Mar 28, 2020
Greg and Nick debate whether to cash out points rather than waiting to use them for travel. We also debate whether to sign up for cards now while great offers remain or wait for something better to maybe come along.
Timestamps:
1:30: Coronavirus preparation
6:37 Reader feedback: is it time to cash out points?
10:53: How many points are "enough" per passenger before you
consider cashing out?
14:38: Are airline miles safe in the current environment? Are there
any we should burn right now?
21:54: What will be the impact of hotels in the aftermath of
coronavirus?
25:18: Whoops! A disconnection leads to a moment of chatter about
how to avoid this in the future.
27:13: Is this a good time to sign up for credit cards?
30:00: Co-brands
30:17: Cash back cards
30:33: Ink Cards
31:24: Nick disagrees: Travel offers won't increase
33:33: Greg agrees that Nick is partially right: Offers may not
increase, but we may see the return of "try before you buy" or
extra credits and reduced spend requirements.
36:57: Nick disagrees: Cash back offers may increase after all
40:35: Will the Ink no-fee cards see increased offers?
44:30: Where do we stand so far?
47:10: Should we be afraid of points being devalued because of the
coronavirus crisis?
53:54: Greg's counter-argument against airline credit cards
today.
55:26: Greg challenges Nick's assertion that travel cards are worth
considering right now?
55:48: Greg admits that Nick is right.
59:05: Greg disconnects!
1:00:30: The ten second explanation of what Nick said while Greg
was disconnected.
1:01:00: Are transferable currency cards worth considering now? One
defintiely is!
1:04:50: Question of the week x 2.5.
1:06:00: First of 2.5 questions of the week: what counts as a
direct deposit?
1:09:50: Second question of the week: Halfway to the Companion
Pass. Abort now or continue?
1:11:26: Nick shows why Greg was totally wrong -- with a little
help from Greg!
1:14:25: Related Southwest question: Should those with Southwest
points look for ways to cash out now?
1:17:57: Greg admits Nick is right....AGAIN.
1::20:00: Greg needs an intervention about cashing out some
points.