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Travel Discussion
Reply to "How much for a weeklong vacation for a family of 4?"
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[quote=Anonymous]Shhhhhhhh….. don’t share the points secrets. Let them think we spend $500,000 a year on our credit card to get the free travel. More award availability for us! quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP again. Oof. Guess it's mostly staycations next year then.[/quote] Use credit card points for travel. Thats what we do.[/quote] I love how people always suggest this to budget travelers as if "just spend ludicrous amounts of money every year on your credit card!" is a viable option. A round trip ticket on AA without ridiculous restrictions that make them basically unusable is 40,000 points, or 160,000 for a family of four, so that's $160,000 on your AA credit card. Hilton Honors charges 45,000 points a night for anywhere you'd want to stay, so 2 rooms for 5 nights is 450,000 points or $150,000 spent on your credit card. Even with the intro bonuses for signing up for the credit card (50k for AA, 100k for Hilton, [b]which is obviously a one-time thing[/b]) you're still looking at $225,000 required spend. Exactly how many families struggling to pay for a vacation do you think have the ability to put $225,000 on their credit card every year? [/quote] Incorrect, although it’s easy to see why one might assume otherwise. Most you can get multiple times, you just have to know the rules.[/quote] Not PP but how?? [/quote] Not the PP who wrote that, but there are many ways to get multiple sign up bonuses. There are different cards which earn the same points- I think there are 4 different AA cards, for example, that you could hold all of them. Also you have 2 people to apply for cards if you are a couple. And there are waiting periods where you could get another bonus after a certain number of months/years after getting it in the past. But seriously the world of churning credit card bonuses is quite complicated, and something you shouldn't jump into without being willing to make a significant time/effort commitment.[/quote][/quote]
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