Happy New Year!
(and My Plan to Earn $50K+ in Credit Card Rewards in 2025)
Happy New Year
I’ll earn over $50,000 in credit card rewards in 2025.
I’ll keep this post short and to the point, as you are likely enjoying time with friends and family…
And some of you are currently enjoying a fully paid vacation (thanks to reading this Substack).
2023 was a great year for this community.
2024 was even better.
2025 should be insanely better than both previous years, and I am fired up to win with all of you.
Looking Ahead in 2025
Amex Goals
I’ll be prioritizing Amex in 2025 as things have changed a bit this past year.
I know I emphasize this all the time, but having a P2 should be an urgent priority for anyone who is still playing this game in single player mode.
First, I’m going to prioritize getting 1 Million Amex MR points as quickly as possible, so I can redeem them all via Schwab cashout at 1.1 cents per point for a total of $11,000 (per player).
(I’m expecting to hit the 1 Million MR threshold at some point in Q1)
Again, those with two players can double their earnings. If you have 3 or 4 players? Well, you get the idea.
Then, my next goal is to earn another 1 Million MR to cash those points out at 1 cent per point through my Amex Business checking account.
Again, this is for each player.
After?
Since I am capped out at the 1M threshold for both Schwab and Amex Biz checking, I don’t have any good options to redeem for cash, so any remaining points can be used for first class or business class.
However, if there is any travel to Europe or any long overnight flights, I’ll make an exception and book a lay flat seat…Even if I didn’t hit the 1M threshold with each cashout option yet.
The way I’m approaching the game this year is, I need to earn those first class flights.
Sure I am generating more than enough points to fly first class everywhere, even on short domestic flights…
But I want to set the bar high and really earn some solid cashback, so I feel like I’ve earned the right to splurge.
The 2025 Q1 plan will be introduced within the next few days, and will help you turbocharge your Amex earnings and get off to a great start this year.
Stay toon’d for the Q1 plan and keep any eye on your inbox!
Chase Goals
My Amex point earning will be fast and furious, and I’ll be focused on signup bonuses every 90 days.
Once I max out the Amex SUBs for each quarter, I’ll be moving on to maxing out my $25K office supply 5X on my 10+ CICs (between two players)
I usually just use my Chase points for hotels, so my plan is to get a rough idea of how many I need for the year, and then use PayYourselfBack to redeem the rest for cash at 1.25X.
Every year I find myself hoarding way too many points and they are just sitting in my Chase account…
So this year I want to save what I need for trips and then redeem the rest for cash so I can invest it elsewhere.
Conclusion
Two critical pieces of advice I want to leave you with going into 2025:
First, get a damn P2 if you don’t have one. Once you really learn this game and start earning good money, you can effectively double your earning potential with a P2 (spouse, girlfriend, boyfriend, grandma, father, etc).
It ALWAYS pays to be early in this game. If there is a new play that is announced, sign up for that Fintech, jump on that offer, etc. You never know when certain plays die, and often times, people that got in early are grandfathered in and get lots of benefits. If there is a new play familiarize yourself with it, even if you don’t do a deep dive. Sign up and play around a little bit. This game moves fast and winners stay ahead of the curve by taking action.
If the above seems daunting or out of reach, I get it.
But I’ll be introducing a few new MS methods in the next couple of weeks, so we’ll have multiple options to generate enough spend.
The quarterly plans will spell out each step, and we’ll continue to have biweekly calls to ensure everyone is on the right path.
Good luck!
2025 is yours for the taking!
Disclaimer: None of this is to be deemed legal or financial advice of any kind.