Wow, another big month of accumulating points as we continue to collect Membership Reward points from the three American Express cards that we signed up for this year. Last month Jenn earned her 130,000 point bonus on her Amex Business Gold card. This month, I earned my 75,000 point signup bonus on my Amex Gold Card. These bonuses in the last two months were the main reason why our total points valuations jumped from over $10,500 two months ago to over $15,000 now.
Hoarding Points
There is a a generally agreed upon philosophy in the points and miles community of “Churn and Burn”. It’s actually a very solid philosophy. The reason for that is because over time, points tend to lose their value. They don’t go bad like milk, but they do have a tendency to be worth less over time. For example, when we were planning our first trip to Europe, we accumulated a bunch of United miles with the hope that 240,000 points would be enough to fly round trip for four people.
This was actually the case for us on that trip, because at the time, 30,000 points one-way was actually pretty commonly available. However, if you try to use United miles to fly to Europe now, chances are that it will cost you over 40,000 points each way in economy. So if you were holding a bunch of United miles, you just saw the value of your points drop pretty significantly.
We are, against the advice of so many people, deliberately hoarding points. Why? Well, partly because of the fact that we have two kids and we are at the stage of our lives where we are unable to travel as much as we want. The other reason is that because of the kids we spend a lot of money on things like groceries, clothes, cell phones and especially car insurance that will be significantly reduced once they move out on their own.
This will eventually reverse and we will travel more, while spending and earning less. That is when we will definitely need to lean heavily on points and miles to allow us to maximize our travels. My rough goal is to save about $5,000 worth of points and miles annually until I’m eligible for retirement. It seems aggressive, however in two and a half years in the points and miles hobby, we’ve managed to accumulate $15,000 in points and miles, while still taking some pretty great trips.
A minor Redemption
We have a trip to Italy planned in November, where we were able to leave a 25 hour stopover on our flight from Chicago to Rome. The stopover is in Amsterdam, and I am very much looking forward to it. When we planned for that, I knew we would need to book a hotel. I was hoping to use our category 1-4 Hyatt certificate for the stayover. The problem was that the hotel that I really wanted to stay at was a category 5, and the only other Hyatt that made sense was a category 2.
I’m not going to burn a free night certificate on a category 2 hotel, so we went ahead and used 8,000 Hyatt points to book a room at the Hyatt Place near the Amsterdam airport. We’re going to have to take the train into the the center of Amsterdam to enjoy it, but at least we’ll be close to the airport when it’s time to catch our flight.
Capital One Spark Card Select
Jenn applied for and was accepted for the Capital One Spark Card Select. The Spark Card Select is a business card that earns an unlimited 1.5% on all purchases. It doesn’t have an annual fee and it comes with a $750 signup bonus when you spend $6,000 in the first 3 months.
One interesting wrinkle in this is that you can transfer any cash rewards to a Venture card, if you have one, at a ratio of 1 cent to 1 point. This means that if you have a Venture card, which Jenn does have, you can transfer the $750 signup bonus to the Venture card as 75,000 venture miles. The nice thing about Venture miles is that they can be transferred to any of Capital One’s many transfer partners.
This is probably not going to be a card we spend on once we hit the signup bonus. We already have a couple of 2% anywhere cards that work as a good base for any spending in non-bonus categories, so 1.5% just isn’t going to excite me much after earning the signup bonus. That being said, it doesn’t have an annual fee, so there isn’t a huge incentive to run out and cancel it either.
On to the Points Check!
Card Used
Spend
Points Earned
Point Value
Points Per $
Return on Spend
Venture
$1,292
2,584
$47.80
2.0
3.7%
Ink Cash
$534
2,651
$54.35
5.0
10.2%
Wyndham Business Earner
$450
2,734
$30.07
6.1
6.8%
Citi Custom Cash
$94
318
$5.72
3.4
6.3%
Total
$2,370
8,287
$137.95
3.5
5.8%
This month’s spending not devoted to earning a signup bonus
Aside from the spending in the above chart, I spent under $300 on my Amex Gold card, and under $700 on my Amex Blue Business Plus card. That spending, as well as earning the signup bonus on my Amex Gold, increased my Membership Reward points by a little less than 80,000 points. Jenn spent a little over $2,700 on her Amex Business Gold card. Some of that spending was at 14x on dining, which was part of the referral bonus to get me to sign up for the Blue Business Plus. That $2,700 in spending earned over 15,000 points, so I would imagine a decent chunk of that was part of that bonus.
After all of that, we finished the month with 279,400 Membership Reward points, 233,000 Chase Ultimate Reward points, 81,200 Venture miles, 71,400 American Airlines miles, 39,300 Citi Thank You points, 34,900 Marriott Bonvoy points, 33,000 Wyndham points, 5,000 Delta miles, 2,300 Hyatt points, 1,800 United miles, and around $800 in cash back. Using the Points Guy’s valuations, these points are worth around $15,300 – not too shabby.
Once people learn that I save a lot of money on vacations by using miles and points, I often get asked “What credit card should I get?” The fact of the matter is that it depends on the type and location of the vacation. Where you want to go on vacation, when, and what style of vacation matters when deciding which card to choose.
Making a rational decision really matters when you’re making these plans because earning a bunch of points that are irrelevant to your plans can be extremely frustrating and counterproductive. Also, earning points in programs that require you to use more points than other programs means that you’re working harder than necessary to achieve your goals.
What about Spain?
Spain has been on our minds lately. Jenn and I have discussed going to Spain multiple times and we just haven’t pulled the trigger. We’ve discussed doing a beach vacation to the Canary Islands or a city trip to Madrid, but lately we’ve been discussing doing a week of a pilgrimage on the Camino de Santiago de Compostela. It hasn’t worked out for us yet, but those tapas are calling me and I’m going to make it happen at some point.
Economy Flights
I’m an economy flyer. It’s not that I don’t want to fly business or first class, it’s just not that important to me. I really treat flights as a means to an end – just get me there. Look, I’d love to be more comfortable, but right now I’m trying to get a family of four across an ocean, and I don’t really feel like draining my points balances to do it. I’m not saying I won’t fly business or first class in the future, but right now it’s just not something I’m thinking about.
17,000 point is the typical off-peak price. Iberia’s hub is Madrid.
Flying Blue
20,000 to 40,000 one-way
$100-$170
20,000 points is fairly normal, some sales go as low as 11,500 points. Hubs in Amsterdam and Paris.
Virgin Atlantic
12,000 to 40,000 one-way
$170-$180
High fees, but 12,000 points are fairly easy to find, flights are usually KLM, Air France or Delta flights
Avianca Lifemiles
20,000-30,000 one way
$20-$70 (+25 booking fee)
Low fees and reasonable redemption prices. Avianca is usually good for United flights. Not as frequently available as Flying Blue and Iberia.
American Airlines
20,000-35,000 one-way
$5-$25
Low fees and reasonable redemption prices. Some flights that route through London have high taxes.
United Airlines
30,000-40,000 one-way
$5-$15
Low fees and high redemption prices, always check Avianca first before booking a United flight.
Award availability and pricing varies wildly, these prices may not be available when you want to book a flight.
The biggest problem here is that just because pricing for award flights are good and available in certain programs right now doesn’t mean that they will be available and good later. That’s why it is best to have the ability to use points with a variety of programs. Using a credit card with the ability to transfer points to a multiple programs is a good way to help you have the most options when it’s time to redeem those points.
Airline Award Program Transfer Partners
Point Program
Citibank
Chase
Amex
Capital One
Wells Fargo
Bilt
Iberia (Avios)
1:1
1:1
1:1
1:1
1:1
1:1
Flying Blue
1:1
1:1
1:1
1:1
1:1
1:1
Virgin Atlantic
1:1
1:1
1:1
1:1
1:1
Avianca Lifemiles
1:1
1:1
1:1
1:1
1:1
American Airlines
United Airlines
1:1
1:1
Transferring points from Capital One to Iberia Avios requires another step of first transferring points from Capital One to British Airways Avios and then to Iberia Avios. Transferring Citi Thank You Points requires a transfer to Qatar Avios, then to British Airways Avios and then to Iberia Avios.
I prefer to fly non-stop, if at all possible, and Chicago is our closest major airport. Most of the non-stop flights from Chicago to Madrid are on Iberia. That’s going to be my first choice. All major programs transfer to Avios, but Citi and Capital One don’t transfer directly to Iberia Avios, they both require transferring to a different Avios program and then to Iberia. That could create other annoyances that I might not want to deal with.
KLM/Air France Flying Blue is another great option, because they have a lot of flights that leave Chicago and fly to Spain with layovers in either Amsterdam (on KLM) or through Paris (on Air France). Virgin Atlantic and Avianca Lifemiles are great, but for Spain they are mostly booking partner awards, so they won’t be operating any flights to Spain. Their availability is going to be dependent on whether another airline allows them to book their flights. In other words, I would check for availability, but I wouldn’t count on them.
American Airlines sometimes has some amazing prices, but they don’t have any transfer partners so you would need to have an American Airlines card to earn those points. United Airlines usually has fairly expensive award prices, but their taxes are low and availability is good. It’s nice to have United as a backup option.
Hotels in Spain
For most hotel groups, I typically don’t consider transfer partners. The reason for this is because the transfer rates don’t make up for the fact that the points aren’t worth much. Most programs with the exception of Hyatt just aren’t worth transferring points to from one of the major bank programs.
Hotel Loyalty Program Transfer Ratios
Citibank
Chase
Amex
Capital One
Wells Fargo
Bilt
Hyatt
1:1
1:1
IHG
1:1
1:1
Hilton
1:2
Choice
1:2
1:1
1:1
1:2
Marriott
1:1
1:1
1:1
Wyndham
1:1
1:1
Transfer ratios of points from major bank travel award programs to hotel loyalty programs. For example Citibank transfers 1:2 to Choice Privileges, meaning 1,000 Citi Thank You Points can be converted to 2,000 Choice Privileges points.
If you are looking at a program besides Hyatt, you’ll probably want to get a cobranded hotel credit card if you want to build up free nights and points. The list of those cards and the pros and cons of each of those cards is too exhaustive to get into in this post, but I do think its important to be thinking about those cobranded cards when considering programs other than Hyatt.
The reason why Hyatt is different, is because their points are worth more than other programs. According to the Points Guy, Hyatt points are worth 1.7 cents per point. By contrast, Wyndham is worth 1.1, Marriott Bonvoy is .85, Hilton is .6, Choice is .6 and IHG is .5 cents per point. For example, Chase Ultimate Rewards points transfer to Hyatt, Marriott and IHG at a 1:1 ratio. However, on average, you’ll spend more than three times as many Ultimate reward points booking an IHG hotel than a comparable Hyatt hotel when transferring Ultimate Reward points to those programs.
Hotels in Spanish Tourist Locations
Madrid
Balearic Islands
Barcelona
Canary Islands
Hyatt
6
35
3
11
IHG
14
5
9
8
Hilton
6
4
5
0
Choice
7
0
9
3
Marriott
23
11
17
6
Wyndham
2
0
0
3
Number of hotels in/near various locations in Spain. Counts are across all brands in a program’s portfolio.
When looking at Spain specifically, the good news is that Hyatt has a lot of hotels in Spain. They especially have a large all-inclusive hotel presence in the Balearic Islands, which is a huge hot spot for Europeans to enjoy a beach vacation. Marriott also has a large number of hotels in Spain. A lot of those are in Barcelona and Madrid, which would make them a good program to use if you were looking for a more urban trip.
Potential Strategies for Earning Points for a Trip to Spain
There are a million different ways to accomplish the goal of earning points and miles to go on a vacation to Spain. I think its helpful here to explain what I would do, and why I would do it in a certain way. It doesn’t necessarily mean that this would be the optimal strategy, but I think it’s indicative of how someone should approach it.
All-Inclusive couple’s beach vacation to Mallorca
There are numerous Hyatt All-Inclusive resorts in Mallorca. Of the ones that showed up on the search that I did, there are a number of Category A resorts (15,000 points normally, 12,000 for off-peak and 18,000 for peak) and the most expensive was the Secrets Mallorca which is a Category D resort (30,000 points normally, 25,000 for off-peak, 35,000 points peak).
The best bets for available flights to Mallorca for a low amount of points is probably going to be Iberia Airlines (Avios) or KLM/Air France (Flying Blue). You can move points from Citibank, Capital One, Chase, American Express, Wells Fargo or Bilt to Iberia or KLM/Air France. This means you have a lot of choices on which credit cards you might want to sign up for.
The good news here, is that there is overlap between acquiring points for Hyatt and acquiring points for those two airline programs. Both Bilt and Chase offer transfers to all of these programs. Bilt never really offers signup bonuses, which is a big negative in this case, but they do allow you to earn points paying for rent, which nobody else allows, so if you are a renter, the Bilt card is a no-brainer. However, regardless of whether the Bilt card makes sense in your case, you’ll still probably want to sign up for a Chase card that allows you to transfer Ultimate Reward points.
In order to unlock the ability to transfer any Ultimate Reward points to partner programs you will need one of these three cards:
Chase Sapphire Preferred ($95 annual fee, 3x on dining, 3x online groceries, 3x on streaming services, 2x on travel)
Ink Business Preferred ($95 annual fee, 3x on shipping, internet, phone, cable and travel)
The typical signup bonuses for these cards are 60,000 each for the Sapphire cards and 100,000 points for the Ink Business Preferred. Once you have signed up and earned the welcome offer bonus you can refer your spouse or significant other and earn a referral bonus while they also earn a signup bonus for themselves. Once you’ve done that, then it’s just a matter of filling in the gaps with either some other cards that earn Ultimate Reward points or by getting cobranded cards. Here are some examples:
Ink Business Cash ($0 annual fee, $750 cash back which can also be used as 75,000 Ultimate Reward points, 5x internet, cable, phone and office supply stores)
Ink Business Unlimited ($0 annual fee, $750 cash back which can be used as 75,000 Ultimate Reward points, 1.5x on everything)
Ink Business Premier ($195 annual fee, $1,000 cash back which can be used as 100,000 Ultimate Reward points, 2x on everything)
World of Hyatt ($95 annual fee, 30,000 Hyatt point bonus, category 1-4 free night certificate each year on anniversary date)
World of Hyatt Business ($199 annual fee, 60,000 Hyatt point bonus, up to $100 off stays each year)
Air France KLM World Elite Mastercard ($89 annual fee, 50,000 Flying Blue point bonus, 1.5x on everything)
I think it should be feasible to book a vacation like this for around 50,000 points round-trip per person in economy and if you wanted 6 nights in an all-inclusive, it could be another 90,000 to 180,000 points. That would mean the totals here would be 190,000 to 280,000 points. Just doing the minimum spend on two Chase Sapphire Preferred cards, with a referral bonus between spouses or significant others, would probably earn somewhere in the ballpark of 150,000 Ultimate Reward points, so it’s not too hard to pick a card or two that fills in the gaps here.
Family of four to Madrid for Spring Break
For this example, the information about the flights would basically be the same. You’ll probably find that Iberia or Air France/KLM will be the best programs to serve the Madrid Airport. From Chicago, you are likely to be able be able to book those round-trip economy flights for 50,000 points each (probably less if off peak). You would probably need to earn somewhere in the 200,000 point range just for the flights.
Instead of going with Chase as is in the first example, I would probably go with the Capital One Venture Card. Instead of a 60,000 point bonus, the Venture Card comes with a 75,000 point bonus. It also earns 2x on everything and has a 20,000 point referral bonus. Therefore, if you sign up for the Venture Card and refer your significant other and do the minimum spend, you will end up with a combined 186,000 points. An additional $7,000 in spending would get you to 200,000 points. If you need to transfer those points to Iberia, however, you will need to transfer them to British Airways Avios and then from British Airways Avios to Iberia Avios.
As far as lodging is concerned, European hotels typically don’t like to allow people to sleep four to a room so you would probably need to get two rooms. That’s not ideal, not only because it becomes twice the cost to get hotels, but also depending on the age of your kids, your sleeping arrangements might not be what your used to.
Personally, because of the two room problem, I would just get an Airbnb instead of a hotel. However, if you would like to stay at a hotel on points, I would probably be considering Marriott hotels. They have a lot of hotels in the Madrid area. In order to earn points/free nights for the stay I would go for the Marriott Bonvoy Boundless card. Most of the time they offer three free night certificates as a sign up bonus. However, it seems like about once a year they offer five free night certificates, so if you time it right and your significant other also signs up at the same time, you could end up with ten free night certificates, and that would get you five nights of two rooms per night.
Conclusion
For the most part, whenever you want to fly somewhere, looking first at an airline based in that area better is always a good choice. In this case Iberia is a perfect example. It’s hub is in Madrid and they have very good award prices to Madrid. Luckily for the points and miles hobbyist, you can pretty much transfer any of the major bank programs’ points and miles to Iberia Avios. The second best option is Air France/KLM Flying Blue which also transfers from every major program.
This gives an incredible amount of flexibility when deciding which credit cards to use, however, if you are also looking at Hyatt simultaneously, you probably want to go with a Chase credit card because it also transfers to Hyatt. I think Capital One is a better choice for the Family trip to Madrid, even with the extra headache of having to transfer the points through British Airways to Iberia. While I would do an Airbnb in Madrid, if you do actually want to split your family into two rooms at a hotel in Madrid, the Marriott Bonvoy Boundless card can be a great choice for racking up a lot of free nights quickly.
Whenever you are trying to determine the best credit card to sign up for to help out with the cost of vacation, it is always important to think about the desired destination first. Doing a little bit of analysis should help guide you to pick the right credit cards to help you get there. Once you’ve done that, it’s just a matter of executing your plan and enjoying your vacation.
I was having a conversation with some friends about travel when I made an off-handed comment “It’s probably cheaper to travel to Europe during Spring Break than to go to Florida.” As I started to defend my off-handed comment, I started to think, maybe I’m right. Okay, it’s probably not true if you’re paying full price for flights, but if you’re traveling on points, I think it might be absolutely true. As a matter of fact, I think it could be a tremendous savings, in addition to being a much more enjoyable experience.
I’m Kinda Done with Florida
We’ve taken multiple trips to the panhandle of Florida, as well as the coasts of Mississippi and Alabama. These trips were reachable by car in about 15 hours from our house in Iowa. These spots along the Gulf Coast weren’t necessarily my ideal vacation, but it was warm and the beaches are lovely. Frankly, we went there because we could do it in a week and it’s around 70 degrees in March along the Gulf Coast and it’s, I don’t know, negative 50 in Iowa, something like that?
However, everything that is located along the “Redneck Riviera” eventually just begins to look like a Waffle House and a t-shirt shop sitting on white sands. It’s true, Florida has some of the world’s most amazing beaches, but outside of that, I just don’t see the attraction. So whenever I would see the prices of an Airbnb, I would grimace and think, ‘but it’s just Florida’.
The main thing that was keeping us from doing something else was the cost of airfare. This is why we drove, and why we kept picking the Gulf Coast – because it was warm and close. Once we got into points and miles, the calculations changed, because we could fly cheaply. What I quickly realized, was that not only was Florida filled up during Spring Break, but so were vacation destinations in Mexico and the Caribbean.
What if we did something different, like Europe?
Destin Vs Barcelona
We’ve been to Destin, or at least near Destin a couple of times during spring break. It is probably one of the most sought after destinations for spring break and because of that the prices for vacation rentals are extremely high. Spring break is peak season for Destin, but for Barcelona it’s off-peak. Both of these locations are prized tourist destinations, but since Europe doesn’t really celebrate spring break like the US, prices are a bit lower than normal. The cost of the vacation rental makes a huge difference in the analysis here.
In the past, before we started to collect/use points and miles, we would’ve looked at the price of a flight to Barcelona in March and laughed. A quick check on Google Flights shows that we could get our family of four to Barcelona from Chicago for about $2,750 total, which is actually a really good price, but not really what we want to spend for spring break. Even with points and miles, the cost of just the fuel surcharges and taxes on round trip flights for four to Barcelona is over $1,000, but that savings does make it more palatable.
If we used our old method of spring breaking, we would just drive to Destin, which eliminates the need for a rental car, or public transportation pass. The cost, in the example below, is the cost of fuel for approximately 1,000 miles each way and 500 miles while in Destin. Assuming 25 miles per gallon and $3 per gallon for fuel, then the cost of transportation is $300. If we flew to Destin, we would have to rent a car which is $645 (midsized sedan for a week on Expedia), plus $60 for fuel.
I used a $200 budget in Davenport, Iowa (my hometown) as the basis for the cost of groceries in both Destin and Barcelona and compared them to Davenport using Numbeo. According to Numbeo.com, both are less expensive than Davenport for groceries, but Barcelona is considerably cheaper. The cost for meals was calculated as one inexpensive meal for four people daily, using the inexpensive meal price listed on Numbeo for each city. Barcelona was again cheaper for dining out.
The cost for public transportation was the cost of four public transportation passes for the amount of time that we would be in the city. The cost for the flights was determined by a search using Pointsyeah.com.
For the price of the Airbnbs, I picked the timeframe, zoomed the map into the area that I was looking at and filtered by minimum of 3 beds, 2 bathrooms. I then counted the number of available properties and chose the one that was priced at the 25 percentile. I picked the 25th percentile, because I think that accurately reflects “I’m cheap, but I have standards.”
Using this method shows how expensive Florida is during spring break. The 25th percentile property for a week during spring break in Destin was $4,388! Good lord. In Barcelona, which is notoriously expensive for Spain, it was $2,410. When all that gets added up, Barcelona ends up being more than $1,000 cheaper than driving to Destin. That’s kind of crazy, right?
Driving to Destin
Flying to Destin
Flying to Barcelona
Airfare (Using Points/Miles)
$0
$45 (and 84,000 American Airlines Miles)
$1064 (and 136,000 Avios)
Car Rental
$0
$645
$0
Fuel for Car
$300
$60
$0
Public Transportation
$0
$0
$183
Airbnb rental
$4,388
$4,388
$2,410
Dinners
$504
$504
$452
Groceries
$152
$152
$129
Total
$5,392
$5,842 (&88K AA Miles)
$4,279 (& 136K Avios)
Example is for a family of four renting an Airbnb at the 25th percentile in the area for 6 nights, with 3 bedrooms and 2 bathrooms. Car rental is cheapest midsized sedan using Expedia. Assuming 500 miles of driving while at location and 1,000 miles each way to drive to Destin for driving example. $3 per gallon assumed for price of fuel and 25 mpg fuel efficiency for car. Numbeo.com used for cost of dinners and groceries.
Miami Beach vs Tenerife
One of my complaints about going to the Destin area during spring break was that it’s just not hot enough, so lets pick warmer destinations then Destin and Barcelona and compare Playa de las Americas, on the Island of Tenerife in the Canary Islands, Spain with Miami Beach. Both are major beach destinations and both are pretty warm in March.
Using the same resources (Numbeo for Restaurants and groceries prices, Airbnb website for vacation rental prices and Expedia for midsized car rentals) we see that once again it’s cheaper to go to Europe (using points), in this case the Canary Islands. Again the biggest driver for this is the cost of the vacation rental. Once you are able to shrink the cost of the flights by using points, everything else just is cheaper in the Canary Islands, especially since it’s off-peak.
On top of that, since it is off-peak, you probably won’t be sitting on a crowded beach or struggling to get table at a restaurant for dinner. Considering how much cheaper it is to do a vacation rental in Tenerife, I would argue that it’s competitive even if you had to pay full fare for the flight, and you wouldn’t have to deal with drunk college students at the beach.
Driving to Miami
Flying to Miami
Flying to Tenerife
Airfare (Using Points/Miles)
$0
$44 (and 82K AA miles)
$1140 (and 196K Avios)
Car Rental
$0
$325
$408
Fuel for Car
$396
$60
$112
Public Transportation
$0
$0
$0
Airbnb rental
$4,276
$4,276
$1,307
Dinners
$700
$700
$336
Groceries
$206
$206
$36
Total
$5,578
$5,611 (& 82K AA Miles)
$3,339 (& 196K Avios)
Example is for a family of four renting an Airbnb at the 25th percentile in the area for 6 nights, with 3 bedrooms and 2 bathrooms. Car rental is cheapest midsized sedan using Expedia. Assuming 500 miles of driving while at location and 1,400 miles each way to drive to Miami Beach for driving example. $3 per gallon assumed for price of fuel and 25 mpg fuel efficiency for car for Florida and a little less than $6 per gallon for Tenerife. Numbeo.com used for cost of dinners and groceries.
Scottsdale Arizona Vs Split Croatia
What about a couple of places that are a little more quirky for spring break? Scottsdale Arizona is an interesting place to visit at that time of year, especially if you’re a baseball fan, because of Cactus League spring training that takes place every year. There is also some pretty good hiking within a reasonable drive.
Split Croatia is becoming a destination that people are starting to wake up to. It’s got great architecture, culture, and food, but it also has a mountainous coastline that dips into the crystal clear waters of the Adriatic sea. It’s an absolutely gorgeous city that I cannot wait to visit someday.
Using the same resources (Numbeo for Restaurants and groceries prices, Airbnb website for vacation rental prices and Expedia for midsized car rentals) it turns out to be much cheaper to go to Split than Scottsdale. Again the main driver is the cost of the Airbnb, with the vacation rental being about a third of the cost in Croatia than in Scottsdale.
Driving to Scottsdale
Flying to Scottsdale
Flying to Split
Airfare (Using Points/Miles)
$0
$44 (& 68K AA miles)
$899 (& 240,000 Avianca Lifemiles)
Car Rental
$0
$411
$300
Fuel for Car
$420
$60
$120
Public Transportation
$0
$0
$0
Airbnb rental
$4,513
$4,513
$1,556
Dinners
$553
$553
$345
Groceries
$172
$172
$60
Total
$5,658
$5,753 (& 68K AA Miles)
$3,280 (& 240K Lifemiles)
Example is for a family of four renting an Airbnb at the 25th percentile in the area for 6 nights, with 3 bedrooms and 2 bathrooms. Car rental is cheapest midsized sedan using Expedia. Assuming 500 miles of driving while at location and 1,500 miles each way to drive to Scottsdale for driving example. $3 per gallon assumed for price of fuel and 25 mpg fuel efficiency for car in Scottsdale and $6 per gallon in Split. Numbeo.com used for cost of dinners and groceries.
Reality vs Example
The reality is that I’d never pay $4,500 for a week in vacation rental. I probably would’ve looked for a less desirable beach along the coast and found a much simpler place to stay. One of our kids is definitely sleeping on the couch. However, with the examples in Barcelona, Tenerife, and Split Croatia, there wasn’t any compromising. I could literally choose a great location and get a great price for a week in a vacation rental. Why? Because it’s off-peak, Europe doesn’t have a big spring break tradition like the US, and Americans don’t spring break in Europe very often.
Rethinking Spring Break
Spring break is a very important ritual for a lot of Americans, especially those of us who live in the Midwest, where winters are oppressive and people don’t leave their houses for months on end. That’s probably the reason why Florida and other warm destinations in the US get overrun by people just looking to escape the miserable, miserable winter.
However, taking a little time to think outside of the box could result in a vacation that you will remember for a lifetime, and the cost could be surprisingly inexpensive, especially if you are using points and miles. I mean, if you’d rather fight for sand space with a bunch of drunk teenagers in Miami instead of being in the Canary Islands, that’s fine, it’s just not for me anymore.
May was a pretty big month for us as far as points are concerned. We booked our return trip home from Rome and had a huge bonus hit from American Express. I’m thinking the flights back from Rome might be the last big redemption we have for the rest of the year, so I’m curious to see how our overall points totals increase as the year goes on.
Getting What We Wanted
We have been unbelievably indecisive about coming home from Rome. We will be meeting our friends and Jenn’s parents at Leonardo di Vinci airport in Rome in November and while it was very important that we all arrive at nearly the same time, leaving at the same time was not as important. We kept changing our minds about when we would fly out, and even if we would take a short trip to a different city and then fly home from there.
We finally decided that we were going to fly out of Rome on Sunday, which meant that we are both going to have to work the next day, jetlagged. We didn’t want to complicate things too much by having layovers, so we found a direct flight from United for 37,100 points and $60 a piece. We were able to use United’s new point pooling feature to combine 51,000 of Jenn’s Ultimate Reward points (transferred 1:1 to United) and 23,200 of my United Miles to book the flight.
Keep in mind, there was a Flying Blue award flight available from Rome to Chicago for 22,000 points and about $160 a piece. That’s a lot less points but that flight had a layover and with us having to work the next day, it really seemed worth it to get the non-stop United flight. This is a change for us, because in the past we would take the inconvenience to save points, but as we become more comfortable with our ability to replace those points, it becomes easier to part with them, especially if it will make our trip better.
Big Amex Bonuses Hit
Jenn signed up for the American Express Business Gold card when the sign up bonus was 130,000 points for spending $10,000 in 3 months, which is a hefty spend for us, but it was tax time, and generally we have to send Uncle Sam about $4,000 when we settle up so that made it a little easier. Tax time has a little less sting to it now that we’ve decided to use it as an opportunity to land a big signup bonus. Last year, we signed up for the Capital One Venture card and with one charge to the IRS landed over 83,000 points (75,000 points for the signup and 8,000 for the charge).
Jenn also used her Amex Business Gold card to refer me to the American Express Blue Business Plus which landed her a 20,000 point referral bonus and an additional 10x for dining for 3 months. The additional 10x shows up on the Amex website as a bonus and that was an additional 9,500 points for the month. So for the month, Jenn earned a whopping 159,500 Membership Rewards points from bonuses.
Amex Blue Business Plus
I knew at some point I was going to want the American Express Blue Business plus card. It doesn’t come with a big sexy bonus, in my case it’s 15,000 Membership Rewards points when you spend $3,000 over 3 months. However it’s a no annual fee card that earns 2x on everything, which gives me a way to at least get 2x on purchases in categories that are not in bonus categories.
By timing this with a referral offer from Amex that gave Jenn 20,000 points and an additional 10x on dining, she’s managed to already earn 29,500 membership rewards on this offer, with a couple more months of 10x dining left.
Having a no annual fee American Express card is nice to have since it’s a good way to stash these huge bonuses they offer for cards with large sign up bonuses. I’ll probably talk myself into applying for a Platinum card someday when they offer some ridiculously high sign up bonus but with a $695 annual fee, it’s hard to imagine I’ll keep the card too long. Knowing I can keep the points and drop the card is a pretty nice luxury.
On to the Points Check!
Card Used
Spend
Points Earned
Point Value
Points Per $
Return on Spend
Wyndham Business Earner
$727
3,856
$42.42
5.3
5.8%
Ink Cash
$683
3,395
$69.60
5.0
10.2%
Venture
$520
1,040
$19.24
2.0
3.7%
Total
$1,930
8,291
$131.25
4.3
6.8%
This month’s spending not devoted to earning a signup bonus
Almost all of our spending not devoted to earning a signup bonus has been reduced to just 3 cards now. Wyndham Business Earner is just for utilities and gas because it’s 5x on utilities and 8x at gas stations. Ink Cash is 5x on streaming services, phone bills (don’t get me started on our phone bill), and internet. We use the Venture card for trips to Costco (they don’t like American Express) and for our insane auto insurance bill. Getting an average return on those purchases of almost 7%? I’ll take it.
Outside of those charges, I spent a little less than $1,400 on my American Express Gold card and earned a little over 4,900 Membership Rewards points. Jenn spent $7,900 on her American Express Gold card and earned around 9,800 Membership Rewards points. That $7,900 sounds like a lot, but we not only ran our taxes through that card, but also our daughter’s taxes. Those tax bills were the lion’s share of that spending. They helped push her over the top on the required $10,000 in spending in 3 months necessary to earn the massive 130,000 point bonus, add to that a 20,000 point referral bonus and the 9,500 points from the 10x dining referral bonus and she hauled in a massive 169,000 membership reward points last month.
This left us with 230,300 Chase Ultimate Rewards points, 184,500 Amex Membership Rewards points, 78,600 Capital One Venture miles, 71,400 American Airlines miles, 38,900 Citi Thank You points, 34,800 Marriott Bonvoy points, 30,300 Wyndham points,10,300 Hyatt points, 5,100 Delta Skymiles, and 1,900 United miles as well as $790 in cash back. If you use the Points Guy’s valuations, the total value of all of those points and miles is almost $13,500
For years, Wells Fargo has been a boring bank for travel hackers. However, in the last year or so, Wells Fargo has been put the travel rewards industry on notice that they intend to compete for business in the points and miles space.
The difference is that they have added some transfer partners for their credit cards. This allows for users to redeem their rewards for value that is better than the normal cash back rate. They are also adding new credit cards to their lineup.
Why Choose the Signify Business Cash Card
There are 3 good reasons to choose the Signify Business Cash card:
$0 Annual Fee
2% Cash Back
$500 Signup offer
These are all pretty boring reasons, but they are important if you are planning to maximize return on your spending. 2% cash back seems pretty boring in the points and miles world, but it’s important because it allows you to get at least 2% in categories where there are no bonus categories. This is especially true if you have a business that has to purchase supplies or parts.
Having a 2% base is especially nice if you can use a different card for purchases in other bonus categories. For example, if you also had the Wells Fargo Autograph card, you could earn 3% on gas, groceries, transit, streaming services, and phone plans. Simply pairing these two cards, could allow you to get 3% on a lot of your expenses while earning 2% on everything else.
Also, having no annual fee allows you to not use it when you want and not worry about getting the most out of the card. If you decide you want to put it aside while you work on a new credit card signup bonus, you’re not going to worry that you’re getting your money’s worth on an annual fee. In that way, a 2% card with no annual fee becomes a solid, dependable card that you can use when you want and shove it to the back of your wallet when you don’t need it.
$500 Signup Bonus
The Signify Business Cash card is currently offering a $500 signup bonus when you spend $5,000 in the first 3 months. That’s a very strong signup bonus for a card with no annual fee. The best comparison to this card, in my opinion is the American Express Blue Business Cash card that earns 2% cash back, has no annual fee and is offering a $250 statement credit on $3,000 in spending in 3 months.
It’s Not Just a Cash Back Card – There are Transfer Partners!
This is where things get a little in the weeds. By itself, the Signify Business Cash card is strictly a 2% cash back card. However, as Frequent Miler points out in their review of the Signify card, if you have either the Wells Fargo Autograph card or the Wells Fargo Autograph Journey card along with the Signify card, you can convert the cash back to Wells Fargo Reward points at 1 cent per point.
This allows you to access Wells Fargo Transfer partners, including:
Aer Lingus Avios
British Airways Avios
Iberia Avios
Qatar Privilege Avios
Air France Flying Blue
KLM Flying Blue
Avianca Lifemiles
Choice Privileges
Having these transfer partners means that you can take advantage of some of the great deals these programs have. For example, if you wanted to fly round trip from Chicago to Madrid in March 2025, the cost of that flight, in economy, using Avios, is 34,000 Avios and $228.70 (that’s not a flash sale – it’s normal off-peak pricing using Iberia Avios). In terms of the Signify card, that is essentially $340 in cash back transferred to Wells Fargo Rewards points then to Iberia Avios and $228.70. So essentially for $568.70 in cash back, you can fly to Madrid and back. That’s a really good deal, especially if you factor in the $500 signup bonus.
These transfer partners make the Wells Fargo Signify card much stronger than just a 2% cash back card. The Points Guy values Wells Fargo Reward points at 1.6 cents per point, meaning if you use the cash back from the Signify card as points, you are really earning 3.2% back as travel rewards. That’s pretty good.
Wells Fargo Active Cash is the Personal Version of Signify Cash
The Wells Fargo Active Cash card is essentially the same thing as the Signify Cash card, except that it’s a personal card. It is a 2% cash back everywhere card with no annual fee. Like the Signify card you can pool your rewards together with an Autograph or Autograph Journey Card and accumulate all of the rewards as Wells Fargo Reward points and transfer those points to their transfer partners.
The main differences here is that the Active Cash is a personal card and that the signup bonus is much lower ($200 for spending $500 in 3 months)
I expect this to Get Even Better Over Time
The transfer partners that Wells Fargo have chosen to work with initially are really good choices, but it’s a pretty limited list. Flying Blue, Avios, and Avianca Lifemiles are all really good programs that cover a lot of needs for travelers on points and miles. However, that’s a pretty short list and I imagine that Wells Fargo is trying to add more transfer partners.
There are a few, like Air Canada Aeroplan and Emirates Skyward, that I think would be pretty easy for them to add. Some others, such as Alaska Air or American Airlines, would be amazing but I wouldn’t count on it. I would also love to see them add Hyatt, but I don’t think they will, although I would expect them to add at least one more hotel chain.
Wells Fargo Rewards Keeps Getting Better
Anything that Wells Fargo can add to their transfer partner list at this point will make Wells Fargo Reward points more valuable, and by extension, Wells Fargo credit cards. The Wells Fargo Autograph and the Wells Fargo Autograph Journey are already cards that do a great job of earning points with some really strong bonus categories.
Wells Fargo seems intent on making some cards that really appeal to the points and miles community. It looks like they definitely want to start aggressively taking some business away from Chase, American Express, Capital One and Citibank. With that in mind, and the fact that they’ve been offering transfer partners for less than a year, I expect that Wells Fargo will add new credit card offerings, and new transfer partners over time. This is absolutely a bank to keep your eyes on.
March was a pretty exciting month. We took a spring break trip to Costa Rica and had the opportunity to see just how beautiful that country is. We stayed in an Airbnb in the Central Valley near Grecia, which meant we were staying amongst the locals. That really gave us a more authentic taste of Costa Rica and was definitely not the normal touristy vacation.
We had to drive quite a bit to get to the locations that we wanted to visit, but in a week we managed to do hikes in a mountain pine forest and another by gorgeous waterfalls. We visited the only coffee farm owned by Starbucks. We also visited Poas Volcano as well as Playa Hermosa. Hey, any week you manage to visit the mountains, the beach and waterfalls in the same week is pretty good.
Costa Rica is a beautiful country and I would recommend it to anyone who is willing to go a little off the beaten path.
American Express Business Gold
Jenn applied for and was accepted for the American Express Business Gold. This is a card that we normally would ignore because of the higher annual fee and the higher required spend to earn the bonus on the card.
I have some mixed feelings about this card. The first issue for me is the $375 annual fee. We have, for the most part, gotten used to annual fees when they hand you a nice welcome bonus, but normally they have been less than $100 for us. That being said, this was an enormous 130,000 Membership Reward point bonus which The Points Guy values at 2 cents per point, so the bonus itself is worth $2,600. That definitely takes the sting out of the annual fee, especially if you plan to cancel before it renews.
The other negative here is that in order to receive this massive bonus, you must spend $10,000 in the first 3 months. That’s not easy for us, but with tax time coming and a pretty large tax bill, this shouldn’t be too hard. Making the most out of paying our taxes is becoming a annual tradition for us, last year we managed to profit $1,350 from paying our taxes.
The Amex Business Gold card earns 4x on some pretty good categories such as dining, gas and transit. It also offers 4x in some business categories such as advertising, electronics retailers, cloud system providers and cell phone service providers. In addition, it earns 3x on purchases through amextravel.com and 1x on all other purchases.
They have some monthly and annual credits, such as $155 refund for Walmart Plus membership and $20 per month for purchases at office supply stores, Grubhub, or FedEx. While I don’t think we’ll be signing up for Walmart Plus, Jenn has figured out that she can use that $20 per month by ordering takeout through Grubhub for some of our favorite restaurants so we will definitely be using those $20 Grubhub credits.
Ok, on the Points Check
Card Used
Spend
Points Earned
Point Value
Points Per $
Return on Spend
Ink Cash
$534
2,651
$54.35
5.0
10.2%
Capital One Venture
$519
1,038
$19.20
2.0
3.6%
Marriott Bonvoy
$421
2,105
$17.68
5.0
4.2%
Citibusiness AAdvantage
$347
347
$5.38
1.0
1.6%
Wyndham Business Earner
$124
814
$8.95
6.6
7.2%
Custom Cash
$49
244
$4.39
5
9.2%
Total
$1,994
7,199
$109.96
3.6
5.5%
This month’s spending not devoted to earning a signup bonus
We actually have 3 open cards where we are working on signup bonuses, which is a little crazy so the spend on cards without signup bonuses is pretty low this month. Most of the stuff in the chart above are set up as autopay for things like insurance, cell phones, utilities, etc. The Marriott Bonvoy charges are because we were earning 5x on groceries as a promo, and once again, somehow, we accidentally spent on the Citibusiness card at 1x which is a little frustrating. All in all, though, getting 5.5% back on non-bonus spend is fine by me.
In addition to the non-bonus spend, I spent $735 on my American Express Gold card and earned a little over 1,900 Membership Reward points. Jenn spent about $2,250 on her US Bank Business Connect card and earned $46 in cash back.
We didn’t earn any bonuses this month but I would imagine that those should start to hit over the next few months and they are some pretty big ones, with a $500 cash back bonus, a 75,000 Membership Reward bonus on my Amex Gold card, and the 130,000 Membership Reward bonus on Jenn’s Amex Business Gold card. I’m looking forward to seeing our point valuations balloon as these start to hit.
The only real redemption this month was that I used the cash back that I had earned last year to pay for the rental car and some of the gas while we were in Costa Rica.
Because we used some of our cash back, and we didn’t have any bonuses hit, we ended the month with a lower total value than the previous month. We ended the month with 260,300 Chase Ultimate Reward points, 115,200 American Airlines miles, 76,300 Capital One Venture miles, 38,800 Citi Thank You points, 34,000 Marriott Bonvoy points, 25,000 United miles, 10,000 Wyndham points, 6,900 Hyatt points, 5,000 Delta Miles, 1,900 Amex Membership Reward points and $183 in cash back. All of that, according to the valuations from The Points Guy, is worth around $10,300.
** On November 30, 2025, vacasa will end ITS partnership with Wyndham and this will no longer be available.**
The Vacasa/Wyndham partnership devalued again, for the second time in just 6 months. This is pretty annoying, because this partnership went under the radar for a while, and as people became aware of what a tremendous deal this was, they had to start dialing it back. Now after a second devaluation, the partnership is still pretty good but it’s just not the same fantastic deal it was before.
The original redemption rates for Wyndham points on Vacasa rentals was simple – 15,000 Wyndham points per bedroom, per night on any rental up to $500 per bedroom per night. In October of last year, they kept the same basic structure, but lowered the maximum redemption from $500 per bedroom per night to $350 per bedroom per night.
With the change made in October, it effectively made any rental that cost more than $350 per bedroom per night unrentable on points. The newest devaluation makes those properties rentable again, but means that any property that cost between $250-$500 per night per bedroom just got twice as expensive as it was prior to October 2023.
The new Vacasa/Wyndham redemption rates are essentially this: for any Vacasa vacation rental, it costs 15,000 Wyndham points per bedroom per night for any property that costs up to $250 per bedroom per night. For any property that costs $250-$500 per bedroom per night, that will cost 30,000 Wyndham points per bedroom per night. Any property that costs more that $500 per bedroom per night will be unavailable on points.
Example
Before Oct 2023
Oct 2023 – March 2024
After March 2024
1 Bedroom $200/Night
15,000 Pts/Night
15,000 Pts/Night
15,000 Pts/Night
1 Bedroom $300/Night
15,000 Pts/Night
15,000 Pts/Night
30,000 Pts/Night
1 Bedroom $400/Night
15,000 Pts/Night
Unavailable on Points
30,000 Pts/ Night
2 Bedroom $450/Night
30,000 Pts/Night
30,000 Pts/Night
30,000 Pts/Night
2 Bedroom $600/Night
30,000 Pts/Night
30,000 Pts/Night
60,000 Pts/Night
2 Bedroom $900/Night
30,000 Pts/Night
Unavailable on Points
60,000 Pts/Night
Effect of last 2 Vacasa/Wyndham devaluation on redemptions
These are All-In Prices
The $250 per bedroom per night price is the all-in price not the headline price on Vacasa’s website. They might show a headline price of $200 per night, for example, but for 5 nights it’s not going to be $1,000, it’s probably going to be closer to $1,400. This is because they charge a number of taxes and fees, which can get pretty extensive.
These fees can be state and local taxes, amenity fees, booking fees, damage waivers, etc. In my experience, these will probably cost an extra 30 to 50 percent on top of the rent itself.
I think we can all agree that fees are getting out of control as you can see below. I mean, damn, I know you have expenses and all but do you need to itemize them and make me pay one by one? Just tell me what the price is! I mean, I get it, you got an HOA, but you can include that in the price instead of charging me for an ‘Amenity Fee’? And what the hell is a ‘destination surcharge’?
How Many Properties Does This Actually Affect?
One of the bright spots about this devaluation has been that if you had a rental that you liked that normally cost $200 per bedroom per night, you have gone completely unaffected by this. There are a lot of quality vacation rentals that are under that $250 per bedroom per night range and they are the same as they ever were.
That being said, if you had your eye on a more expensive unit, you might be reevaluating your plans now.
Let’s look at the Destin Florida area for a 5 day rental in June to see the real life results of the devaluation. Let’s say you’re a family of 4 and you would prefer a 2 bedroom vacation rental, but would settle for a 1 bedroom if it had room for everyone to sleep.
The below examples are taking into account a 40% upcharge for taxes and fees. These fees vary by property, so some are higher and some are lower but in order for me to use the filters on Vacasa’s website for this chart, I had to make some assumptions.
Up to $250 per bedroom per night
$250 -$350 per bedroom per night
$350- $500 per bedroom per night
More than $500 per bedroom per night
1 Bedroom
25 (15,000 pts)
119 (30,000 pts)
129 (30,000 pts)
120
2 Bedrooms
323 (30,000 pts)
298 (60,000 pts)
94 (60,000 pts)
12
3 Bedroom
204 (45,000 pts)
86 (90,000 pts)
29 (90,000 pts)
4
Example availability of Vacasa vacation rentals with room for 4 near Destin for a random summer extended weekend.
The unicorn rental is if you can find a 1 bedroom with enough sleeping space for 4, that can be rented for 15,000 Wyndham points. In this example, prior to October 2023, there would have been 273 total 1 bedroom properties rentable for under $500 per night. When the first devaluation occurred and dropped the maximum price for redemption to $350 per night, that number dropped to 144. After the March 2024 devaluation, there are only 25 such properties left at the 15,000 point level. That’s only 9% of the original available properties at that rate.
Two bedroom properties fared a little better in the devaluation than the one bedroom properties. 94 were affected by the devaluation in October and another 298 were affected by the March devaluation. In this case 45% of the two bedroom properties in this example were unaffected by these devaluations.
The three bedroom properties fared the best with 204 of the total 319 properties for a total of 64% unaffected by the devaluation.
In general, the next time that I rent a Vacasa on points I’ll most likely be renting something that is 30,000 points per night, because the unicorn 15,000 point redemption is just going to be very hard to find now. It probably means that we will be looking for a two bedroom which will probably be more comfortable for us than a one bedroom, but twice the number of points is still a bit of a kick to the gut.
Elevated Signup Bonuses as a Consolation Prize
I don’t know if Wyndham did this at the same time as the most recent devaluation to soften the blow a little bit, but current signup bonuses for Wyndham credit cards are massive right now.
Wyndham is currently offering 100,000 point bonuses on their Wyndham Reward Earner Business card and their Wyndham Reward Earner Plus (Consumer) card. They are also offering a 75,000 point bonus on their Wyndham Earner card. All of those bonuses are the largest bonuses ever offered according to Frequent Miler.
The Wyndham Reward Earner Business card is one that we hold and continue to use. Jenn signed up for this one when the bonus was only 45,000 points. The reason we continue to use it is that it has some great point earning rates. It is 8x at gas stations and 5x on utilities. I put all of our gas and utilities on it for this reason. The full 100,000 point bonus for this card is after spending $15,000 on the card within 12 months.
If you really like those Wyndham points (which we do), the Wyndham Reward Earner (Consumer version) Card has some great earning categories too. It is 6x at gas stations, 4x on groceries and 4x on dining. It is also currently offering a 100,000 point bonus after a much lower $2,000 in spending within 6 months.
If you spend a lot on gas and you like vacation rentals, these cards can rack up points for those rentals in a hurry. In addition, all 3 of the Wyndham cards offer a 10% discount on award redemptions if you are a cardholder. This means that the example of a 1 bedroom Vacasa under $250 per night isn’t actually 15,000 points per night, it’s really 13,500 points per night for cardholders. The 100,000 point bonus alone would pay for a week at those rates.
Keep in mind that if you were to maximize these redemptions at a full $250 per night per bedroom, and you had one of these credit cards to reduce the redemption to 13,500 points, you would be redeeming those points at 1.85 cents per point. If you are earning 8x on all of your gas spending, you are essentially earning 14.8% back at gas stations. That’s pretty ridiculous.
Vacasa Still Remains the Best Way to Book a Vacation Rental on Points
Even with the rapid fire devaluations, Vacasa still remains the best way to book a vacation rental on points. Marriott has it’s Homes and Villas collection which does allow for booking vacation rentals using Bonvoy points, but the rates are much higher, and I would argue the points are harder to earn.
Sure, if you are a business traveler, you might be able to earn quite a lot of Bonvoy points by staying in Marriott hotels, so Homes and Villas might be pretty attractive for your family vacation. But, if you’re not a business traveler, the ability to earn a lot of points through spending on gas and utilities on the Business Earner card or by gas, groceries, and dining on the consumer Earner card is huge.
I’m still hoping that Hyatt, IHG, or Hilton can someday begin to make their points usable at VRBO or Airbnb, but I wouldn’t count on it. That being said, as long as Wyndham keeps the amount of points needed to book a rental low as well as allow easy earning of Wyndham points, it’s going to remain a fantastic deal. There is no doubt in my mind that the Vacasa/Wyndham partnership remains the best way to use points on vacation rentals.
I’ve only been into travel hacking for a couple of years, but I have been around long enough to know how much time can be spent trying to get a good deal on an award flight. When we were planning our first trip to Europe, United miles was the only way for us to go. It was the only program where we had accumulated enough points in order to book flights for the whole family to Europe. In some respects, that made it easier for me. Just search the United website and nothing else.
Even then, our dates were flexible and our destination was flexible to some extent. When I was checking for available award flights, I would have to make multiple searches based on different destination airports and different dates. Honestly, it didn’t take too long to do these searches, because it was all on one website, and I actually find United Airlines’s website to be pretty good.
However, as we started to venture into more transferable points, such as Capital One Venture miles and Chase Ultimate Reward points, it became much more difficult. Chase alone transfers to 11 airline programs and Capital One has 15 airline transfer partners. Even if you narrow it down to just a handful of programs that you want to check, repeating the steps that I took on United’s website on 4 or 5 other websites can get pretty annoying.
The Rise of Flight Award Search Tools
I must not have been the only person who found myself with this problem because recently there has been an explosion in the number of good online award search tools, often with very powerful and free searches. All of them have their pluses and minuses. They include:
Now, have I tried all of these websites and done a point by point comparison to determine exactly the best website to use? Hell no! I have tried a few of them, but once I started to use Pointsyeah.com I latched onto it pretty quickly. I’m a firm believer that once you’ve found a tool that works for you, there’s no sense in continuing to look for a better tool. If I have a screw to tighten and I’m holding a screwdriver that works, I don’t go run to Home Depot to see if they have a slightly better screwdriver with a better grip. I just tighten the screw and move on with my life. That being said, Pointsyeah.com is a hell of a tool.
Basic Award Searching
Let’s look at a scenario, where you want to visit a friend in Phoenix, and you have a little flexibility on date. You just enter into the search bar your departure airport and the arrival airport, and a date range of up to 4 days. When you click the ‘Yeah!’ button it will automatically search for awards across a variety of airline award programs.
In just a few seconds, you will be presented with the results. In this case, the best deal is with Spirit Airlines for 4,000 points and $5.60 for a one-way flight from Chicago to Phoenix.
The problem with that is, that I don’t have Spirit points, nor a desire to fly Spirit Airlines. Also, that flight is almost 15 hours with connections – no thank you. In this case, you can scroll down, or you can filter out results from Spirit Airlines altogether, since it’s not really an option.
At the top of the screen, you will see a series of buttons that are preset filters. I want to filter out the airlines programs that I know I don’t have points for or transfer partners for, in this case, Alaska Airlines and Spirit Airlines. All you have to do is uncheck the boxes and click ‘Apply’ and view the new results.
This gives you another set of results, the top one being this Delta Airlines flight. The results here pack a ton of useful information into one tiny area. First, you will notice that the flight costs 8,000 Delta Skymiles and $5.60 in taxes. Secondly, you notice right above the Skymiles total you see the number of American Express Membership Rewards that are needed to transfer those 8,000 points to Delta. There is also (not on every result, but on some) a cash price listed. This is awesome, because you might just look at this flight and say that it’s cheap enough that you don’t want to waste your Skymiles or Membership Rewards points on it, you’ll just pay cash. Lastly, you can click on the down arrow to the right to expand the box to give you details about the flight itself.
But, what if you just want a direct flight? Well just go back to the top bar where all of the filters are and simply click on ‘Stops’ and then click ‘Non-stop only’. This supports multiple filters, so you will be able to search for non-stop only with the airlines that you don’t want to see already turned off.
Once you do that, you will see a number of results that fit the newly narrowed search criteria that you entered into the filters.
What is left is a series of direct American Airlines flights from Chicago to Phoenix for 8,500 points and $5.60. Perfect, now you know what to look for and can log onto the American Airlines website, search for this flight and book it.
Daydream Explorer is Awesome
There is a new feature that PointsYeah has added recently called Daydream explorer which is like a candy store for travel junkies. Rather than searching for individual flights from airport to airport, Daydream Explorer allows you to search airport to region, region to region, airport to country, country to region, basically anything that you can think of. On top of that, it allows for super broad time ranges like a couple of months.
Imagine you’re thinking “I’d like to go to Central or South America in April” – you can search for that and just see what comes up. Let’s say you’re local airport is MSP and you want to go south in April. Just search for MSP to Central or South America from April 1st to April 30th and abracadabra a list of potential flights you could take and their prices pop up.
You will get a bunch of random results that you can sort by price, date or last update. This will allow you to browse a whole bunch of different ideas for taking a trip to Central or South America. You can also use the filters at the top to look for deals with certain airline programs or bank programs. You can even filter by number of stops or set a maximum that you’re willing to pay for taxes and surcharges.
If you’re thinking that you would like to go from New York to Spain in May in business class, just put in that criteria and search again.
A group of results appear nearly instantaneously, allowing for the user to browse through and see if they find anything that they like. The results are so fast and the searches are so interesting that you can easily waste hours just window shopping potential vacations.
Let PointsYeah Send you Updates
PointsYeah also has a feature called Points Price Alert. This allows you to have PointsYeah send you an email when there is a flight available within the criteria that you set.
If I would like to get notified on a specific date if business class seats become available, I can set that criteria. In this case, I’m looking to book a flight home from Europe, and I know that Iberia does occasionally have business class flights available from Madrid to Chicago for 34,000 Avios, so I want to know if those seats become available on the day that I want to fly home. I simply put in the criteria that I’m looking for.
In this case, I want two seats, under 40,000 points and $200 in taxes and fees, per seat. I set that criteria and clicked create and now I will get an email if that Iberia business class award becomes available.
You are only allowed 4 flight alerts on a free account and each day counts as a flight alert. If you want to search this criteria but over a 4 day window, that would count as 4 searches.
Disclaimer
If you haven’t noticed, you will see on these searches that there is an updated date on these searches. The reason for this is because of how PointsYeah works.
What PointsYeah is doing is crawling the various airline websites and doing a ton of searches and saving the results. If they didn’t do this, these searches (especially the Daydream Explorer feature) would take forever because it would have to search each of those websites in real time and crunch that data (the websites would hate that as well, because it would create unnecessary traffic).
They are nice enough to let you know the last time that they searched those flights, because the older the search, the less likely it is to still exist, especially if it’s a particularly good deal. You always need to check the airlines website to see if the deals are still available. In other words, don’t transfer your Chase Ultimate Reward points to Flying Blue before you know that the flight you want to book is still available.
Free Vs Paid Account
Everything that I’ve talked about thus far is part of the free account. Why? Well I use a free account. I find it has all the features that I need right now and that’s just fine with me. However, if you want to have some additional features, you can pay for a subscription.
The main difference between the free and the paid memberships is that you can search for 8 days instead of 4 days on normal searches and you can set up as many as 24 alerts instead of the 4 that are available with the free version. The price of the paid membership is only around $8 per month, so if you find the additional alerts or the expanded date range useful, it might be worth the money.
Why I love PointsYeah
I always find it funny when people say they have a bucket list of places they want to go. The reason for that is that if I actually sat down and wrote a bucket list, it would be unbelievably long. I could probably think of at least 2 dozen places it Italy that would make that list. The biggest problem with a list like that is that the more I travel, the longer the list gets. As we visit places, we always hear about other places that we hadn’t heard of and that list just keeps growing.
What PointsYeah does for people like me, is to allow those of us with flexible places and dates, to dream a little better. Maybe you didn’t know that for 37,500 American Airlines miles and $44 you can fly from Chicago to New Zealand. Well you do now, and it only took a quick search to find out.
You might never have thought you could do that trip, but now you know whether it’s possible or not, and you did it without making multiple searches on multiple websites. Just one search gets it done. PointsYeah is an absolute gamechanger for me, I love it.
Well, it’s 2024 and Jenn has already managed to go on a trip to Playa Del Carmen without me (I’m not bitter at all). She had some fun soaking up the sun with her sister and her mom in a beachside condo rented through Vacasa. It sounds like a they had a great time, while I was busy installing a dishwasher and taking care of the kids (They are 15 and 18, taking care of them usually means nagging them and tossing food at them once in a while).
For me, it’s getting to be a little too long since I’ve been I’ve taken a trip. Jenn and I have gone on weekend trips to Nashville and Des Moines, which were both great, but they were barely able to scratch the itch. I really have been wanting to get out of the country again and experience something a little different. We have a trip booked for Costa Rica in March which I hope satiates me for a little while. I’m starting to really look forward to doing a little hiking and experiencing some of the food that I hear is so amazing there.
US Bank Business Altitude Connect Card
Is it just me or does every credit card have an unnecessarily long name? Anyway, Jenn signed up for the US Bank Business Altitude Connect Card in January. It has a $95 dollar annual fee, waived for the first year. It actually has some decent earning categories, with 5x on hotels and car rentals booked through the US Bank Rewards Center. It also earns 4x on airfare, hotels, gas and EV charging stations as well as 2x on dining, and cell phone services.
Unfortunately, US Bank “points” don’t transfer so they are essentially cash back valued at 1 cent per point. Because of that I would consider this a cash back card with 5x, 4x, and 2x categories. It currently has a 60,000 point ($600) sign up bonus after spending $6,000 in 180 days. It also comes with 4 annual Priority Pass visits per year. Priority Pass lounges aren’t the best lounges, but they sure beat sitting in the terminal, so I’m always excited to have lounge passes.
Jenn earns her AAdvantage Bonus
Jenn earned her 75,000 AAdvantage mile bonus by finishing the 6,000 spend on her Citibusiness AAdvantage Platinum Select card. That bumped us over 100,000 AAdvantage miles again, and I’m pretty happy about that.
We didn’t sign up for any American Airlines cards until recently because, frankly, there isn’t a transfer partner to American Airlines except Bilt, who doesn’t offer sign up bonuses. Having transfer partners means that if you are just a little short on miles to book a flight then you can transfer some points over and book it, but without transfer partners, you either have the points or not, there’s no way to get more.
However, American Airlines offers some pretty good redemption values out of our small home airport and that’s not something that is easy to come by. United flies out of here, but their award prices to fly out of small airports are terrible, so we have to drive to Chicago. Delta flies out of here as well, but their award prices are unpredictable at best.
Because they are a good option for flying out of our home airport, I would imagine that we will continue to try to earn AAdvantage miles whenever we get an opportunity. They also have a bunch of different credit cards, so I think that finding signup bonuses shouldn’t be too difficult.
Anyway, on to the Point Check!
We said we were going to slow down a little on opening new credit card accounts this year. Because of our 5/24 status (the number of cards opened in a 24 month period), we are essentially shut out of Capital One and Chase right now. Opening fewer cards over the course of this year should open us up to all available credit cards. That means that we need to do a good job of using bonus categories to maximize points earned. That being said only about a third of our spending went toward a bonus, which is too low.
Card Used
Spend
Points Earned
Point Value
Points Per $
Return on Spend
Capital One Venture
$724
1,417
$26.21
2.0
3.5%
Citi Custom Cash
$576
2,560
$46.08
4.4
8.2%
Ink Cash
$531
2,639
$54.10
5.0
10.2%
World of Hyatt
$517
1,398
$23.77
2.7
4.6%
Citibusiness AAdvantage
$481
482
$7.23
1.0
1.5%
Citi Premier
$372
802
$14.44
2.2
3.9%
Wyndham Business Earner
$141
810
$8.91
5.7
6.3%
Chase Sapphire
$133
134
$2.75
1.0
2.1%
Total
$3,475
10,242
$183.48
2.9
5.3%
This month’s spending not devoted to earning a signup bonus
I’m happy with the fact that we managed to be over 5% back on our normal (not toward a signup bonus) spending, but we are still making some mistakes. I put our insurance on the wrong card (I wanted it on the Venture card for 2x transferable miles) and forgot to switch our utilities to the Wyndham Business Earner card (which gets 5x for utilities). Jenn was using my Citibusiness card for groceries at 1x instead of hers which would have been working toward a bonus. Aside from the spending in the chart above, Jenn spent $1,685 on her Citibusiness AAdvantage card, earning her 1,685 AAdvantage miles and the 75,000 mile bonus.
That left us with a total of 294,400 Chase Ultimate Rewards points, 109,700 American Airlines miles, 89,800 Capital One Venture miles, 35,000 Citi Thank You points, 30,800 Marriott Bonvoy points, 24,900 United miles, 15,000 Delta miles, 6,900 Hyatt points, 6,200 Wyndham points, and $646 in cash back. Using the Points Guy valuations, all of that is worth $11,600.
Newby to Expert Traveler 