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As a high-school teacher, Jay is used to fielding questions from his students. However, there’s one question that even the other teachers always ask him: how does he afford to take his family on vacation twice a year? They almost never believe his answer - he does it for free.
At a time when many consumers are losing faith in rewards programs, Jay Thompson is using points to save $3000 - $5000 a year in travel airfare, hotel stays, and car rentals. He says there’s no secret to his lavish savings - anybody can do it with a little bit of planning and know-how.
Racking ‘Em Up
Jay says sign-up bonuses are “the best bang for your buck” when it comes to earning points. After that, he recommends using rewards cards for scheduled, everyday purchases.
Read the Fine Print
“You can’t just collect points and hope everything falls into place,” Jay warns. “You need to be creative and educate yourself.” Some airlines, hotels, and rental car companies limit the number of bookings for rewards points users, especially during popular travel times.
Room for Improvement
As an avid user of these rewards programs, Jay says he has a few tweaks that could greatly improve the experience for both customers and rewards programs.
Playing it Smart
Jay says there are easy tricks to recoup bonus points on big purchases - like the time he helped some friends score a big payday on an $100,000 purchase:
Jay offers more tips and answers specific questions on his travel blog, www.borderfreetravel.com.
What's in Jay's Arsenal?
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