Credit card points seem to be more, good, pointless


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Are you a nerd points? If you wait eagerly since April for British Airways and American Express to indicate how the flyers spend, then safely distribute the reply Yes.

Even those who do not compete in the Slecarar language of Loyal Loyalty Methods of planes may remember Furore when notifying the BA Changes to change to the frequent flyer club.

Because the rules have changed in April, it has been Hard to achieve Gold, silver or stance of copper and access perks such as access to lounge, seat selection and priority check-in. But this week, travelers holding the American Express Premium-Plus Card last found how to claim up to 2,500 points “to help the hardness.

To get the whole whack, £ 25,000 expenditure amount should be pumped through credit cards in the next seven months. For more than £ 3,500 a month, that is higher than the average gross salary in the UK.

The changes to these and other plane loyalty techniques reflect a greater benefits of UK consumers – caused some of the questions if there are many point in the collection of nerdy.

Credit card rewards continue to be worse because UK capped senties for payment processing in 2015, which prevents a key relam on the card. As Letter signature In points Geekery tore your balance all over the month to avoid interest payments, stiff margins so the benefits are singing. John Lewis has only announced that it will flow the amount of points that the offering card partnership can obtain the expenditure of other stores, which prompts other stores.

But that didn’t hold off the best-made collectors in the UK point of doubling their desire to get something worthless. “If you want to get the benefits, you have to do the work,” says Tom, one of the 400 frequent flyers that attend the travel website Head for points The summer party in London this week. Called “Glastonbury for Nerds” points “, the city’s workers and retired couples who change the rules and boasted rules for additional points.

One person convinced his boyfriend they had to do five Christmas flights at Christmas day between London, Dubsin, Brussels and (finally) with enough Silk points. “A fun Christmas,” his partner grinned.

Many party-partys are always flying long running for work, and rewards for happiness. Many brings their other halves (“he’s the points people, I’m the only beneficiary,” as one). As far as I know, referring to your spouse for a credit card you can be carved by a bonus, and each one gets their spending points. “I trained my wife always paying the card,” one boast. Another one who makes his wife return to £ 200 in John Lewis Shopping and re-bought the same items through the portal shopping website to earn plane points.

There are many conversations about the difficulties of spending points; Those who open 2-4-1 with flight vouchers complain that they should book at first to actually use it.

Those who booked a Holiday or spent a lot of values ​​at BA Amex after alil changes unable to observe 500 500 additional bonus points). It means those who spend £ 25,000 to get the bronze status maybe another flight away from royalty to free seat and their priority board not to put in a perfect flight. Is that true effort?

The category of points learned “Status Chase” will definitely think so. Someone who never flies in the business class is flipping the change in BA, believe it can stop the first type of lounge. Longing queues for airport lounges are a common gripe, but have a hack for that – a “digital wait-list” for other lounges for elected ehex cardholders.

“The bottom line is, anyone who pays their credit card bills each month and nobody can do something to get a kind of reward,” as the bank’s banker stood in the head of points.

At least, he advised that cashback cards offer better value than most standards stand (about 70 a year of credit card spending). Even with high annual fees, benefits more, such as travel insurance deals and restaurants.

The constant rule of changes and tweaks of TS & CS will definitely give the nerds many talk, but sadly I am afraid of all that is lost to me.

Cleare Barrett is FT’s Consumer Editor at ft in ft Sort your financial life outside Newsletter series; Cleer.marrett@ft.com;; Instagram and Tikestok @Claerb





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