PSA: Travel is Dead…Or Is it? – The Driftr Podcast Season 2, Episode 11

Posted By : Brian Fontenot/ 2943 0

On PSA: Travel is Dead…Or Is it? Season 2 Episode 11 of the Driftr Podcast, we discuss an in-depth review of a Credit Card State of Emergency during our Cards and Points segment, took a trip to the beautiful location of Quito, Ecuador and discuss our thoughts on State of Travel in 2019.

 

 

On PSA: Travel is Dead…Or Is it? Season 2 Episode 11 of the Driftr Podcast, we discuss an in-depth review of a Credit Card State of Emergency during our Cards and Points segment, took a trip to the beautiful location of Quito, Ecuador and discuss our thoughts on State of Travel in 2019.

Cards & Points

State of Credit Cards

 

Changes to Chase

  • Cannot apply and get bonus for any Sapphire Cards if you previously held a Sapphire Card for less than 48 months: [Hat Tip: US Credit Card Guide]
  • Cannot have two Sapphire Cards at one time
  • 5/24 is now enforced across all Sapphire Cards
  • Introduction of new Chase Marriott Credit Cards

 

 

Changes to American Express

  • Premier Rewards Credit Card is showing some future changes for some:
    • The new benefits are expected to be rolled out on or near October 4th 2018:
    • 4X at US Restaurants
    • 4x at US Supermarkets on up to $25K per calendar year in purchases (then 1x)
    • 3x flights booked directly with airlines or on Amextravel.com
    • No more 2X gas at US gas stations
    • $120 dining credit: $10 per month credit for spend at GrubHub, Seamless, The Cheesecake Factory, Ruth’s Chris Steakhouse, and Participating Shake Shack locations
    • The annual fee will remain the same ($195)
    • The card will retain its $100 airline fee credit.
    • The card will be renamed to “American Express Gold Card”
    • The new welcome bonus will be 25K points after $2K in spend plus 20% back as a statement credit on purchases at U.S. Restaurants, up to $100 back
  • Some are able to apply for more than 5 revolving credit card lines, which was usually the max on American Express
  • $100 credit each year for Saks Fifth Avenue for the personal Platinum Card

 

You Can Fly With Us

Quito, Ecuador

You Can Fly With Us

State of Travel in 2019

What has changed?

  1. Lack of good glitches
  2. No New Good Bonus Cards
  3. Credit Card rules tightening

Whats our strategy going forward?

  1. Diversifying and stacking points
  2. Card type diversification
  3. No more churn and burn
  4. Low cost flights via Google Flights from coastal cities
  5. Connecting cities flights to coastal cities using points