Buying groups: Big risks / big rewards | Ep223 | 10-7-23

<p>Buying groups can be a highly effective way to increase credit card spend and earn big rewards, but they can also be a perilous path toward problems. Greg and Nick discuss what they are, why you might want to use them, and why they may not be right for you.</p> <p>00:00 Intro</p> <p>00:47 Giant Mailbag</p> <p>08:30 Card Talk: Amex Business Gold card</p> <p><a href= "https://frequentmiler.com/major-changes-to-the-american-express-business-gold-card-heres-whats-happening/"> https://frequentmiler.com/major-changes-to-the-american-express-business-gold-card-heres-whats-happening/</a></p> <p>20:37 What crazy thing . . . did Marriott phone reps do this week?</p> <p><a href= "https://frequentmiler.com/marriott-rules-for-extending-free-nights/"> https://frequentmiler.com/marriott-rules-for-extending-free-nights/</a></p> <p>25:48 Award Talk: Capital One "Move Rewards" is back</p> <p><a href= "https://frequentmiler.com/huge-if-true-convert-capital-one-cash-back-to-miles-by-moving-rewards/"> https://frequentmiler.com/huge-if-true-convert-capital-one-cash-back-to-miles-by-moving-rewards/</a></p> <p>28:32 Award Talk: JetBlue status match update</p> <p><a href= "https://frequentmiler.com/digging-into-jetblues-amazing-status-match-for-delta-elites/"> https://frequentmiler.com/digging-into-jetblues-amazing-status-match-for-delta-elites/</a></p> <p>31:07 Main Event: Buying groups: Big risks / big rewards</p> <p>42:26 How buying groups operate</p> <p>45:55 Some common risks</p> <p><a href= "https://frequentmiler.com/a-buying-group-deal-gone-wrong/">https://frequentmiler.com/a-buying-group-deal-gone-wrong/</a></p> <p>58:30 Is it ethical?</p> <p>1:12:34 Question of the Week: I got the Citi Premier card and forgot to meet the spending requirement, so I never received the bonus. If I close the card and apply new, would I be eligible for the bonus?</p> <p>Music credit: Annie Yoder</p>