Weekly Points: Fast Track To Elite Status, Should You Cash In Your Points, Pay Student Loans With Credit Cards and More!

Fast Track To Elite Marriott Status:  Many are reporting that they have 30 elite nights on their Bonvoy account from their credit cards.  If you have a personal Bonvoy credit card and a small business Bonvoy credit card, then you’re eligible for the 30 elite nights.

Cashing In On Points?:  We’ve always preached about not cashing in your points because of the poor value per point that you get.  When using your points for travel, you’re able to get outsized value from each point. However, if you’re strapped for cash you may be forced to cash in.  Here are the better options for doing so.

How Banks Are Helping Consumers:  Many banks are working with their customers during these uncertain times.  Amex is waiving late payment fees and interest accrued for the time being. They’re also extending the bonus spending period by three months.

DoorDash Benefits Explained:  Recently some of our popular cards started offering DashPass and a premium card is offering statement credits for DoorDash.  DashPass could save you about $5 per order! Check out this guide.

The Amex Travel Portal:  While it may not seem as popular as the ones offered by other banks, but there is value there.  This guide walks you through when to use it and your point values by doing so.

Pay Student Loans With Credit Cards:  Usually paying a mortgage, car loan or other types of loans isn’t possible with a credit card unless you pay a fee through Plastiq.  However it seems as if you’re able to do so through Sallie Mae.

Things To Consider When Converting Points To Cash:  This is a hot topic considering the times we are living in, so that’s why I see this as a good read.  Consider these factors before making your own decision.

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