Credit Card Hacks Quiz

What is a key benefit of using a companion pass with Delta credit cards?

• Free hotel stays

• Discounted car rentals

• Reduced airfare costs for a companion

• Priority boarding

How can you quickly earn the Southwest Companion Pass?

• By spending $10,000 on any credit card

• By flying 100 times in a year

• By booking 50 hotel nights

• By earning 135,000 qualifying points in a calendar year

What is the main advantage of using transfer bonuses for booking travel?

• They offer free upgrades to first class

• They allow you to book flights without any fees

• They increase the value of your points and miles

• They provide free travel insurance

How did the narrator save 22,000 AMX points on an Air France flight?

• By booking during a sale

• By using a 25% transfer bonus

• By redeeming a travel voucher

• By flying on a weekday

What is a unique feature of the Bilt Mastercard?

• It provides free travel insurance

• It offers 5% cashback on groceries

• It earns points on rent payments without transaction fees

• It offers a 0% APR for the first year

How many points can you earn per year on rent with the Bilt Mastercard?

• Up to 150,000 points

• Up to 100,000 points

• Up to 50,000 points

• Unlimited points

What is required to qualify for the highest tier of the Bank of America Preferred Rewards program?

• A 3-month average balance of $200,000

• A 3-month average balance of $100,000

• A 3-month average balance of $50,000

• A 3-month average balance of $20,000

What is the cashback boost percentage for the Platinum Honors tier in the Bank of America Preferred Rewards program?

• 75%

• 25%

• 100%

• 50%

What is one way to avoid paying high annual fees on credit cards?

• By closing the card immediately

• By downgrading to a no annual fee card

• By paying the fee in installments

• By using the card only for travel

What is the two-player credit card strategy?

• Sharing one card between two people

• Using two cards for every purchase

• Applying for two cards at the same time

• Optimizing spending categories and leveraging referral bonuses