Al has over a million American Express points and dreams of booking another once-in-a-lifetime luxury vacation for his family. But the opaque, frustrating system of transferring and redeeming rewards has him completely paralyzed. On this episode of How To!, Mike brings on Elliot Rosenberg, founder of the luxury points concierge Stratys, to demystify the credit card game. They discuss how airlines secretly devalue their miles and why hoarding points is a massive financial mistake. Elliott walks Al through the "earn and burn" philosophy, explains why you shouldn't put everyday spending on premium cards, and shares a simple hack for turning Amex points into five-night stays at elite hotels. Stratys - http://stratystravel.com/

Executive Producer Corey Wara

Edited by Geoff Craig

Booking by Ben Astaire

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