Breaking news!!! Our favorite travel reward credit card just increased its sign-up bonus from 60K points to 80K points! These points are worth a minimum of $1000 in free travel when redeemed through the bank’s travel portal! 🤯If transferred to travel partners, they could be worth 3 times that or even more! For example, 80K “Blue gemstone” points transferred to Hyatt is enough for 22 nights at a Hyatt Category 1 hotel on off-peak dates (3,500 points/night). Let’s estimate that each night is valu

Time to spot the Credit Card Reward Points Fraud 🔎 | #BeatTheCheats 💪

Credit card companies create these reward programs in a way that incentivizes people to spend more than anticipated, trapping them in a vicious cycle of debt. Once you’re hooked, they can pull the ol’ bait and switch, completely revoking your rewards if you miss a payment. Rewards can be devalued at any time, making them worth less and causing you to spend more for the same perk—much like inflation. | George Kamel