“Churning” with a purpose

For those unfamiliar, “churning” in this hobby is defined as getting the credit card for the sole purpose of a bonus. I would like to look at this from 2 different angles. None of it is meant  to sound preachy, more of a suggestion.

1) Many times people get credit cards with the bonus that  they know for a fact, will not be put to good use for a very long time. I would argue against it. Of course, cash can be used or invested at any time, but it’s a different story with points and  miles. One exception: monster offers of  75000  to 100000 miles after modest spending requirement. I honestly don’t think, we will ever see one again, but you never know.

I personally would never sign up for a card to get 50000 Hilton  points. Mostly, because  I value them at 0.25 cents each, based on our needs. But even if I could get 150000 Hilton points, I would pass unless I had firm plans to use them. I really dislike hoarding in general, but it’s more than that. Inevitable devaluation makes people do things, they otherwise would not do, and go places, they would normally not go. In a way it’s good, because it gives you a nudge to go and explore the world. But are you giving up the destination, you really want to visit  because the other place has  a redemption, that is about to go up in points? So, churn with a goal in mind.

2) This has been said before, specifically on “Mommypoints” blog, but is worth repeating. I hate to admit it, but I am not the most generous person by nature. But I am logical, kind of like Spock. So, when I heard, that a relative needed a room in a hotel, that cost 150 dollars but was 10000 points per night through IHG program, I simply had to help. It was only logical.

I had no immediate use for those points, and it really made a difference for them and was a great redemption to boot!  Also, when I saw Melbourne Crowne Plaza Oceanfront resort  for just 5000 points per night through IHG Points Breaks program, I jumped on that offer. But, I also treated my brother-in-law and his wife to a weekend at the beach. They don’t have a lot of money and it only cost me 10000 points.

So, I would encourage everyone in this hobby to not be stingy and help out  when it makes sense. Not all families can churn cards for one reason or another. Perhaps, think of a poor relative or a friend, who you can treat to a weekend somewhere, or maybe use some Avios miles for a short flight. Kiva is fine, but how about doing something with zero incentive, other than to help. It doesn’t need to be anything extravagant. I am almost out of IHG points and may have to buy them , depending on situation. But that’s OK, I got good value, even if it wasn’t for me. Not to sound corny, but when I say “miles for family”, I really mean it.

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