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Introducing The TPG Maximizer Tool To Help You Choose The Right Credit Cards

by on February 27, 2014 · 44 comments

in Credit Cards, TPG Maximizer

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I am excited to announce the launch of my new credit card advisor, the TPG MaximizerTM! The TPG Maximizer is a dynamic new tool that allows you to plug all of your cards into one place, and will help you maximize your earnings on your current spend for the travel rewards you want. The TPG Maximizer is powered by Wallaby, and we have been working together for months on this new product that can provide you with more analytics into your spend and which credit cards that will help you maximize every dollar you spend. This is a beta version so we are looking forward to your feedback and making this tool as smart as possible.

Every couple of months I research what new credit cards I should apply for, and it is often a complicated process to tell which card is best for my spending patterns and lifestyle. This is where the TPG Maximizer comes into play. It takes just a few moments to set up and it will help you increase your potential to earn rewards by suggesting the right card based on your current spend.

To  begin, visit maximizer.thepointsguy.com and create an account.

Create an account by using your email address and a unique password.

Create an account by using your email address and a unique password.

Next you will be given the option to link your credit card logins so the tool scan analyze your spend. I assure you that the TPG Maximizer is a secure site and your information will be protected by bank-level security that will simply give read access to your spend. Connecting your bank will help us give you a more accurate recommendation, but if you wish to skip this step you can scroll to the bottom of the page and simply tell us what credit cards are in your wallet be selecting ‘Add Cards by Type.’

Add the credit cards that you carry in your wallet.

Add the credit cards that you carry in your wallet.

After loading your wallet, you will be taken to a short quiz to help us determine your goals so we can better understand your interests and spending habits.

Complete a short quiz to help us determine your goals.

Complete a short quiz to help us determine your goals.

If you choose to ‘Add Cards by Type’ instead of connecting your banks you will also be asked to provide your annual household income which will be used to come up with a baseline for how much you spend per month on things like dining, groceries, gas, clothing etc. These values can be altered if you feel they are incorrect.

Adjust your monthly spending for each category to get a more accurate recommendation.

Adjust your monthly category spending  to get a more accurate card recommendation.

Once you complete this section, Maximizer will analyze your data and recommend four cards that could bring you even more rewards than what you’re currently earning. You will be able to check out the recommended card’s features, sign-up bonus and any extra amenities that come with the card and you can also apply for the card right from the TPG Maximizer.

Review your recommendations and potential earnings.

Review your recommendations and potential earnings.

Additionally the TPG Maximizer will show you a comparison of the rewards you would earn over one year, comparing your current wallet with your new wallet (using the recommended card) and using an estimate based on your spending from the last 90 days. Note: We are only able to categorize expenses based on what the credit card companies provide. Certain expenses from different issuers may be categorized differently or left as ‘other’.

At this time we are linking directly with the credit card companies to provide this tool so the recommender will not always show the best offers on the market since many are not officially advertised. I’m working to get all top offers included in Maximizer, but in the meantime I would recommend that you still check out our Top Deals page. Ideally I would like to offer more lucrative targeted offers through The TPG Maximizer so stay tuned while we continue to make enhancements.

PRIVACY

If you connect your banks while adding credit cards to your TPG Maximizer wallet, a request is made to your issuing bank to look at open credit card accounts and download the last 90 days of transactions. These are used to drive more accurate recommendations based on the merchants, value, and consumer categories you typically spend in across your credit cards. Please note that TPG Maximizer does not store your banking username or password, nor does it have access to your underlying credit card sensitive data (full number, expiration date, CVV, etc). The only data exchanged with TPG Maximizer is the last 4 digits of a given credit card account and the itemized recent transaction history.

We are working to make this tool as smart as possible, so if you see any major errors with the technology, please email [email protected] or browse the FAQ at Appsupport.thepointsguy.com.

TPG POINT VALUATIONS

As part of this tool, I was able to put in my valuations of major frequent flyer/hotel/credit card currencies. For example I value Starwood points at 2.3 cents, Chase Ultimate Rewards at 2.2 cents and American Express Membership Rewards points at 2 cents a piece. I have the ability to edit these valuations over time as programs devalue and I am going to update them at least monthly with a blog post explaining why I changed certain programs. Your personal valuation is likely different than mine, but I wanted to give weight to the programs that provide more flexibility. If you disagree with any of my valuations, feel free to share your feedback. The beauty of TPG Maximizer is that it will evolve over time and is a product of the TPG community.

Starwood Starpoints 0.023
Hilton HHonors Point 0.005
American Express Membership Rewards Points 0.02
JetBlue TrueBlue Point 0.0122
Virgin America Elevate Points 0.02
Citi ThankYou Points 0.0125
Chase Ultimate Rewards Points 0.022
Southwest Airlines Rapid Rewards Points 0.014
United MileagePlus Miles 0.017
British Airways Avios Points 0.015
Marriott Rewards Points 0.007
The Ritz-Carlton Rewards 0.007
Hyatt Gold Passport Points 0.018
Fairmont President’s Club 0.01
Amtrak Guest Rewards 0.015
American Airlines AAdvantage Miles 0.018
Delta SkyMiles 0.012
AeroMexico Club Premier Mile 0.01
Frontier Airlines Early Returns Miles 0.015
Alaska Airlines Mileage Plan Miles 0.019
Virgin Atlantic Flight Club Miles 0.01
Asiana Airlines Miles 0.012
Spirit Airlines Miles 0.01
Hawaiian Airlines Miles 0.012
IHG Rewards Club Points 0.006
US Airways Dividend Miles 0.018
Aer Lingus Miles 0.01
Choice Privileges Points 0.007
Club Carlson Hotel Reward Program 0.0065
Visions Air Miles 0.01
Unitus Rewards 0.01
Foothill Rewards Points 0.01
Air Canada Aeroplan 0.015
Singapore Airlines KrisFlyer 0.016
Air China 0.01
Avianca LifeMiles 0.015
Cathay Pacific Asia Miles 0.013
Emirates Skywards 0.011
Iberia Avios 0.016
Lufthansa Miles 0.012
Accor Points 0.01
REC Rewards Points 0.01
UChoose Rewards 0.01
Arrival Miles 0.011
Capital One 0.01
Bank of America World Perks 0.01
US Bank Flexperks 0.016
AirTran Credits 18.75

 

TPG MAXIMIZER GIVEAWAY

To celebrate the launch of the TPG Maximizer, we are giving one lucky reader the chance to win a brand new iPad Mini with Retina Display! Compare your cards and maximize your life while using this Space Grey iPad Mini valued at $399.

Use The TPG Maximizer on the go with a new iPad Mini with Retina Display!
Use The TPG Maximizer on the go with a new iPad Mini with Retina Display!

To enter this contest all you have to do is tweet me @ThePointsGuy using #TPGMaximizer telling me where you want to go with your new maximized miles and points. Is it a trip to Aruba on Southwest, or perhaps United GlobalFirst to Sydney like I flew last week?  Whatever it is, let me know by on Twitter by 5pm ET on Monday, March 3rd and make sure you use the correct hashtag to be eligible.

The winner will be chosen at random and announced next week. Good luck!

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.

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