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Analysis of Credit Cards for Travel Hacking

Analysis of Credit Cards for Travel Hacking

Old Feb 22, 13, 1:59 pm
  #1  
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Analysis of Credit Cards for Travel Hacking

Interesting article/research done on the benefits of cashback vs miles/points credit cards.

http://www.tnooz.com/2013/02/21/news...velers-report/

I think most of what is written is probably discussed or intimated here already. But good to have a singular place with calculations.

Full report can be found here:
http://www.ideaworkscompany.com/wp-c...Generosity.pdf

Last edited by luv2ctheworld; Feb 22, 13 at 2:13 pm
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Old Feb 22, 13, 2:43 pm
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Thanks for posting it, but I take an issue with the "Hacking" part. If anything, it might be helpful to your average consumers who don't know better to begin with--hackers, not so much. All these calculations didn't elicit much more than a chuckle out of me, and I'm not even hardcore like some folks here.
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Old Feb 22, 13, 3:39 pm
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A lot of things left out of the equations in that article, to the extent that it's worthless.
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Old Feb 23, 13, 4:36 am
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Originally Posted by mnscout
Thanks for posting it, but I take an issue with the "Hacking" part. .
+1. I strongly object to the term hacking. Making the best use of credit card bonuses and awards is not the same thing as breaking into someone else's account.
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Old Feb 23, 13, 5:25 am
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This study is seriously flawed; of all the American Express cards to consider he picked the blue sky? and of course he picked CSP for chase .. its like comparing apples to oranges.
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Old Feb 23, 13, 9:02 am
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For the average consumer, it's interesting that the Chase AARP card wasn't mentioned.

Although I'm no where near being old enough to be in AARP, it offers 3% cash back on travel.

"3% cash back on travel purchases including flights, hotels, car rentals, and cruises"
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Old Feb 23, 13, 9:09 am
  #7  
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Originally Posted by mnscout
Thanks for posting it, but I take an issue with the "Hacking" part.
I agree that there is nothing "hacking" like in what FTers do to maximize bonuses.

By the way, best card is one that is giving a big bonus right now.
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Old Feb 23, 13, 9:16 am
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Originally Posted by JerryFF
+1. I strongly object to the term hacking. Making the best use of credit card bonuses and awards is not the same thing as breaking into someone else's account.
You share a common misconception that hacking means "illegal."
It doesn't.
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Old Feb 23, 13, 9:18 am
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Originally Posted by biggestbopper
I agree that there is nothing "hacking" like in what FTers do to maximize bonuses.

By the way, best card is one that is giving a big bonus right now.
+1 !!!!!
1,2,3% back on a $1000 flight? Or earn $400 or $500 on a signup bonus? Yes, please!

I now find myself actively looking for a big bonus before I make an major purchase.
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Old Feb 23, 13, 1:56 pm
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True, these days "hacking" is just a noise word that has no meaning. Why then continue to use the stale, tired term?

For older people "hacking" may always carry the odor of something fishy. For young people the term is simply stale and means nothing. In either case, it's way past it's sell-by date.

There is nothing cool, fresh, or interesting about hacking, travel hacking, or any other weary variation of the word.



Originally Posted by kellrobinson
You share a common misconception that hacking means "illegal."
It doesn't.
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Old May 24, 15, 6:58 am
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Originally Posted by chrisj500
For the average consumer, it's interesting that the Chase AARP card wasn't mentioned.

Although I'm no where near being old enough to be in AARP, it offers 3% cash back on travel.

"3% cash back on travel purchases including flights, hotels, car rentals, and cruises"
The 3% back from AARP really is fantastic. With Amex Business, you can only pick one of these categories once per year. I also don't like the idea of carrying around AARP anything, though.
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