Buying groups: Big risks / big rewards | Ep223 | 10-7-23
Buying groups can be a highly effective way to increase credit card spend and earn big rewards, but they can also be a perilous path toward problems. Greg and Nick discuss what they are, why you might want to use them, and why they may not be right for you.
00:00 Intro
00:47 Giant Mailbag
08:30 Card Talk: Amex Business Gold card
20:37 What crazy thing . . . did Marriott phone reps do this week?
https://frequentmiler.com/marriott-rules-for-extending-free-nights/
25:48 Award Talk: Capital One "Move Rewards" is back
https://frequentmiler.com/huge-if-true-convert-capital-one-cash-back-to-miles-by-moving-rewards/
28:32 Award Talk: JetBlue status match update
https://frequentmiler.com/digging-into-jetblues-amazing-status-match-for-delta-elites/
31:07 Main Event: Buying groups: Big risks / big rewards
42:26 How buying groups operate
45:55 Some common risks
https://frequentmiler.com/a-buying-group-deal-gone-wrong/
58:30 Is it ethical?
1:12:34 Question of the Week: I got the Citi Premier card and forgot to meet the spending requirement, so I never received the bonus. If I close the card and apply new, would I be eligible for the bonus?
Music credit: Annie Yoder
More description
Buying groups can be a highly effective way to increase credit card spend and earn big rewards, but they can also be a perilous path toward problems. Greg and Nick discuss what they are, why you might want to use them, and why they may not be right for you.
00:00 Intro
00:47 Giant Mailbag
08:30 Card Talk: Amex Business Gold card
20:37 What crazy thing . . . did Marriott phone reps do this week?
https://frequentmiler.com/marriott-rules-for-extending-free-nights/
25:48 Award Talk: Capital One "Move Rewards" is back
https://frequentmiler.com/huge-if-true-convert-capital-one-cash-back-to-miles-by-moving-rewards/
28:32 Award Talk: JetBlue status match update
https://frequentmiler.com/digging-into-jetblues-amazing-status-match-for-delta-elites/
31:07 Main Event: Buying groups: Big risks / big rewards
42:26 How buying groups operate
45:55 Some common risks
https://frequentmiler.com/a-buying-group-deal-gone-wrong/
58:30 Is it ethical?
1:12:34 Question of the Week: I got the Citi Premier card and forgot to meet the spending requirement, so I never received the bonus. If I close the card and apply new, would I be eligible for the bonus?
Music credit: Annie Yoder
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