Our point values actually when up this month for the first time since May. It feels good to go in the right direction for the first time in a while. We had a small hotel redemption this month and a signup bonus.
Thats a Lot of Work for a Free Banana
We had one small redemption this month. We scheduled a two day trip to Madison Wisconsin for the Madison Marathon. We used Jenn’s annual free night certificate that she gets from her Marriott Bonvoy Boundless card, and 23,000 Bonvoy points for the two nights. The plan is for Jenn to run 13.1 miles and for me to run 26.2 miles so that we can get a free banana and a Michelob Ultra. Hopefully, we can have a little fun in the two nights we’ll be in Madison, I’ve heard it’s a fun town to hang out in.
Our redemption came in at around .7 cents per point, which is a little low, but that’s okay. You can’t always maximize the value of your points. Sometimes you just need to be happy to get something you need.
Just Another Reason for her to Think She’s Better than Me
This will actually get Jenn over the 25 night threshold (15 nights were from just having a Marriott Credit Card) to make Marriott Gold Elite status. Apparently this gives us 25% more miles on Marriott stays and 2 PM late checkout. It also says it increases our chances of a room upgrade, but I doubt that will actually happen. The late checkout could really come in handy.
A New American Airlines Card
I applied and was accepted for the CitiBusiness AAdvantage Platinum Select. It has a $99 annual fee which is waived for the first year. It’s actually a pretty terrible way to earn points, in that it is 1x on most purchases, and 2x on American Airlines purchases, gas, telecommunications merchants, car rental services and cable and satellite providers. However, there is a 65,000 point sign up bonus for this card, and it does provide a free checked bag and priority boarding.
They do offer a $99 companion fare after you spend $30,000 on the card in a year. The companion certificate is only good within the continental US. Honestly, I can’t imagine that if you did this it would make mathematical sense. I would think that there are better options to spend $30K, where you would earn significantly more points, other than to get a companion certificate in this case.
You might be asking why I applied for a card that I’m badmouthing so much. Well, 65,000 miles is a pretty good haul for $4,000 in spend, and AAdvantage miles are a little hard to come by. American Airlines has no transfer partners outside of Bilt. Also, their cards don’t have great bonus categories, so it’s difficult to accumulate large amounts of miles. They do have a pretty good shopping portal, so there is some ability to accumulate AAdvantage miles that way, but the best way is through sign up bonuses. In addition, they fly out of my home airport (a small airport) which makes their miles more valuable to me.
American Airlines has 4 credit cards available through Citibank and 2 more through Barclays, meaning that they do allow a decent amount of chances to accumulate AA miles through sign up bonuses. Since spending on the cards earns such a small amount of points, and the only transfer partner is Bilt (a credit card company that doesn’t have signup bonuses), the only legitimate ways of accumulating points is through their sign up bonuses, flying American Airlines flights, or by using their shopping portal.
Relying Less on Sign Up Bonuses
A couple of months ago, we decided to start to slow down the number of credit cards that we were opening. There were some pretty good deals out there, and we weren’t able to take advantage of them because of our 5/24 status. 5/24 status is the number of personal credit cards opened in a 24 month period, a metric that Chase uses for determining you eligibility to open new credit cards. If you open more than 5 personal credit card accounts in a 24 month period you are generally considered ineligible to open a new one with Chase. It also seems that Capital One uses something similar, but maybe not as well defined.
Since we won’t need to devote as much of our spending toward meeting minimum spend requirements, we need to be trying our best to take advantage of spending bonus categories on the credit cards we already have. For example, last quarter I had a 5x on gas, groceries, and dining on my Marriott Bonvoy Boundless card on up to $1,500 of spend in the quarter for a maximum of 7,500 points. Also, we basically use the Chase Ink Cash card to pay for our streaming services and phone because we get 5x on those categories. The Ultimate Reward Points earned by spending on the Ink card are worth more than 2 cents per point. In addition, the Wyndham Business Earner card has a whopping 8x on gas.
Those are the types of things that we need to pay more attention to in order to maximize our return on spend when we don’t have to meet large spending requirements for sign up bonuses. I’ve created the chart below in order to keep track of the spending that is not dedicated to meeting sign up bonus requirements. Last month, we managed a 4.8% return, which seems pretty solid.
Anyway, on to the Points Check!
| Card Used | Spend | Points Earned | Point Value | Points Per $ | Return on Spend |
| Capital One Venture | $1,033 | 2,037 | $37.68 | 2.0 | 4.0% |
| Citi Premier Card | $853 | 1,148 | $20.66 | 1.3 | 2.4% |
| Chase Ink Cash | $707 | 3,518 | $72.12 | 5.0 | 10.2% |
| Chase Ink Unlimited | $387 | 582 | $11.93 | 1.5 | 3.1% |
| Marriott Bonvoy Boundless | $339 | 1,696 | $14.25 | 5.0 | 4.2% |
| Wyndham Business Earner | $234 | 1,869 | $20.56 | 8.0 | 8.8% |
| US Bank Leverage | $254 | 549 | $5.49 | 2.2 | 2.2% |
| Totals | $3,807 | 11,399 | $182.69 | 3.0 | 4.8% |
In addition to the spending in the chart above, Jenn spent $1,900 on her US Bank Business Leverage Card and earned $29 in cash back and earned a $750 bonus for meeting the $7,500 spending requirement.
This left us with 282,200 Chase Ultimate Reward points, 85,300 Capital One Venture Miles, 48,400 Marriott Bonvoy points, 27,100 Citi points, 24,100 United miles, 15,000 Delta miles, 6,500 American Airlines miles, and 1,600 Hyatt points. According to the Points Guy Valuations, these points are valued at $9,900.
Newby to Expert Traveler 