  • @nubianpwr
    @nubianpwr 2 года назад +1

    Nobody, I mean nobody, does it better👋🏾👋🏾 encore, encore, on to the advanced class... Int'l Bus & 1st class Alliance Partner usage examples for - OUTSIZED value😀

    • @MarkReese
      @MarkReese  2 года назад +2

      Thank you! 🏆✈️🏆