How to ACTUALLY Get Started Travelling on Points

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  • เผยแพร่เมื่อ 15 มิ.ย. 2024
  • Join our community at princeoftravel.com (enter your email)
    There's an overload of information out there on the art of travelling the world thanks to Miles & Points. So what exact action steps do you need to take today to actually get started?
    In this video, we'll break down the basics of getting your first few credit cards, meeting minimum spends, and collecting points with a focused strategy to take your first trip on points.
    By applying the lessons here to your spending habits and travel goals, you'll soon be jetting off in luxury to your favourite destinations in a way you could've only ever dreamed of.
    Check out our Credit Cards Selector on Prince of Travel: princeoftravel.com/credit-cards
    Read more on Prince of Travel:
    - All About Credit Scores: princeoftravel.com/blog/all-a...
    - The Credit Impact of a Credit Card's Life Cycle: princeoftravel.com/blog/the-c...
    - TD Aeroplan Visa Infinite Card: princeoftravel.com/credit-car...
    - American Express Business Platinum Card: princeoftravel.com/credit-car...
    - American Express Platinum Card: princeoftravel.com/credit-car...
    - American Express Cobalt Card: princeoftravel.com/credit-car...
    Aeroplan Flight Reward Chart: www.aircanada.com/content/dam...
    0:00 Introduction
    0:50 Earning Points
    7:57 Redeeming Points
    10:22 Frequently Asked Questions
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ความคิดเห็น • 101

  • @kickincanada
    @kickincanada 2 ปีที่แล้ว +17

    Ricky great video. Yesterday I just got back from my first points vacation thanks to stumbling on your site last year. I booked economy to St. Lucia - only 47,000 Aeroplan points return for two people. Also took advantage of the Amex to Marriot transfer bonus last year (which makes one AMEX MR worth 1.5 Marriot points) to redeem 370,000 Marriot points for a 5 day stay at Royalton Hideaway all inclusive where rooms are routinely over $1000 CAD per night. Even more added value - I was upgraded to Diamond status at the resort which gave me a butler, premium drinks, and upgraded room. I do have Marriot gold status through the AMEX platinum card and all I did was do a bit of sweet talking before I arrived (as per your advice). And I used lounges on the way there and back (free drinks and food and upscale areas to hang out - hey can't get better than that). To do all that was $400 in airline ticket taxes and the net fees I have spent on my Platinum card, Cobalt card, TD Aeroplan Visa Infinite Card (which gets you first checked bag free and preferred cash and points pricing), Marriot cards (which my wife and I both got) which I kid you not is about $600 with all the travel credit hack, annual fee rebates, and occasional dining and other credits offered when you use those cards.

    • @CitizenZero1
      @CitizenZero1 2 ปีที่แล้ว +1

      I just got my first points card. I hope my first points redemption vacation is as successful as yours!

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      Have points, miles, and hotel rewards and you don't seem to figure out how to get the proper dollar value? Ask me I can tell you

    • @EOCA
      @EOCA 2 หลายเดือนก่อน

      I have just been paying with money to travel my whole life, like a sucker. This sounds like a fun game to get into.

  • @mattnarayan6147
    @mattnarayan6147 2 ปีที่แล้ว

    Thanks so much for this and laying it out so efficiently! Subbed!

  • @hiralmistry1023
    @hiralmistry1023 2 ปีที่แล้ว

    One of your best overviews!!

  • @refeather6812
    @refeather6812 ปีที่แล้ว +1

    Thank you for your videos. I live in the high western Arctic of Canada. We use aeroplan point to fly south. But it’s 200,000 points for my family round trip to Edmonton. Your card tips are very helpful.

  • @MrWhiteBeans
    @MrWhiteBeans 2 ปีที่แล้ว +2

    Bless you for the Canadian content. It's few and far between, often. Subbed :)

  • @UsmanAsadIsKing
    @UsmanAsadIsKing 2 ปีที่แล้ว +6

    Thank you, I started looking into this type of stuff and you've answered all my questions in this video. Very detailed and informative, no bs, straight to the point.

  • @PrinceofTravel
    @PrinceofTravel  2 ปีที่แล้ว

    Want to level up your travel game? Join us at the Prince of Travel Signature Event Vancouver 2023! Get your tickets now: princeoftravel.com/events/vancouver-2023

  • @bigrdog27
    @bigrdog27 2 ปีที่แล้ว +1

    Great overview. I got cobalt, plat, and the no fee cibc

  • @better2boutside295
    @better2boutside295 2 ปีที่แล้ว

    Great video
    Thanks Joery

  • @blaineeveringham6042
    @blaineeveringham6042 2 ปีที่แล้ว +2

    So, If I'm understanding this right, you are doing the following:
    1) Apply for the card with a plan to meet the minimum spend
    2) Meet the minimum spend
    3) Transfer the aeroplan points to your aeroplan account
    4) Cancel the card
    5) Repeat?

  • @EilrahcH
    @EilrahcH 3 หลายเดือนก่อน

    Great video as always! bonus points to not count as EDQ unfortunately

  • @crippledgenius
    @crippledgenius 2 ปีที่แล้ว +1

    Yeah I started back in 2019 reading your website. So far I got 600 off a flight with Scotia gold amex and just booked 4 economy tickets to Ottawa for 106800 apm points and i still have 135k mr and 99k apm life changing thank you

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      Have points, miles, and hotel rewards and you don't seem to figure out how to get the proper dollar value? Ask me I can tell you

  • @zgwenwen
    @zgwenwen 2 ปีที่แล้ว

    my problem with amex is not a lot of restaurant accept it... for example, in Richmond BC ...

  • @justincosplay
    @justincosplay 2 ปีที่แล้ว

    Great video!!! Keep trying to convince my friends to get in the game hope this video helps.

  • @thomas1942
    @thomas1942 ปีที่แล้ว +1

    I signed up for the newsletter. Is it useful for people south of the Canadian border? I'm still in the early stages of signing up for airline mile credit cards. I don't have any plans to travel in the next 2-3 years, and i think most of the perks received from the higher pay annual fee cards are only worth it if you travel. For now i'm just trying to max out my 5% cashbacks with some planning and a little bit of manufactured spending.

  • @damesmithe514
    @damesmithe514 2 ปีที่แล้ว

    Is it stated income in Canada for the income requirement for certain credit cards? Or do all banks ask for Docs?

  • @Sanlina-ui4ys
    @Sanlina-ui4ys ปีที่แล้ว

    Annual fee for TD Visa Infinite is waived for each year if you have TD All Inclusive Banking Plan. This banking plan has a monthly fee of $ 29.95. This monthly fee is waived if you maintain a minimum balance of 5,000 everyday.

  • @harrypotter2006
    @harrypotter2006 2 ปีที่แล้ว

    If it’s not too much to ask 😅 could talk about the family sharing aeroplan? I don’t travel as much but I dream to experience a business class trip with family someday.
    I’m looking into opening a TD AP visa with 50k AP

  • @jadastricker569
    @jadastricker569 ปีที่แล้ว

    How long does it take to have points transferred after I do my minimum spending amount? Additionally, how do I convert those points to Aeroplan points; say if I am using TD Infinite and BMO Acend world elite?

  • @disco.jellyfish
    @disco.jellyfish ปีที่แล้ว

    Do you have a tip on how to easily keep awareness wether a specific card saves me money or actually wastes it, when I am juggling with so many cards all the time?

  • @MetroVancouverASMRGuy
    @MetroVancouverASMRGuy 2 ปีที่แล้ว

    I've accumulated nearly 470,915 Aeroplan/Amex points, these videos are a huge help. How and when do I know there are transfer promotions? Redeeming them for 30% - 50% more than the base transfer of 1:1 ratio.

  • @onlinestoregems9010
    @onlinestoregems9010 6 หลายเดือนก่อน

    I’m keep on reading the Amex Cobalt is the best card out there for points. Is it true? Has anyone experience otherwise or a better option?

  • @sradreamdawn
    @sradreamdawn ปีที่แล้ว +1

    I am still confused about whether or not you keep all of these cards. Or do you cancel them at some point?

  • @thebeddoctor4273
    @thebeddoctor4273 ปีที่แล้ว +1

    Do points disappear if I cancel a card after earning those points so I don't have to pay the annual fee year after year?

  • @TechGuy893
    @TechGuy893 2 ปีที่แล้ว

    I have scotia bank amex card is that same as cobalt? Can i transfer those points to aeroplan as well?

  • @plain_alejandro
    @plain_alejandro ปีที่แล้ว

    I am seeing that a lot of these websites are recommending amex, but it's not accepted everywhere. What's the problem with RBC avion?

  • @dagamerrr2899
    @dagamerrr2899 2 ปีที่แล้ว

    How do I get started in points if I can't get approved for AMEX? I have over 6 months of credit history in Canada but for some reason when I call the AMEX reconsideration line they say the system won't let them approve. I tried all the tips and tricks Ricky suggested. The aeroplan ones seem to need over 1 year of credit history

  • @matthewjosiah
    @matthewjosiah 2 ปีที่แล้ว +2

    I just got approved for an AMEX Business Platinum - I'm pumped to get it and get that bonus! 🙌

  • @manuelcalleja92
    @manuelcalleja92 ปีที่แล้ว

    Damn, that's a lot of credit cards to manage 🤯

  • @Jairopique4
    @Jairopique4 2 ปีที่แล้ว +1

    For all my military people the annual fees on these American Express cards are waived.

  • @theteacherandbeyond
    @theteacherandbeyond 2 ปีที่แล้ว

    Hello from YVR!!! Am actually travelling on points, and Bonvoy Elite platinum status for amazing breakfasts at the Westin (AMAZING for families with 2 swimming pools!). Now.... if more airlines would release 4 seats for business class seats on points.... Thank you Turkish and Air Canada, but.....

    • @PrinceofTravel
      @PrinceofTravel  2 ปีที่แล้ว +1

      4 seats is a tough one, which adds to the importance of planning far in advance

    • @theteacherandbeyond
      @theteacherandbeyond 2 ปีที่แล้ว

      ​@@PrinceofTravel Absolutely!! Planning for summer of 2023 or 2024....

  • @deerek4
    @deerek4 8 หลายเดือนก่อน

    Thanks for the video! Just subscribed!
    Does anyone have comments on the current offer for TD Aeroplan Visa Infinite Privilege Credit Card expiring January 2024?:
    ''Earn up to $3,200 in value* including up to 100,000 Aeroplan points1.'' (the first year). If you have the salary requirement, is this not a no-brainer?

  • @crush42mash6
    @crush42mash6 2 ปีที่แล้ว

    I was wondering where you were gone, travelling of course.
    I just booked a flight to Brussels, economy standard. How do I get the upgrade?

    • @PrinceofTravel
      @PrinceofTravel  2 ปีที่แล้ว

      Lots more video to come, very soon! Subscribe to our travel/lifestyle channel for travel updates too: th-cam.com/channels/tSlWZUt3WL4jzxCUcYceyg.html

  • @user-pv9cf4fr6d
    @user-pv9cf4fr6d 2 ปีที่แล้ว

    Do you live in Mt. Pleasant area

  • @EE90EE
    @EE90EE ปีที่แล้ว

    I think I’m too stupid to understand. I have 350,000 amex pts off my cobalt card and want to travel to Venice from YYZ next May. Ticket price is approx $1700 or $3700 in club. How should I go about this? Transferring to aeroplan to use Air Canada does not seem worth it on pts based on my math…?

  • @JulietteFiszka
    @JulietteFiszka 2 ปีที่แล้ว +4

    Thank you for the Canadian content! The only thing refraining me from starting right now is understanding what we're supposed to do with all these credit cards after spending the points. Are they still useful once we get the welcome bonuses? I remember reading that closing credit cards do impact the credit score. Would love to know if you guys keep paying the annual fees and keep the cards.

    • @kickincanada
      @kickincanada 2 ปีที่แล้ว +1

      As long as you keep your oldest cards active closing cards will not impact your score. Ricky has some videos explaining all the ins and outs of strategies you can use and things to be mindful / careful of.

    • @JulietteFiszka
      @JulietteFiszka 2 ปีที่แล้ว

      @@kickincanada Thank you for your comment, I'll make sure to check these videos out! :)

  • @michaelscott7479
    @michaelscott7479 2 ปีที่แล้ว

    No links are there

  • @mrslindama1
    @mrslindama1 4 หลายเดือนก่อน

    what if you don't live in Canada?

  • @pannigirl
    @pannigirl 2 ปีที่แล้ว

    2:30 you pronounced Avios as ah-vios! Finally saw the light? Lol

  • @Crte_InfntY
    @Crte_InfntY 2 ปีที่แล้ว

    This is a great video! However, I also wanna say that maybe you should also put a bit of focus on your viewers outside of Canada because a lot of people love your vids while coming from India, Germany China, Russia, etc.

  • @ashishadhikari1904
    @ashishadhikari1904 2 ปีที่แล้ว

    Hey Rickie, I usually travel from Monteal to India via Doha on Qatar airways / Montreal to Delhi on Air Canada. Which credit card would you advise me to start my points journey for business class upgrades and lounge access?

    • @abrararifify
      @abrararifify 2 ปีที่แล้ว +1

      For Qatar, focus on earning British Avios points. Amex transfers 1:1 and RBC Avion points transfer 1:1 as well.

    • @ashishadhikari1904
      @ashishadhikari1904 2 ปีที่แล้ว

      @@abrararifify How about I get the Amex Cobalt Card on which I can earn 5x points on dining and groceries, earn 2500 points per month on 500$ spend plus points earned per dollar adding upto 30000 MR bonus points as signing bonus. These bonus MR points plus earned dollar points I can transfer to Avios/Aeroplan as well on a 1:1 ratio. What do you think

    • @akshaydivakar3134
      @akshaydivakar3134 ปีที่แล้ว

      ​@@ashishadhikari1904 I just got approved for my first cobalt card. I live in Montreal and have literally the same situation as yours. Have you got your card yet? Whats your thoughts on the card?

    • @ashishadhikari1904
      @ashishadhikari1904 ปีที่แล้ว

      @@akshaydivakar3134 i have been using the cobalt card now for a year. Its the best card ever honestly this one helped achieve some of my points goals and I was able to travel business class in Qatar airways. I also added the RBC avion to my list as well which has a great signup bonus that you can transfer to BA avios and Qatar.

  • @IonasalSdorica
    @IonasalSdorica 2 ปีที่แล้ว

    I was planning on continuing accumulating MR points for some max yolo aspirational travel in some future (got a bunch of welcome bonuses, including the historic high July 2021 Platinum Card bonus and the Gold relaunch waitlist welcome bonus). But turns out I need to fly to London some time late October from Halifax. Got lucky with the last remaining Signature Class seat from Amsterdam to Halifax priced at a little over 64k Aeroplan points. I looked up how much I would have had to pay for the very same package, and the site said over 8k CAD. Transferred 62k MR points from my Amex Gold in a heartbeat just to have enough in my Aeroplan account, and booked it! Now time to figure out a flight from LHR to AMS, and hopefully I can squeeze in the early morning LHR Centurion Lounge experience on top of this...
    Lesson of the day: have a plan while being flexible, and if luck presents itself on a silver platter in front of you, don't hesitate to grab! I didn't expect to redeem some of my points this early, but well here I am.

    • @LoneWolfe863
      @LoneWolfe863 2 ปีที่แล้ว

      Outstanding

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      Have points, miles, and hotel rewards and you don't seem to figure out how to get the proper dollar value? Ask me I can tell you

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      @Gwil gay 470-

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      @Gwil gay 646-

    • @perchoceans8167
      @perchoceans8167 2 ปีที่แล้ว

      @Gwil gay 2728

  • @felyg31
    @felyg31 2 ปีที่แล้ว +6

    Even Aeroplan is no longer worth as much now. Inflation has now pushed flight point redemptions to higher point requirements and in some cases even double the amount of points you need for the same flight.

    • @samroe4554
      @samroe4554 2 ปีที่แล้ว

      We're back to the Aeropesos qualifier.

  • @PKDN215
    @PKDN215 ปีที่แล้ว

    Ohhh the drama of chopping up the cards on video !

  • @capitalexotics
    @capitalexotics 2 ปีที่แล้ว +1

    Friends of ours, two adults, which started the aeroplan business class flying before us, are saying it’s now an insane amount of points to fly even economy to Europe - they’re flying from the YUL to Italy this summer and it’s 225,000 points in economy for a full round trip (1 of 4 legs are premium economy, rest are economy).
    She says they don’t find any of these “business class” sweet spots in your videos and that it’s like 500k points to do a round trip business class now - something that used to be 230k points to Euro 2 zone.
    She always helped us book our business class flights on the previous aeroplan system. Now we’re sitting on 7 figures worth of points and wondering if we should even bother continuing the accumulation strategies anymore.
    Can anyone explain and help out with this conundrum, PoT videos seem to always say there’s sweet spots that are slightly more than they used to be in the old system for EST zone.

    • @pieceofthepie.co.
      @pieceofthepie.co. 2 ปีที่แล้ว +1

      I just booked a one-way flight from Ottawa, Canada to Lisbon, Portugal for this July for about 58,000 points. Lots of the other flights were double the points but we were able to find this one easily so they are definitely still out there. :)

    • @SilverSamurai12
      @SilverSamurai12 2 ปีที่แล้ว +2

      Might have to play around with the dates, but why not fly first class or PE to Dublin, Paris or London and then pay for the flight to Italy?
      Inter-Euro flights can be had so cheap, it's at least worth looking into IMO.

    • @capitalexotics
      @capitalexotics 2 ปีที่แล้ว

      @@SilverSamurai12 yeah, we did that under the old plan - an open jaw. Business class to Rome with a stop over in Paris. Return through Venice, layover in Frankfurt and then home. 230k points or something about that round trip.
      Hmm, so there are the flights out there I just need to keep looking, thing is they’re very flexible on their dates and times etc, but she insists the program is no longer worth it anymore. They’ve stopped accumulating and moved onto other programs. Sad for aeroplan, high value customers gone.

    • @capitalexotics
      @capitalexotics 2 ปีที่แล้ว +1

      @@pieceofthepie.co. sorry, is that business class? Because under the previous plan 115k points would have probably gotten you to Portugal in business class.
      They’re very flexible to their dates and time, but she’s been saying for months she can’t get business class that’s not closer to 250k points/pp, 500k per couple… just to Europe (previously zone 2).
      That’s frustrating. When we plan our next trip, if it’s 500k points for a couple, I’m just going to stop accumulating and call it a day. Move onto the next program with better perks or even cash back.

    • @kickincanada
      @kickincanada 2 ปีที่แล้ว +1

      A couple a months ago there were lots of economy fairs from Ontario to Rome for 65K points round trip per person in July. Booking in advance and flexibility key.

  • @aalyanbhanji6496
    @aalyanbhanji6496 2 ปีที่แล้ว +8

    Hey Rickie, just wanted to mention that the TD AP VI currently has a 50,000 Aeroplan point welcome bonus, instead of the 30,000 you mentioned during the video.

    • @AmadouDiallo-ip1pm
      @AmadouDiallo-ip1pm 2 ปีที่แล้ว +1

      Really? I will apply for this card.

    • @aalyanbhanji6496
      @aalyanbhanji6496 2 ปีที่แล้ว +2

      @@AmadouDiallo-ip1pm you have to spend $7500 in the first year to unlock the last 20,000 points I believe

    • @AmadouDiallo-ip1pm
      @AmadouDiallo-ip1pm 2 ปีที่แล้ว +1

      @@aalyanbhanji6496 True. I just read it. It may not easy to spend $ 7500 in the first 12 months using only that card when you have many other top tier cards. 30k aeroplan points is the amount I will be able to get if I apply and get approved.

    • @aalyanbhanji6496
      @aalyanbhanji6496 2 ปีที่แล้ว

      @@AmadouDiallo-ip1pm Yeah exactly. You can potentially plan around some of your big purchases to try and hit the $7,500 if you’ve already collected some of the larger bonuses that AMEX and TD offer.

    • @PrinceofTravel
      @PrinceofTravel  2 ปีที่แล้ว +1

      Correct, I focused on the first-year component of 30,000 Aeroplan points that's more easily within reach with $1,000 spent in the first three months. Note that the last 20,000 points are only delivered as an anniversary bonus.

  • @benoitmartineau5802
    @benoitmartineau5802 2 ปีที่แล้ว

    Should i get an amex cobalt or amex gold ?

    • @gravityhealer
      @gravityhealer 2 ปีที่แล้ว

      The Cobalt for the earning potential due to the multipliers and only get the gold to flex cuz it’s a “gold” metal card lol (Unless you are American then the Amex gold is better)

    • @abrararifify
      @abrararifify 2 ปีที่แล้ว

      Cobalt and its not even close

    • @kickincanada
      @kickincanada 2 ปีที่แล้ว

      Right now go gold. The $250 annual fee can be offset with the $100 hotel booking hack (see Ricky's site) and right now it has a 75,000 bonus offer. Within 3 months you can have all those points immediately rather than wait a whole year to get far less points with the Cobalt. Now all that said when one excludes the welcome bonus factor, Cobalt is a better daily spend card to have in your wallet. But right now the Gold card is a no brainer.

  • @belessbutbetter
    @belessbutbetter 2 ปีที่แล้ว

    The American Express Cobalt card carries a CA$12.99 monthly fee.

    • @ashishadhikari1904
      @ashishadhikari1904 2 ปีที่แล้ว

      How much points do you earn on an average with the Cobalt card with dining? Is 5x rewards applicable to all restaurants or eligible ones/ we get points on all Uber Eats delivery? Right now we can transfer 1:1 points to Aeroplan/Avios (Qatar & British)

    • @EE90EE
      @EE90EE ปีที่แล้ว

      @@ashishadhikari1904 yes but whats the benefit transferring to aeroplan - booking through amex is cheaper than booking with aeroplan is it not??

  • @Full2635
    @Full2635 2 ปีที่แล้ว

    Even if you close the card when approaching the 1 year mark, wouldn’t that still damage your relationship with the card issuers since they can see a pattern?

    • @Davidd419
      @Davidd419 2 ปีที่แล้ว

      ...don't close approaching the 1-year mark, it does look bad... keep your accounts going as long as possible.

    • @Full2635
      @Full2635 2 ปีที่แล้ว

      @@Davidd419 I don’t want to pay the annual fee on the second year tho.

    • @patrickchen4390
      @patrickchen4390 2 ปีที่แล้ว +1

      @@Full2635 , change the card into a no annual fee one. If it is Amex, get a card with them that you will never close first, and then starting your 2nd amex card, close it during the 13th month and you can still get your annual fee refunded.

  • @jasonshaw4063
    @jasonshaw4063 2 ปีที่แล้ว

    This guy will help you guys out and is telling the secrets that I know lol

  • @HelloOnepiece
    @HelloOnepiece 2 ปีที่แล้ว

    As an European, this convoluted credit game seem like such a mess

  • @tommyhairyeah7726
    @tommyhairyeah7726 2 ปีที่แล้ว

    Amex isn’t a credit card though

    • @aalyanbhanji6496
      @aalyanbhanji6496 2 ปีที่แล้ว +6

      The Gold is now a credit card. Plat is still a charge card on paper, but it now has a pay-over-time feature so you can use it as a credit card if you really want to. Technically you should be using all your “credit” cards like charge cards in order to not accrue interest.

    • @PrinceofTravel
      @PrinceofTravel  2 ปีที่แล้ว +4

      You know what I mean

  • @CTA--
    @CTA-- ปีที่แล้ว

    Bitch do you think I'd get approved for any of these cards 🤣

  • @hiralmistry1023
    @hiralmistry1023 2 ปีที่แล้ว

    One of your best overviews!!