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I spent this past weekend in Chicago with a couple hundred other dedicated FlyerTalkers going over the ins and outs of collecting points, getting up-to-date on the latest news from the points world, and giving a presentation on everything you need to know about using your American Express Membership Rewards points (with a few helpful tips on Chase Ultimate Rewards as well, of course).

Before I started my full presentation, though, I was asked to give a little refresher talk on some key points terms for the audience, and I was given several that started with the letter “M,” kind of like a frequent flyer glossary. The terms I was asked to define were:

-Mileage Run

-Mattress Run

-MR: standing for both Membership Rewards (more later), and Marriott Rewards

So take a look at this quick video for a quick review of each of those terms, with a few laughs thrown in, and let me know what you think or if you have any questions.

Then check back later this week for a couple videos from my full presentation on American Express Membership Rewards, and the brief, informal Q&A session I conducted with the audience at the end. Enjoy!

Chase Sapphire Preferred® Card

With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.