How We Saved $10,000 on a Vacation to Europe by Travel Hacking (

Рет қаралды 179,141

6 жыл бұрын

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Video Description: Within this last year, we saved $10,000 on a vacation to Europe by travel hacking! In the past twelve months, we've traveled (for FREE) to Spain, Italy, France, Hawaii, Thailand, and Bali - all for FREE from travel hacking. This video shows how you can travel hack, too! We break down travel hacking with credit card rewards points, into eight simple steps. Please remember to like our videos and subscribe to our channel - Our Rich Journey!
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▸▸▸Check out some of our other videos!
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#TravelHacking #TravelRewards #CreditCardBonusPoints #TravelPoints

Пікірлер: 284

@OurRichJourney Жыл бұрын

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@billl6087 3 жыл бұрын

I just came from the "How We Save More Than $30K a Year - Things We Don't Buy" video and he is wearing the shirt that was pointed out in that video in this video. DEAD. Much support!

@geaninaschiopu5911 3 жыл бұрын

@@poweredman yeah same for me.here i do watch them but i realised is not really for Eu this things.. i am from Romania and still folllow this guys i am so intrested in the topic...

@DaydreamerSunseeker 3 жыл бұрын

Working my way through every video, starting at the very beginning. Love following your journey, it's so inspiring.

@nashondala 5 ай бұрын

Lol me too! I’ve seen some videos here and there now I’m going to watch from the beginning!

@Charito29NP 4 жыл бұрын

This was your first video?! You guys are naturals. Thanks again! This is our new project-to travel hack. Thank you guys so much, you’ve helped us a lot. Wishing you all the best in life. Wish I could repay you.

@squeegeeman2000 4 жыл бұрын

I used to wheel and deal travel cards. Family of six and we all love to travel. So much we took the next step: my wife went to work for as a flight attendant. The freebies and discounts are definitely worth it as long as I’m pulling the real money in. After 10-15 years, travel privileges become lifelong. One extreme travel hack I’ve seen is a married couple both resign their teaching positions when their pensions kicked in and spend a couple of years working part time jobs simultaneously at a hotel chain, car rental agency, and the airlines. Take all three down and it’s time to travel super cheap. I don’t need miles for my day trip to Montana this weekend or my two day ski trip in Colorado next week. I did buy an IKON season pass last week using the Fidelity Visa and put the 2% cash back straight into an index fund.

@dudecafe 3 жыл бұрын

hey there @Mike McMullough truly no drop in credit score to just be opening and closing credit cards all the time? or course assuming they're paid off every month.

@DaraAbasute 5 жыл бұрын

Thanks for sharing! Please do a case study video of the steps you actually took to save $10,000 and which cards you applied for, their limits, how you redeemed your bonus to book travel, etc. Thank you!

@OurRichJourney 5 жыл бұрын

Great video request! Stay tuned....Thank you!

@pragadeeshsureshbabu8682 5 жыл бұрын

@@OurRichJourney Yes please do! Cant wait to watch that video.

@quentece 4 жыл бұрын

This is exactly what I need!!!

@tamoriemayweather 5 жыл бұрын

Love this video. Looking into doing this to fund a trip for fall. Thanks for the tips!

@OurRichJourney 5 жыл бұрын

Thank you! So glad you found the info useful. Please come back and tell us about your trip too :-)

@gaijinbb3227 6 жыл бұрын

These are great tips that I plan to put to good use. Thanks for sharing, and keep the vids coming!

@OurRichJourney 6 жыл бұрын

Great! We would love to hear how your travels go! More videos to come - we're posting two times every week. BTW, if you're interested in doing more than just traveling abroad (i.e., living and working abroad), we're posting out next video on that this week!

@ebonywaru160 2 жыл бұрын

Starting at day 1 ... and have been around watching every day since! So much awesome content

@OurRichJourney 3 жыл бұрын

📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal

@JamesSPham 5 жыл бұрын

Amazing content! Please keep it up. It will help so many people!

@OurRichJourney 5 жыл бұрын

James - such a kind comment! Thank you so much!!! :)

@charitymoore3515 4 жыл бұрын

Thank you!!!! I love to travel. That’s were all my money goes. I needed this information.

@TomlynAdvisors 4 жыл бұрын

You two are AWESOME ! ! ! Your videos are simply EXCELLENT and what everyone needs to know for successful investing. Keep up the GREAT WORK and have a HAPPY RETIREMENT ! ! !

@BucketListTravellers 3 жыл бұрын

We've heard about travel hacking but have never really investigated it for ourselves. Sound like it's definitely something worth looking into! Good point about making sure you pay off your balance in full each time. Discipline is key!

@Tyler-ie9rq 3 жыл бұрын

Love you guys so much ! thanks for sharing your knowledge, I have learnt so much from your videos : )

@charlenelaguer7072 4 жыл бұрын

Hmm, I never knew about this travel hacking skill and process until now. Thanks so much for all your input, knowledge, and experience on this subject. I'm going to begin to implement this into my life as well and see where it all takes me!!! Thanks so much for this valuable video!!! Keep on posting!!!

@i-chiulucero9647 5 жыл бұрын

So happy to find your channel! Your videos bring the KZfaq channels up to next level. How brilliant your family is.

@OurRichJourney 5 жыл бұрын

I LUCERO - So happy you found our channel, too!!! Thank you so much for the incredibly kind comment!!!

@GlenJHB 4 жыл бұрын

You have the luckiest kids in the world! I only traveled out of my home country in my twenties

@Simoneirie 6 жыл бұрын

Very good video. Thanks for sharing!

@OurRichJourney 6 жыл бұрын

Appreciate the love! We'll keep the info coming.

@BodarkZulu 3 жыл бұрын

Thanks for this content. Much love to you guys on this journey.

@OurRichJourney 3 жыл бұрын

Thank you Bodark Zulu!

@SyreetaKing 2 жыл бұрын

The fact that I have been watching your channel since 2019 and I never came across this video until today is amazing. I love this video

@OurRichJourney 2 жыл бұрын

Haha! You would have had to go way back to see this video!!! :) We have other travel hacking/travel rewards videos! It's such an amazing way to get free flights and hotels!

@SyreetaKing 2 жыл бұрын

@@OurRichJourney Yes I plan to watch more and do my research. Thank you so much for sharing.

@marisamartinez6573 3 жыл бұрын

Love these videos! My husband and I became completely debt free at age 24, and I talk about that on my new KZfaq channel. But we’re really not AGAINST debt, like most people in the debt-free community. I think this is a genius and responsible way to leverage debt! Great video!

@wandasworldhaircarejourney5788 Жыл бұрын

Thank You For This Video I’ve been Wondering How To Do This

@BodarkZulu 2 жыл бұрын

Thanks for this video. You guys are awesome.

@cindiqq2292 3 жыл бұрын

Didn’t know that closing a credit card will also decrease credit score. Thanks KZfaq for recommending. I will be watch more of your videos.

@adlzag1290 4 жыл бұрын

Guys great video! But I couldn't find the site that tracks all the credit cards in your description. Can you share please? Thank you!

@OurKitchenClassroom 6 жыл бұрын

Thanks for taking the time to share this valuable information!

@OurRichJourney 6 жыл бұрын

It is our pleasure. We enjoy talking about travel and especially ways to afford more travel. As a family of four, travel hacking has allowed us to see the world and still save for early retirement. Thank you!

@OurRichJourney 5 жыл бұрын

Check out some of our other videos! ▸▸▸Travel Hacking a Free Luxury Vacation to Singapore: Step by Step Guide: kzfaq.info/get/bejne/aNSKmrubur6olac.html ▸▸▸How We Save 70% of Our Income - Financial Independence Journey: kzfaq.info/get/bejne/f7hpeqletqypoZc.html ▸▸▸Family Lives Rent Free for Ten Years: kzfaq.info/get/bejne/qKuhZLhmkqivlGQ.html ▸▸▸We Made $7,000-$10,000/Mo. Hosting on AirBnB | Our Tips for Successful AirBnB Hosting: kzfaq.info/get/bejne/Y7mfZayGrq6slWQ.html ▸▸▸SIDE HUSTLES | Speed Up Your Journey to Financial Independence: kzfaq.info/get/bejne/qZdmdseWzrKlZJs.html ▸▸▸Best Vanguard ETFs (Exchange Traded Funds) for Financial Independence: kzfaq.info/get/bejne/Zst9ZM2Ku5bOXZ8.html

@monkinaminkproductions4466 6 жыл бұрын

This is great, I actually just started this and was a little iffy, but i'm happy to see it can really work! Thanks !

@OurRichJourney 6 жыл бұрын

Great to hear you started! Flying for free is the best way to travel! :)

@israelmaccabee2309 4 жыл бұрын

Thank you !!!!!!

@lovernedwards5888 4 жыл бұрын

Thank you so much...

@archanajoga 4 жыл бұрын

Please provide the link you guys were talking about in the video that shows the status of different credit cards. Thank you for sharing these ideas!! They are very helpful!!

@marasedano1241 5 жыл бұрын

Hi guys!! Thank you very much for your video. I will make a plan following your advice to travel abroad with my whole family in order to assist to the marriage of my oldest son at the end of 2019-beginning of 2020. Keep it up!! 💕💕💕

@OurRichJourney 5 жыл бұрын

That is awesome! Please le us know how your trips goes. And Congrats on the wedding. Sounds very exciting :)

@marasedano1241 5 жыл бұрын

Thank you very much for your wishes! I have a question. I took a look at some credit card but they have high annual fees so I don’t understand how you can save and get points and in the other hand you have to pay $450 or $550 in annual fees. I’ll appreciate any clarification! Thanks again. You are awesome and I your girls are so cute and wonderful! 💕💕

@ronlee7912 4 жыл бұрын

Very informative video! Thanks to both of you for posting! If anyone else is reading this, check out the resources that they posted in their video description, as it also references some good books on amazon to click & check out, along with some other fantastic videos of theirs. I'm really happy that I've subscribed to this channel.

@may0524ish 4 жыл бұрын

Thanks so much for the video. ! I am passionate about traveling and will be moving to Europe in 4 years. I'm so glad I found you both! How long do you keep these credit cards, because some of them have a high yearly charge.

@trenderoscoaching 5 жыл бұрын

In this video you mentioned linking to a website that provides up to date information on credit cards and their bonuses. I'm not seeing that in the show notes. Could you provide that link?

@OurRichJourney 5 жыл бұрын

Thanks for the question but we didnt provide a link to any one site for credit card sign-ups. But check out travelmiles101. They have good offers. Also a site called the "pointsguys". Hope that helps.

@LIVdaBrand 5 жыл бұрын

It makes sense!

@OurRichJourney 5 жыл бұрын

Thank you!

@JEMYSTICAL 3 жыл бұрын

She is a natural beauty! So refreshing to see🙂

@crharty 4 жыл бұрын

Looking for the link you mentioned to the website that keeps track of all current summaries of credit card bonuses and what they offer at up to date moments.

@MindMoneyBalance 5 жыл бұрын

Good work you guys! I took a luxurious free trip to Europe with my partner in 2016 using travel hacking and am gearing up for another one in a few months!

@becarebeca2156 5 жыл бұрын

👏👏goals

@OurRichJourney 5 жыл бұрын

Beca Rebeca Thank you so much 😊

@yaklemac9716 6 жыл бұрын

Amon, this video is hella cool brotha! I was wondering how you guys were able to swing those trips back to back yo!! 😂🤣 I was like amon is balling lol. Thank you. Gonna watch you other vids as well folks!

@OurRichJourney 6 жыл бұрын

Lol. Thanks for subscribing. We're going to keep the hacks coming!

@rodsalvador3608 3 жыл бұрын

Credit cards are fantastic when used correctly. All the zero percent offers have allowed us to finance things like remodels and vacations, basically for a small fee.

@me-lg1yw 4 жыл бұрын

I've seen this video before but it just came up since during Auto Play. I can't believe this was your 1st video, which was just over 2 years ago. It feels like I've "known" you for longer than 2 years. I was traveling around Portugal when you posted this originally and now you live there. I love your videos but must say that your girls' videos are more entertaining. Ha ha.

@frndsforever0103 4 жыл бұрын

Okayyyyyyy.. I do a lot of Travel Hacking and I have like 22 credit cards with a credit score more than 800. Few things which you need to remember, 1. When you are applying for credit, banks will check history of EXACTLY 90 days. If you need multiple credit cards, you open 3 different browsers and apply in all 3 of them simultaneously (I have done that). If you need more apply exactly at 91th day, you will get more cards. PLEASE use your credit cards as debit card, that means you have to pay on time always. If your credit score is bad, then you wont get anything. I did this to collect points around 1.5 - 2 years back. (Dave Ramsey will kill me for this advice :P ) 2. On your credit history, 2 things are very important. Are paying on time and how much credit Utilization there is. What I do is I pay 98% of all the bills on my credit card BEFORE due date. When bill is generated, utilization is always 2 or lower percentage. For example, very first CC I applied I got credit of 10k , I bought tickets to travel to my home town, bill for that month was around 3-4k, I had money in my savings and I thought I will pay after bill is generated. However, it is a red flag for computers, for them you are utilizing 30% of your credit, doesnt matter if you have money in your savings/checkings account. I saw a dip of 35 points on my credit score. Keep your utilization low by paying before due date. 3. I use 1 CC for daily use. Which CC to pick is important. Some gives you points, some gives you cash. I used capital one card for a long time, it was giving 2% points but when you redeem them, it is only at 1%. I moved to BOA travels card, due to preferred status I get bonus cash backs from them. These cash backs are collected separately, I will use them when I go for travel next. Online shopping cash back is 3%, which we are doing a lot these days. I haven't searched for a card in more than a year, there might be good deals. Your everyday shopping card does helps a lot for travel expenses. I have around 1500$ worth of points in Capital one and around 700$ in BOA. This is just from every day use of CC over months. They do add up. 4. You credit scores will take hit when you apply for cards. Open a free account with creditkarma and monitor your credit history. In 1 year if you are traveling twice then you can apply for 1 and ask your gf/bf/spouse/partner/friend to apply for 2nd. If you are going to buy a home, do not apply for credits card at all for 1 year before you purchase. Use credit card wisely, I am good with budgeting/accounting/numbers. I remember each and every transactions on all of my credit cards. I missed 1 payment on my wife's credit card in last 6 years and that is coz she didn't forward me the statement when it was generated :). She is not a detailed person as me, so I put all her credit cards on auto pay. I login to both of our checking accounts regularly and keep an eye if there isnt any fraudulent transactions. Finally Christina & Amon, thanks a lot for your investing videos. I am learning a lot from you both. I will take your course as well in next few weeks.

@vesnanunez7734 5 жыл бұрын

Are there a lot of restrictions, generally speaking, with how you can apply the bonus points earned for travel- does the CC company dictate what airline, what dates, etc or does it allow for a lot of flexibility? This is seriously awesome and I appreciate you sharing it!

@OurRichJourney 5 жыл бұрын

Vesna Nunez - It depends upon the cards that you sign up for. We've used cards that are really flexible and that have allowed us to travel all around the world. If you know where you want to travel ahead of time, it helps when you identify what cards to get. Happy travels - thanks for watching! :)

@jgtv6269 5 жыл бұрын

What cards did u use for miles?

@meaganbrettle6000 4 жыл бұрын

Thank you!! Super helpful. Although would you mind confirming/clarifying if and how the credit card points/rewards covered all your expenses like food, and activities. I'm thinking you got enough in cash back? Thanks!

@weirdnomad8868 3 жыл бұрын

When you use a credit card you spend 12%-18% more. Most travel hackers advocate having multiple cards. It's so easy for those credit card balances to get away from you. I stopped using my credit card and I noticed I was spending a lot less than I used to. It was subtle things, instead of being Sprite I'd buy the store brand I stopped buying desserts when I went out to eat. Most miles have blackout dates and are hard to redeem.

@caroldanderson6781 5 жыл бұрын

Would you kindly share the link where you can find all of the credit card sign-on bonus summary? Thank you!

@yellowsocksification 4 жыл бұрын

Yup!!

@nicc8230 3 жыл бұрын

So after the 90 days assuming you met the requirements how soon are the perks/bonuses usually available? And do you wait until after you travel or as soon as you get booking confirmation to cancel? Do you ever cancel a card then reapply for the same card after a few years?

@goddessdepanama7431 3 жыл бұрын

Loving these tips! Could you guys post a video on travel hacking in 2021?

@OurRichJourney 3 жыл бұрын

Thanks for the video suggestion!

@janewang6952 3 жыл бұрын

@@OurRichJourney could you please provide more information about how to manage those credit cards? Such as how long to keep them, how to deal with the annual fee. Thanks

@belizat 3 жыл бұрын

How long should you wait till you do a rinse and repeat. Do you simply cancel the card after using the miles? Is their a minimum time you need to keep the card to redeem the miles/points? Do you need to use the miles before canceling?

@carmelabalos4714 3 жыл бұрын

When you say “Start all over again” do you apply for the same cards or find other cards to apply for?

@JEMYSTICAL 3 жыл бұрын

First of all 👋 hello from Orlando FL to both of you. 2nd Congratulations! Your such a possitive force of info & knowledge. Question ? Can the CC be utilized for paying rent, utility bills & car note durring these offers to qualify for travel mile points or Accomodations/ lodging? Will it still qualify as an equal spending/ Purchasing requirement? say $3k in 3 months as per the CC offer rules? BTW your videos are very helpful and Chuck full of much needed info. How can I ever repay you both? We by Disney.. 😊 Say hello to you new subby. Jem

@BJ-kv4zg 5 жыл бұрын

Wow, you all are travel hacking experts! Unfortunately, being single and frugal, I don't spend close to what the card company's require. BUT, my boyfriend is a Delta pilot, so there's that! :)

@OurRichJourney 5 жыл бұрын

Thank you!

@FillingTheGap1 4 жыл бұрын

Dude... well now I know how I'm going to pay to get to a friends wedding in Cambodia. Thank you.

@ceciliakunxu1248 4 жыл бұрын

I am glad I found your channel. when do you close those credit cards? or do you keep them all? are you able to re open the credit cards after a while?

@janewang6952 3 жыл бұрын

That is my questions too, some cards have high annual fee. Hope they can answer the questions.

@JLitodiaz 3 жыл бұрын

Amazing video guys. Super motivating.

@77Tadams 5 жыл бұрын

I was wondering how bad it will hurt your credit by opening another card. We did the chase sapphire card and amassed 2300.00 and just booked our flight to Zurich Switzerland for this coming summer and haven't had the card a year yet. So would you suggest starting another card for the bonus points to have that same amount for next year with a different card? I want to do this but I don't want to ruin my credit score...it is 780ish right now. Love your channel btw.

@OurRichJourney 5 жыл бұрын

From our experience each additional card we received dropped our score by 5 points for about a month. Then the score recovered. Cancelling the card was also a small hit but again it recovered. What was most interesting was our scores actually went up significantly more since we started travel/credit card hacking. And this is because of our utilization rate. The additional cards increased our available credit but since we pay of the cards each month in full, we show 0% utilization. And utilization accounts for 30% of your score. At such a low utilization, our scores have gone from the high 700s to low 800s. You mention you've amassed 2300.00. We hope you are paying that off in full before the statement closing date. If you don't pay the cards in full you end up paying interest and having a high utilization rate which costs money and hurts your score. That would defeat the value of travel hacking. Regarding, another card, I can tell you we have a plan for how many cards we need to sign up for to meet our travel goals. What are your goals? Since we travel a lot and we usually have one new card always going until we meet the minimum spend to get the bonus. Then we move on to the next card. Hope that helps. For more information on credit utilization check out our video on increasing your credit score: kzfaq.info/get/bejne/ncdnhdZ00MCdaGg.html

@alexee9125 4 жыл бұрын

I’m trying to find which is the Amex that you used for flight would you refer me to it. Thanks 😊

@XiangGaoo 3 жыл бұрын

I found a job that allows traveling after work. I have traveled to 15 countries in Europe and Asia. Of course, the company paid the round trip air ticket and the majority of the hotel expense.

@michaelleiva9705 4 жыл бұрын

Hey where is the link for the summary of credit card bonuses!? For the points cards offer! Thanks! :)

@everlyplaton1931 4 жыл бұрын

hi thank you so much for this, how do you do rinse and repeat for credit cards? take care

@julie07erin23 5 жыл бұрын

I love you guys so much already! Lol I did this for a trip to Vegas by opening a chase credit card and it paid for most of my expenses. I tried getting another travel card the other day and my boyfriend (with good intentions) told me to not open another card since I had just opened an amazon one. How do you know when you have opened up too many credit cards for this hacking purpose?

@OurRichJourney 5 жыл бұрын

Great question! We've very disciplined with opening cards. Only opening them when we have a specific trip to hack. We also pay them in full every month. And once we use the points we usually close the card to limit the amount of cards we have open. We have a core set of cards we've kept for a long time to insure we maintain a long credit history. We've found that opening the cards dings your credit by a 5 points or so. But after the increase available credit boost our scores even more. So opening a lot of cards doesn't harm us if you pay them in full and before the statement closing date. Check out this video to see why we say this: kzfaq.info/get/bejne/ncdnhdZ00MCdaGiM.htmlou can open too many cards though if you don't have the spending in your budget to meet the minimum spend to get the sign-up bonus. Remember the hack is all about getting the initial sign-up bonus. That is where you get the biggest bang. You can also open too many cards if you find you have more points then you can use and your point expire. This is the case with some bonus points. You must use them in 12 to 18 months. Hope that helps :-)P.S. Check out our travel videos to see how we've obtained and strategically used our points. Here is our trip to Singapore over the summer: kzfaq.info/get/bejne/aNSKmrubur6olac.html

@danag812 3 жыл бұрын

@@OurRichJourney Here in Canada it seems a lot of the cards that offer sign up mile bonuses come wits a $150 annual fee. Do you know what would happen if you closed out your card before the "due date" for that fee? Hopefully this q makes sense! Thanks!

@niefiazupancic3063 4 жыл бұрын

So after you are awarded the points - do you cancel the card before getting hit with the annual fee or down grade it to a no fee by the same company - if you cancel the card - what happens to the points if you haven’t used them?

@ellierami1268 3 жыл бұрын

what if we just used one credit card? for example, that delta one you guys mentioned. you’d still get points just slower right?

@jillbeekman9514 3 жыл бұрын

what is the link for the best credit card deals right now?? thanks!

@mynaturalneeds 4 жыл бұрын

Your right estimating normal monthly spending is something we should all do even if they dont travel! Nothing worse then looking at your wallet wondering where your money went so fast

@emmanuelonwughara9919 2 жыл бұрын

Lol

@TheLaly37 3 жыл бұрын

I am from Europe, this system seem to work in the UK and US where credit cards are common. In the Netherlands where I live credit cards are rarely used and for sure do not give you bonuses. Such a shame, i love traveling 🥺

@freezedriedfridays Жыл бұрын

Where's the link for the credit cards website that keeps track of the best ones for our individual goals?

@joshuabucky9085 5 жыл бұрын

Is it just me or does she look like Megan markle

@OurRichJourney 5 жыл бұрын

OMG! Christina cant stop smiling. Someone made that comparison the other day and she was so happy. Now this! LOL. Thank you!

@ginasmith9641 5 жыл бұрын

She's beautiful

@melaniesebestyen3706 4 жыл бұрын

Absolutely, she do :)

@marierika2012 4 жыл бұрын

Smart and beautiful! Thank you guys for all the good advice!! 😄😄

@megumisofficial 4 жыл бұрын

Joshua Bucky I was thinking the same!!

@elmoney4348 3 жыл бұрын

Hey guys. Quick question. Wheres the link for the site for up to date sign on bonuses?

@jkarpieszuk 4 жыл бұрын

Ok I understand the concept but I have a question. Where do you transfer the rewards such as airline miles or hotel points as you are churning credit cards? Example... I open delta Amex, I get the 70k miles in the spending time.... I receive the reward. I’m closing the credit card and reapplying for another delta Amex to receive the 70k. How do I combine the miles? TIA. Great video. Side question, I was always under the impression that opening and closing credit cards is discouraged as it hurts your credit. Was that a myth? TIA

@mariosaltlife 4 жыл бұрын

Really great channel. Could you please suggest what are the best credit card that we could get in order to obtain good deals?

@emmanuelonwughara9919 2 жыл бұрын

Please I can't see the link to websites that keeps track of all bonus type summaries.... pls where is the link...??

@9thoct 3 жыл бұрын

What’s the link to the site you mention in the video with the current best offers for cards and bonuses?

@liz9082 4 жыл бұрын

Any tips given COVID 19? (I.e. travel dates and cost )?

@lycry 4 жыл бұрын

Hello. please help. Can this be done in Europe? i live in Belgium.

@doubik2 3 жыл бұрын

I'm not seeing the link to the website that has the current credit card bonuses. this seems like a critical step in the process. :-(

@marissavargas80 Жыл бұрын

What do we do with the credit cards once we are done traveling? Close it, cut or keep open?

@swn69 3 жыл бұрын

842 - take THAT!!

@sheryl9114 3 жыл бұрын

Where is the link to the website for the credit cards list? I can't find it 😓

@ryancoladonato3045 2 жыл бұрын

What about the annual dues of say $99/year. You mentioned you opened 9 CC’s in 12 months how many of those cards had annual fees?

@dainercindyvillalobos5557 3 жыл бұрын

Where is the link for the CC’s bonuses tracker ?

@reginaldfernandez4089 3 жыл бұрын

What are your thoughts on investing in dividends?

@annettemcguire2068 4 жыл бұрын

What's the website to compare credit cards for travel hacking?

@erickagunn-hill9568 4 жыл бұрын

Question? Do you actually close these cards out or just stop using them when you open another?

@Mister_Mass 4 жыл бұрын

If the card doesn't offer any other benefit outside of the sign up bonus then you should stop using it. You can shut it down closer to when the annual fee is due (if applicable), that way you still have the benefit of the increased available credit.

@shaknbake1212 4 жыл бұрын

@@Mister_Mass Do you have to use the points before canceling or is there a way to transfer them somewhere else before closing the card?

@Mister_Mass 4 жыл бұрын

@@shaknbake1212 You can transfer them to an airline or hotel partner before closing the card obviously. The cool thing is that wherever you transfer your points to, you can keep transferring them from airline to airline. For example, you can transfer your Chase UR points to JetBlue, then to Alaska Airlines if Chase doesn't partner with Alaska.

@youstinaaziz730 5 жыл бұрын

Great video!! Thank you! One question: did you guys cancel these credit cards after get your points out of them? Or did you keep them open and active?

@yellowsocksification 4 жыл бұрын

Bump!! I have the same question

@markalexander592 4 жыл бұрын

Youstina Aziz any thoughts?

@LifeAcademyOakland 4 жыл бұрын

@@markalexander592 I would cancel them if they have an annual fee and keep them open if they do not.

@Mister_Mass 4 жыл бұрын

Depends on what other benefit the card offers once you've used the sign up bonus. Also depends on whether it has an annual fee. For example I have the Chase Freedom Unlimited ($200 sign-up bonus and 1.5 per dollar spent). My household spends $5k/month outside of mortgage. If I just charged all our expenses on that one card the whole year that's about 90k Chase ultimate reward points (worth about a little over a grand in travel) by doing absolutely nothing!

@folasuyirichardson6001 5 жыл бұрын

Hey, do you ever close any of your cards? I’m always troubled on if I should close any of my cards.

@OurRichJourney 5 жыл бұрын

It really depends on the cards. But most we do close so that we can get the same bonus 24 months later. We keep the cards that we've had forever in order to maintain our credit history but if a card has an annual fee and no good benefits beyond the bonus then we will close.

@ginasmith9641 5 жыл бұрын

Advisors recommend not closing cards. Keep the older ones...

@se7enzee444 5 жыл бұрын

If you can downgrade to a no annual fee, you do that. If you can't, you close it after 1 year.

@lotiyoga6813 3 жыл бұрын

What about the taxes and charges you have to pay for flights, even when using points? Is there a way to cover those costs too?

@melindad7541 3 жыл бұрын

When using points for flights w/my Southwest card, I pay $11 in taxes. That’s it.

@Onix64 4 жыл бұрын

Mmm sounds good but the tricky part is that you will need to spend more than 3K dollars to get those points, that’s a lot!! Because of you’re doing fire you don’t spend a lot.

@legacywealthsecrets5503 4 жыл бұрын

What's the website that tracks the credit cards?

@sctt5071 Жыл бұрын

When you rinse and repeat, do you cancel an old card?

@user-hc8li3qn3d 3 жыл бұрын

Does Delta credit card charge for annual fee? I really need to visit Texas lol 😆 thanks 😊

@phredbookley183 4 жыл бұрын

The next question is: What happens when you hit 'the end'? Like, say CreditCardX gives you the 70,000 miles. Well, you got the card, you got the miles...then, the card is 'useless' to you now right? How many times can you do this until you get stuck?

@MrGarciaR23 5 жыл бұрын

Great. Video! Just one question. When I finish paying off the card in 3 months and then rinse and repeat would there be other new cards available besides the ones I've choose already? What if the same ones are still there would I be able to reapply for the same ones?

@OurRichJourney 5 жыл бұрын

Great question! Most cards allow you to re-apply and get the same bonus after 24 months. All the Chase cards allow this. Some allow you to apply after a year or less. And other the bonus is once in a lifetime. Check with the card company. Our plan has cards on cycle. There are a lot of cards with bonuses so you'll have plenty of options.

@MrGarciaR23 5 жыл бұрын

@@OurRichJourney thank you for getting back to me. Great channel!

@MrGarciaR23 5 жыл бұрын

@@OurRichJourney one more question if you guys dont mind. Is there a way to pay my mortgage with credit card? My bank dosent allow it but is there a way around it? I tried western union but they dont take credit as well. Thanks in advance!

@yellowsocksification 4 жыл бұрын

What do you do with the credit cards when u used all the points? Do you cancel them?

@Franciny903010 3 жыл бұрын

I have the same question. Isn’t it bad to close a credit card?

@naomicameron1033 4 жыл бұрын

Hi There! Thanks for these great videos! When you say "rinse and repeat" for credit card churn, do you mean that we should close out a travel rewards card before going to get another? Also, do inactive credit cards negatively impact your credit score?

@AskChevelle 4 жыл бұрын

They wrote this to another comment a year ago. Hope that it answers your question. From our experience each additional card we received dropped our score by 5 points for about a month. Then the score recovered. Cancelling the card was also a small hit but again it recovered. What was most interesting was our scores actually went up significantly more since we started travel/credit card hacking. And this is because of our utilization rate. The additional cards increased our available credit but since we pay of the cards each month in full, we show 0% utilization. And utilization accounts for 30% of your score. At such a low utilization, our scores have gone from the high 700s to low 800s. You mention you've amassed 2300.00. We hope you are paying that off in full before the statement closing date. If you don't pay the cards in full you end up paying interest and having a high utilization rate which costs money and hurts your score. That would defeat the value of travel hacking. Regarding, another card, I can tell you we have a plan for how many cards we need to sign up for to meet our travel goals. What are your goals? Since we travel a lot and we usually have one new card always going until we meet the minimum spend to get the bonus. Then we move on to the next card. Hope that helps. For more information on credit utilization check out our video on increasing your credit score: kzfaq.info/get/bejne/ncdnhdZ00MCdaGg.html

@adaml2763 4 жыл бұрын

ChevelleSellsHomes uu

@Justchantel 4 жыл бұрын

Hey do you have any advice for appealing a denied credit card app.? I applied for an Airlines rewards card to get the promo miles and was denied because of debt:income ratio. My credit score is 746 and my only debt is student loans. I have no consumer debt and a 100% on time payment history. Surprisingly and fortunately my score only took a 1 point hit from the inquiry.

@sternfan8831 4 жыл бұрын

The most important issue, you did not address: How much do you make and how much are your student loans?