6 Hard Truths About Miles & Points

13 Comments
  1. Garry

    Such a great article. So many of the bloggers are all rainbows and unicorns, I think many of them forget what its like to start out and like to make out how easy it all is so they can get the referral bonuses rolling in.
    This "game" is not for everyone and it can be hard work, you have to be prepared to invest some time, sometimes some money and definitely be willing to do some work to get the most out of it.
    I totally agree with "BG", you are by far the best Canadian blogger on the subject and one of the best anywhere on the net.

  2. Linda

    Great post. Linda

  3. Brian

    Hi Ricky:

    My understanding is that you need to have good bonuses and signup and cancel. However, I don’t see that many good cards in the market. Maybe Alaska but Amex has really downgraded their benefits. Are there cards you would recommend and am I missing something?

    1. Ricky YVR

      At this moment I’d recommend the RBC Avion (25K Avion, $0 first year), the CIBC Aerogold for Business (30K Aeroplan, $0 first year), the Amex Gold via Perkopolis (25K MR, $0 first year), the Amex Platinum (60K MR, $299 effective first year), plus the MBNA Alaska like you said.

      You’re right that the Amex offers aren’t as good as they were earlier in the year, but even the Amex Biz Gold still presents good value at its $250 fee (it’s easy to get $800+ of value out of the 40K bonus points). Things are also cyclical in this game, and with the impending changes to SPG/Marriott and Air Canada/Aeroplan, we’re in a bit of transition period. I’ve been around the block a few times to know that better offers are coming our way soon.

      And this is all not mentioning stuff like US credit cards and MS, which are great ways to boost your points balances. There’s lots to keep you busy.

      Cheers
      Ricky

      1. Brian

        Hi Ricky:

        thanks for the suggestions. BTW, do you know if there are rebate sites for US credit cards (like GCR)?

        1. Ricky YVR

          Not that I know of, although I haven’t looked into this too much. Perhaps some of the US sites may be of help.

  4. Jian

    Very, very good post, Ricky! This is the first post I have seen in such an objective way to describe points game! Nowadays, an increasing number of bloggers tend to exaggerate the reward of this game but ignore the negative side, perhaps due to some "reasons". Meanwhile, mariad new practitioners tend to follow those bloggers without further consideration.

    1. Ricky YVR

      Yep, it’s the way this blogging niche works (including this website), after all. There just needs to be a recognition that every First Class flight or amazing hotel suite is the result of meticulous planning and strategizing. Don’t get me wrong – it’s worth every minute of the behind-the-scenes work – but nevertheless it needs to be done.

  5. Maryse

    WoW. First post I’ve read about the « behind the scene » and you are so right. YES effort has to be done and Lots of reading either from Anglophone or Francophone bloggers. Thank you very much for your blog

  6. BG

    Great article! I agree that lifestyle is much harder to achieve than simply collect/cancel/repeat/luxury. Really enjoy your articles. In my opinion, you are the best Canadian blogger on miles/points. Hope you will keep us updated and let me know how to support your blog.

    1. Ricky YVR

      Thanks BG! If you want to support the blog – keep reading, spreading the word, and come to meetups! 🙂

  7. Ben

    Great points about organization. I use excel to track cards and I list them in order of due date so I have some semblance of order. One trick I might start implementing is having every card pre-auth pay out of a single chequing account. This would take away a lot of the tedious excel tracking.

    1. Ricky YVR

      Great shout Ben. I’m personally averse to pre-authorized payments because I tend to obsessively look over every transaction, but it has led to cutting it a bit close a few times when paying the bill.

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