Reply to I read some people pay their mortgage and tuition with credit cards to get hotel points and air miles. How??

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We routinely put $60K in tuition on our Hilton Honors American Express Aspire card each year. This spend gets us 180,000 Hilton points plus two free night certificates for passing the $30K and $60K spending thresholds, which can be worth up to 200,000 points each at high-end resort properties.

Each year we use these two certificates plus the one that comes annually with the credit card to stay at the Grand Wailea Resort in Maui for three nights, which is typically $1000 per night with taxes and fees. Thus, we’re getting $3K in value.

The cc fees on the $60K at 2.85% are $1.7K. The annual fee for the Aspire Card is $550. The Aspire also comes with a $200 Hilton Resort Credit that is good every 6 months.

So, we’re incurring $2.3K to have and use the card for tuition, but getting a $200 resort credit, and a $3K resort stay in Maui. We’re already in the positive to the tune of $900.

This doesn’t even take into account the other $200 resort credit for a second resort stay later, the complementary Hilton Diamond status (which provides a $50/day F&B credit at the Grand Wailea), the 180,000 points on the spend (worth $900 easy), and the countless other perks.

This is such a no-brainer, you’re clearly dumb if you aren’t doing it. [/quote]

Of all the credit cards to put $60k of spend on, Hilton is not even in the top 10 of maximizing your value. Weird that you think it’s a “no-brainer.”[/quote]

Name the 10 cards that are better and provide quantitative spending examples that prove it. [/quote]

IYKYK. Do your own research. But there is a great big credit card world out there.[/quote]

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