The Surprising History of Points and Miles
About this episode
Chris explores the history and mechanics of points and miles, revealing the financial systems behind them.
#274: Chris walks through the complete history of points and miles and breaks down the $140 billion machine behind them, so you can get more out of every point you earn. He covers the legal accidents that made credit cards wildly profitable, why loyalty programs are worth more than the airlines, the psychology behind why you keep hoarding points, and more. Link to Full Show Notes: https://chrishutchins.com/history-of-points-and-miles Partner Deals Storyworth: Share your mother's stories in a custom book (+ up to $20 off) Fabric: Affordable term life insurance for you and your family Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth Thrive Market: 30% off your first order of organic groceries + a free $60 gift DeleteMe: 20% off removing your personal info from the web For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Movie: The Man From The Diners Club Book: Mileage Maniac by Steve Belkin Video: How Airlines Quietly Became Banks Articles Credit-card cash reshapes US airline loyalty — and profit by Reuters Interview with Matty Simmons by The Saturday Evening Post Who Pays For Your…
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Storyworth, Fabric, Gelt, Thrive Market, DeleteMe
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