As far I knew everyone was doing this, but after having a conversation with my mom and several of my farming friends I realized that this may not be common knowledge. If you farm, you can travel for free! No cost. Zip. Nada. To good to be true right? It isn’t. I’ve traveled to Maui, London, Paris, Rome, Costa Rica and spring training in Arizona because of it. With the many credit card rewards programs for both business and personal accounts it is completely feasible to have an amazing vacation at the end of your crop year at little to no cost to you, and you don’t have to run a huge operation for it to be feasible.
What is a Point?
Reward points are earned based upon the money you spend. The best programs earn you a point for every dollar spent. These points can then be redeemed through the website or calling the phone number on the back of your card. Points are typically valued at $0.01 per point. So 50,000 points would be valued at $500.00.
If you’ve thought about it before but have reservations it’s simpler and safer than you think. Here is how I did it:
I have both my personal and business accounts with Chase bank. They aren’t my lender but all of my operating loan advances are wired through to my Chase accounts. With my business account I signed up for the Ink Business Bold card. This is not a credit card but rather a charge card that has a balance due at the end of every month. Being so there is no interest accrued but there are rather stiff penalties if your balance is not paid on time; so it is essential to be very disciplined or better yet automate your balance to be paid so you don’t forget. With this card I get one point with every dollar I spend I also received a 50,000 bonus points ($500) after spending $4000 in three months."
I knew this was possible, but I never disciplined myself to do it! I found this in the Café and thought I would share it with you!
I have been paying too much for my trips!