TPG Reader Hall of Fame: 18 months, 20 countries and a million points

Oct 18, 2019

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Today’s TPG Reader Hall of Fame story comes to you from Joey and Kara, a power (points) couple midway through a trip spanning 9 months, three continents and well over a million points. Let’s see how they did it.

Kara and Joey knew well in advance that they’d be traveling so they were able to spend 18 months saving up for the trip. Kara, a former auditor, traveled a lot for work and was able to save points for personal use. While she had a nice little stash, they’ve also used welcome bonuses from travel rewards credit cards to accumulate a sizable balance, including:

The information for the IHG® Rewards Club Premier Credit Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

They’ve also continued to put all regular spending on credit cards, while offering to pay friends’ restaurant tabs in exchange for Venmo payments. All told, they’ve spent 1.2 million points on hotels and flights thus far, with a focus on free — not luxury. This means they’ve legged it in long-haul economy, gaining incredible value on flights such as Detroit (DTW) to Lima (LIM), which cost just 17,500 American Airlines AAdvantage miles off-peak for a route that would normally run them $1,000+.

Photo courtesy of Kara Patterson

They’ve used the annual free nights afforded by their credit cards for hotel stays, in addition to Hilton, Marriott, IHG and Hyatt points in order to maximize their savings. Combined with Airbnb stays and housesitting, they’re making their way around the world for free. Here’s the breakdown of the points they’ve spent:

Program Points used Overall value received (less expenses incurred) Overall cents per point Current TPG valuation
Marriott Bonvoy 250,000 $1,654.00 0.66 0.80
World of Hyatt 104,000 $2,100.89 2.02 1.70
Hilton Honors 404,000 $2,145.96 0.53 0.60
IHG Rewards 140,000 $1,640.00 1.17 0.50
American AAdvantage 70,000 $4,306.48 6.15 1.40
Chase Ultimate Rewards 262,000 $10,324.56 3.94 2.00

Here’s how they’ve redeemed them:

Savings type City Name Points used Cents per point
Valuation @ booking (TPG)
Flight Detroit to Lima, Peru American Airlines 35,000 5.43 1.4
Flight Rio de Janeiro to Lisbon Air France 72,000 4.32 2.1
Flight Rome to Bali United Airlines 90,000 3.22 1.3
Flight Bangkok to Lima United Airlines 100,000 4.32 2.0
Flight Lima to Detroit (Joey) American Airlines 17,500 7.08 1.4
Flight Lima to Missoula (Kara) American Airlines 17,500 6.68 1.4

 

Savings Type City Name Points used Cents per point Valuation @ booking (TPG)
Hotel rewards Zurich, Switzerland Hilton Zurich Airport 200,000 (50k / night) 0.59 0.6
Hotel rewards Zurich, Switzerland Hilton Zurich Airport 48,000 (48k / night) 0.59 0.6
Hotel rewards Bali, Indonesia Hilton Bali Resort 96,000 (48k / night) 0.42 0.6
Hotel rewards Bali, Indonesia Hilton Bali Resort 60,000 (30k / night) 0.45 0.6
Hotel rewards Singapore, Singapore Grand Hyatt Singapore 54,000 (27k / night) 2.05 1.7
Hotel rewards London, U.K. St James Hyatt Hotel 50,000 (25k / night) 1.98 1.7
Hotel rewards Amsterdam, Netherlands Renaissance Amsterdam 250,000 (42k / night) 0.66 0.8
Hotel rewards Munich, Germany Holiday Inn – City Centre 140,000 (35k / night) 1.56 0.7

These incredibly detailed charts come courtesy of Kara, whose fabulous spreadsheet shows just exactly how much value points can have. And while they haven’t always redeemed points for maximum value, that’s OK. In total, they’ve saved over $20,000 by making smart redemptions where it counts, so that their trip is truly priceless.

All photos courtesy of Kara Patterson

Bank of America® Premium Rewards® Visa® credit card

This card from Bank of America gets really interesting if you have a BofA checking, savings or investment account. Depending on the value of your combined accounts you can potentially get as much as 3.5x points on travel/dining and 2.625x points on other purchases making it the richest consumer banking bonus out there.

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More Things to Know
  • Receive 50,000 bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
Intro APR on Purchases
N/A
Regular APR
17.74% - 24.74% Variable APR on purchases and balance transfers
Annual Fee
$95
Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the 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.

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