@@AskSebby thanks Sebastian, I have another question regards gaining status, I remember AA you can won your status, like executive platinum, if you travel so many miles in short period of time, do you know if that kind of challenge still active and how many companies you can do it . Thanks

Newbie here. Is it pretty common to get (or is it pretty easy to book) a business class leg at $900 worth of points? I understand YMMV but it common enough to hold onto 500k to 600k points until you can actually book?

I’m definitely considering right now. I want to be early next year for flight in the following year so deciding whether I should buy with the possibility to book in 8 months

@@deliverydoctor You would typically purchase points where you're looking to "top off" or already have redemption[s] in mind with appropriate availability. I will also say that Avianca also has sales like this somewhat frequently (at least twice per year from my experience, but sometimes 3 or 4 times per year). AP and LM have different availability for partner awards, so that's why I would typically look for redemptions I'm going to already make and purchase points if necessary, or if there's a different redemption with a competing alliance (like FlyingBlue, for example) so I want to keep my flexible CC points and the value of the points sale reflects elevated value over the cash difference, including fees for those award redemptions. I guess with all of that said, I typically go about points purchases considering the alliance those points are part of, their nominal purchase value compared to their cash price ticketing price and award availability. The more flexible and widely available the awards redemptions are with what you're looking for with a points program then the easier it is to really justify the points purchase and find value there.

about your first "bullet point": It doesn't mean you need $750k in cash sitting in an account. It's *assets*. Cash is obviously an asset (unless you think of it strictly in a financial opportunity cost lens, then it's a depreciable asset since cash doesn't keep up with inflation). However, properties are assets, stocks/SDIRAs are assets (which is why Sebby said Self-Directeds count towards assets), etc...If your business checking account is with them, and you're actually circulating money through it, that business relationship would help with you moving up through the tranches. What I'm curious about is if you have a business account with them, utilize their business CCs for that spend, but are leveraged through a different institution. Would be great if they could rate match or beat those existing financial mediums and bring those under one roof, with preferential rates with a stronger relationship. I imagine that is probably a greater possibility with the JPM PC and JPM PB service levels. If they go BoA style then that would be a very solid move for me since I wouldn't really consider other banks given the flexibility and award accumulation through the total relationship that would develop. About the second point: Is that wedding like 3 weeks long? WTF? The Third: United Miles are pretty much garbage saving for some partner redemptions. Otherwise, I generally avoid US carrier points systems like the plague since they offer so little in value it's truly pathetic why people even throw their earned/flown miles into those programs.

Never as long as you have a transaction within 18 months.

@@hockey1freak thanks

Not all FRB customers, but that is the kind of service we received.

@@calisteve2023 I never once heard hold music when I banked with FRB.

Doubtful prob have to cancel and rebook

Depends on how it codes. I think Amex frowns on buying miles like they do for gift cards. Might be against rules for earning but I don't recall.

nope. the vendor who processes the transaction is AE PTS, not air canada. Amex did not recognize that as air travel. no 5x for me. so i put additional add-ons on my hyatt card instead.

Dont hold your breath. The Emerald Card will be a branded CSR Card for Chase Private Clients with a few extra perks.

amex platinum for ANA/Star Alliance would be best bet (if you're thinking of Asia). If it's Europe then maybe leverage UR points unless you dedicate the UR to Hyatt awards and the availability is there. Europe is way easier to find decent deals than Asia with UR points. Europe is accessible through basically any transferable card with FlyingBlue and the Avios family. Asia is a little harder, but the ANA redemption is by far the best for Asia. Next would be Virgin Atlantic, but good luck finding the availability. Next up would be, again, Avios family. Also, to maximize the amount of flights vs quality of flights, go economy rather than Premium or J/F for your flights. All of this just depends upon your travel goals: get there in style or go to as many places as possible as cheaply as possible.

Maybe! We'll have to wait and see.

I dont think so. I think the "Emerald Card" is just going to be a branded CSR card for Chase Private Clients.

@@calisteve2023 yeah makes sense to cater to that specific group. I just think it’s wild to go from a CSR and then the only thing above that is the JPMR but needing $10M in assets 😂

They don't for any cards. They code as business transactions.

10mil

@@TeslaRoadtrips Yes, but they are "flexible"

Perhaps turn down the volume? I don't even know what you're talking about.

United and Delta have horrible mile redemption better to use the portal on those

United barely opens domestic redemptions for Star Ailliance partners now. Even if they did you'd want to use 10k Turkish for economy, 15k for business and 20k for first class domestics. Not aeroplan.

@@hockey1freak For domestic: 1st is TK, 2nd is LM, 3rd is AP. I haven't checked ANA but do they even do US domestic partner flights? At least, that's my roster and the order in which I tend to proceed. You'll want to check availability among the 3, regardless, as they all aren't symmetrical.

@@ryanshannon6963Please spell out the complete word instead of acronym

Have an old qualified FRB account or have $750k+ in assets.

@AskSebby it's not opened to clients yet is it? The current alternative is the 1M at schwab for the mesely 200 bucks Amex plat credit

I have an account with Chase and it is not a wonderful experience. I tried to sell a bond today and the system was “not available” 😮 I am getting ready to move to Schwab.

@@patienceisalpha It is available via JPMorgan Wealth Partners/ Advisors.

@@patienceisalpha they are still working on onboarding FRB clients. its a huge mess

Capital One Venture, Venture X, Blue Business Plus, Citi double cash

No financial advice here 🤐

CSR for travel + credits + lounge + intro bonus. Citi if you're buying tons of gas specifically at Costco and you want that case of water or rotisserie chicken intro bonus. CSR calculator here: www.asksebby.com/credit-card-reviews/chase-sapphire-reserve-calculator

@AskSebby ty Sebby! Still one of the best channels our there!!

Costco gives money back through purchases and Citi gives money back. Costco travel has wonderful offers!

I saw a 250 last month. I just checked again and they had me at initially 150, then bumped to 200k when I left and returned a few minutes later. May try card match after I close on this deal to see if I can hit the 250k again. Well, I need to go with Amex Gold Business first, then Bus. Plat to maximize the SUB with amex.

🙌

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Almost! 🙌