When to Hold 'em and When to Fold 'em
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Description
The Award Travel 101 Podcast is brought to you in part by Thrifty Traveler Premium. Get Thrifty Traveler Premium deal/award alerts sent straight to your inbox. Use promo code “AT10” for $10 off your first year. Recent finds include: Business Class to Europe for 59K pointsBusiness Class to Colombia for 64K miles R/TR/T to St. Kitts for $431You can find these at ThriftyTraveler.com/Premium Post of the week Penina Olar - My husband and I are considering a trip to Asia this summer. When is the best time book with points? My husband wants to fly business class but it’s showing the miles to be at 200K per person for one way. Will the price come down if I book closer to our trip? Most likely going in June. News Zorkcast Episode of “Yo 11 Minutes” 70 - status matchingComplete Guide to Wells Fargo Transfer PartnersAir India Refreshes it’s Flying Returns ProgramIberia Plus Bonus: New Milestone RewardsApplication Fee Is Going up for Global Entry, NEXUS, and SENTRI, Kids Will Be FreeWhat bonuses did we get? AngieWhere's my 20K point checking account bonus?JoeAlaska Business CardAlaska Consumer CardTrip updates AngieModified India trip - 3 separate carriers on 3 different ticketsDomestic flights used Business Platinum portal to get 35% points backJoeChicago Seminars flights 7K out & 11.4K back. Hotel (16K WOH) bookedTampa Dad/Son trip using 50K Breeze and 28K Southwest points plus WOHBooked GH Tokyo using 95K + Suite Upgrade Award $1,200 per night ($3,600)Highlight Feature: Strategy - When to Close Cards Thanks to a recommendation from a member, we decided to review when to hold 'em and when to fold 'em. Is there long-term value?Are the benefits enough to offset the annual fee?If not, is there a retention offer?If no offer, is there a path t0 product change to preserve the credit line to help with utilization ratioIf there's no path to product change, consider closing the card as long as it’s not the oldest cardIf no annual fee, no reason to close. However, sometimes it helps if you close some no fee cards with no value. This was something one of our moderators did to get a Capital One card. If you’re not using them though, put a small charge on them periodically.Where To Find the Award Travel 101 Community For questions, you can join us in the free 100,000+ member Award Travel 101 Community. For more intermediate and advanced strategies, join Award Travel 201 community To book time with our team, check out Award Travel 1-on-1. You can also email us at [email protected]. Our next meetup is located in SEATTLE on AUGUST 16–18, 2024. For more details and to purchase tickets, visit "Out to SEA" on the award.travel website. Support the AT101 Podcast/Community
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