Everyone has a friend that never pays for airfare or hotels by collecting credit card sign-up bonuses. That friend may have even convinced you to sign up for one or two cards. But their airline point accounts stay full and yours are on empty. The reason is that collecting travel rewards takes a commitment to a plan and an understanding of the "gotchas".

With TravelRewardCollector.com you don't need a calendar, task list, research notes, or a spreadsheet. Just sign-up, mark which cards you've used in the last 2 years and then look out for our notifications. We'll remind you which cards to sign up for and when and which deadlines are approaching. Your miles accounts will be full the next time you plan a trip!

If you have any feedback, please contact us.


What are the Gotchas?

Assuming you have good credit and don't carry a balance, there are a few other ways that people tend to go wrong when collecting travel rewards:

  • They don't stick to a plan - We'll remind you to sign up for a new card every 3 months
  • They forget minimum spend requirements - We'll remind about these too
  • They don't navigate bank rules - We understand these so you don't have to (Chase 5/24, Citi 1/24, BoA 2/3/4)
  • They forget annual fees - These can erode the value of the signup bonus, we'll remind you when these are coming

Why is my 2-Year plan in this order?

Your 2-Year Plan is ordered to maximize net value. The following explains how and why we follow a certain order:

  1. Start with Chase Business cards - For Business cards, Chase will check your 5/24 status before approving your applications, but these cards won't take up a 5/24 slot. By applying to these cards first, you'll be able to get more than 5 Chase cards within 24 months. If you are already at your 5/24 max, we won't recommend these cards until a slot opens up.
  2. Use your remaining 5/24 slots on Chase cards - By applying to all Chase cards (up to 5 in a row), you won't use up a 5/24 slot on a non-Chase card.
  3. Pick the remaining non-Chase cards with highest net value - It's important to keep abiding by the remaining rules (Citi 1/24, BoA 2/3/4)

What is Net Value?

Net Value is our way of comparing cards. It's based on the idea that you only have to pay the annual fee once in order to receive the bonus. For cards which offer a waived annual fee, you don't actually have to pay it, because you have the option to cancel it before it renews.

\[Net\ Value = Dollars\ Per\ Point \times Points - First\ Year\ Annual\ Fee\]

For example, let's take the Chase Ink Business Preferred®:

\[$1,345 = $0.018 \times 80000 - $95 \]

How do you set a dollar value on a point?

Point IssuerDollars Per Point
Alaska Airlines$0.019
American Airlines$0.014
American Express$0.019
Bank of America$0.01
Capital One$0.01
Chase Ultimate Rewards$0.018
Citi ThankYou$0.013
City National Bank$0.0125
Delta Air Lines$0.012
Hawaiian Airlines$0.012
IHG Rewards Club$0.006
Southwest Airlines$0.014
United Airlines$0.015
US Bank$0.015
Virgin Atlantic$0.015

To the right there is a table that shows the value we consider one point to be worth. There are many sources published for the value of one point. They are based on the cash value of the travel that can be purchased with points and other factors. We rely on the following sources:

If you have other questions, please ask!