Out of curiosity, how much do you have to spend to get those bonus miles? Right now Chase Sapphire Reserve will give you 50k miles for $4k in spending within 3 months (in addition to the $450 annual fee).
It just seems like a lot of these credit card based mileage schemes are really limited to people who can naturally spend tens of thousands a year on credit cards and can additionally afford the potentially thousands more in annual fees (if you have multiple cards). For those who aren't in the top 20th percentile of income, or who just prefer a frugal lifestyle, I don't see how its viable.
Or are there tricks to manufacture spending and recoup your costs?
It just seems like a lot of these credit card based mileage schemes are really limited to people who can naturally spend tens of thousands a year on credit cards and can additionally afford the potentially thousands more in annual fees (if you have multiple cards). For those who aren't in the top 20th percentile of income, or who just prefer a frugal lifestyle, I don't see how its viable.
Or are there tricks to manufacture spending and recoup your costs?