mark reese // credit & finance: credit card transfer partners at risk? how to preserve your points value

Thank you to Function Health for sponsoring this video! Visit or use code MARKR25 at sign-up to own your health. The first 1000 get a $25 credit toward their membership. Then learn why credit card transfer partners are at risk and what you can do to improve the value of your rewards. Click Show More to see Ad Disclosure. For years, using credit card transfer partners has been the best way to redeem points and miles. Thats still true today, but were seeing the early warning signs of an ongoing devaluation that that may come as a surprise to many people. The 1:1 transfer ratio is the golden standard when transferring points from credit cards like the Chase Sapphire Preferred, Chase Sapphire Reserve, Amex Gold Card, Amex Platinum Card, Capital One Venture X, and Citi Strata Premier. That means that if you have 10,000 Chase Ultimate Rewards points and transfer to Hyatt, then youll end up with 10,000 World of Hyatt points. But that standard is fading a little as were seeing more 1:1 transfer ratios shift to lower values. If you are holding onto a large balance of points waiting for a dream trip, you need to watch this to understand how your points might be losing value while they sit in your account. The transfer ratio itself does not tell you how much value you get, but a 1:1 ratio is always a fantastic starting point for most airline programs. This video will illustrate several examples of credit card rewards programs being devalued from a transfer partner perspective, and then give you tips to preserve as much value as you can going forward. VIDEO SPONSOR Function Health - Start owning your health TOP CREDIT CARD OFFERS Get Offer Alerts! View Offers! MaxRewards - Manage your cards (promo code = markr): Point.me - Maximize your points! TOP CASH BACK OFFERS Rakuten (Get $30 or 3,000 Amex/Bilt Points!): TopCashback (Get $10!): TOP BANK ACCOUNTS SoFi (Get $300 Bonus!): CIT Bank (Get $300 Bonus!): Barclays (Get High APY!): Discover Savings (Get High APY!): Discover Checking: Ally (Get High APY!): TOP INVESTING LINKS Webull (Get 6+ Free Shares!): Robinhood: Public: Wealthfront: Acorns: ------------ CHAPTERS 00:00 - Intro 00:35 - Setting the Stage 1:22 - The Holy Grail (1:1) 1:50 - Example 1 4:27 - Example 2 7:13 - Non 1:1 Transfer Partners 8:46 - How to Preserve Value Disclosure: The thoughts, opinions, and information presented are those of the creator. This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as YourBestCreditCards.com, My Wealth Wallet, and others. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the recording / posting date. Some of the offers mentioned may no longer be available and/or may not be available to all users. The content should not be taken as financial advice; it is an expression of opinion. Please do your own research before making a decision to apply for a card or act upon any of the information provided. #creditcards #creditcard #creditcardstrategy