Buying groups: Big risks / big rewards | Ep223 | 10-7-23

Buying groups can be a highly effective way to increase credit card spend and earn big rewards, but they can also be a perilous path toward problems. Greg and Nick discuss what they are, why you might want to use them, and why they may not be right for you. 00:00 Intro 00:47 Giant Mailbag 08:30 Card Talk: Amex Business Gold card https://frequentmiler.com/major-changes-to-the-american-express-business-gold-card-heres-whats-happening/ 20:37 What crazy thing . . . did Marriott phone reps do this week? https://frequentmiler.com/marriott-rules-for-extending-free-nights/ 25:48 Award Talk: Capital One "Move Rewards" is back https://frequentmiler.com/huge-if-true-convert-capital-one-cash-back-to-miles-by-moving-rewards/ 28:32 Award Talk: JetBlue status match update https://frequentmiler.com/digging-into-jetblues-amazing-status-match-for-delta-elites/ 31:07 Main Event: Buying groups: Big risks / big rewards 42:26 How buying groups operate 45:55 Some common risks https://frequentmiler.com/a-buying-group-deal-gone-wrong/ 58:30 Is it ethical? 1:12:34 Question of the Week: I got the Citi Premier card and forgot to meet the spending requirement, so I never received the bonus. If I close the card and apply new, would I be eligible for the bonus? Music credit: Annie YoderMentioned in this episode:Check out all of our other travel podcasts from around the worldThis podcast is part of Voyascape, a podcast network that brings together the world's best travel podcasts. You can find all of our podcasts from around the world at Voyascape.com. If you are interested in advertising or sponsored content on any of our shows you can find out more at the link below.Voyascape Podcast Network