We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!
MMMondayMemo: The 3 Basics of Points.
Each Monday, Miles has decided to drop a tip, hint, tutorial, trick that maybe you’ve missed or haven’t heard before. If you’re an expert in this field, some of these may be things you already know, but there are a lot of beginners out there who are just getting their feet wet which is why we created the Monkey Miles Monday Memos. This week we are saying ” DON’T STRESS, MY PET!” Do these 3 things and you’re in a good place.
It’s very easy to get overwhelmed. Here are the 3 Basics of Points – do these and you’ll be better positioned for earn MORE LUX for LESS BUCKS!
1) Pay your bills on time and in Full
Keep your credit healthy and high! There aren’t any points out there worth paying interest and late fees over. Bar none. If you can’t do it…work on paying down your debts before even thinking of points.
2) Credit your travel
At the very least…join the loyalty programs of for airlines you fly, hotels you stay in, and even restaurants you frequent. Wherever there is a loyalty program…sign up for it. Use one email address that you’ve designated to receive all forms of promotional stuff from those places so you’re normal email doesn’t get bogged down.
3) Spend on the right card
Spending on cards that give you bonus points for dining, travel, cellular bills, quarterly bonuses, etc can MULTIPLY IN GREAT NUMBER the amount of points you ultimately earn come year end. Look at the cards you have and see if you don’t earn bonus points in certain categories. If you don’t…consider changing where you spend your money.
There are many ways to get the most Power from your Points, but if you do these 3 things…you’ll be in a much better situation than most.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee
♥ Earn 80k Bonus Points after $4k Spend in 3 months + $50 grocery credit
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥2x on travel
♥2x on dining
♥1x on all purchases