How To Get Luxury Hotels & Flights For Free Using These Credit Card Hacks | Eli Facenda

[@StGoIvFr]

For Marriott, you can only combine the first elite nights with a personal bonvoy card and the second elite with a business card. Owning both brilliant and Ritz will not stack. These both will only yield 25. You will need the Amex business bonvoy for the other 15, to combine the total of 40

[@elifacenda4085]

Thanks for having me on! Had a blast sharing 🎉

[@keyKEYAdventures]

Great job! Thanks for sharing your story and upgrades!!

[@BetterWealth]

It was a pleasure!

[@FunkyFaulc]

Looks like this worked! Your calendar slots are all booked up!

[@txtutt339]

Beautifully done. Marty I can see the joy on your face and feel it in your playing.

[@DallinBunnell]

I love this! I'm a big fan of credit card points! I'm also a fan of having multiple points currencies. I recently had an award flight booked with American, but they changed the itinerary and we were not happy with it. We canceled the flight and got the points back, then booked the same trip through Southwest.

[@keyKEYAdventures]

Amazing!! I do wish there were some timestamps but this was an amazing conversation!

[@BetterWealth]

Working on them so you can come back and skip around to the parts you want😁

[@BetterWealth]

Timestamps up!

[@keyKEYAdventures]

@@BetterWealth excellent, thanks so much! just rewatched

[@soapa4279]

I'm pretty obsessed with this whole game, and man Eli really hit all the points accurately and explained it in a way that is level headed and realistic. I even thought I knew mostly everything, but still learned something new. Great job! Edited so I don't seem like a bot cause my comment looked generic: One of the things I learned was to book a refundable flight, and cancel after entering the lounge. LOL j/k, definitely a gray area. But the lesson about statuses and flowing business spend despite paying 3% but gaining 5-8% was insightful. I'm going to factor that equation into my future business cards.

[@BetterWealth]

Love this comment! Thank you for taking time to make this 🙏

[@soapa4279]

@@BetterWealth No problem, thank YOU for having this type of content. I nodded my head and went "He's right!" many times throughout the video. Even at the end about Debit vs Credit, there wasn't a bias against either way, that shows me how knowledgeable Eli was on the topic. Good stuff!

[@BetterWealth]

@@soapa4279 Agreed! We were very happy to have Eli.

[@elifacenda4085]

hahah glad you enjoyed!

[@OrgGlobeRider]

Really appreciate all the value shared in this video! I am wondering if any of this can apply to canadians aswell?

[@BetterWealth]

Thank you! That would be an interesting question to get an answer to! I assume since most of these cards are international the concept stays the same.

[@darrylgriffinsimmons1724]

Wow!! Amazing podcast.

[@BetterWealth]

Thank you!

[@thanhle7026]

Great episode. Never really put much thought about credit card points in this way, but will now. Thanks guys.

[@BetterWealth]

Glad it was valuable for you!

[@AlejandroPerez-ef5ez]

10:26 Chase doesn't transfer to Avianca

[@nadjadavidson411]

I’ve done some many things intuitively that I didn’t know are “a thing”. In the late 90s, before the Internet, my husband and I started a mid-term rental business, and in 2013 a BRRRR business. We just called it “furnished rentals” and “renovating homes”. 😂 I’ve used my credit card to rack up points for probably a decade. Very useful during times of renovation. I could probably leverage it more but we tend to rack up points in the high 4-figures per year. I have never ever paid any interest on my credit card. I am sure the banks don’t like me much. 😂

[@AndAsset]

Awesome interview!

[@joelrobertsonmusic]

Gonna need to start a business so I can do this 😂

[@tjfintrade]

Awe man.... Y'all skipped right over the best part... How do you pay your mortgage and payroll with your credit card?

[@BetterWealth]

Might have to get a part 2

[@jaycox1836]

IRS Announcement 2002-18 is your foundation.

[@BetterWealth]

I’ll look into this! What’s the basic explanation?

[@jaycox1836]

IRS public statement that business earned points should be taxed, but if you redeem them for personal travel, they won't try to enforce it because it is too difficult to calculate... but they say they reserve the right to change position later... Personal points are treated as a rebate or discount, not taxable.

[@jaycox1836]

I'm not a lawyer, not legal advice

[@travisbeyerl]

Great to keep in mind. It’s kind of like the language on the back door Roth strategy. They’re not enforcing it right now but they know people intentionally fund non deducted IRAs to then convert to Roth the next day

[@cwall216]

I really wish you could use these credit cards to pay your insurance premiums

[@Step1youtuber]

This sounds like hacking matrix lol

[@BetterWealth]

😆