My 2023 Credit Card Point Redemption Recap (REVEALED)

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Hey guys, in this video, I break down all of the credit card point redemptions I made in 2023. These include redemptions using Chase Ultimate Rewards Points, Amex Membership Rewards Points, and Capital One Miles. This is a follow-up to my video about how much money I made from credit cards in 2023 because although I earned a large sum of points from my cards, I also spent a lot of those points in 2023 as well. This video is broken down into flight partners (Southwest), hotel partners (Hyatt, Marriott, and Hilton), and travel portals (Chase, and Capital One). At the end, I summarize everything in point ecosystem form and discuss my final takeaways from this exercise. If you’ve been wondering how I use my credit card points, how to maximize your credit card points, or what trips I took in 2023, this video is for you!

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📚 Chapters:
00:00 The Gameplan
01:05 How I Redeem Credit Card Points
02:35 Southwest Flight Breakdowns
06:21 Southwest Flight Totals
06:47 Hyatt Stay Breakdowns
08:47 Hyatt Stay Totals
09:25 Marriott Stay Breakdowns
10:21 Marriott Stay Totals
10:29 Hilton Stay Breakdowns
11:45 Hilton Stay Totals
11:59 Chase Portal Breakdowns
14:21 Chase Portal Totals
14:51 Capital One Portal Breakdowns
16:18 Capital One Portal Totals
16:29 Chase Point Totals
17:24 Amex Point Totals
17:55 Capital One Mile Totals
18:14 My Takeaways

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#creditcardpoints #pointredemptions #creditcards

[reggiethecommenter]

Idea for you: Once you max out the referral bonuses that you can get from a specific card, use the referral bonus link from either 1) one of your subscribers or 2) one of the people who used your referral links; getting you points. Either can be chosen randomly. This will drive viewers, subscribers and engagement.

[balloonpark]

Thanks for sharing. I'm confused as to why you accept less than 1.5 cents per point by transferring chase points to southwest when the CSR gives you that 1.5 minimum value through the portal when booking with points. Can you explain your thoughts there?

[AirForceAx]

So you redeeming those points for Apple product and a computer at that. Did you write the computer off still seeing as it was used for business purposes?

[KevinYang]

Always interesting seeing how others use their points, especially when Southwest is one that is remotely close to being on my radar! Also totally agree that looking at more of those international flights is where you could get a ton more "value" (come join the Aeroplan train!). Looking forward to hearing about your Croatia trip!

[TheCreditFrog]

Great video Spencer! It’s awesome to see how much value you got from credit card points/miles and seeing how much you were able to travel last year. It’s going to be interesting to see how this year will compare with your big international trip coming up!

[JakeVanderPloeg]

It’s videos like this that remind us why we do it! To explore the world and have a taste of luxury! Excited to see what 2024 looks like!

[Jakob]

I used my Chase points the same time that they were giving the 25% boost to get my mom a new iPhone 13 and was able to take that phone and immediately upgrade it to the iPhone 14 so I was able to get even more value for that redemption. Thanks for the videos. Keep up the great work

[dylanschang]

So for all those trips you made for creator conversations and meetups, wouldn’t it be smarter to book in cash so you can write them off on your taxes as business trips? I travel constantly, but they’re all for one of my businesses. I stock up a lot of points and got travel credit cards because I travel so much, but now I can’t really spend the points because all my trips are for business. I book the business trips in cash on business cards so I can write them off

[BenFranklin]

Doesn't Chase's portal give 1.5x value when booking through it with the CSR? Im considering CSP or CSR since I use Southwest a lot. Was surprised that your minimum redemption for the UR wasn't that 1.5 on anything Southwest. Am I missing something?

[elliottnixon-wqsp]

Bro, don’t sweat the CPP too much. I don’t understand the whole “Chase is worth 2 cents” talk because it’s all on paper. The moment you need to book a room or a flight, the CPP is whatever the price is and you know some other person will book it cash. Winning here means using points for fun and getting points without going to bankruptcy court.

[MikeMaye]

I'm a "earn it and burn it" kinda guys with my points. I already have my Fall trips planned from my VX and Chase BU cards. You got a lot of value from your points and I love that you use it for travel. Any international trips in the future? Great vid Spencer💥

[jimmyjames]

Awesome redemptions! Thanks for the info + video!

[DJOctober]

Awesome redemptions! I’m planning on using some points either for spring break or for the summer. When I do, I’ll probably record it all and start a Spanish credit card YouTube channel!

Love your content.

- Ivan

[MattWelterOfficial]

Love the travel redemption break-down, the best part about accumulating CC Points is showing how we are actually able to use them to offset some of those major travel expenses! Excited to hear about the redemption for that Croatia trip this year! Great video Spencer!

[FishPoints]

i love SW and had my wife get the sapphire prefered with the elevated SUB of 75K points transferred 59, 428 points to southwest for a round trip flight for 2 to the bahamas from BWI at the time cash value was about $1, 200 taxes and fees was $234.20 which i maxed that value by using my amex plat to pay for the taxes fees to get 5x points MR points but that is the cheapest I have ever flown for 2 people round trip so i will continue to transfer chase points to SW for flights unless SW is not an option depending on the destination
great video i have learned so much from you and the others

[skyline]

I have 106K MR with Amex and 70K with Chase, Still trying to raise more points before redeem them, I did a video of my card setup, I tag you in the video don't know you were notified

[OfficialEricGao]

Flight and Hotel redemptions are amazing. Yes, it takes a lot of work to earn those points and sometimes people will argue, it's not all worth it. But when I can get my parents to go visit home for virtually nothing out of their own pockets, it's an amazing feeling.

[MontyTheCardNerd]

Great redemptions Spencer! I agree that what "value" means is so specific to the individual. You showed how you were able to maximize it for your 2023 self through offsetting your organic travel expenses and with the Macbook.

[chadpennycuff]

Great Video Spencer. I'm curious as to what percentage of your points earned in came from referrals. I'm not card focused but I got about 40% of my points from referrals, 40% from SUBs and 20% earned on spend in 2023. Whenever you transition from personal referal links to paid affiliate links, I'm curious how the math works there.

[LK_EBM]

Goes to show that >2 CPP redemptions probably won't be possible for most people. Thanks for sharing your redemptions!